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Search - "layoffs"
Just got laid off from full-time salaried position due to various business circumstances. I absolutely loved working there because they paid well, are low demand, they were 100% remote before it was COVID cool, and they didn’t micromanage anyone. Will continue to work for same employer but on hourly work order basis. I’m fighting the “provider” urge to find something else full-time as quickly as possible. My wife, who’s also working part time, says I shouldn’t be in a hurry and take my time to find just the type of job I really want. She’ll even go full-time while I search.
I’m the luckiest unlucky guy.15
I’d heard rumblings from my friends in other parts of the organization that there were going to be layoffs coming, so I’d warned my little engineering team. One of my team was vacationing abroad.
When he came back, one of my teammates told him it was all over and we were going to get fired.
He told me that he’d been told that and I said that it probably wouldn’t affect us and that I wouldn’t worry about it (I was under the impression that the layoffs would only really hit customer-facing roles).
The member of my team who just got back from vacation, the one who I reassured, was the only member of my team who was part of the group laid off.
Got laid off last week with the rest of the dev team, except one full stack Laravel dev. Investors money drying up, and the clowns can't figure out how to sell what we have.
I was all of devops and cloud infra. Had a nice k8s cluster, all terraform and gitops. The only dev left is being asked to migrate all of it to Laravel forge. 7 ML microservices, monolith web app, hashicorp vault, perfect, mlflow, kubecost, rancher, some other random services.
The genius asked the dev to move everything to a single aws account and deploy publicly with Laravel forge... While adding more features. The VP of engineering just finished his 3 year plan for the 5 months of runway they have left.
I already have another job offer for 50k more a year. I'm out of here!13
flailing startup layed off my entire team without warning...
...and no one asked us how our custom tools work or how we performed our business-critical tasks. #goodLuck10
After mass layoffs my team went from 10 engineers to 4 with no drop in expectations. This was a ridiculous ask, everyone was burnt out and could not keep up. For some reason the geniuses in management gave me a bad performance review despite me doing 2 to 3 full time workloads.
That day I put in applications and got an offer in less than a month from one of them. Put in my notice and suddenly it was surprised Pikachu face. Now they are down to 3 engineers and admitted it would be months before they had the revenue to even backfill my position.
Before I became a Computer Engineer, (actually, this job is where I learned I loved programming) our manager would pull us into a team motivational meeting.
Except she was a bit of an airhead, so her idea of motivation was having a sing-song and listing our favorite movie quotes.
It was even funnier because there was lots of drama surrounding "how she became our manager," and one of our teammates felt as though she should have gotten the job.
Anyway, none of those were the most ridiculous meeting.
The most ridiculous meeting was when the VP of marketing came to town from Florida to address the brewing drama.
In this meeting, all of my teammates suddenly had the delusion that we were in a union and thought they were protected from getting fired. They threw our manager under the bus. I was the only one who could see that he was there to see if our department was worth saving. They thought they were going to get rid of our manager by shitting on her, but they were just confirming his suspicion that there was a bunch of bullshit going on all around.
So I approached the VP after the meeting, and long story short, I was the only one who got through layoffs with a job offer in Florida a couple weeks later.
I didn't take it, because by that time I decided I wanted to go to school for Computer Engineering.1
In my last rant (https://devrant.com/rants/5523458/...) I regaled you lovely folks of how I had to diplomatically yet firmly defend my work/life boundaries during off-work hours for non-life threatening affairs (a frustratingly common occurrence), and concluded the thread by mentioning that I still had a job, but would make a note of my frustration of that for whatever exit interview happens.
Well, no need for those notes any longer.
I and half of the engineering force, along with several senior managers were laid off this morning in the form of a "mandatory on-site all hands".
I live and work in NYC. Several people took trains and booked rooms from as far away as Boston to be here (or at least I know of specifically two people who commuted up here on Sunday to be here for the "all hands"). I presume those people used their travel benefits to get here and back.
