Hi all. I’m currently working for MathWorks, received an offer from DocuSign CLM. Trying to decide if I should take it. I’m on H1b (got selected this year, still have 5 years 11 months left). I don’t have an approved 140. I’m from a backlogged country. MathWorks pro - Private company. Layoff proof MathWorks con - TC 130 - Everything is based on seniority so there won’t be any promotion for me in the next 3 years and the pay rise every year is petty - Location is Boston. I don’t like Boston DocuSign pro - TC 270 - Location is west coat. I definitely like west coast more DocuSign con - Layoff risk. Two rounds of layoff already. One in September 2022 affecting all positions. One in February 2023, no engineers affected. Stock is not doing well. (I don’t care how much RSU I get. I care more about job security. Poor stock can increase layoff risk) I don’t care about work life balance or tech stack so I didn’t list any of that above. The perm process for both companies are the same. Both will start in June next year and it takes about 2 years to get an approved 140 #tech #layoff #docusign
OP, what are 13w and 27w in TC ?
You see w is a variable like “x” His tc is math works is 13 times w and new offer tc is 27 times w
Oh ok
The TC diff of 2x is hard to ignore ….
Keep interviewing.
DocuSign huge risk of another layoff not worth it in H1B
Why is there a huge risk? Can you share more? Thank you so much
Stock down 30% YTD, layoffs give immediate stock bump. Market cooling down their business is the first to feel it , less deals less signing software needed. Their tech is outdated, nothing bad with that but they incure bigger expenses then expected for their size because of it.
CLM do it
Are you at CLM? Do you mind sharing more info about how CLM is doing? Thank you!
it’s the future of the company
Congratulations 🎉 Can you share how many rounds you had and what were those at DocuSign?
DocuSign $270 include stocks.. first stock is dropping.. may drop another 20-40% in an year. second - you may lose job before you get those.. so I would say assume for the worst and then compare..
I work at DocuSign and you should run away, fast. The business is struggling (look at the stock… weve hit IPO price) and the internal culture is toxic af. There are good pockets / managers, but I would caution to be very very very wary of DocuSign if you get any wierd signals.
Honestly it sucks here but with that comp difference you gotta do DocuSign if those are your only options CLM in particular is the worst place in the company, which is already overall not great
+1. Very toxic environment. Don’t join unless you are out of work
Math works may not officially be FAANG but they hire top talent. So at the very least it's a resume builder. DocuSign pays better but it's a risk (low probability high impact) So what you are really asking is if you should leave a stable position for a risky one, where being unemployed could cause you to lose the ability to stay in the US The answer is that this depends on your personal risk tolerance and life situation.
I agree with this