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It sucks knowing that your job isn't as stable as you'd have hoped. I guess the advantage in working in startups, you know they aren't guaranteed to last. Havi
by Justsignedup 4y ago
It sucks knowing that your job isn't as stable as you'd have hoped. I guess the advantage in working in startups, you know they aren't guaranteed to last.
Having said that, the big corps were paying gooooood money, enough to save up plenty.
- throwaway5959 4y agoAgreed. This may sound harsh, but if you’re a software engineer at Microsoft with five years of experience (starting your career at Microsoft) making $300k+ a year and aren’t sitting on a massive pile of cash/investments, a layoff is the least of your worries. Hopefully most of the staff getting laid off have at least three months in cash not including severance.
- yakubin 4y agoDoes Microsoft pay this much?
- jameshush 4y agoFresh out of university new grads were getting $100k/year base salaries there when I graduated about 11 years ago. Plus stock and bonuses. So for 3-5 years xp “normal” engineer it was very, very doable to have $300k total comp (stocks, bonus and base) at Microsoft. I’m quoting Microsoft Silicon Valley numbers because that was the one I was interning at the time.
- jdmoreira 4y agoNo wonder they have to layoff if they do. Insanity that compensations reached this level. The definition of a bubble really.
- throwaway5959 4y agoYou should look into how much money they make per employee.