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Massive Silicon Valley layoffs are upcoming
| ruddy well-lubricated stead | 05/09/22 |
| shivering olive sanctuary | 07/26/22 |
| sapphire odious point wagecucks | 05/09/22 |
| Pearly Rehab | 05/09/22 |
| sepia bossy range sweet tailpipe | 11/03/22 |
| ruddy well-lubricated stead | 05/09/22 |
| Sienna Comical Address Hairy Legs | 05/09/22 |
| misunderstood institution police squad | 05/09/22 |
| ruddy well-lubricated stead | 05/09/22 |
| Sienna Comical Address Hairy Legs | 05/09/22 |
| bateful insanely creepy trailer park doctorate | 05/09/22 |
| bateful insanely creepy trailer park doctorate | 05/09/22 |
| sepia bossy range sweet tailpipe | 05/09/22 |
| ruddy well-lubricated stead | 05/09/22 |
| sapphire odious point wagecucks | 05/09/22 |
| ruddy well-lubricated stead | 05/09/22 |
| Translucent toilet seat | 05/10/22 |
| charismatic fuchsia garrison generalized bond | 05/27/22 |
| misunderstood institution police squad | 05/10/22 |
| Curious space | 05/10/22 |
| Insecure spectacular center liquid oxygen | 05/10/22 |
| cracking resort queen of the night | 05/10/22 |
| sapphire odious point wagecucks | 05/10/22 |
| ruddy well-lubricated stead | 05/10/22 |
| Plum Messiness Weed Whacker | 05/10/22 |
| transparent jet-lagged site | 06/30/22 |
| ruddy well-lubricated stead | 05/10/22 |
| snowy therapy | 05/10/22 |
| Vermilion philosopher-king | 05/10/22 |
| ruddy well-lubricated stead | 05/27/22 |
| ruddy well-lubricated stead | 06/30/22 |
| Sexy Field Headpube | 06/30/22 |
| ruddy well-lubricated stead | 07/26/22 |
| beady-eyed shrine cuck | 07/26/22 |
| beady-eyed shrine cuck | 07/26/22 |
| Cobalt harsh athletic conference forum | 07/26/22 |
| Self-absorbed step-uncle's house | 07/26/22 |
| Translucent toilet seat | 07/26/22 |
| Fear-inspiring gas station | 08/30/22 |
| Gold vigorous house pistol | 07/26/22 |
| ruddy well-lubricated stead | 08/30/22 |
| Sienna Comical Address Hairy Legs | 08/30/22 |
| ruddy well-lubricated stead | 11/03/22 |
| sepia bossy range sweet tailpipe | 11/03/22 |
| ruddy well-lubricated stead | 11/06/22 |
| ruddy well-lubricated stead | 01/23/23 |
| maroon dysfunction menage | 01/23/23 |
| ruddy well-lubricated stead | 11/06/22 |
| ruddy well-lubricated stead | 11/07/22 |
| ruddy well-lubricated stead | 11/14/22 |
| aqua pervert | 01/23/23 |
| ruddy well-lubricated stead | 01/20/23 |
| Dashing seedy parlor idea he suggested | 01/23/23 |
| crimson up-to-no-good state halford | 12/24/24 |
Poast new message in this thread
Date: May 9th, 2022 12:22 PM Author: ruddy well-lubricated stead and / or already in process
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Date: July 26th, 2022 2:09 PM Author: shivering olive sanctuary Good (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44917286) |
Date: May 9th, 2022 12:22 PM Author: sapphire odious point wagecucks ? (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44479737) |
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Date: May 9th, 2022 12:23 PM Author: Pearly Rehab if they dont send all the h1b pajeets packing back to India first... (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44479742) |
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Date: November 3rd, 2022 9:26 PM Author: sepia bossy range sweet tailpipe (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45433599) |
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Date: May 9th, 2022 3:42 PM Author: ruddy well-lubricated stead (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481107) |
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Date: May 9th, 2022 3:43 PM Author: Sienna Comical Address Hairy Legs source? (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481118) |
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Date: May 9th, 2022 3:43 PM Author: misunderstood institution police squad (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481121) |
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Date: May 9th, 2022 3:51 PM Author: ruddy well-lubricated stead personal network (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481206) |
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Date: May 9th, 2022 3:51 PM Author: Sienna Comical Address Hairy Legs fuck (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481210) |
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Date: May 9th, 2022 3:54 PM Author: bateful insanely creepy trailer park doctorate (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481227) |
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Date: May 9th, 2022 3:53 PM Author: bateful insanely creepy trailer park doctorate good news and bad news, twitterers. the good news is ur not gonna have to worry about whether you’ll hate working under elon (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481225) |
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Date: May 9th, 2022 3:55 PM Author: sepia bossy range sweet tailpipe Those faggots are perpetually employable unfortunately (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481240) |
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Date: May 9th, 2022 3:56 PM Author: ruddy well-lubricated stead https://techcrunch.com/2022/05/06/startup-tech-layoffs-in-may/?msclkid=e74f305fcfd111eca056203003f4fe8b
Over the past week, we’ve witnessed an alarming amount of layoffs across the startup ecosystem, from buzzy, big names like Cameo, On Deck and Robinhood, to B2B platforms like Workrise and Thrasio. The common thread between most of these layoffs, according to founders, is that there’s been a shift in the market and a serious pivot in business is required. A pivot, that is, that hurts the employees that built your product up after high demand.
