F5 laid off another 250 folks today. About 600 people have been laid off in the last year. 10% of our workforce in the name of moving to cloud. Some of these engineers were REALLY good. It sucks to lose people whom you know so well. How does one anticipate layoffs? When do you know it's truly done? (3 have happened in the last 10 months of a new CEO) Should I just leave the company even though if I like my job and team because of uncertainty? Such a sad day at work today.
If there's no good people in the HR, time to leave.
Why specifically HR?
Good people in HR can recognize good people outside of HR
We’ve gone through similar situations - 2 this year, around a total of 20% of the staff impacted, obviously more churned post riff as well. Regardless of what it was masked as, is this the true rational for the layoff? Predicting your stability there is entirely dependent on knowing the logic behind these riffs.
Damn, 20%? That's sad. I'm guessing we will see more churn post our riff too. The logic is to reduce operational budgets to drive growth in newer areas. About 70% of the company is in no growth areas, so does that mean each one of us in the 70% are expendable?
It’s unfortunate but not the worst I’ve been through. The best you can do is support the people still there and push mgmt to make riff decisions based truly off data rather than emotion. There are other aspects of growth other than simply being tied to revenue, you can also turn essentially any org into revenue generating if you get creative enough. I came in to manage all web collection and general ops but built a data business and took over all supplier relations. I live by the motto that everyone is expendable at some point, from your CEO to your BDRs, everyone can be replaced for a cheaper/better resource, so yes. Focus on being a top performer, attempt to put the peer loss behind you and show your commitment to the company. If you have a responsible org, you will be rewarded and hopefully safe.. unless finances are truly fucked. Also, have backup plans B-Z.
I’m hiring AWS SA’s in SoCal / OC. Hit me if your good and want some amzn love.
I might hit you up. Gotta hit the books to prep a bit now.
Send them over to Proofpoint!
Will definitely recommend them to check Proofpoint out. I might PM you if someone asks for a referral. Even I might in future.
Yeah no problem. We have 400 positions open across the globe and are hiring big time. Interviews happening everyday.
T-Mobile is hiring tons!
TCs for Information Security Engineers?. Junior to senior data for West coast, if available.
EA is hiring architects and SWE. PM me if you want me to get referrals for anyone
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Worried that our top performer is an attrition risk. How do managers handle this?
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I haven’t done shit today!
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What was your base pay increase this year
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Avoid teams with only Chinese or Indians especially with a Chinese/Indian manager
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I’m Sooo Happy about Biden signing TikTok ban bill today!!
Yes leave to FB till layoffs starts happening ?
Um. So do you mean every company ends up laying off folks at some point of time?
That’s the irony of it at some point every company will start doing that to save themselves in the short term