Got an offer for Lyft T6. I am currently at Google. Current TC - 400k, T5. Lyft TC - 600k, T6. Number of stocks is decided during vesting so no risk from stock price point of view. How is the culture currently at Lyft currently? I am on visa and definitely layoff would be detrimental. Thinking of asking them to vest first year stocks entirely if I am laid off before 1 year in coming layoff waves. #lyft #layoffs #offer #tech #severance #layoff #engineering #software #swe I am satisfied with my work and WLB. Edit: The new project I am hiring for is an experimental project and didn't seem like its worth the risk. I said no to Lyft.
Stay put man seriously wtf in this environment
Don't do it. Lyft stocks will tank very soon
LMAO, have you seen Lyft's stock? It has been taking since the IPO. Besides new offers are fixed they will adjust your RSUs based on stock price. So you always get your negotiated price regardless of how stock performs.
Except stocks can continue to drop
That’s a large TC bump. If you were to get laid off you could probably go back to G fairly easily.
Headcount is very limited. This is not true
And while stock vests quarterly, Lyft stock is volatile. If you get laid off after a few months, it will be a big loss for you. Really don't think moving to Lyft or leaving Google is a good idea now.
Stay at Google. Not right time to move.
I heard new hires at Lyft don't have any initial cliff on RSUs so you start vesting immediately.
They have a year cliff
@vRju, time to start checking in on those zoom meetings and actually work while you're at home, because it's become well known that first year cliff was removed for new hires after layoff happened
🤔
How many offers has Lyft given out since lay-offs, good lord
What does it mean???
it means its foolish to fire so many and then hire so many, its a waste of company resources.
Tbh, Lyft didn't lay off relatively new folks in last layoff and leadership still wants to invest in new hires and interns. Also they removed cliff for anyone laid off. I say, take the decision that suits you best. I love the culture here but cant say morale has been as high as i would like it to be
There was a spread sheet shared of Lyft tech layoffs. There were lots and lots of new people under 1.5 years. I was shocked to see many new grads less than 1 year got laid off. There were definitely people who were laid off within a year.
What was the layoff about then. Lyft layoff and then hire immediately. Just curious it might happen the same with Uber
You are just asking to be laid off tbh. Lyft has at least another round of layoffs coming
May be he can get a severance and return to Google?
Sounds like a perfect gig
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Are you insane or Google treating you very bad?
This
For heaven’s sake, don’t do it!!