Looks like they are implementing pip’s to force people to leave. The last great wlb company falls. Here is the memo from the ceo. As I said in my note to Block, the growth of our company has far outpaced the growth of our business and revenue. It's not sustainable. And Square's number of people has far outpaced our growth and performance. In fact, I believe it's slowing us down and frustrating everyone. Which is not fair to you all, or our customers. So, Square is going to be smaller than we are today by the end of next year. We are going to do so through performance management, scoping our work, and restructuring to remove duplication and redundancy. Therefore we will not take a single action, but rather look critically at everything we're doing and act thoughtfully. I also believe it's important to be upfront and transparent about all this, so you all can make your own decisions if you need to. You may not be up for the uncertainty or shrinking our team, and want to leave. That's perfectly reasonable. But I'd rather us provide the information than to work secretly in the dark. Everything square-core and I do will be done with transparency and straightforward reasoning you'll have access to. You may not agree with our decisions, but we'll do our best to explain why we believe they are right.
“Performance management” 😂
AKA PIPs
To be fair at least they are being transparent unlike many other companies that do all this and stay silent while employees wonder wtf is happening
Exactly
As someone working in Amazon where everything is hidden and shady, at least the transparency is refreshing to see
WhT are you talking about? Did you read your offer letter?
Joining after a layoffs is way better than joining before a layoff
But op will be joining during layoffs which is the worst
They have already selected the list of people they want to layoff by now
This is smart. Scare people into leaving on their own
This >>> and want to leave. That's perfectly reasonable.
If you are going to use PIPs to manage people out, this is the way to do it - transparently. The alternative where companies secretly implement processes to reduce headcount, setting people up to fail, gaslight ICs into failure is much worse. But even better is just use layoffs and let people leave with dignity.
See: Atlassian
Damn well I got an onsite scheduled but not too optimistic I'll get an offer now or won't just get laid off even if I do lol
Oracle knows nothing
Do you want to share context then?
Is Square sending PIP EMAILS to Oracle folks?
OP’s spouse works for Oracle