How often does your company lay people off?
Recently, a discussion emerged in the Wayfair channel how the bottom 20% of employees are laid off or at least PIP’d every 3-6 months. Some are PIP’d but most are laid off is what I have observed. Wayfair is also run by business types (ex Consultants mostly), curious how often more traditional tech companies lay people off per quarter?
I have no statistical insight into this, but qualitatively it seems quite rare for Google to fire or lay off anyone
Why is wayfair cut throat? Do they pay well?
Pay is competitive for tech in a non tech market. Below average for 90% of the folks on here. Consulting is super competitive, and a lot of our leadership is ex MBB. They bring the up or out mentality with them. You’re either on a manager path or you leave generally. Technical expertise isn’t valued like other places. Our CTO has never written a line of code in his life and our chief architect is more author/blogger than technocrat (has a grudge against microservices and we just went on the cloud this spring). TLDR, it’s the culture fostered by non technical leadership.
Amazon gets shit for firing 5%, which is a number you can usually achieve by finding people who deserve it. 20% is insane.
20% means that they are firing off everyone who knows the codebase well. This is a very bad move. After the bottom 20% is gone, the next is going to be the next 20% in the stack, unless you are firing new people too
You’ll hear people say Wayfair cant hire enough people. We hire more than we fire, but it does cause problems...lots of them.
If it's 20%, those numbers would have to be reported to the SEC (anything over 5% needs to be reported).
+0 TC?
As with most complains by the 3 amigos (jwxs26, W..., and another entry level guy, just look for the negative rants and you’ll see), they’re false if you look at the facts. We fire ~3%, engineering attrition is at 12%, which at 2500 engineers scale feel like a lot but most companies will kill for it. I was at Athena and attrition was 30%, and we couldn’t hire for shit.. this feels like heaven in comparison but ymmv
Fake news. Thanks HR we all know you are on here.
Lol he’s still talking, imagine hating this place so hard but not being able to get another job anywhere else, so the only Therapy is complaining on anonymous forums all day, making stuff up as much as possible just to have something full that emptiness. I pity you, my friend, is any job worth that kind of life? Been here on SF for 2 months and love it, pretty cool React Redux work on Find pod, with decently structured PHP (testing sucks), better than my old gig (CVS)
More than half our workforce has been at Wayfair for less than a year. Those who have been here more than a year are paid in the pay range of an engineer one level below them (unless one gets promoted). We don't fire folks - we just PIP 25% of the workforce so half of them can leave naturally....
In 2018 we went from 7500 employees to 12000. I was hired on a mid summer day and had 160 folks in my orientation split between two rooms. Let’s say it was a big week and the average is close to 120 across all campuses. Let’s also say there are close to 50 weeks they start people. That means they started 6000 people last year but grew the company by just over 4,000. That means they had almost 2,000 in attrition. 25% attrition is really bad, and with the 20% firings plus HRs stat of 3-4% of regrettable churn, makes perfect sense.
There are SO MANY good WLB companies and somehow people still pick Wayfair to work for 🤷
What’s your list?
Some ppl love PHP 🤷♂️