Folks are fuming because we're now officially a PIP company. Given the low stock performance, instead of laying off and giving severance, they're going to put people into PIP and fire. It was officially announced today. The reasoning? Because "good enough is just not good enough".. Stay away from the company that democratizes PIP for all. You are warned. Blind tax: TC: 280k because of peanuts RSU #robinhood #pip #nextamazon #tech #softwareengineer #swe
Tech Industry
12h
157
How privacy conscious are you?
India
8h
456
'Hindutva': The Radical Hindu Ideology That Seeks to 'Push Christianity Out of India’
Tech Industry
Yesterday
3704
What happens when most of your team is Indian?
World Conflicts
6h
271
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
Tech Industry
3d
69250
Crossed a line with my boss
Sry. Robinhood always sucked. I just feel bad for people like you who were lulled in.
Agreed. The GameStop fiasco should have made people run from RobinCrud from the start!
only if Robinhood stood up and didn't block the buy button, then it would have remained as the greatest broker of all time. The whole executive line at Robinhood's decision making is abysmal.
Any other RH folks can corroborate this? Huge if true
It’s true. They just announced (without justification) that they are going to be giving out many more low ratings this half, and framed the company’s shortcomings as stemming from ICs. We have people here who have literally sacrificed hours upon hours to help our customers (who we truly cared about), and now they are shitting on us. Our c-suite is fucking abhorrent.
I’ve basically given them my full time through covid. All I do is work
RH is new Amazon?
That would imply RH is actually successful
More and more companies have the pip culture like Coinbase, stripe… thanks to Amazon We really need a law against this
I have interview coming up with Robinhood. Should I quit the process
Yes
I should schedule with meta and other faang
Lol I was interviewing with them a month ago. Good thing I chose another company instead
You had offer?
Nah I stopped after I got another offer first. I was using RH as leverage with some of their comp ranges.
I am not gonna violate any company or Blind rules. You can wait for other RH folks to come in and comment
you know most companies use pips and have done them for decades. it's a standard hr thing that companies use to cover their butt to fire low-performers and other people they don't like
OP makes it sound like they’re intentionally PIPing across the board to trim the fat
but this sounds like rh is trying to blame the low stock price on employees
Turning off job alerts for Robinhood
Can someone tell me how to shut off Amazon recruiters completely?
@Meta Join Amazon. 100% shut off guaranteed.
How low can it go? I am guessing 2$ which translate to a 2Billion market cap
2B is overvalued for the value Robinhood actually provides.
That’s funny coming from Meta
Thanks for the notice, hope you can get out soon
Thank you, I started leetcoding in Dec so hoping for something soon
@Robinhood, do you think leetcoding helps with getting an interview? How do you let recruiters know what your coding level is?