OCI vs Lyft

Purely from a monetary perspective feels like a easy decision to choose Lyft. But just concerned about the stability at Lyft. Folks at Lyft , do you anticipate layoffs or do you guys feel layoffs are behind?

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Verizon Media aolaol31 Feb 15

Wonder how some ppl are still getting multiple offers in such markets 🫡

Salesforce sclleesb Feb 21

They have more than Verizon Media on their resume?

Verizon Media aolaol31 Feb 21

Not talking about getting calls , i have got calls from top companies in this market too, however I have not received an offer yet. Small mistakes are enough to kill the chances. In that sense i admire who are able to crack more than 1.

Microsoft CoPil0t Feb 15

What has gotten you interested in OCi ? 🦕 company

Microsoft kaunretu OP Feb 16

They did less layoffs compared to others last year. Hence thought they’re more stable.

Databricks lockhimup Feb 19

OCI cuts ruthlessly and it is not always performance based. Your team or org does not make money to justify its existence - entire team/org will be cut and no team switching.

Lyft bb2u Feb 15

If you have to ask this question, go to OCI

JPMorgan Chase needoffers Feb 18

Hey bb2u, can you please give me a referral? There’s a position that I am really interested in. I tried finding recruiters and managers on linkedin, but none of them responded. Thanks!

Tesla 0xb33f3d Feb 15

Lyft turning profitable cash wise Should be ok if you perform

Microsoft kaunretu OP Feb 16

Thanks for the input.

Lyft ferguson1 Feb 16

I’d probably stay away from Lyft. The stock is too volatile. Just look at the past couple of days

Microsoft kaunretu OP Feb 16

Right. But as long as they’re hovering over the current price I am ok taking the risk.

JPMorgan Chase needoffers Feb 18

Hey Lyft, can you please give me a referral? There’s a position that I am really interested in. I tried finding recruiters and managers on linkedin, but none of them responded. Thanks!

Hi congrats on your offers! Would you mind sharing your prep for coding and sys. design? Were most of your coding questions medium difficulty? Thank you in advance

Microsoft kaunretu OP Feb 16

I prepared for almost a year. I have done 800 questions in leetcode. I participate in leetcode weekly contest and can solve 3 out of 4 questions most of the time. In general I have been asked medium to hard questions in my interviews so far. Maybe 15% to 20% hard rest are medium.

Meta babymyshot Feb 16

Leadership said no layoff during all hands. And yes I would kind of trust they gave us hint before the last layoff.

Microsoft kaunretu OP Feb 16

Awesome. Thanks for the input. Did you leave Meta to join Lyft?

Lyft macroEco. Feb 16

Almost everyone I know who left Lyft is at meta. Also there won't be any more layoffs unless something drastically changes with the economy (in which case layoffs at most companies would be fair game)

Meta messydesk Feb 16

Is Lyft still hiring a lot now?

Lyft lyftto40 Feb 16

Yes. Massive attrition due to pay cuts

Meta messydesk Feb 16

Do you mean even existing employees had their pay cut? Or only that new employees got lower packages?

Lyft #LyftMeUp Feb 16

OCI has monthly layoffs according to my friends who got laid off there. At Lyft we don’t expect any layoff this year according to CEO and CPO, we’re not hiring a lot mostly just backfills, job security should be better compared to OCI.

Microsoft kaunretu OP Feb 16

Thanks for the input.

Oracle ooqe47 Feb 16

OCI does layoffs. They’re just silent. For the peanuts they offer today, not worth it.

Microsoft kaunretu OP Feb 16

Oh. I didn’t know about it. Thanks for sharing. From the outside it looks like they hardly layoff.

Oracle ooqe47 Feb 17

Nah, they just do them more frequently and with smaller batches so WARN is not triggered. Oracle is an old school company, fly low, no frills. Severance is a joke too so even when laid off you don’t get much.