We were dismissed before the meeting even took place, and according to a coworker I became friends with (yes, despite my snarky comments in other threads, I *do* actually have coworkers I became friends with lol) who survived at least this round of layoffs, once the actual all-hands commenced, the company first disclosed the layoffs, then announced being awarded a major contract with the very client the entire org had been working on overdrive to win for the last nine months. He had already been looking for a new job and got an offer last Friday, had been mulling it over, but told me once we were off the phone he was calling them up and accepting. He had three people reporting to him, and lost two. Even he had no idea it was coming until one of his now-former subordinates asked him to come outside and told him they'd just been let go.
I knew going in to this startup that "it's a startup, anything can happen, just mind the gap". That's why I asked on numerous occasions and tried to get time with our CFO to ask about revenue and earnings; things that in my years at this place were never disclosed to the rank and file, I'm not a professional accountant or CPA by any means, but I did take a pair of corporate accounting classes in community college because I like the numbers (see my other rants about leaving the field and becoming a math teacher), and I was really curious to know how the financial health of the business was.
It wasn't so much a red flag as it was an orangish-yellow that no one ever answered those questions, or that the CFO was distant but not necessarily cagey about my requests for his time; other indicators were good while interviewing--they had multiple fully integrated, paying customers (one of which being a former employer from years ago, which aided me in having strong product familiarity during the job interview), but I guess not enough to be sustainable.
Anyway. I'm gonna use the rest of the week to be a bum, might get out of the city and go hang with friends Pittsburgh, eat some hoagies and just vibe for a while. I've got assets and money stashed up to float pretty easily for a while, plus a bit of fun money so losing the job isn't world ending. Generalized anxiety because everything is going to shit worldwide, but that quickly faded into the backdrop of the generalized anxiety I always have because existentialism or something like that.
Thanks for reading. Pay the teachers.5
Well, it was a great experience. Good bye buddy :(
Servers are still working but nobody knows how much time we have.
Got a text message from a former coworker who was spared the layoffs from $last_job.
"Go look at the status board, they left it up after the layoffs".
The 99% uptime is now down to 80% and you can practically pick out the exact week when the company laid off half the engineering team.
But hey, they redesigned the homepage and got a new logo.1
When you work super hard for 3 years to acquire skills to get a job at your Dream Startup
Then finally after joining,
WITHIN 3 MONTHS, unfortunately, you become a victim of MASS LAYOFFS :|
Since your company is shutting down that particular business
The fuckkk :/5
It began when I was tasked with creating a better and more engaging experience for our new Facebook page. This was in Facebook's early days, so there were not really any "best practices". We were making it up as we went along. I decided one way would be to game-ify things, since gaming, at the time, was a Big Deal on Facebook and people were starting to use it to build customer funnels.
Grasping for low-hanging fruit, I decided a Tetris variant around our topic would be fun. I had to hire a dev because at the time I was a static HTML web developer just getting into social media management. I knew nothing about game development or how to use Facebook's API for such things.
Long story short, we got about $10,000 (FB app devs came at a premium then) into the project when I came across a very recent article about the history of Tetris games. It said that even though Tetris had once been considered for all intents to be public domain due to it being created by a Russian coder during the Cold War, it had just been acquired by an IP protection entity that was charging royalties for any variant of Tetris created from a specific date onward and paying the original developer. So, even though I thought I had been thorough in my initial permissions checking, it turned out we were gonna be in deep doo-doo with licensing fees and restrictions if we released this game to the public.
I had to call my boss and admit my error. She was FURIOUS and really gave me an ass-chewing over it. I then had to call the marketing person whose budget I'd been slaving away at wasting. She was a bit more forgiving (her budget was in the millions). Then I had to call the corporate legal department and explain what was going on. They told me to immediately pay any outstanding hours, then fire the dev but not before getting him to send me all code and assets, deleting his copy, and then, upon my receipt of those assets, deleting MY copy so that nothing of it ever existed. And I was supposed to say _nothing_ to the dev about why he was being let go, so that there would be no "trail" leading back to this fiasco. (The dev hounded me for weeks asking what he'd done wrong. It killed me that I was bound and gagged by corporate legal and couldn't tell him.)
