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Target Layoffs
- link Legislation targets companies that layoff employees and then rehire cheaper Im sure everyone has heard stories of comapnies laying people off, only to rehire cheaper, new employees, or sometimes even the same employees for less pay. This article talks about this happening in the hotel industry, and how it has gotten the attention of lawmakers: https://www.theguardian.com/
- layoffs - do they target visa holders more often or are they more universal ? are non resident visa holders more likely to be laid off or do companies layoff more generally with out status being considered ?
- Companies immune to layoffs -2022 Edition For people trying to switch companies in 2022, what should the target companies be that will be immune to layoffs? Comment pl TC : 🥜 + 0.5 🥜
- Scared after getting offer? After I get an offer, I usually decline since I fear I will get pipped out of the company. If my salary is high I fear that expectations will be high and I will be targeted for layoff if performance is not reflective of salary. Does anyone have these problems? TC:70K #renege
- Cisco layoffs - Data Center BU I heard there are going to be layoffs in cisco, targeting Data center BU. Is that true? Any feedback is appreciated!
- Amazon layoffs incoming 5% target layoffs company-wide coming in August, in addition to the usual 5-6% PIPs. Confirmed by an L8 in Amazon channel.
- eBay Job Security/Stability on H1-B for a SDE Is eBay a good company to join on H1-B? How frequently do they do layoffs? What kind of folks are targeted in layoffs? I am a pretty cheap resource TC wise so do they target more senior folks in layoffs? YOE: 2 TC: $100k
- link Huawei layoff 60% - 70% employees in India Thank you Modi https://www.businesstoday.in/current/corporate/huawei-slashes-india-revenue-target-for-2020-by-50-lays-off-60-70-staff/story/411123.html #layoff
- vote Second thoughts on switching jobs? Folks, are you rethinking switching jobs doe to uncertain market in near future with fed tapering, rate hike and recession and layoff fears? Yield curve flattening too. It's just that due to lifo and new employees having less value, easier target for layoff. Ate you taking into account if manager
- vote Is switching jobs risky in this market? 📈📉 It seems a market correction is due Would a decent economic crash cause layoffs at big tech companies (and if so would they target the newcomers?) #design #ux #ui #swe #dev #tech Edit: Evidence for market correction imo is the classic indicators beyond their limits (PE spending, Buffet indicator
- I'm getting laid off in half an hour Today I had a 1:1 scheduled for 3pm EST. Then it got moved to 7pm for no apparent reason. At 6pm we had an all-company meeting that was announced with very short notice, and that’s when I got suspicious. So I'm guessing the all-company meeting is the layoff announcement, and the 1:1 got moved when t
- Is TripActions headed towards another round of Layoffs ? TripActions has been secretly laying off employees from all departments. Recently they furlough their sales team in London and AMS. Is it safe to assume there will be another round of layoffs targeting Engineering and Leadership this time ?#layoff
- How does Layoff work? Can someone who has been through a layoff explain. Are individuals randomly selected? Will folks who joined recently be targeted more or less? Does your current pay matter?
- Looking for referrals in/around Seattle/ Bay Area I am looking for referrals for full stack software development roles #severance #layoff Some of the companies I am looking to target: 1. Amazon 2. Microsoft 3. OCI 4. Salesforce 5. Apple
- vote Best time to Graduate for International Students ? Please consider that we also have 60 days to find job even after graduating. My targeted industry is Automotive Industry in Controls and Software domain. #layoff #graduate #opt #wfh #jobhunt #jobs #graduate #opt #hiring #layoff #automotivemastermind #tesla #teslainternship #mechanicalengineer #cont
- link Where was this support when sap had a lay off ? Oh I know ! It's coz engineers from Uber went to top Target schools https://www.linkedin.com/feed/news/uber-engineers-showered-with-offers-4717692/ For peeps who dont know about sap layoffs this year, https://techcrunch.com/2019/01/29/sap-job-cuts-prove-harsh-realities-of-enterprise-transform
- How stable is Apple SPG Expecting an offer from Apple SPG. Would like to know how stable is that group (Uber's layoff pattern really messed up my GC application). I knew there was a big layoff in early 2019 but a few months later apple bought drive.ai. I wonder if that layoff was targeted to specific groups or just reduce
- Have a suspicion of being chosen for layoff on the basis of performance, is it better to quit? My boss is sending signals that they are not ok with my performance, though I am not on PIP. In case there is a layoff coming in the next few weeks, I feel I may be targeted. Is it the best for me to quit the company now so that I may have a option of being rehired by a different manager later? I
- Company without URA? Do you guys know any good known companies which don’t follow fixed #URA goal/policy? And has good work culture? I guess different companies might have their own jargons for URA. It means un regretted attrition, where an org has to layoff fixed number/percentage of people. The number is decided year
