For the 15% layoff of Lyft and stripe, do they layoff software engineers?
Yes
Yes. The costliest employees are in engineering. Without cutting them off, it would not mean much. Even though they are also more valuable since they are more difficult to hire
Not difficult anymore they’re all begging to get back to amazon now and the drawbridge is up
I thought costliest were execs...
Yes
SWE is not special
You lie.
SWE is definitely special. Wait till tides turn. We make them pay 400k for every senior position
I love how folks on Blind somehow think SWEs are special and immune to layoffs
Did they get any severance?
None as my source said
Stripe posted the internal email online. Yes to severance.
Easier to cut the overpaid engineers
1 swe = save on 2 business headcounts if not 3
Not for Lyft, PMs are paid the same as SDEs
You are right. Let them go together with us
Stripes internal email today https://stripe.com/en-in/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees
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