Airbnb to lay off nearly 1,900 people, 25% of company
Tech Industry
5h
1799
Crossed a line with my boss
India
Yesterday
418
Downfall of Hinduism ?
Tech Industry
5h
1088
I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
Personal Finance
21h
2554
Calculated my NW and now i can't sleep
Cars
Yesterday
1269
Do you use a luxury car as a daily?
Where's the news?
Saw this coming last week
Did engineering department get layoff ?
https://techcrunch.com/2020/05/04/data-shows-which-tech-roles-might-be-most-vulnerable-amid-layoffs/ Statistically engineering is almost always affected
Yes. Someone from engineering posted on LinkedIn
Is it confirmed?
Yes
Any @airbnb employee can confirm?
Wallstreet journal confirmed it, should be enough.
Confirmed
Partner works at Airbnb. Can confirm. Was in the other room during the announcement. Brutal but at least they're giving as much support as I've ever seen. 14 weeks min pay + 1 additional week per year of tenure, healthcare at least through 2020, accelerated stock vesting.
This is correct
What happens to those people who have stocks vested?
https://www.cnbc.com/2020/05/05/airbnb-to-lay-off-nearly-1900-people-25percent-of-company.html
Another thread is here which started earlier than this post: Check out this post! "BREAKING: Airbnb to lay off nearly 1,900 people, 25% of company (Layoffs)" https://us.teamblind.com/s/QOkdkV45
What happened to the 1 billion loan Airbnb took recently? Nothing trickled yeah.
You must be new to layoffs.
Wouldn’t be surprised if the layoffs were in the terms of the loans
Jesus christ. That guy with the post earlier was correct. Hope everybody's ok there
Hope? Like everybody still employed must be ok. What about the rest?
@Illumina they were doing decent money. If they aren’t stupid they are ok anyway.