I was in so much trouble. I was literally in tears over it. I'd never wasted that much money in my life. That incident pretty much sealed my fate as far as any trust my bosses ever put in me again (not much at all). I was a bit of a pariah in a lot of ways for the next 5 years whereas I had come onto the team as a young social media rockstar at first.
After that, and a couple of other bad scenarios that were less my fault and more due to a completely dysfunctional management and reporting structure, they eventually "transferred" me to another team. Which was really just a way of getting rid of me by sending me to a department that was already starting to outsource overseas and lay people off. It was less messy that way. I was in the first set of layoffs.
Since then, I've had a BIG fear of EVER joining a large corporation EVER again. I prefer to work for small businesses now, even if I get paid less. Much less stressful from an office politics and impact of mistakes standpoint.3
Layoffs happen all the time. But when you survive it and come back the next day and see the empty cubicles occupied by very senior devs who were really close to you and mentored you.
Had to go through this twice, 2014 and 2016. Thankfully we still meet up at Hooters every Friday and rant, and that's our version of a 'weekly'
Spent a good bit of my time the past few months developing a cool web app for our company.
Was told last week the due to all the layoffs etc that we would no longer have a need for it.
Still proud of the work I did and how it turned out.1
So, you are telling me that I should motivate myself? For working in a dead end job with no scope of promotion, no imminent raise, ever changing job requirements, layoffs, empty cubicles, zero SDLC process in place, no oversight from upper management, it is somehow my fault for me being late to work everyday?
One of these days, I'm going to fling my resignation paper at your face and drop the mic!
Man, Fuck you son!3
Should have kept a copy of my best code off of my work computer. That way it wouldn't have been confiscated along with the computer during the layoffs. [sniff] I had some beautiful Stored Procedures I can't satisfactorily remember how to reproduce. 😅4
Security in defense is a joke.
New hire does not have accts set up told him over and over!
He decides to go into a classified area and just try. Common last name with first initial.
Guess what he was able to get in because no one changed the default password!
Yep now someone with an interim clearance got access to a machine that goes from unclass to secret and then top secret!6
Hearing about all the layoffs due to Covid-19 is really depressing!!!
How can one work with utmost efficiency when the thought of losing job looms over like a dark cloud 😭😭😭7
Tell me you're a media-obsessed rube drone without telling me you're a media-obsessed rube drone. I'll start:
"SoFtWaRe JoB mArKeT iS hOrRiBlE aNd ShOwS nO sIgN oF rEcOvErY!!!"
hah, you mean those layoffs from that handful of frothed-over tech giants which had, I don't know, approximately ONE HUNDRED TIMES the amount of engineers they actually needed? I swear if i see this trope one more time i'm about to rage. can't wait until 2023 when this 'scare' will be but a memory. yes i'm muad'dib, golden path, worm god, whatever
but it's even simpler, you don't have to drink the spice:
- there are an estimated 205,741 people affected by the LaYoFfs (https://www.trueup.io/layoffs, actually a really cool site I just found)
- there are an estimated 3.87 MILLION software engineers, and that's just in the US, so it's safe to say less than 5% of the industry has been affected
so in short yes, you are a rube, i'll enjoy my multiple job offerings
should have been working on your craft instead of reading all those "news" articles. sheesh, i'd scare to hire anyone for a software position who can't get a grip on simple numbers anyway6
Best: Got my first dev job a month before I graduated my bootcamp. Was hired till rona layoffs started happening. Found another dev job 4 months later, and just received a promotion from said job just before going on holiday leave.
Worst: Being laid off for those 4 months. Sure unemployment + stimulus got me through financially, but mentally and emotionally I was starting to crack. I had thought I broke through the barrier with that first job and was going to be set. That layoff threw a wrench in my whole plan. In those 4 months unemployed I developed some imposter syndrome. Regardless, I plugged along with my side projects. One company was really impressed with one of them and was using a similar stack for an upcoming project, so luckily they ended up hiring me. Confidence restored.2
Worst fight was at a former job. I complained about a senior-level employee who made unprofessional comments about me.
