(no title)
jjjjoe | 2 years ago
The simplest explanation would be that every cost center/P&L had to offer up 6% of its people, regardless of that cost center's overall trajectory, place in company strategy or open headcount. And that every cost center's VP or general manager or whatever just got collared by HR, was given a list on a piece of paper and couldn't leave until they chose 6% by ...whatever metric they came up with on the spot.
Whatever actually happened I'll never know, but what I've seen was 100% compatible with that theory. Which in turn looks pretty inept.
willio58|2 years ago
My god.. That's pure ineptitude and I'm sorry for anyone at that company right now. This basically sends the message "doesn't matter how good you are, we're going to spin the wheel every so often and if it lands on you you're out"
foofie|2 years ago
The conspiracy theory that's making the rounds is that these rounds of layoffs from tech firms have zero to do with financial reports or economy downturns, and are instead a coordinated effort, along with RTO policies, to wrestle negotiation power from tech workers and put downward pressure on tech salaries. Hence the apparent lack of criteria and indiscriminate layoffs complemented with hiring rounds.
I recall that a FANG ordered managers to decimate their teams while ramping up hiring on teams located in the same building, and HR openly rejected the idea of even having employees in the chopping block interview for those positions.
EvanKnowles|2 years ago
MuffinFlavored|2 years ago
The average total compensation for an engineer is $250k-$350k/yr+
https://www.glassdoor.com/Salary/Google-Software-Engineer-Sa...
https://www.levels.fyi/?compare=Google,Citrix,UKG,American%2...
CamelCaseName|2 years ago
ryloric|2 years ago
I went in bright eyed, excited about the challenging work I would get to do, but instead found inept co-workers happy to do minimal amount of work while enjoying the perks and chilling most of the time. Couple that with the undeserved air of smugness many co-workers carried and the cult-like social environment... it was already not a great place to be, at the very least the team I was part of.
belter|2 years ago
avidiax|2 years ago
berniedurfee|2 years ago
That tends to mean broad sweeping layoffs that select whole orgs, functions, lines of business or locations.
Often that means rehiring (sometimes the same people) to rebuild what was lost by some broad sweeping blind decision.
There’s also some gaming that goes on beforehand to protect key people by shifting them around to get them out of the selection group.
So yes, opaque and senseless may have been a purposeful strategy.
trashface|2 years ago
Ferret7446|2 years ago
winrid|2 years ago
jjjjoe|2 years ago
EDIT: Specifically, replacements were not "cheap".
MichaelZuo|2 years ago
The actual decisions about which specific individuals, after the percentage is arrived at, however seems questionable if what you say is true.
jjjjoe|2 years ago
the_70x|2 years ago
unknown|2 years ago
[deleted]
slowmovintarget|2 years ago