I was talking with a recruiter from Nerdwallet recently. Just saw the news about another round of recent layoffs. How is the mood within the company? Should I stay away from Nerdwallet?
We share a building with them. They all seem to want to take the elevator one floor up or down rather than the stairs.
Ah, they’re the Uber of your building
Soz
The layoffs aren’t in tech but they were done because they missed revenue goals. Looks like changes made by Google hit them hard
Engineering not affected in the layoffs?
Engineering was massively impacted .... More than 15
I know some tpm and etc changed jobs.
I would stay away unless you are getting a massive title and comp boost
Thanks for the heads up!
I think you should form your own opinion based off of more exploration from other folks actually at the company. The layoffs weren't great but as an employee I appreciate the discipline we're taking towards running the company more efficiently and making tough calls when we see the opportunity to give us more headroom. Those aren't easy to make. We've grown in revenue, but our plans this year were ambitious. While the eng team was impacted, relative to the size of the team, the impact was small. If you're at LinkedIN, I know you understand how to have a better balanced view on things. ;-) I would take a coffee to hear directly from folks and ask the tough questions, we're here to help answer as much as we can so you can make a sound judgment should you want to move forward. Hope that helps!
Grown like 5 percent in revenue lol. Leave while you still can
Slobs need not apply
My advice to anyone in conversations or interviewing: 1) Make sure you ask your recruiting coordinator to walk through work space, not just the cafeteria and lobby on 5--you don't even need to say anything just observe and feel the energy/mood...see if it jives with what you expect in your work place. 2) Ask about company growth path forward and how your role fits into that. If this isn't 120% clear, I'd encourage you to tease this out as you ask hard questions to the team and recruiters. Good luck!
Nerd wallet was ruined because of bad leader in eng.
I’m curious though why nerdwallet did not achieve their revenue growth, was that the strategy didn’t work out or just sheer laziness came to people
Shift in Strategy/priority to product-focused. Leadership did not anticipate the shift, plus the Googles seo penalty, to hurt Rev by that much. Instead of taking the blame, they place the blame on everyone else and calling the people laid off as "underperformers" when the underperformers have been the ones at the top.
Yea I would stay away. Interviewed with them, the director of engineering wasn't very friendly.