I asked followup questions about a request. I was told the request was correct. Turns out the other employee half read/didn’t read my question because she decided I was trying to cause trouble. When my boss reviewed my work and asked why it looked weird, other employee actually wrote in the JIRA comments “Oh, my apologies. I thought [name] was question the request. [name] changed the wrong thing.” She said the silent part out loud. And the wrong thing she accused me of changing…the website always looked like that and my boss told her so. (Also, not the first time she forgot what the website looked like.) But my boss didn’t make any JIRA comment about the “questioning the request” part.
My boss was really downplaying what had happened. Like other employee just made a mistake. That wasn’t a mistake. He wasn’t going to bring it up with other employee’s boss. It was weird because the incident was a written conversation so it was really hard to deny the facts. I also had the original email notification in case she tried to go back and change her comment. I think my boss either wasn’t used to defending his direct reports or didn’t have the power to do so since most of his department (including me) was slated for layoffs in a few months.
Well, I got the last laugh. A week later, I received an offer. I put in my notice during the company’s busiest time of year. And my boss actually asked me to extend my notice by three weeks. Really?! Expecting me to forgive and forget that whole “questioning the request” incident. I stuck with my original date.
This night I had a fever and seen a weird dream. So, scientists discovered that our whole perspective is wrong, and the notion that anything is but a sum of its parts is now completely irrelevant. One can’t disassemble a thing and know how it works and what it consists of. Basically you want to build a computer, you buy all the parts you need, but you can’t assemble it anymore — it just doesn’t work, and nobody knows why. Same is true for cars, industrial machines, software and pretty much anything that have something to do with engineering.
So, earth went into riots, massive layoffs occured, world economy collapsed, and the forces of what used to be USA, China and Russia joined to tackle the problem. A research was started and we found out that we now have complexity cores (!) that distribute emergence (!!) in an ephemeral way (!!!) and that is what makes things work. Theory of New Complexity (!) emerged, and all the engineers were required to go back to universities to attend lectures about how complexity works and how to make things in that new reality7
I started reading “The Phoenix Project” by Gene Kim. And in the first chapter itself two people from the IT department get fired, and the author is forced to takeover the CIO position. Damn, now I’m shook. Is Tech really that much under appreciated and management that much hostile ?4
Facebook owner Meta Platforms, 2,564 job cuts in Menlo Park, San Francisco, Fremont, Sunnyvale and Burlingame
Google, 1,608 layoffs in Mountain View, Moffett Field, San Bruno and Palo Alto
Salesforce, 1,151 staff cutbacks in San Francisco
Twitter, 900 layoffs in San Francisco and San Jose
Cisco Systems, 673 job cuts in San Jose, Milpitas and San Francisco
Grocery Delivery E-Services (HelloFresh), 611 layoffs in Richmond
Amazon, 524 staffing cuts in Sunnyvale and San Francisco
Intel, 490 job cuts in Santa Clara and San Jose
Rivian Automotive, 448 layoffs in Palo Alto
Lam Research, 400 staffing cuts in Fremont and Livermore13
So they have a meeting to declare -
Then managers start talking about how good leader the ceo is & how nicely he managed covid situation.
Confused as to what happened here...5
Layoffs, hard to see good working people leaving the building.
You can feel the mood of the company the next days/weeks is a killer of productivity.
Recently briefed a manager that we need to adjust Q2 plans to address the institutional knowledge lost during layoffs.
Yes, I know, write documentation, etc. This is reality, all our shit ain't documented.2
Maslow's Hierarchy breaks down five human needs. You need to meet the lower numbers in order to feel fulfilled in higher levels (i.e. You likely don't feel like you belong to a community when you're struggling to find food & water.) :
1. Physiological (Foods, Water, Clothes, Sleep)
2. Safety & Security
3. Love & Belonging
5. Self Actualization
The company I'm at is struggling financially so nobody received raises. There were no promotions to celebrate this year. There was diminishing pride in working here. Multiple re-organizations shatter my view that I belong to a team. Multiple rounds of layoffs shattered my feeling of job security. Multiple meetings start with my co-workers buying time to brush their teeth, scarfing down what food they can eat quickly, brewing another cup of coffee.
