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Tech companies lay off workers at highest rate since 2020: ‘I feel deceived’
- jleyank 4y agoI was told a long time ago that it would be great to start a startup. However, not so great working for one... One has the excitement, one merely the uncertainty. When you make a move, or when you consider making a move, make bloody well sure you're more a founder than worker. Particularly if you're risk averse.
- aaaaaaaaata 4y agoIt's much easier in this climate to go work for a different startup than to throw one in the trash and go begin to work for someone else. Struggling with grasping your advice.
- jleyank 4y agoThe difference between being an owner with a chance of the big payday or a worker of a small, possibly distressed company. Yeah, the workers can also profit from growth or acquisition but that’s rarer than the investors.
- aaaaaaaaata 4y agoTake cash, don't gamble your needs away on options.
- eli_gottlieb 4y ago"Highest rate since 2020" is a period of only two years.
- SwanRonson 4y ago2020’s numbers are going to be hard to beat I expect that to be a “recent” baseline for a while. The article later claims that it is believed that Tech Companies are between 200%-400% overstaffed and companies have suddenly shifted from hiring sprees to layoffs or hiring halts. While it’s not presenting mass layoffs, it is displaying the sudden change in sentiment.