Blind TL;DR Edition No. 45: Week Ended Sept. 16, 2022
Blind TL;DR helps you stay on top of what shaped the tech industry this week in about 3 minutes. Keep tabs on the latest with insights straight from the newsmakers—technologists like you.
Not a joke
Internal networks at Uber have been breached. A hacker appears to have access to company email and cloud systems, code repositories, Slack, and even the finance team’s dashboard of employee travel expenses. Some employees thought everything was a joke, even after getting locked out of internal software or seeing an obscene photo when trying to connect to their computers.
Check out the reaction from employees on Blind.
What economic slowdown?
Figma proved haters wrong. The company, which raised $200 million at a $10 billion valuation last summer, was once made fun of for having an unrealistic valuation. This week Adobe announced it wanted to acquire the company for $20 billion. The half-stock, half-cash deal is 50 times Figma’s revenue.
Find out how much Figma employees might earn.
Find new jobs or leave
Google canceled half of all projects at Area 120, the business group that incubated AdSense, Gmail and Google News. Employees who had their work cut must now find other jobs at Google in the next four months or be fired.
Learn more about Area 120 and the reduction in force.
Are layoffs racist?
The Twilio CEO thinks layoffs are racist. As he fired 11% of the company or more than 800 people, he said the company took special care to ensure the sackings wouldn’t be racist or oppressive.
Read about the “anti-racist” layoffs on Blind.
The incoming bloodbath
It’s layoffs season on Wall Street! Goldman Sachs will lead the pack and fire hundreds of employees later this month. The bank usually cuts the bottom 5% of all employees every year but paused the policy because of the pandemic. Other banks are expected to follow with their own mass terminations.
Get the low down about the annual job cuts.
The shortcut to FAANG interviews
Most whiteboard job interviews are the same—no matter the company—which is great news if you plan to ramp up your job applications. Don’t miss our list of the top LeetCode patterns at some of the largest tech companies, including Amazon, Apple, Google, Meta and Netflix.
Get the top coding patterns for FAANG interviews.
Be a newsmaker
Make an impact with your work. The top companies in the headlines are using Blind to grow. Find out how you can get an offer from some of the most innovative and fast-growing companies.