Tech Industry
Yesterday
2913
Do people underestimate E6 role at meta?
Tech Industry
2d
18324
What happens when most of your team is Indian?
World Conflicts
12h
491
Peaceful Protest Hasn’t Worked and Has Been Met With Aggression.
Tech Industry
Yesterday
1661
Companies that pay as much as meta
Work Visa
4h
668
Hypocrisy of Indians
Rumors are rampant about Wayfair layoffs incoming- well I had an offer rescinded so at the very least hiring is frozen but of course we know that means layoffs too. I had not given notice and was planning on giving zero weeks notice the day I started at Wayfair. Thank you Blind for making me paranoid! YOE: 8 TC: ~$250k Offered TC: ~$330k :'( #wayfair #layoffs #rescind
Location?
So you still have your current job, right? This has officially convinced me to start giving 0 days notice
In this economy, this is the way out only.
Shit, start the new jobs for a few weeks before you put in notice.
Didn't they already layoff people in 2022?
They did. I’m pretty sure there was one in 2020 also.
yes and yes. c-suite is filled with nincompoops
was 330k offered in real world money or monopoly money? wayfair has a reputation of valuing their stocks 3-5x market price
Very true but it was still a nice bump to my base
how is that possible? their stocks price is public so how they value it at 3-5x market price???!!!???
Wait, which team is this? I just finished my Onsite loop last week and heard positive feedback from the recruiter on Friday! Damn, was really looking forward to joining that group :(
Please keep us updated- maybe you'll be an exception, or maybe I'm the exception 🤷♂️
Don’t expect too much. OP you dodged a bullet. Hiring freeze and layoff coming soon
Wayfair, this is what happened when an E-commerce company tries to compete with big tech.
No. Wayfair was struggling before Covid - - Not many do furniture shopping online. - Lots of shipping damages and corresponding cost Covid gave a lifeline but poor business model/ market they operate in got exposed again.
When were you supposed to start?
Hopefully you got a check out of them. Start talking about promissory estoppel and make them pay.
on the bright side, you were smart enough not to give any notice at your current job.
Dodged a bullet there my man..