Personal Finance
Yesterday
2752
Oops accidentally retired
Layoffs
Yesterday
751
Wasn’t Laid off but Can’t focus on anything
World Conflicts
Yesterday
1038
UN: 50% less women and children killed in Gaza than previously reported
Tech Industry
Yesterday
8401
EXCITING: GPT 4 Release!
India
Yesterday
1048
Parents not agreeing to love marriage
https://siliconangle.com/2022/10/24/snyk-cut-14-workforce-latest-round-tech-industry-layoffs/
We over hired in 2022. We are still at a higher employee count than the beginning of 2022. Original plan was to pull in 2023 hiring into 2022 which was canceled back in May/June.
competition is getting 10x harder with all the new Cloud Security and Supply Chain Security vendors coming in
Snyk, how is the current offers in your company?
I never understand why companies act like “Hypergrowth” is a positive or even responsible thing. It seems to just mean “hiring a lot of people all at once with no real plan and then realizing what we’ve done and having layoffs”
atleast they admit it unlike Checkmarx
Or Veracode. Looks like application security winter is coming with all top companies in the space doing massive layoffs. The irony is that this is happening at the time when there is an all time high investment in cybersecurity.
I am convinced none of these finance folks in companies know shit