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Where would you go in this environment? Most of the top-name companies have had layoffs themselves, or at the very least are at the hiring freeze stage of the
by in_cahoots 4y ago
Where would you go in this environment? Most of the top-name companies have had layoffs themselves, or at the very least are at the hiring freeze stage of the layoff routine.
- roncesvalles 4y agoThe "we're in a hiring freeze" press releases all have fairly broad asterisks. New people are being onboarded daily in all of the companies that announced layoffs.
- in_cahoots 4y agoThat’s true, but those same companies still wound up doing layoffs later on. So if your criteria is not to work at a company without layoffs then you’re still SOL.
- roncesvalles 4y agoI'd rather join a company post-layoff than pre-layoff.
- escapecharacter 4y agoIn my case, I did the math on my savings and I’m taking 1-3 years working on side projects, by myself and with groups of collaborators
- seb1204 4y agoWow, good on you. I wish you all the best. I wish I had such financial safety net to change jobs
- Yoric 4y agoI have that kind of cushion and I am considering taking a few months off working on side projects. But 1-3 years? I would need a very, very, very solid project to consider doing that!
- msbarnett 4y agoThere’s tons of very profitable companies hiring right now - the “top-name” companies doing layoffs were all “growth-first, profit-never” types. We’re not in an industry-wide downturn and there’s a hell of a lot more out there than FAANG or MANGA or whatever we’re calling it now.
- type-r 4y ago> the “top-name” companies doing layoffs were all “growth-first, profit-never” types What companies specifically are you referring to? In the last few months we've seen layoffs from Microsoft, Google, Facebook, and Amazon. These rank among the most profitable tech companies in the world. https://companiesmarketcap.com/tech/most-profitable-tech-companies/ https://companiesmarketcap.com/tech/most-profitable-tech-com...
- UncleMeat 4y agoGoogle, Microsoft, Facebook, and Amazon have made an absolute shitload of money. They are among the most profitable companies in the history of humanity. Definitely not "profit-never."
- as-j 4y agoYou’ll laugh but bear with me, Meta recruiter just reached out to me this week, so even parts of Facebook are hiring, and my relevant skill set. Of course I don’t care about VR goggles, but you just had large layoffs, why would I work for you? (Plus ok Zuck is ruining your core business, but that aside) Layoffs hurt inside and outside too.
- seanmcdirmid 4y agoIf meta is hiring for VR, they are probably taking advantage of the recent Microsoft layoff anyways to pick up talent.
- metadat 4y agoDo you mean the Microsoft VR layoffs literally announced only 1 or 2 days ago? That's giving BigCo a lot of credit in the agility department, skirting over the edge into conspiracy theory territory.
- seanmcdirmid 4y agoIf they were still hiring for VR, why would the recruiters wait? It’s not like they are very busy.
- as-j 4y agoThis role's been open for a while, probably just recruiting getting re-organized after being cut to the bone.
- kamaal 4y agoHire to fire is fairly common. If a layoff is inevitable, It is common in many set ups for managers to hire people new people whom they would want to let go instead of their top dogs who've been rocking their projects for years.
- as-j 4y agoNah, this role has been open to long, survived recruiting cuts, and it appears even layoffs. I wonder if FB will get so desperate they even stop trying to downlevel.