I unfortunately work at a smallish company that has taken a beating the last year (like many others). We already had one round of layoffs, and I think we might have more. My contingency plan if I got laid off was just to cruise a bit and focus on wedding planning, teaching yoga, and other hobbies until 2024. However, my partner the bigger earner in our relationship works at LinkedIn who I thought until yesterday was invincible. Anyone know what’s going on there? (Too scared to bring this up to my partner).
We’re expecting more later this year. And the folks that say we’re not profitable have no clue wtf they’re talking about, we aren’t public and don’t publish those numbers anymore. Even digging through MSFT earnings doesn’t give the full picture. LinkedIn is a money printing machine.
Lol yeah LinkedIn is highly profitable. four years ago when we were graduating college, my partner and I made a plan where I would join a small company and try to win the lottery and he would be the stable earner. Now my company’s stock is underwater and LinkedIn is dangling layoffs 🥲
from a SWE perspective, it seems like teams are dying from work, I can't imagine them laying many SWEs off without just axing half their products.
If you’re too afraid to talk to your partner it’s probably time to evaluate what you’re doing in this relationship.
Hey OP your partner ^ is literally telling you to talk it out
Lmaoooo I think we’re both on blind separately, so this really might be him.
LinkedIn will be good for a while. Having deep pockets helped minimize the cuts this year to sales, customer support, and talent acquisition. Chances of any further layoffs 6+ months from now will depend on the state of the economy.
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They just laid off 700 people working on China job site. Not sure if it’s in China or US. The only profitable division of LinkedIn is their JobBoard.