Pinterest is planning to layoff 5-6% of employees. There will be a PIP(3months). But they will also fill up all the positions after the firing. Pinterest thinks market is hot with good engineers right now. So anyone having offer from Pinterest are safe. Source: I know someone who works at L7 at Pinterest. Who has been asked to rank people. PS: this will come as surprise to many as they were never been told or warned by their managers in the past for performance issue. I hope this will help someone. Take care everyone. #pinterest #layoff
5-6% seems way too small
Random fud
We should make a distinction here. PIPs aren’t layoffs. There are these PIPs, and there could be layoffs after. The apparent rumor is that leadership wants ~5-6% managed out just from this round of pips. I think the big question is: is this a one time thing? Quarterly? Yearly? Yearly would be on par with fb/ amazon. Quarterly would really suck.
Where did you get the number? I have even heard about it
The internal rumor is 10%
It’s 10% current rumor
Hunger games in all of tech has come. It is here to stay.
Sad times.
That's true. How is Elon treating you?