7 ms·
Layoffs.fyi
- exgl 3y agoNotable that the latest layoff there (and a pretty large one, at that) is Airtable, which is the system the site relies heavily upon.
- tibbon 3y agoIs this dog fooding the app?
- syndicatedjelly 3y agoWhy is it okay to list the specific employees who were laid off? What if they don't want that information to be publicized to the internet?
- yreg 3y agoThose lists shouldn't contain people who haven't submitted their names themselves.
- JoRyGu 3y agoShouldn't as in they might contain names against people's consent and that's bad, or shouldn't as in there is some process in place for people to submit their names and they derive the data from that process?
- Bluecobra 3y agoIf you go to the "Lists of Employees Laid Off" there's a link to a Google spreadsheet. It seems to be gleaned/scraped from LinkedIn, so I guess if you keep your profile up to date you will show up in this list...
- mkmk 3y agoTypically these lists are created by one of the laid off employees or the HR team that laid them off, and are opt-in. They are circulated to help those who were laid off find new jobs.
- syndicatedjelly 3y agoThat’s not cool at all
- ssnistfajen 3y agoWhy? LinkedIn is public info. These people willingly posted on LinkedIn about changes in their job statuses. The amount of details contained in these spreadsheets (previous job title, YoE, location, work preferences, contact info, etc.) are pretty clearly meant to match with potential employers
- syndicatedjelly 3y agoIt’s one thing to share with LinkedIn a job change, it’s another for someone else to scrape that info and post it to a different website without their consent. Like if someone scraped images of their friends from Facebook and posted it to a different site with some commentary
- ssnistfajen 3y agoLinkedIn is public info. Anyone who posts publicly viewable info on the Internet has accepted the fact that it will circulate beyond their intended audience. If you are so against "scraping" or whatever arbitrary definition you came up with, don't post here either. And how do you know these people didn't consent to having their info aggregated on that site? It's an additional way of outreach to employers who are most likely to be sensible if they are looking at that site. The vast majority of layoffs over this past year and half have nothing to do with employees' personal performance. It's not that embarrassing to share. >Like if someone scraped images of their friends from Facebook and posted it to a different site with some commentary This already happens and has happened for as long as FB's existence as a major website. In fact, a major web page indexing platform whose brand name starts with a G and ends with an E "scrapes" pictures from FB all the time. Why don't you take the issue to them?
- deleted 3y ago[deleted]
- cle 3y agoIt would be interesting to count people who were likely forced out due to return-to-office mandates.
- cebert 3y agoI’m a huge proponent of RTO, but that’s a personal decision not a layoff.
- finikytou 3y agoits not a decision when it is forced...
- cebert 3y agoThe employee chose not to return to the office though.
- tnel77 3y agoHard to argue with that logic.
- gusgus01 3y agoThere's definitely still a discussion around the concept of constructive dismissal that could be had. Although a lot of that has to do with the exact parameters of the RTO, so it would be company to company.
- toomuchtodo 3y agoI have provided guidance to several folks over the last few years with regards to taking a remote role. I have told all of them to require in their offer letter that the role be defined as remote without an in office component (it helps if you don't take a role at an org that has an office within 50 miles of your home address). I have also provided them with contact information for an employment attorney who will provide a letter to their employer with regards to their employment arrangement being remote if the employer attempts to unilaterally change the working arrangement. In no cases has the employer successfully required the employee return to office, and only once was the attorney necessary to push the issue. n=1. If you're taking a remote role, have it codified in your offer letter. Retain that as an artifact in the event you need to engage legally. Always be prepared for your job to end at any time due to the state of US employment, but also set yourself up for success whenever possible. The party with the best position of power and the least to lose typically is the one who wins. Always be preparing a paper trail if you feel like the actions your employer is taking might infringe on your labor rights. You've then done all the hard work to then hand it over to an attorney and/or government regulator for actioning. And if you're not organizing and unionizing to secure remote work as a right at your org, you should consider it. Very favorable environment at the moment to do so. (not an attorney, not your attorney)
- shrikant 3y agoIs this crowd sourced, or is there an element of curation? My ex-employer is on there twice as Kape and Kape Technologies.
- toomuchtodo 3y agoIt is crowdsourced but also curated by an individual.
