Tech IndustryOct 8, 2023

Linkedin layoffs Oct 16

Lot of chatter on internal forum on this specific date for layoffs. Previous blind predictions came true so this one might too. I heard anywhere between 10% 30% in engineering chopped with stingy severance. Don't make the mistake of joining linkedin after jobs open up post layoffs. Culture has gone to the dogs. More hectic than meta with roku pay. Perks have been cut and I see core perks like free food ending soon. Leadership throwing reports under the bus and rope handlers like directors putting unduly pressure on their teams. TC 350k Staff 17yoe

Microsoft spoiledev Oct 8, 2023

That percentage sounds way way too high. Have you implemented more strict pip quotas?

LinkedIn [in]mates Oct 8, 2023

10% during mid year and annual review each last year. Strictly enforced. Not everyone end up getting fired though. Some come out successful.

LinkedIn h72hsi Oct 11, 2023

We should fire those. No point keeping those while firing people who never got on PIP to begin with.

Roblox Broblox Oct 8, 2023

Damn. Add that to the list of companies that used to have good culture that are now turning toxic. Atlassian Roblox LinkedIn Anything else?

Okta VsOk10 Oct 8, 2023

Okta has PIP now this year. Use to be able to coast like crazy and still get 5% base increases and good refreshers. Refreshers are now 3 year vests but are tiny compared to past when it was standard 4 yrs

Bloomberg atlvatonx Oct 8, 2023

Add Bloomberg too

Microsoft 65y22 Oct 8, 2023

I dont think they'll stop free food. That's a cheap way to get people to rto.

Goldman Sachs MClQ42 Oct 15, 2023

No, lay off is cheaper.

SolarWinds gEMl26 Oct 17, 2023

The whole purpose of RTO is to get people to quit without severance. They don't actually give a shit where you work from.

Meta vivek4pres Oct 8, 2023

Is it org specific? Is company wide? Isn't their ad business doing well?

LinkedIn trapeasy Oct 8, 2023

Rumor has it that it’s company wide but Eng to get smacked hard. Full transparency though that the counter argument has been they just plan on announcing mass re-orgs, not layoffs. So remains to be seen what is true. But LI Blind is typically accurate about these kind of things

Microsoft spoiledev Oct 8, 2023

The percentage sounds way too high. Strategy shift? Ai cost? Pressure from Satya?

LinkedIn rye-in Oct 8, 2023

Ouch at your TC, $320k here at Sr level. Can confirm all points OP made. Stay away, toxic af.

This comment was deleted by the original commenter.
LinkedIn [in]mates Oct 8, 2023

Check the internal blind chann bruh

LinkedIn dire eclat Oct 9, 2023

Internal blind is all from one very obvious troll spamming every thread with “layoffs Oct 16, trust me, mark my words” and nothing else.

Google hi7r82 Oct 8, 2023

Microsoft culture all the way getting into LinkedIn now. I still don’t get it, why do you need 20k employees for a pos social networking crap?

LinkedIn Qoo168 Oct 8, 2023

Common. Google can’t even build a decent product and still hires thousands of engineers to build craps. LOL your poor claim could also apply to meta or any other tech companies. Let’s why the bar in google is getting lower and lower. Common. Google is just a website🤣

Meta wbnnao Oct 8, 2023

Id imagine linkedin uses azure. So the infra is all taken care of by Microsoft. 20k employees beyond that indicates extraordinary bloat and empire building..

LinkedIn fckdat Oct 9, 2023

Can confirm what OP said.

LinkedIn rye-in Oct 9, 2023

Can confirm that this person confirmed.

LinkedIn lc_warrior Oct 14, 2023

Can confirm what was confirmed by commenter who confirmed what op said

LinkedIn d0e Oct 9, 2023

Can confirm our culture has gown downhill and is toxic. We used to be one of the best in the Bay Area and now it’s just politics, PIPs, reorgs and no transparency. Stay away from LinkedIn to protect your mental health. I’m actively interviewing and can’t wait to leave. Our leadership keeps trying to spin every negative news as positive. We work on GAI projects that have nothing to do with what our users need

Meta vivek4pres Oct 9, 2023

What about WIT gang

LinkedIn rye-in Oct 11, 2023

I enjoy helping and supporting women who work in tech but WIT seems like such a mafia that over takes events and forces things out there in order to fit some alternative narrative.

LinkedIn severINce Oct 9, 2023

To add on to the can confirm. Yes. LinkedIn is toxic now. 1) 10% forced pip for last 2 perf cycles. 2) All management promos on hold 3) Rumors of management flattening 4) limited budget for even promos. 5) no refreshers even if exceeding 6) ex Amazon managers doing Amazon things.

Roku ukor Oct 15, 2023

3) is actually very healthy no?

LinkedIn chuha 🐀 Oct 15, 2023

Not if you are manager 😂