Including signed ones. Sorry class of 2020! Precursor to layoffs, of course. https://techcrunch.com/2020/04/17/airbnb-lays-off-contractors-and-cancels-summer-internships/
Not fake. Mad people on LinkedIn already posting about it.
Exactly
new grads too? After taking two $1B loans I thought they could weather corona storm
Layoffs incoming. Obviously have to cut interns/new grads who haven’t started yet before you lay off existing employees
How about new offers? Are they rescinding? (Non interns, not new grads)
I believe the offers were deferred until 2021 https://www-protocol-com.cdn.ampproject.org/c/s/www.protocol.com/amp/airbnb-contingent-worker-layoffs-coronavirus-2645740857 Edit: see techcrunch article in post as well
That’s just as bad as revoking if you’re a new grad lol
That is just marketing as better than it really is. If it is a good candidate, you think they are going to wait around for a year on possible hopes?
I heard Airbnb is already laying people off, just not announcing. About 20%(probably includes contractors). Source is people working in the company.
Same. Heard they are aggressively PIP'ing people out. They will probably exhaust this source of firings before doing an official layoff.
Can confirm.
Not laying off FTE yet
Coming soon...
“Yet”
That’s upsetting
Very unfortunate...
Ouch
I know they'll be fine but I'm imagining how devastated college-me would be to go through this. Hope those kids are doing alright
They (we) will. Leet code makes us tough and uni taught us how to deal with frustration lol
I graduated in the last recession. I’m sorry to tell you this, but you haven’t seen tough yet
Announced internally. Will be on techcrunch in a couple hours. Will wait for your apology
“why would they do that” because their spend rate is massive and revenue has gone to near zero