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I know people who got laid off at my company who are trying to stay tied into that company however they can. If you're a contractor for now, fine. You still g

by RajT88 4y ago

I know people who got laid off at my company who are trying to stay tied into that company however they can. If you're a contractor for now, fine. You still get to maintain and build new connections to try to get back into an FTE role later on, hopefully at the end of the day this being a minor speedbump in your career. I can appreciate the thinking. I might actually choose that path if it happens to me.

ghaff 4y ago
Maybe in some cases. But if you were laid off, it means the company didn't value you a lot. OK, maybe they didn't value you much because of their current needs--which may have changed since you were hired. But making a bet on staying in the company's orbit just in case they have a change of heart doesn't seem like an especially wise one in general even if it was a "no hard feelings, it's just business" breakup. There are boomerangs where someone went to a startup for a few years and that sort of makes sense but that's different from being laid off.
hinkley 4y ago
Game company people probably, but also any company that has large but distinct initiatives that come and go over time. Boeing gathers and scatters people all the time. Each airplane is a different project. Seniority and longevity perks like extra vacation are cumulative. when they phased out the pension plan you could still qualify if your original start date was before some arbitrary date, so there was some confusing stuff where new people were not eligible but some people were still getting into it.
freshocean 4y ago
also, is it likely due to Visa situation of those people ?
- RajT88 4y ago
  Maybe, but probably not. Some folks I know are citizens and still trying to stay in the company orbit. My company offers RSU's as a standard part of performance based comp after a certain level - and having talked to recruiters that is the thing which makes it hard to compete with. Huge tech companies just have higher TC than lesser tech companies as a result. I gather this is generally the case at FAANG companies.

by RajT88 4y ago

ghaff 4y ago

Maybe in some cases. But if you were laid off, it means the company didn't value you a lot. OK, maybe they didn't value you much because of their current needs--which may have changed since you were hired. But making a bet on staying in the company's orbit just in case they have a change of heart doesn't seem like an especially wise one in general even if it was a "no hard feelings, it's just business" breakup. There are boomerangs where someone went to a startup for a few years and that sort of makes sense but that's different from being laid off.

hinkley 4y ago

Game company people probably, but also any company that has large but distinct initiatives that come and go over time. Boeing gathers and scatters people all the time. Each airplane is a different project. Seniority and longevity perks like extra vacation are cumulative. when they phased out the pension plan you could still qualify if your original start date was before some arbitrary date, so there was some confusing stuff where new people were not eligible but some people were still getting into it.

freshocean 4y ago

also, is it likely due to Visa situation of those people ?

RajT88 4y ago
Maybe, but probably not. Some folks I know are citizens and still trying to stay in the company orbit. My company offers RSU's as a standard part of performance based comp after a certain level - and having talked to recruiters that is the thing which makes it hard to compete with. Huge tech companies just have higher TC than lesser tech companies as a result. I gather this is generally the case at FAANG companies.