just got laid off from a start up company
have a interview for tomorrow
Good luck, and it will all work out.
Tech Industry job layoffs looking scary
- Thread starter dtownreppin214
- Start date
Good luck, and it will all work out.
Bleed The Freak
Superstar
Even well-funded fintech companies are laying off workers | TechCrunch
PayPal, SoFi, DriveWealth and Decent are among the fintech companies that recently laid off employees.techcrunch.com
Now they just having fun. Following each other
I didnt even know they could decrease your salary like that
That’s usually a last ditch attempt to salvage whatever scraps are left before the company does another round of layoffs.I didnt even know they could decrease your salary like that
Salary reduction/decrease for a new hire is savage work. It’s like they’re forcing them out
Lord_nikon
Veteran
You can make good money but it's hit or miss. Some get rich while others crash out and never make any real money.
ReggieFlare
Superstar
Well what are you doing now? If you got the right skills you shouldn’t let these layoffs scare you off
I told y’all such a long time ago that all it takes is for some companies to start laying off. We have now shifted from a growth culture to a cut culture. Companies who are fine are laying off. It gives them the green light to cut.
Yeah at this point they are just rounding up the underperforming crowd and giving them the bolt to bring in fresh talent.
They getting rid of high earners.
Any project or department that’s losing money or underperforming is getting canned.
El_Mero_Mero
All Star
I'm not a tech breh, but I hope you guys are saving your money for your retirement and not spending the money on those red Astro Boy boots.
100K jobs cut in barely 2 months. It will probably continue until the 3rd quarter. Companies will want to squeeze out every ounce of productivity from workers. It's pathetic seeing different teams jockeying for extra work trying to prove themselves. When if they hadn't done a piss poor job previously you wouldn't need to kiss ass now.
It’s not limited to underperformers- there are people with 14-25 years in, consistent performance reviews on these jobs getting laid off or cut. There are offers being rescinded, people not even 6 weeks into a position are being informed their work is no longer essential. I remember you bragging about your job a few years ago and talking down to people in here for what you deemed as “menial” positions; bet you’ll be careful about the energy you put out there these days; that job security is not as secure as you talked about in the past.