I firmly believe it's a manager's job to watch out for the culture and build up their employees through this process, but the managers are watching out for their own backs, and probably struggling with the same things we are as individual contributors.
Hey corporate management, while you were off at your executive off-site, your employees are failing to meet some basic needs. You wonder why we bitch about 4-day work weeks and needing less meetings. You think we're entitled when we ask for food and snacks delivered to our door.
We're not entitled. We're broken.
We're not lazy. We're burnt out.
You say we get unlimited time off, but you frequently comment about how much time we're taking off in public forums.
You say you pay us competitively, but that was last year, and shit costs 60% more now.
You say we're responsible for the success of the company, but you're responsible for the morale of the company.1
Here's a cute penguin to keep you happy during these layoffs wave.
Have it around: https://redbubble.com/i/sticker/...3
There are few layoffs in my company due to COVID-19 and so now there's 3 times more work then usual per employee and fucking senior manager keeps on threatening that if we don't meet the deadlines, they will get us fired as well!
Have to do overtime every fucking day, also even on weekends, my life has got all ruined and couldn't do anything about it as getting a new job in this time is going to be a pain in the ass as well!7
My relationship with recruiters have always been a love/hate thing in the past. Some are super pushy and borderline bully you into accepting a job if they can.
A close friend of mine has lost their job recently due to COVID-19 related layoffs, and is now in a very vulnerable position both economically and psychologically. Enter recruiters.
This particular recruiting firm in my city is quite notorious for being unpleasant. I just hate how they treat people, and specially in my friend's case, pushing them for information like their previous salary when the recruiter doesn't even have a job lead!
I know they work commission and really want to close the $$$, but sheesh! So irritating!5
Let me run something by all of you. Let's say you once started freelancing as a "Plan B" in case your full-time gig dropped you. Over 12 years you've managed to build a long-standing personal brand around that occasional freelancing. You have several clients who adore you and the work you do and they tell you they would be lost without your talent and have nowhere else to go and nobody else they trust. You know, because in the past you tried to send them elsewhere (for various reasons) and they just kept coming back.
You get laid off from the full-time gig and ACME Company calls and interviews you as a top candidate they're really interested in for that same type of work for a full-time job they're offering.
Here's the catch...if hired, you have two months to basically erase your personal brand and agree never to do any freelancing work as before, even on your own time on evenings and weekends. ACME wants your full focus and attention. Additionally, you find out that the person you'd be replacing is being let go because they weren't sufficiently tech-skilled for the job. And, with a little digging, you find out that person _also_ had several freelancing gigs going on the side. Probably for the same "Plan B" reason. Which is probably why ACME is demanding exclusivity.
Your client base is small. ACME says "we don't care". The work you do is 90% automated and easily achievable in just minutes a day on a weekend or evening. ACME says "doesn't matter". You already had full-time work to begin with so you weren't doing a ton on the side. ACME couldn't be less interested in this "excuse". And you're not keen on the idea of burning down your brand, especially with no guarantees of any kind in the present IT industry hiring/firing/layoffs climate. ACME says this issue is make or break for them.
If you get to the offer stage do you:
a) Flip the bird to your brand and clients you've built up for over a decade and memory-hole it?
b) Negotiate a non-compete clause with ACME, agreeing not to take on any new clients while working full time for them?
c) Flip the bird to ACME and look for something else?
