LayoffsJun 15, 2022

wealthsimple layoffs

Wealthsimple, valued at $4B last year, joins the fintech layoffs list

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qsCi58 Jun 15, 2022

Sometimes when things don’t go out way we wonder why, but God always has a plan. My wife was rejected a month ago for no good reason after their final round of interviews, we were disappointed but ultimately thought it was for a reason - maybe this is the reason 🤷

Shopify pnEP30 Jun 15, 2022

Likely cause they went into hiring freeze last month

Amazon nyOk75 Jul 23, 2022

I was in the same boat buddy! They told me it was heir freeze tho

Fortinet cyberboom Jun 15, 2022

If you're at Wealthsimple and looking for a new job in Canada - my company is hiring a lot in Canada for a competitive TC, our stock is doing well

Financial Services Company ggxd :) Jun 15, 2022

Hey just got laid off, DMing you

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enBT65 Jun 15, 2022

Ditto. Can DM me as well. I’m with a fintech startup looking to hire a few senior engineers. Stack is all JS.

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diva12diva Jun 15, 2022

Are wealthfront and betterment next?

Shopify pnEP30 Jun 15, 2022

Banks are next

RBC nJuJ10 Jun 15, 2022

@Shopify Shopify is next

Nuance zFJI36 Jun 15, 2022

I almost joined them earlier this year. They offered me double my current salary but I was too worried about leaving a stable company for a startup. Chasing higher TC isn't always the right move (unless it's a FAANG, in which case it's TC + brand name). I hope their laid off employees find something else fast

Fortinet cyberboom Jun 15, 2022

Isn't Nuance under Microsoft now? Any TC bumps + MSFT stock? I was always curious about how Nuance TC is, I love their ML projects

Nuance zFJI36 Jun 15, 2022

No TC bumps. Nuance is known for paying peanuts unfortunately... don't know if that's gonna change in the future though. Personally, I think layoffs will happen here as well in my division, just dont know when

Shopify CUIt85 Jun 17, 2022

Yea, lots of companies go through shit these days. There is only a few who still look solid.