Carvana, Netflix, Robinhood, Better, etc. So far Many more to come If you introspect you will see many products at your firm are shit tier and will likely be booted if there is cash crunch. Stop making layoff jokes and try giving referrals or voicing against shitty investments during this time of uncertainty in macro conditions. Amazon is a prime example where there's hundreds of teams which need headcount and are underfunded, overworked where shit products get bloated funding. We all know Alexa org, Connections, etc. is overbloated and work on some products/features that aren't immediately monetizable/customer delighters. When cash crunch or hard financial times come, we know somewhat where cuts will be made. You need to hear stories of how families were impacted by layoffs to see what it's like on the other side. Stay calm and watch, help if you can. I have some tips on risk mitigation: - If you work on a shitty product, move or find a safer team. - If you work on a great product that isn't monetizable/profitable but has strong customer retention, evaluate your team size n growth needs to see whether you are in a bloated org or not. If in a bloated org, confirm that you are not among the bottom 20% of performers and your manager likes you. - If your management oversells a strategic investment that hasn't made money or acquired large scale of customers in 3+ years, expect it to have budget cuts. - If you don't trust your VPs instincts and have observed that he's never had long stints in previous roles. That's a flag, see previous note. - Ask your manager to share the team budget, hiring plan, roadmap, etc. Learn what the product strategy is and where you fit in. Stay aware, awake and alert. - If your team has historically done a bad job with documentation, I promise you may (big MAY) luckily survive during the layoffs but during evaluation for layoffs top management would notice and hurt you later. Ensure documentation is of good quality. - Doesn't hurt to keep an updated resume and have a few feelers thrown in job sites for jobs n teams that you have vetted as safe n potential for growth. - Upskill, dont leave room for improvement knowingly. #tech
I think the joke if there's any the intention is mostly about people who over-leveraging themselves, and gonna suffer consequences from the risk.
I definitely empathize with people losing their jobs, but I wanted to lay a controversial opinion: For some entitled folks it might be a humbling experience understanding that was never their real value but a collective delusion of cheap money. Everyone believe they are geniuses. Interesting to have some reality check.
Empathize deez nuts
I empathize with people losing their jobs and also empathize because people don't understand the value of income diversification. Why do you keep all your eggs in the same basket? These lay offs were imminent, it's only a matter of when. Wake up and diversify your income and don't just rely on job income. :)
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We are not making fun of SWE, because they don't decide product/culture etc. We are making fun of products and bad financial decisions by management. All in for SWE referrals
And we are all SWEs here, after all.
No, I make fun of PMs