- Twilio sales executive offer Hi , need your help to review account executive sales offer from twilio (180 k + 60 k stocks over 4 years ) . Any inputs on the sales culture, lay-off, target achievement and product will be appreciated . What is the average quota achievement at each place ? Do they have layoff in case of non achi
- Microsoft or Uber - India Currently L62 with TC - 38 LPA - (27 base) Offered L4 with TC - 54 LPA - (35 base) Y.O.E - 5 Positive of joining Uber - 1. Better work 2. Arguably better brand .. not sure about this. Negatives of joining Uber - 1. Risk of layoffs 2. In my case, relocation .. this will bring the TC difference d
- Amazon URA targets during COVID Is it meeee or does anyone else have an issue with the URA targets this year and the fact that they don’t take into account the massive profits the company saw in the wake of Covid?!!! Really, how conscionable is it to PIP folks (and potentially terminate, thus they lose health insurance) in the mid
- How to not get lost if remote? People who are remote/wfh or those that are part of geo distributed team and have a different office location than your manager, how do you make sure you don't get lost in the crowd? Like you are not forgotten about and your value to team is seen. With so many cross state teams, I feel like this is
- New job during this volatile time? I was looking for a change and had interviews lined up. But with all this uncertainty and volatility, I am a bit concerned if I should move to a new job after all. As far as I understand, recent hires are usually likely target in the event of layoffs. I am doing well in my current role (non-technica
- Which companies to target apart from FAANG for GC? If my aim is to get a GC, and ensure company isnt doing mass layoffs which delays PERM/ personal risk of getting laid off during GC process - which companies should I be targeting apart from FAANG? Some that come to mind are Square, Stripe, Twitter, Pinterest - would love to hear others opinions on
- Got laid off - Referral Help Hi Guys, Got laid off last month from Deloitte and need help with my next steps. I've been scouting but havent had any luck. Could I get some help with referrals please if you know your company is hiring? These are some of the companies I'm specifically targeting: Microsoft, Spotify, Salesforce #r
- Mass PM layoff coming at Microsoft in mid-late FY18 Mass layoff and consolidation of PM (Program Manager) roles at Microsoft in FY18 Q3-Q4, especially in declining groups like Windows. Satya is focusing on cutting the fat and getting rid of unnecessary overhead that slows down innovation. Net positive for the company and stock value, but the country
- Advice for Early Career peeps Genuinely asking if anyone has early career advice; worked in finance/fintech before foolishly being recruited by this Notorious WIT(C)H. Have barely 1 yoe as backend engineer then the Covid layoff. Just trying to see which companies I should target and yeet my resume at. (East coast native). TC:
- vote Company layoffs? This isn't trying to scare anyone, but isn't it reasonable to assume that even in Big Tech we are going to see a round of layoffs after the coronavirus has died down? It seems like both good financial sense and a great excuse to trim the fat. Thoughts? TC 300-350k depending on stock performance (L6
- Recession proof companies Which tech companies do you think are recession proof**? Lol I know I'm in an automotive industry. Would use this post build my list of target companies. ** I understand there is no company that is unaffected by recession. But let's talk about companies that do not have to layoff people like crazy
- How do you feel about accepting a retention offer from a company after you put in your notice? I'm struggling here. Firstly, I threw out a ridiculous number and stipulation and they came back to the table and agreed to it. Now, I'm torn. Am I making myself a target for layoff first chance they get? Will they resent the power move and ride me harder once I've stayed? Or should I just move
- Base salary too high? While of course we are all chasing the biggest TC we can get, does it ever worry you that being in the highest bracket of pay amongst your peers would paint a larger target on your back in the event of layoffs? And if that’s the case, is it wiser to negotiate and seek higher signing bonus and RSUs m
- AI/ML/Deep learning dying? Are these fields now dying or are there still job openings for these roles? I am going through the ML trainings at Amazon with a thought that I'll transition to DL SWE, but now I see that most companies having layoffs have targeted this space. Should I consider the transition seriously or just becom
- link Anyone worried about RIFs and how your company does it.... This is a sobering take... these are the kinds of tactics your company may well use to do it: "Among ProPublica’s findings, IBM: Denied older workers information the law says they need in order to decide whether they’ve been victims of age bias, and required them to sign away the right to go to co
