Anyone have any idea if yelp is safe company to join. Are they going to have layoffs or do they have layoffs planned? #swe #software #engineering
Noone can predict it
I think that it is less likely to happen at Yelp than other places. We didn't hire as much as other places over the last year or two, though that's no guarantee. We had some small layoffs the first year of the pandemic but they also made everyone go to 80% time to spread the impact out. It did seem like the people who were let go were either newer or lower performing or "non-critical". Some people were furloughed and brought back later. Overall, I'd say the risk is still there, but might be lower than some other companies. If you have a job and are comfortable, secure, and reasonably happy there, it might be safer to stay, but I think the risk of moving to Yelp is reasonable for a tech company these days. Also, Q4 earnings are reported later today. Take a look at those to get sense of how our bottom line is doing.
Looks like q4 is good!
Indeed! Let's hope it stays that way!
Yelp seems relatively safe for now, but no one can guarantee that in the long run. There is a level of increased pressure internally at the moment with performance reviews and management though. It all depends on your current situation, if you are reasonably happy and working on valuable work, I would probably not take the risk, but that's just me. Do you mind sharing which team/org you are thinking of joining?
It will happen soon because of stock price. Layoffs are utter surprise
I agree that layoffs would be a surprise, but what about our stock will cause layoffs? We’re not seen as a growth stock and our stock literally hasn’t had significant changes since 2015.
Unprofitable for years activist investor or hostile takeover imminent
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With questions like this, you would fit right in with the internal channel.