Another unicorn (ThoughtSpot) lays off. Insiders say about 10% laid off. #layoff #covid19 #thoughtspot
Thoughtspot is evil, what else would you expect?
How are they evil?
They control your thought .. watch out ..👿
I saw update from co founder on linked that he started other company called netspring
Another company with all snobby IITians.
That was a while back
You won't find many laid off employees talk about it on LinkedIn. Possible gag order.
People are talking about it, just like everyone else who has been laid off. I have connections and people are being honest. Maybe you just don’t know enough people.
Looks like you or someone close to you works there. Good job saving their rear
Also, other employees are spamming LinkedIn with random posts so that layoffs posts don't come up in feed much
Let me know if u want referral at atlassian
Looks like one of the negative Glassdoor reviews having to do with the layoffs got scrubbed already
Ugh forgot to snapshot the 2nd negative review that was just taken down
What was it
How the hell can Glassdoor remove reviews? Wasn't Glassdoors policy of censorship by employers to handle such situations? I think thoughtspot emailed the gag order to the employee with possible cancellation of severance. So the employee might have taken it down
Here's the review btw from Glassdoor that was deleted: "Unethical leadership and total liars" Current Employee - Account Executive Negative Outlook I have been working at ThoughtSpot full-time for more than a year Pros They offer the Calm app for free. Cons Leadership promised a changed culture from abrupt terminations and layoffs. They had a terrible reputation and the culture they created was full of anxiety. They stood up at the company meeting in 2019 and said they were not going to continue this type of behavior, they reiterated this during several all hands meetings. Then in early 2020 they laid off a bunch of sales reps, some of which even hit their quotas. Fast forward to COVID times they promised no layoffs for 2 quarters and said they had lots of contingency plans to reduce costs elsewhere and said we are family and they are not going to lay-off anyone. 4 weeks later they laid off over 10% of the company, with no warning, nothing. Of course times are tough for every company but what kind of leadership promises no layoffs and then changes their mind in just a few weeks? It’s the same kind of leadership that has been dishonest since the start. The same leadership that hires their unqualified family members to the company, the same leadership that awards “partner of the year” to a company owned by their brother... the CRO’s brother owns a partner company who gets awarded an insane amount of business and he probably even gets kickbacks.
How sad, it’s one thing to need to lay-off but another to not keep your word. I almost admire the verbal gymnastics leaders have to go through to basically say “we don’t know, things can change” when people ask them if there will be layoffs because it’s way better than straight-up lying
On the other hand LinkedIn (MSFT) said we will try to not do COVID-19 related layoffs in FY2020, but we can't pledge. At least they are not straight out lying on their workforces face
The impact is small (whilst unfortunate) and almost all organizations will be impacted by covid in some way. As much as leaders didn't want to furlough anyone they provided a lot of transparency into the process, financials, future outlook and importantly, with empathy, concern and respect for people impacted. Many of the founders placed personal phonecalls and helping to find new roles. I personally found this extremely heartwarming and it's a million times better than other company RIFs handling which I have been exposed to. Cost containment is real for every business and TS is no exception.
Bullshit from Thoughtspot “leaders” as always!
1. Not a leader 2. It's ironic you seem to think you know more about internal goings on than employees themselves. This is my personal opinion and I know shared by many of my colleagues.
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