4 ms·
People saying it is deferred PIPs or house cleaning are deluded. At Meta and Amazon I know some senior people who were laid off. People got decent severance so
by throwawaybbq1 4y ago
People saying it is deferred PIPs or house cleaning are deluded. At Meta and Amazon I know some senior people who were laid off. People got decent severance so not too much negative comments, but I think it is a blood bath. 10% is not a small number and these are not boot camp employees who will switch out to different careers. It is a bonanza for smaller tech firms, but I think this is going to feel like the dot com bubble :(
I went to grad school during those days and have to say, it really sets you back. It will also depress wages in tech for the next 2-3 years.
- mi_lk 4y ago> People saying it is deferred PIPs or house cleaning are deluded. At Meta and Amazon I know some senior people who were laid off. Not sure what you are implying. Senior people don't automatically perform better, it's only natural some get PIP'd.
- cmrdporcupine 4y agoI think it will be interesting to see how the layoffs are structured; e.g. how much if from specific product areas vs how much is perhaps performance based [not that we'll ever know that] and how much is SWE vs SRE vs non-eng, etc.
- cubancigar11 4y agoNot every junior becomes senior in the same company. They are already the top of the cream.