- tempsy 3y agoI’m mostly interested in forced resignations due to not wanting to RTO. The flip side is impact to “zoom towns” that were booming with remote workers and whether a bunch of new listings from RTO workers will drag certain housing markets lower
- deleted 3y ago[deleted]
- dcoleyoung1 3y agotrue aficionados of tech booms remember https://en.wikipedia.org/wiki/Fucked_Company https://en.wikipedia.org/wiki/Fucked_Company
- garrickvanburen 3y agoLegend
- jowea 3y agoThe more things change....
- deleted 3y ago[deleted]
- iwonthecase 3y agoThe time series chart shows a pretty strong decrease in the number of layoffs the last month, which is something I've noticed on the opposite side, where I'm getting a lot more interviews recently. Might just be my imagination though. Also I did some analysis on this dataset a few months ago, and it seems like layoffs tend to happen near the beginning of the month, but I'm not sure why that would be. Also, as an aside, this doesn't cover all places and I'd guess smaller startups would be less likely to show up. My last place went from about 45 to 10 employees over the last year (layoffs, RTO bs, terminations for "performance," etc.) and isn't on this list, for example.
- lezojeda 3y ago[dead]
- cojo 3y agoI’m not sure if this accounts for the datasets you are referencing, but one reason for layoffs to cluster at the beginning of the month, in the US at least, is health insurance… Typically if you are laid off, your health insurance coverage will run at least through the end of the current month as of your last day before COBRA would kick in. This isn’t a hard and fast rule necessarily, and some layoffs extend healthcare coverage longer anyways, but I know for a fact multiple layoffs I’ve been involved in over the years have timed for the first of the month for this reason.
- zamadatix 3y agoI'd hold off coming to any conclusions on the numbers for a given month until at least after it has passed.
- slg 3y ago>The time series chart shows a pretty strong decrease in the number of layoffs the last month Do people remember how these companies were talking a year ago? Because I do. Meanwhile, I just searched Google News for "[company] quarterly results" for the three companies with the highest layoff rounds and here were the headlines for the top result for each: >Alphabet reports better-than-expected quarterly results driven by growth in cloud >Amazon reports blowout profit, beats on sales and issues optimistic guidance >Meta reports better-than-expected results and issues optimistic guidance for third quarter It is almost like the "difficult economic environment" that was "forcing their hands" might not have been as real as they were claiming. I don't know if this was another example of active collusion among big tech companies, but it certainly seems like these layoffs were at least partially motivated by power starting to shift too much into the hands of labor for the liking of some of these companies.
- blindriver 3y agoThe rate of layoffs seems like it has abated since about March. Hopefully this is a good sign for our industry.
- steveBK123 3y agoAI pump began around then..
- pugworthy 3y agoIt would be interesting to have an unbiased reason for various layoffs.
- superfrank 3y agoRates went up and changed where businesses put their money. Let's say your company has an idea that they are pretty sure can make a 2% return each year. If they can borrow money at 1% interest, it makes sense to borrow money to fund that project. When rates go up and loans now have 6% interest, borrowing money to fund that project no longer makes sense. On top of that, if they can park money in something like bonds and get a guaranteed 4% return, it actually makes more sense to just shut that project down and put the money in the bank since that's a higher return with lower risk. The company in the scenario will actually make even more with less people since parking money in the bank doesn't require employees to get a return. That's a super simplified version of what has happened. When the safe assets give small returns it makes sense to take risks because the alternatives pay so little. When safe assets give big returns appetite for risk goes down and money flows to safe investments. To put this another way, if you put one million dollars in the bank for 10 years at 1% interest, you'll have a little over 1.1 million dollars at the end of ten years. That same million dollars at 6% interest will be worth just under $1.8 million after ten years. To justify taking that money out of the bank you've gone from needing a 10% return to an 80% return.
- OhSoHumble 3y agoI'm at one the companies that issued layoffs. It was dictated by VCs that there had to be a significant reduction in cost before they gave out additional funding.
- deleted 3y ago[deleted]
- skeeter2020 3y agoI had a former coworker reach out after he was let go by Paper. They've done 3 rounds of lay-offs, around 100 people each time since May 17. Bravo! talk about the wrong way to make cuts; everyone left must be freaking out.
- ChrisArchitect 3y ago(2020) Anything new here?
- xeromal 3y agoThe layoffs are always updated
- ConorSheehan1 3y agoSite isn't mobile friendly. Graphs overflow without a scrollbar to see all the content. I prefer https://www.trueup.io/layoffs https://www.trueup.io/layoffs
- myth_drannon 3y agoThe list is very partial. Sometimes they add companies that are obviously not tech at all and sometimes they don't add tech companies.