Indeed layoff 15%
Just announced in town hall. People waiting to see if they are impacted through an email.
Damn, LinkedIn is next
Sounds like LinkedIn salary bands are lowering to standard Microsoft levels too.
Still high for the top performers
Eng?
Following
Yes
I thought those (indeed glassdoor linkedin) are the hottest ones right now. Iāve been checking the websites everyday.
But paying people costs money
we don't monetize the jobseeker
Yes
Holy s* is LinkedIn still safe?
So far. More people are going through IG/PIP than before but there's no URA target yet.
Are LinkedIn pay bands going down? I hope not.
Isnāt that over 2000 employees if itās 15%? They are owned by a Japanese company iirc.
2200
Wow
Will indeed rescind offers for now?
They were not hiring since long i think, but they may not recind
Will join indeed on July as a new gradā¦. Fingers crossed š
Does anyone know which departments are affected? Or itās just a general layoff from each department? If so, does anyone have a breakdown? So far, I havenāt heard any from Eng department yet
Everyone. Seems like engineering was lower level who were let go, some UX designers, many UX researchers, some PMs, a lot of QA
Thanks @qHsb76! I heard some sales as well. But not very sure about Eng.
Rude awakening for the rest and vest folks there. Quite surprising given Indeedās great WLB and āvirtually impossible to get firedā reputation..
Cuts weren't performance based, so your commentary doesn't precisely apply
I know a chunk of brilliant and hardworking folks who were impacted too. Iām just saying that as this is a massive layoffs, those slackers will be in trouble having to compete with sharper talents out there for the roles available in the current job market.
Glassdoor too :(
Sorry to hear that :(
Hate to say it but this is start of broader market layoffs. As recruiting and hiring was still seen as strong in service and health care.