Asking for a friend. ;)16
Fuck these big ass companies being “affected” with macro economic bullshit and what-aboutery and laying off innocent people every goddamn day. I feel like some of these are not even affected and just doing it in order to just make more money for the billionaire CEOs.2
I actually made a simple website for a small business when I was getting started with frontend, and he was super happy with the end result. I also did some language tutoring, that was quite rewarding as well. So freelancing is definitely fun, I enjoyed it much more than fearing layoffs or trying to force a fake-ambitious attitude on my 30th interview that most probably won't lead me anywhere. :D
Is the frontend job market really this oversaturated? (I know, I know... It's not difficult for competent, skilled, and experienced devs with CS degrees) Is being a CSS specialist, PHP-developer, or SQL-magician on fiverr/upwork/etc. a viable freelancing path? I've heard good and bad about these platforms, the competition there, etc. If not, where should I start?
What do you think? Any input is much appreciated. :)4
If you are in the US how are you preparing for the next pending recession?
I am thinking about staying at my low paying but stable job where they have never done massive layoffs because they are not publically traded.
My company just announced we're going to have a one week furlough. It's bad, but not as bad as a layoff. If we miss Q2 (which we will with the current state of affairs), then we will have layoffs starting in July I'm sure.4
Every day I read people ranting about their jobs here, well, when i read this, I am thankful I still have a job:
Massive layoffs: Meta, Twitter, Amazon, Zillow, CNN, Tesla
Stopped hiring: Google, Microsoft
Is a butterfly effect, let's see how many of us will reach, then you can rant about having an "stressing" life7
Waiting for the company to reveal who is affected by the lay-offs that were announced with more than a week in advance (so we are more prepared?). I have barely slept since, and they are contacting people one by one at different times of the day.3
So we all know what the current market situation is right now. Like all, my company also used the same market excuse to give 0 hikes to 80% of staff in last appraisal cycle which happened shortly after layoffs. And to top that, they tried to soothe us by saying at least you are not laid off. So obviously, no one protested.
Now when the next appraisal cycle approached, everyone was expecting something and management also knew that they have to give something or else people are not gonna stay much longer. 2-3 months before the cycle, they started telling that no one would get 0 hike this time, it will be better than last time.
When the numbers came, it was less than 5%. I mean you can expect these numbers from a huge service based MNC but not from a budding product based startup. And, here's the best part, the manager didn't even bother to setup calls to tell the numbers himself, we got to know via a fucking email.
I am done, I am gonna jump ship the first chance I get.3
I knew programming was for me, MUCH later in life.
I loved playing with computers growing up but it wasn't until college that I tried programming ... and failed...
At the college I was at the first class you took was a class about C. It was taught by someone who 'just gets it', read from a old dusty book about C, that assumes you already know C... programming concepts and a ton more. It was horrible. He read from the book, then gave you your assignment and off you went.
This was before the age when the internet had a lot of good data available on programming. And it didn't help that I was a terrible student. I wasn't mature enough, I had no attention span.
So I decide programming is not for me and i drop out of school and through some lucky events I went on to make a good career in the tech world in networking. Good income and working with good people and all that.
Then after age 40... I'm at a company who is acquired (approved by the Trump administration ... who said there would be lots of great jobs) and they laid most people off.
I wasn't too sad about the layoffs that we knew were comming, it was a good career but I was tiring on the network / tech support world. If you think tech debt is bad, try working in networking land where every protocols shortcomings are 40+ years in the making and they can't be fixed ... without another layer of 20 year old bad ideas... and there's just no way out.
It was also an area where at most companies even where those staff are valued, eventually they decide you're just 'maintenance'.
I had worked really closely with the developers at this company, and I found they got along with me, and I got along with them to the point that they asked some issues be assigned to me. I could spot patterns in bugs and provide engineering data they wanted (accurate / logical troubleshooting, clear documentation, no guessing, tell them "i don't know" when I really don't ... surprising how few people do that).
We had such a good relationship that the directors in my department couldn't get a hold of engineering resources when they wanted ... but engineering would always answer my "Bro, you're going to want to be ready for this one, here's the details..." calls.
I hadn't seen their code ever (it was closely guarded) ... but I felt like I 'knew' it.
But no matter how valuable I was to the engineering teams I was in support... not engineering and thus I was expendable / our department was seen / treated as a cost center.
So I do a bunch of stuff online and I'm enjoying it, but I also want a classroom experience to get questions answered and etc.
