Looking at pace Bloomberg is trying to hire layoff Faang employees with high pay. Do you think they will end up doing layoffs in mid or end of 2023 saying we over hired too many engineers and Mike their CEO will say it’s my mistake like all other CEOs do it with sorry face. Is it really safe to join these finance companies as of today while looking at the pace they are desperately trying to pull laid off Faang employees. Any thoughts ? #bloomberg #fintech #finnace #layoff
Haven’t seen hiring rate increase, if anything it actually decreased from past
Definitely increased
Increased! I’ve been having twice as many interviews lately as 6 months ago
The safest place to avoid layoffs rn is finance companies . But get ready to take a HUGE pay cut if you work in faang . Like 50%
Way more people left during pandemic probably
i remember we used to have real time terminal sales in each floor. why don't you read it
Don’t forget the 9% inflation bump on the terminal 🙈🙈
Isn’t that loosely in line with inflation more generally, though?
Yes but more than the average BBG employee will get for sure so overall company is in a better position.
You aren’t forced to improve operating costs when you don’t have public investors to answer to. Mike can do whatever tf he wants
Uncle Mike doesn't make mistakes, that's why there has been no layoffs in over 40 years. Uncle Mike also doesn't apologize because he doesn't make mistakes.
Bbg does not cut engineers. Too many people gtfo to west coast companies no need to layoff. Even now being private they don't gaf and just do as please