- Collaboration with skilled and talented colleagues created a dynamic and enriching work environment. - The potential for the company to make significant strides in the real estate industry.
- Leadership gradually reduced employee benefits, negatively impacting morale. - Non-competitive pay relative to industry standards. - The company culture sometimes felt overwhelming and cult-like due to its intense focus on loyalty and commitment. -National leadership frequently engaged with regional teams, expressing a commitment to enhancing the company's culture across the board and actively soliciting feedback and suggestions from employees. Despite these conversations and the genuine enthusiasm shown by employees in contributing ideas, there seemed to be a disconnect in translating these suggestions into tangible actions and improvements.
top talent good pay fair amount of flexibility with remote working
lots of teams aren't structured well. still in transitional phase
9 Engineers let go today including myself, Iâm on the market for a front end role.
Anyone else have their COMPASS blind account recently âhave a problemâ and lose access? Afraid to create a new account in light of recent news⊠Oh well, it was just a time sink anyway. I should be prepping for interviews I guess, just in case. đ#layoffs #layoff But Iâm curious, does that mean HR ...Read more
Compass is laying off 75% of engineering in US by end of September 2022. Leadership blamed everything on interest rate. But it looks like this was the plan all along. Build the platform and kick engineering team out in US. Send all maintenance work to India Update: It is going to be above 80% of wh...Read more
Posted this last night but feel like it was late and got looked over. About 40-50 people in IT, Ops, Marketing, Design, Recruiting, and People & Culture were laid off this week with more expected in the next few weeks. Most of the layoffs impacted NYC based employees. Hoping we land on our feet ag...Read more
https://seekingalpha.com/news/3873185-compass-inc-unveils-cost-cutting-goal-after-issuing-soft-q3-2022-guidance How is everybody doing at Compass? TC:450 YoE:20 #compass #tech #layoffs
They got rid of the entire engineering team at compass đ€Żđ€Ż My condolences. TC120K
Well, i was just let go by Compass this morning iver in the Orange County market. I was a senior Enterprise Technology associate that was recently promoted to a Senior Agent Experience Manager seven weeks ago. I worked at Apple for over 13 years as a Lead Genius prior to Compass so Iâm a loyal empl...Read more
Not looking good⊠Coinbase: 1100 layoffs Redfin: 470 layoffs Compass: 450 layoffs https://www.cnbc.com/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html https://www.bloomberg.com/news/articles/2022-06-14/compass-to-cut-about-10-of-workforce-amid-us-housing-s...Read more
Compass announced a 10% cut to its workforce, and Redfin announced an 8% cut. Expect Zillow layoffs as well. Both real estate and tech is crashing. Redfin stock down 90% from highs. https://www.cnbc.com/2022/06/14/real-estate-firms-compass-and-redfin-announce-layoffs-as-housing-market-slows.html
Bad news from compass⊠With current real estate market down pressure, they gonna cut 75% of product org. A lot of great eng that Iâm working with gonna get affect plus myself. Would be happy to connect for referrals, will be highly appreciated plus a beer đș Tech lead current tc: 500k Soon tc: 0...Read more
In preparation for the huge layoff happening at the end of September at Compass, if anyone can provide referrals that would be extremely helpful and appreciated! đ„Č TC: $250k YoE: 4 #compass #compasslayoffs #Atlassian #Stripe #Etsy #Figma #Asana #Spotify #Slack #Lyft #Uber #Microsoft #Meta #G...Read more
Memo from Compass CEO to leadership team, according to Business Insider LT, The real estate market is challenging right now and will likely stay that way for the next few quarters at least. This puts pressure on us, as company leaders, to do all we can to help our company get through this rough pa...Read more
https://esd.wa.gov/about-employees/WARN
On H1b and looking for Staff/Senior Software Engineer equivalent roles. I will DM if you can help. Thank you in advance Blind! YOE 15 #layoff
Wondering what's the severance package given to new hires who got laid off last week. Did they get the first years stock all at once? Did the company take back the sign up bonus or let the impacted have it? TC: 450k, Yoe: 10 years
^ Recruiter asked me to share anyone I knew that worked at Google, and told me to check LinkedIn. Figured Iâd ask here as well, thanks! 5 yoe
Twilio being the first to layoff followed by docusign, my predictions are Lyft Uber Coupa Asana/ monday.com and the likes Zillow compass and the likes Nvidia ( too big ) Add more to comments
Netflix, Coinbase, Redfin, Compass are prominent names in the valley. Where do you see next layoffs happening?