Unfortunately, as far as in person options are it felt like me it was:
- Go back to college for years ---- un no I've got fam and kids.
- Bootcamps, who have pretty mixed (i'm being nice) reputations.
So layoff time comes, I was really fortunate to get a good severance so I've got time ... but not go back to college time.
So I sign up for the canned bootcamp at my local university.
I could go on for ages about how everyone who hates boot camps is wrong ... and right about them. But I'll skip that for now and say that ... I actually had a great time.
I (and the handful of capable folks in the class) found that while we weren't great students in the past ... we were suddenly super excited about going to class every day and having someone drop knowledge on us each day was ultra motivating.
After that I picked up my first job and it has been fun since then. I like fixing stuff, I like making it 'better' and easier to use (for me, coworkers, and the customer) and it's fun learning / trying new things all the time.
how does it feel to reject a company when :
- its in your own hometown and offering remote work (whereas your current company is in a different ,v expensive city and is asking for relocation)
- its offerring a 60% hike on your current salary (whereas your current company is asking to relocate therefore a 40-50% cut in savings)
- is a major mnc with blasting profits and known for never making layoffs (whereas your current company is not even a unicorn)
i just wanted a 70% hije instead of 60 coz i have heard of work stagnation, government job like culture and poor appraisals in this org. however my current company, even though not being a unicorn has shown to offer great salaries ( to sr employees though) so kinda hopeful there too.
but yeah, feeling like a shit who missed opportunity to get bought in gold8
some of us should start hacking to bring power back to developers again.
What's everyone second source of income?
Curious on how you started and money per month of average for it. Feel I should start working towards it in case of layoffs or just need of extra money.
Is freelancing on upwork worth it?15
How’s the tech layoffs doing? I was considering leaving a while ago. But maybe it’s a smart move staying for a while…4
update : we are at hr round baby!!!
part 1 : https://devrant.com/rants/5528056/...
part 2 (in comments) : https://devrant.com/rants/5550145/...
the tech market is crazy mann! it's one of the top indie fintech companies in our country and has a great valuation.
i totally felt that they i am crashing the interviews , and am seriously not trying to be humble. before the dsa round , i was trying to mug up how insertion sort works 🥲
now my dilemma is should i switch if i get the offer. in a summary:
- small valuation but profitable (haven't picked funding for last 3 years , so poast valuation is some double digit million $, but can easily be a unicorn company)
- very major b2b player in my country. almost all unicorns (including this fintech company) and some major MNCs are their client and they have recently acquired a few other companies of us and eu too, making them- a decent global player
- meh work : i love being a cutting edge performer in android but here we make sdks that need to support even legacy banking apps. so tech stack is a lot of verbose java and daily routine includes making very minor changes to actual code and more towards adding tests , maintaining wrapper sdks in react/cordova/unity etc, checking client side code etc.
- awesome work life balance : since work is shit and i am fast enough, i am usually working only 2-4 hours a day. i joined gym, got into shape , and have already vsited 5 places in last 6 months, and i am a guy who didn't used to have time even on sundays. here, we get mote paid leaves than what i would usually need.
- learning opportunities: not exactly from the company codebase, but they provide unlimited access to various course learning platforms like linkedin learning, udemy and others, so i joined some web dev baches and i now know decent frontend too. plus those hybrid sdks also give a light context to new things
new company :
- positives : multi billion valuation, one of the top players in fintech , have been mostly profitable ( except a few quarters)
- positive : b2c so its (hopefully) going to put me back into racing shoes with kotlin, jetpack and latest libraries.
- more $$$ for your boy :)
- negetive : they seem to be on hiring spree and am afraid to junp ship after seeing the recent coinbase layoffs. fintech is scary these days
- negetive : if they are hiring people like me, then then they are probably hiring people worse than me 😂. although thats not my concern what my main concer is how they interviewed. they have hired a 3rd party company that takes interviews of people FOR THEM! i find that extremely impolite, like they don't even wanna spare their devs to hire people they are gonna work with. i find this a toxic, robotic culture and if these are the people in there then i would have a terrible time finding some buddy engineer or some helpful senior.
