LinkedIn lays off 6% of workforce

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BurntOut49

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Dell EMC, Cloudera, Informatica, Cisco
BurntOut49
Jul 21, 2020 28 Comments

Anyone here lose their job that worked at LinkedIn? At least they got a good package, but I guess they will find new jobs very quickly.

https://www.cnbc.com/2020/07/21/linkedin-cuts-960-jobs-as-pandemic-puts-the-brakes-on-corporate-hiring.html

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TOP 28 Comments
  • Amazon
    pugetwave

    Go to company page Amazon

    pugetwave
    Anyone with a high school degree can do recruiting, marketing, and sales. Makes sense that they are the first to go
    Jul 21, 2020 13
    • I agree sales is more important but salaries are set by supply demand. Engineers are simply in higher demand and harder to find in general. (Goes without saying, you have to pay more for rockstars irrespective of their roles.)
      Jul 21, 2020
    • So then how would you explain why sales is compensated so much more? Makes sense for entry level where sales has almost no floor and eng has a high floor but after that eng has a high ceiling while sales has virtually no ceiling.
      Jul 21, 2020
  • It's just sales and talent acquisition (which makes sense in this economic climate - we could hire them again easily). No layoffs in engineering.
    Jul 21, 2020 6
    • @BurntOut49 have you actually outsourced engineering? Makes me think you've never been in engineering. There are reasons we can't outsource everything
      Jul 21, 2020
    • New
      BurntOut49

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      Dell EMC, Cloudera, Informatica, Cisco
      BurntOut49
      OP
      Actually yes I have and had mixed results admittedly.

      I see more companies outsource engineering than any other group because it is so easy to do nowadays.
      Jul 21, 2020
  • Sales is typically the last to be let go in organizations because sales makes the money. Customers usually need to be convinced with so many other competitive products out there. The fact that they laid off in sales shows to me that they are hurting bad.
    Jul 21, 2020 5
    • I would say I’m shocked but I am not surprised at the response.

      Businesses do not go out of their way to purchase products anymore. Most have to be convinced as there are many competitive solutions.

      Look at Azure vs AWS competes. You think business leaders are going to just select it on merit alone? No, they need business problems and scenarios solved in a strategic sense.

      Sales is no longer transactional. It’s consultative and competitive in strategy.

      We need to stop comparing tech to sales and who is more essential.

      They both are. One sells business outcomes & solutions and pushes the product. The other makes the product.
      Jul 21, 2020
    • With LinkedIn, they don’t make any money alone. Sure premium brings in a little bit but it’s not it’s main revenue driver.

      What brings in the real money is their paid recruiting platform & employer offerings.

      Sadly, employers will go to cheaper options or not use it at all with the current economy. It’s how it was when I was at Indeed.com for example.
      Jul 21, 2020
  • LinkedIn
    RolansRyan

    Go to company page LinkedIn

    RolansRyan
    I am an engineer , and I don’t think it’s cool to indicate that sales and recruiters are somehow less important. The Bay Area market has a engineer supply shortage (quality engineers shortage I guess), so we are treated pretty well here. In rest of the world, engineers are pretty much second class citizens in a company.

    Any company needs really smart and dedicated sales people to succeed. You can build the best of the product, but without sales, there will be no money.

    And a shout out to recruiters too. They do a lot of hard and thankless work to grow a team. I would agree that there are many recruiters who have no idea what they are doing, but the same applies to a majority of engineers here who are just lucky to be in a favorable demand-supply circumstance.
    Jul 24, 2020 0