"Meanwhile, the company is lifting the hiring freeze on the product and engineering teams that has been in effect since early August, according to the source." why would they layoff people and then immediately look to hire?
Hire cheaper new grads?
Same here
Engineering is always hiring. 435 people is just cutting fat - I’m guessing low performers and non-core products
Lol an Uber recruiter literally emailed me today asking if I wanna apply to SWE positions smh. I have 3.5 YOE.
They are hiring in Amsterdam.. cheaper and less entitled than stuck up west coast college grads
Critical roles in US lifted & continued expansion outside of US. Layoffs were largely based in US, so...yeah, only hire for critical.
Most west cost tech VPs are libs and are in a panic over a fake recession so they are all holding costs. Walmart has a huge freeze now also and even backfill may scrapped... TDS
The layoffs in my org have been almost all managers and TLMs. They are flattening the org structure to reduce the excessive management and process overhead. Tough day.
Makes perfect sense tbh
Tech Industry
2d
30188
Google doing more layoffs, restructuring including country moves
Tech Industry
Yesterday
1902
Job market is horrible.
Tech Industry
3d
9300
Shopify employees : Are you good?? They're pitting you against each other? wtf
Layoffs
3d
43692
Google CFO confirms 'large-scale' layoffs
Tech Industry
3d
56124
Goog Employees Arrested
Layoff experienced and high TC engineer and hire cheap new grads.
Experienced engineers are 10x more valuable than cheap new grads and only costs 2/3x. Only idiots would do such a thing.
Tell Uber CEO that.