LayoffsFeb 8, 2023

New Grad Offer Rescinded

Currently a senior at school and had my offer rescinded from a top HFT firm this week as part of major layoffs across the firm for SWE. I've just been notified of this and am wondering if anyone has New Grad applications actively hiring (or possibly referrals) for their firms or other tech companies. If not, anyone has advice for someone in my position? TC: Formerly (300k+) --> $0 #tech #layoffs

Google WwzG66 Feb 8, 2023

I think naming the company would help your case.

ByteDance TTLover Feb 8, 2023

Probably Akuna Capital.

Adobe pine apple Feb 8, 2023

Is Akuna currently doing layoffs? I thought trading was supposed to be one of the safest industries during market downturn

Microsoft vGle87 Feb 8, 2023

What was the HFT firm?

GitHub o9qn8d Feb 8, 2023

Brutal, my advice is to keep your head up. Im not sure where the best data source for openings is but im sure someone will chime in on that. Rooting for you.

Meta krutel Feb 8, 2023

Damn bro. I’m sorry.

Plaid apojb26 Feb 8, 2023

Your old new grad tc would have been more than most experienced ICs where I’m at. That’s rough

Uber buoado Feb 8, 2023

Make one of those cringy linkedin posts saying your offer from there was rescinded. If it's actually a top hft firm then it'll be signal to other recruiters that you actually are good.

Google iqmdnqy Feb 8, 2023

Is it really a top hft if it's doing layoffs?

Adobe pine apple Feb 8, 2023

In your case making a LinkedIn post might be beneficial. Shows that you were able to secure a top HFT offer and that you are looking for opportunities. Of course don’t bash the company in the post

Raytheon bdidb37 Feb 12, 2023

DM for Raytheon

Anduril peeves Mar 3, 2023

Could I DM too? Also a NG that got their offer rescinded (not from Anduril)

Raytheon bigjellybe Mar 3, 2023

Sure!