A pullback has been in the cards for months. It first impacted public tech companies and then slowly trickled down to late-stage deals and even their well funded early-stage counterparts. In February, Hopin cut 12% of staff, citing a goal of more sustainable growth, while April included Workrise cutting staff and verticals despite a $2.9 billion valuation.
Now feels like an inflection point, in which tech unicorns are realizing that they may have overpromised a growth trajectory, over-hired or overestimated their ability to raise that next round. They aren’t alluding to the market changing, they’re blaming it. The irony here is tough: The same workforces that helped companies meet a boom in pandemic demand are the same workforces on the chopping block when trends change.
Below, we’ve listed which companies announced layoffs this week to underscore the unfortunate, albeit growing, trend. |
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Date: May 9th, 2022 4:03 PM Author: sapphire odious point wagecucks So just startups, not BIGTECH then (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481289) |
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Date: May 9th, 2022 4:09 PM Author: ruddy well-lubricated stead Rumblings. It's coming. Probably coincides with quarter end (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44481339) |
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Date: May 10th, 2022 11:19 AM Author: Translucent toilet seat Now feels like an inflection point, in which tech unicorns are realizing that they may have overpromised a growth trajectory, over-hired or overestimated their ability to raise that next round.
🤨 |
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Date: May 27th, 2022 10:42 AM Author: charismatic fuchsia garrison generalized bond “The irony here is tough: The same workforces that helped companies meet a boom in pandemic demand are the same workforces on the chopping block when trends change.” high labor/output demand drives job growth; contracting demand results in job cuts. o what irony! |
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Date: May 10th, 2022 11:18 AM Author: misunderstood institution police squad carvana laying off 2,500 today https://imgur.com/a/vdCmEpA (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44485797) |
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Date: May 10th, 2022 11:29 AM Author: Curious space i don't want anyone to lose their jobs, but nearly everyone in that industry is a bunch of preening, fake faggots. they are some of the most evil enterprises on earth yet moralize at single turn. they even try to spin building an online car rental platform into some kind of altruistic act. and this goes for the line workers too. i say this as someone that is dependent on the health of the tech industry for my livelihood and the well being of my family (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44485916) |
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Date: May 10th, 2022 4:58 PM Author: Insecure spectacular center liquid oxygen (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488042) |
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Date: May 10th, 2022 5:01 PM Author: cracking resort queen of the night what industry are you referring to exactly? (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488059) |
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Date: May 10th, 2022 5:03 PM Author: sapphire odious point wagecucks Tech startups in SV (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488079) |
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Date: May 10th, 2022 6:07 PM Author: ruddy well-lubricated stead (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488377) |
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Date: May 10th, 2022 6:10 PM Author: Plum Messiness Weed Whacker I very much doubt they fired 2,500 coders. They probably fired 2,500 blue collar work-mos (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488395) |
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Date: June 30th, 2022 12:08 PM Author: transparent jet-lagged site Social media coordinators, diversity and inclusion VPs, etc. (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44771923) |
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Date: May 10th, 2022 4:56 PM Author: ruddy well-lubricated stead (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488031) |
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Date: May 10th, 2022 6:07 PM Author: snowy therapy FB has "slowed the pace of hiring," seems likely that layoffs could happen if Q2 is bad. (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488380) |
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Date: May 10th, 2022 6:10 PM Author: Vermilion philosopher-king Will I still be able to sell my house for $2.5M this summer? (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44488398) |
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Date: May 27th, 2022 10:17 AM Author: ruddy well-lubricated stead Paypal
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Date: June 30th, 2022 12:04 PM Author: ruddy well-lubricated stead (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44771907) |
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Date: June 30th, 2022 12:21 PM Author: Sexy Field Headpube Anecdotally seems like I get a lot less recruiter calls. For a while there I seemed to be getting one a week for GC positions. I think it’s been a month or so since I had one now (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44771981) |
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Date: July 26th, 2022 1:15 PM Author: ruddy well-lubricated stead Shopify - 10% of all staff Fiverr - 8% of all staff Capsule - 13% of all staff Tonal - 35% of all staff |
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Date: July 26th, 2022 2:09 PM Author: beady-eyed shrine cuck All of these seem appropriate even without a recession. You’re telling me that Shopify has been going this hard for this long and hasn’t missed on 1/10 hires? I worked at and with tons of these companies and they would all basically not change at all if they removed 15% of their workforce. So many email jobs. (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44917282) |
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Date: July 26th, 2022 2:06 PM Author: beady-eyed shrine cuck I don’t think we can say for sure until the fall but so far it seems like a pretty soft landing for tech. There were so many silly companies that just proclaimed themselves to be SaaS and raked in investment capital, but it seems like a lot of the leaders were vets of the dotcom era and knew better than to blow it all on foosball tables and kegs at happy hour. It was also a somewhat clever gambit to make people accept “400k all in” that was 200k in actual salary and then 200k in RSUs that are now worth 50k and a discretionary cash bonus.
