Square Layoffs

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HGRy45

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HGRy45
Dec 7, 2019 20 Comments

Square is laying off a group working on the Square App (Fraud). They are outsourcing to St. Louis bc they no longer want to pay decent wages to their bay area workers. Anyone hear about this?

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TOP 20 Comments
  • New
    DWpP08

    New

    DWpP08
    Bay area bubble begins to burst......
    Dec 7, 2019 3
    • New
      DWpP08

      New

      DWpP08
      Not saying tech bubble. I'm saying bay area bubble. Wages and cost of living have outstripped the benefits of being in the region. We will see many more of these relocations in the next 2 years.
      Dec 7, 2019
    • Deloitte / Product
      V.Y

      Go to company page Deloitte Product

      BIO
      Hi There! How can I help?
      V.Y
      Easy Spotify. OP was talking about Square.. Not Stripe
      Dec 7, 2019
  • Intel
    rbgr

    Go to company page Intel

    rbgr
    Why not outsource to Bangalore? You can better engineers for half the cost
    Dec 7, 2019 3
  • Square
    ruJbG8

    Go to company page Square

    ruJbG8
    Typically reorgs donโ€™t make the news, so probably not. Relocation packages were offered to any (very few) affected employees to transfer anywhere, not just STL. Nothing is being โ€œoutsourcedโ€, which implies a third party... these roles are staying within the company.
    Dec 7, 2019 6
    • Square / Eng
      0x63721

      Go to company page Square Eng

      0x63721
      Square has its niche, but I think Stripes highs are higher than Square as brick and mortar shops continually close.

      Square sucks at API/SDK and continues to suck in it. Stripe is set up for a very bright future.
      Dec 7, 2019
    • Amazon
      JmIp08

      Go to company page Amazon

      JmIp08
      Does square have policy like pip ...etc, how is performance review done at square?
      Apr 21, 2021
  • New
    Juuv

    New

    Juuv
    ๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ
    Dec 7, 2019 0
  • A company is doing what is best for the company, nothing new here
    Dec 7, 2019 0