- negetive : most probably a bad wlb : i worked for an year for a fast paced b2c edtech startup. no matter how old these are , b2c are always shipping new stuff and are therefore hectic. i don't like the boredom here but i would miss the free time to workout :(
so ... any thoughts about it?4
What kind of projects are mostly affected by the pandemic?
I believe there must be massive layoffs in travel related projects. Or I'm wrong and it's business as usual (IT part)?2
i am so fucking conflicted right now. seeing my fiture getting ruined in front of my present eyes. Life always gives me a chance to jump out of a ship that's about to fucking blow , i took it the first time, but this time i missed it for bravery ( and stupidity), and now am sinking alongside this fucking ship
my first job was amazing. decent work, sometimes a lot and sometimes too less. i would learn new things ,interact with people, handle a lot of fuckups . at one point i felt like looking for another opportunity , got one giving 50% hike , so i jumped the ship and sent a resignation letter. the noitice peripd was less, so i enjoyed my days applying to other ships. got even a better offer with 100% hike, so from one boat to another to now a literal cruise.
later i got to know that my original company got bankrupt and fired 85% staff. the next month the company that gave me the first offer layed off 30% staff.
now the waters are tough and my cruise is also getting impacted. but instead of firing, they are asking us to come to the office permanently. their office is in a fucked up place: you need 8$ just to breath the fucking air there. its the city of blood and money. and you will be giving away both things there.
my brain got split into 2 parts after this announcement: my stupid self was still considering this while my sensible self started applying for jobs. my stupid self was thinking that this is a great opportunity to leave my fucking nest of a home , where i am liv8ng woth my parents for last 25 years, and learn to live alone. clean utensils, cook food , wash clothes... i wanted to live the life the harsh way.
but life still took a pity on the fool that j am and gave me an opportunity. an opportunity to work with a big brand who hasn't done any layoffs in their 40+ yrs of existence (but also known for giving shit increments)
the offer was just a 40% hike but it was near my home. i could be in office in 1 hr in less than a dollar a day and still earn more than what am earning now.
plus my notice period is now 60 days , so who knows what other offer i could have got in those 60 days ( when i would keep my profile with a big green "immediately available to hire" circle on me.
however this time i didn't jump the boat. i asked them for a bigger raisez they declined and my stupid self was more than happy.
now the company has started to send mails regarding relocation and yepp the cruise is sinking , atleast for me. if i was savingsx in this company, my savings would become x/8 if i go to that city. in the new offer it would have at worst remained x.
and that's not even half of what's bothering me. i had accepted the money loss in exchange of what that city and my company had to offer : a chance to experience WFO, a chance to live life like a mature man and not a kid in his mom's house ,and a life full of hurdles and strangers.
however i always like to keep an emergency fallback mechanism on me , for if things don't work out. I don't wanna go depressed and cut my wrists there, I don't want people to hurt me so much that I can't recover. i want to run away from that wreched city the moment i start to loose the battles there and the city starts taking over me.
but what the holy fuck? my company's notice period is 60 days, and my rented room's security deposit is 6 fucking months? i will be giving 6 months of deposit + 1 month of brokerage + 1month of rent on the first day i put my steps on that wretched land after travelling in a 100 dollar flight! where am i supposed to get this much money?!
and okay, somehow i manage this. say i did an 11 months agreement, paid the fucking 8 months of rent at one go and simply started living a shitty life there. in month 2 i break down and wanted to implement my escape mechanism. it would go like this : i will suck up and try to live for rent free for next 6 months. but wait, THAT'S NOT FUCKING ALLOWED!! iam supposed to get my security AFTER 11+1 MONTHS!! why not freaking adjust it in my rent?
I can't think straight . 6 months of security deposit has blown my brain. i am regretting anything and everything. I can't think of my roommates situation, home safety, room location, whatever the fucks we think while looking for a room . all i can think is ...WHY SO MUCH MONEY NEEDS TO GO AT ONCE!?