The reality is there’s nowhere else for the money to go. Two years ago there was real estate but lol at that now. It’s like tech and bankers formed a suicide pact so you have to fall a lot farther than this for the bankers to bail and start burning it all down. |
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Date: July 26th, 2022 2:07 PM Author: Cobalt harsh athletic conference forum anguses: peppered (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44917273) |
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Date: July 26th, 2022 2:12 PM Author: Self-absorbed step-uncle's house so far, the layoffs haven't included people who actually build things like engineers or product people. they mostly cover recruiting and some small percentage of low performers across other functions. simultaneously, hiring has slowed quite a lot. this says companies think they have enough people to get things done and they don't need to expand significantly. it's taken pressure off of increasing wages so they may level off over the coming months.
if a true recession hits, there could be real and significant layoffs and huge downward wage pressure. |
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Date: July 26th, 2022 2:15 PM Author: Translucent toilet seat wages for these makework positions have also grown to near-engineer levels at many companies because they were so flush with "cash" (investor $$$ or inflated stock prices depending on size) the policy was basically throwing money in every direction to satisfy even the most minor "our work is equally as valuable" quibbles. (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44917314) |
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Date: August 30th, 2022 10:38 PM Author: Fear-inspiring gas station (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45096707) |
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Date: July 26th, 2022 2:13 PM Author: Gold vigorous house pistol Firms that want to live are hiring military lawyers. (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#44917305) |
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Date: August 30th, 2022 10:06 PM Author: ruddy well-lubricated stead (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45096469) |
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Date: August 30th, 2022 10:06 PM Author: Sienna Comical Address Hairy Legs (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45096471) |
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Date: November 3rd, 2022 8:55 PM Author: ruddy well-lubricated stead QUACK QUACK (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45433330) |
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Date: November 3rd, 2022 9:25 PM Author: sepia bossy range sweet tailpipe where r we on this (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45433597) |
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Date: November 6th, 2022 4:18 PM Author: ruddy well-lubricated stead Are you serious? (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45446340) |
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Date: January 23rd, 2023 10:41 AM Author: ruddy well-lubricated stead lmao (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45829240) |
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Date: January 23rd, 2023 10:41 AM Author: maroon dysfunction menage cq (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45829243) |
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Date: November 6th, 2022 4:18 PM Author: ruddy well-lubricated stead (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45446336) |
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Date: November 7th, 2022 11:27 PM Author: ruddy well-lubricated stead Seems like going to spread going by finance bros (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45454575) |
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Date: November 14th, 2022 8:15 PM Author: ruddy well-lubricated stead THE DUCK WARNED YOU (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45493653) |
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Date: January 23rd, 2023 10:46 AM Author: aqua pervert Can't believe people still doubt me. (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45829270) |
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Date: January 20th, 2023 12:53 PM Author: ruddy well-lubricated stead (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45816392) |
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Date: January 23rd, 2023 10:46 AM Author: Dashing seedy parlor idea he suggested Coming soon to a law firm near you (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#45829274) |
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Date: December 24th, 2024 10:12 AM Author: crimson up-to-no-good state halford Evergreen post (http://www.autoadmit.com/thread.php?thread_id=5104774&forum_id=2#48481552) |