- Companies that pay $500k+ to a manager with 1 year management experience? 10 years of experience as SDE with FAANG companies under my belt. 1 year of experience as a manager. I am exploring opportunities for my next move. I am not affected by the layoffs and not desperate but it is time to move on. Stripe: I know an engineering director there. He told me to not even thi
- Going through PIP I am an L4 at Amazon and have been working for over a year and I am on my stem OPT Amazon is my first job out of college and I started during COVID and WFH. I have been recently PIPed and have been given the pivot plan which I am going through. 5 weeks into the project I see that this is not an achi
- Picking location for Microsoft hiring event? Msft folks, I see lots of expansion outside Redmond and bay area. My recruiter told me I am apply to one location and then there is cooldown. I currently live in Dallas and would prefer not to move and dallas is a location I can select however the dallas engineering office does not exist and won't o
- How to avoid getting laid off at MSFT? Accepted a MSFT offer this week, expect to start soon, maybe Feb. Offer is for Data/Applied Scientist II, I think it's L62. I read that MSFT is the country club, yet they have layoffs on a 'rolling basis' because they reorg everyday. How does one avoid getting laid off at MSFT? Perform well? Is g
- vote Amazon or Atlassian Hello, I have an offer from Atlassian (Mountain View )and Amazon (Seattle) for the SDM role. Amazon - TC (~350K first year targetted compensation ) Atlassian - TC (~320K) if I see only as money I can go for Amazon but I'm thinking of more balanced life (money is required but not to compromise on
- What Happens to High Salaries During Downtimes? What happens to large base salaries during an industry slowdown, broader recession, or even industry crash? Do people with high base salaries generally keep their salaries, get cuts, or get targeted for layoffs? The motivation is my own personal finance planning and scenario building as an early car
- Goldman sachs vs JP Morgan Chase Which is a better, more stable, bank for a Software Developer with 2 years of experience between GS and JP Morgan? I have been told that GS has bad WLB. Have no clue of JP Morgan Chase. A step by step comparison would be much appreciated! Pointers I am looking to compare, - salary range that the
- vote Offer Compare: Apple vs Uber Asking for my girl friend. Both Seattle offer Apple: ICT 3 Base 160k RSU 325k Sign on 50k Refresh: depends, unknown so far TC ~253k Uber: SDE2 Base 173k RSU 330k Sign on 25k Target bonus: 23k Refresh: depends TC ~285k (Actual number could be higher than this ~300k considering Uber’s vest schedule.
- Always worried something bad will happen Hello, My TC is not good even for LCOL so I started looking to get out. I end up getting into non tech companies but tc is still higher than current however I have major confidence issues and end up declining. I feel like if I join, I might be laid off or pipped or my entire division may dissolve
- Lyft PM interview I am a Sr Product Manager(L6) at Amazon with yoe 6+ and TC ~250k. I am currently interviewing with Lyft after a recruiter reached out on LinkedIn. They said i’m being considered for Sr roles but I am not sure what to expect. Any pointers/tips for the interviews? What levels are there at Lyft? what
- link New H1B rules. Trump’s WITCH-hunt? Trump administration has “implemented” changes to H1B raising the minimum wage requirements. Excerpt "Under the new rule, the required wage level for entry-level workers would rise to the 45th percentile of their profession’s distribution, from the current requirement of the 17th percentile. The r
- Transition out of copier industry and into Amazon, MSFT, Concur etc. I've been a successful outside sales rep and now sales manager in copier sales for the last 7 years, but I'm looking at the future of the industry and seeing it become more and more commoditized and squeezed. Massive layoffs and cutbacks in our industry, I think I'm doing alright for now, but wonder
- Amazon Dev plan Today I achieved something which I always believed was a myth. My manager told me that he will be coaching me with targets set for every week. I was so dumb to think he is trying to help me overcome my gaps. But then while closing the discussion, he said I cannot change teams without a directors app
- vote New grad offers Uber: 118k base Signing: 10k Stocks:27.5k X 4 years RSU Microsoft 110k Base Signing: 40K Stocks: 120K Amazon: 112k base Signing: 36k first year 22k second Stocks: 80k rsu with the cliff you already know Target bonus etc not included Background: a return offer to Uber, but after recent layoffs a
- vote HPE vs VMware Offer Evaluation Dear Blinders, I am expecting offer from HPE and VMware this coming week and looking forward to your suggestion in deciding the best career move. Offer Details: 1. HPE Designation: Engineering Program Manager(Expert) Base: 34L Target Bonus: 2L RSU: NA Signing Bonus: NA 2. V
- vote FAANG - best WLB with least PIPs? Hi folks, I think the question's title explains it all. I am looking to settle on one company out of FAANG (other companies acceptable if the pay is very similar). Background: I am 6 years YoE working at Amazon since last 1 year and I hate my life here working all the time. Also, have heard enough