LayoffsJan 9
SoFihVYN36

Sofi Layoffs

3 months severance + bonus Mainly engineering - ~7% #Layoffs #Sofi #severance

SoFi StillFloat Jan 9

Lol, from Twitter to this shit. Back to leetcode...

New
4chan god Jan 9

šŸ˜”šŸ˜”

SoFi Pero7dil Jan 9

How long have you been here?

MassMutual CarFan Jan 9

How you are not affected Op? How big is overall layoff is in terms of count?

Meta NHIN37 Jan 9

Today?

Qualtrics qWOe11 Jan 9

Yep, just happened today.

Meta NHIN37 Jan 9

Jan is brutal. Twitch, Unity both get rid of few thousand this week.

Oportun mmp2596 Jan 9

Oh wow

Roku beer2grnd Jan 9

Severance is good

SoFi Pero7dil Jan 9

If it is 3+x*yr, i would say it is good. I have seen one with 7yrs of tenure got laid off. It is not fair to get the equal package as someone joined with in a year.

Salesforce s-f- Jan 10

Generally there is a max cut off. Meaning the maximum time some one can get is like 6 months. So are you saying itā€™s not the same for everyone ?

New
Col Custrd Jan 9

SoFi rates r not competitive.

Salesforce s-f- Jan 9

3 months max or 3 months for everyone ?

SoFi njKi08 Jan 9

Everyone

Salesforce s-f- Jan 9

What was the reason given? Is SoFi doing bad? Most people I know have SoFi account.

NVIDIA qwerty+ Jan 9

Looks like SWEs have tough time competing with cheap labor locationsā€¦ all the best !!!

Renesas Electronics QVpv61 Jan 9

Feel bad for employees but should propel the $sofi stock šŸ™šŸ½

Lyft shootleave Jan 9

How many people?