meta surprisingly took care of their workers, most companies dont
Tech Industry job layoffs looking scary
- Thread starter dtownreppin214
- Start date
Yea, they should have. I think part of it was optics too
Yeah, but US tech companies give awesome severance (aside from Leon Msuk, smh)
Labor market for tech companies is really tight, as your workforce is in constant threat of getting poached.
Tech companies gotta offer decent severance packages to retain the folks who aren't laid off.
It's important and valuable to maintain a decent company culture or you'll churn through your employees and end up having to pay a premium to attract and retain them.
Amazon's company culture is shytty, but they pay at the 99th percentile to offset it. They also have decent severance for corporate/tech folks.
Coli brehs will swear that black men are thriving in tech 
You was banking banking too. hate that for you my breh.
threattonature
Veteran
All depends on the company. My old coworker who actually got me my current job left to go to a car software company. Their severance package kicked in at 1 year. They laid him off 11 months in. He had been telling me the whole year that the company had been having a lot of layoffs and was curious how he survived. I'm assuming they were just cycling people out right before they qualified for the severance.
At my old company not sure when it kicks in but it paid 1 week of salary for every year at the company. I was 17 years deep and was hoping for layoffs.
Yeah, it was short lived but I'd do it all over again knowing the outcome would be the same.
In 2020, I worked for a utility company and did maybe 20 hours of real work a week. Making like $120k
In 2022, I worked 50-60 hrs a week, but I paid $120k in taxes. Sign me up for that, even if it means getting laid off every 15 months.
In 2022, I worked 50-60 hrs a week, but I paid $120k in taxes. Sign me up for that, even if it means getting laid off every 15 months.
My taxes just went up majority. I am about to change how much I pay for 401k and see if my taxes go back down.Yeah, it was short lived but I'd do it all over again knowing the outcome would be the same.
In 2020, I worked for a utility company and did maybe 20 hours of real work a week. Making like $120k
In 2022, I worked 50-60 hrs a week, but I paid $120k in taxes. Sign me up for that, even if it means getting laid off every 15 months.
wish you tech brehs the best of luck.
3% reduction in force at my company, small tech firm. Thankfully, I’m in the clear. Three people in my department got cut. Two of them had been there 10+ years, they seem to have cut more high paying positions
StretfordRed
Afro-European
I did.
The thing is I’m at a kinda-FAANG company now and if I don’t move jobs I’ll just stay and more internally.
But we also have shoring freeze and people in my team were made redundant already. Plus I was waiting on results from a certification before I send the CV back out.
I’m not sure what one going to do.
Bleed The Freak
Superstar
Microsoft 10k layoffs
Amazon another 18k
Amazon another 18k
TheColi.com in a nutshell
and they said the coli fell off, that's classic coli at it's finestWe have a serious conversation going about tech industry layoffs
And then these 2 clowns show up to argue about who’s the better rapper
then it's like people said, they are laying off the massive amount of mid they hired.
Actually, massive layoffs haven’t happened—yet
Goldman Sachs and Amazon layoffs are spelling out doom and gloom, but the reality is much brighter.fortune.com
