Tech Industry
8h
7814
EXCITING: GPT 4 Release!
2024 Presidential Election
13h
1310
I don’t want H1Bs Indians taking all the jobs so I will vote for Trump.
Software Engineering Career
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2239
SWE Interviews are broken
World Conflicts
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238
Half as many women and children killed in Gaza as previously reported
Layoffs
14h
3435
Indeed Layoff Round 2: ~10% of workforce
#pluralsight #layoff #severance How many people got laid off in Dec / April / July? Is the writing on the wall that it’s going under? What are your plans? Any good leads that others can offer?
Damn, didn’t know that. Private equity ruins everything.
It’s why Soldan left
LostSight
Dec was 400, don't remember April, Recent one was almost 150. They WAY over hired in 2022, so the first two were really equalling out. This one is still just a small dip as all the positions will be replaced in India.
I knew a senior manager and senior staff engineer that were let go that had both been there for 5+ years.
Nice.
Writing isn’t on the wall it’s going under. Just do some research on Vista Equity partners. They try to sell companies in 2-3 years. In order to do that they gotta pay down debt and also.. make it sellable. They need to really figure out the product to make it competitive and innovative before anyone will buy the company. Unless they smash Pluralsight together with one of their cybersecurity portfolio companies or something.
Can definitely vouch for this. I worked for a vista owned company. They gutted that place multiple times and basically made it hell to get everyone else to leave willingly. Luckily I got out before the first wave of layoffs, but I won’t touch a vista company ever again.
Everyone I know there was laid off.
Same here. We used to live in Utah County and all four acquaintances who worked at Pluralsight have been laid off this year. When Ancestry.com returned from being public to private equity it was also a scorched earth policy.