by justforfunhere on 4/16/20, 8:32 AM with 558 comments
by anonymousci on 4/16/20, 9:19 AM
Last week during covid crisis, all while announcing a $100m Series E round of financing, they let some employees go and did not offer any severance.
Disorganized management, and with some teams, passive-aggressive management style.
Would not recommend joining...
by aivatra on 4/16/20, 8:22 PM
Hello fellow HN readers. Here's the short version of the story:
So I was working at X SF startup company (with a subsidiary office in Costa Rica) and decided to give it a try at First Factory, an outsourcing shop based in NY and Costa Rica, they handed me a contract (March 5th, 2020) to start working with them effective March 30th, 2020.
So I quit my job and was ready to jump on board. Then on March 25th, 2020 I get a call (the lady pretty much laughably telling me all this) stating that they were in financial trouble and couldn't onboard me at all, and the contract was voided.
I know this happens, but you get a feeling of how shocked I was hearing this. I couldn't believe my ears. And now I'm unemployed pretty much. I've applied to a few positions through "Who's Hiring" at HN tough, let's see how it goes -_-
by sciurus on 4/16/20, 9:35 AM
https://www.protocol.com/eventbrite-major-layoffs-coronaviru...
https://www.booksandpublishing.com.au/articles/2020/04/09/14...
by danesparza on 4/16/20, 10:37 AM
Right after September 11th, that site got very popular among engineers like me -- seeing (on a daily basis) which company bloodbath was next.
It was kind of fun, until it was our company.
by dandanio on 4/16/20, 12:54 PM
by sambroner on 4/16/20, 9:35 AM
Their tracker, https://layoffs.fyi/tracker/, has reasonably well corroborated data, although it's surely incomplete.
by kmlx on 4/16/20, 10:00 AM
a startup based in London just fired 10% of their workforce. all were given two options: government's furlough scheme where the state pays 80% of the salary, or outright dismissal. interestingly, half chose to quit.
by lukax on 4/16/20, 9:27 AM
by jyriand on 4/16/20, 10:49 AM
https://news.err.ee/1070009/starship-technologies-makes-redu...
by reubensutton on 4/16/20, 9:05 AM
by protonmail on 4/16/20, 12:06 PM
by ngngngng on 4/16/20, 8:05 PM
Rainfocus
Domo: 10% of workforce
Vivint Smart Home
HireVue
Divvy employees have been told that layoffs are inevitable.
No whispers yet of layoffs at the two Ycombinator startups in the state (Weave and Podium)
by dsfargeg on 4/16/20, 11:07 AM
They've used it as an opportunity to make 30% of their mobile engineers redundant, as well as push many senior engineers on higher salaries towards the exit
by AheadOfTime295 on 4/16/20, 9:54 AM
by onychomys on 4/16/20, 10:41 AM
by dznodes on 4/16/20, 7:30 PM
by roadbeats on 4/16/20, 10:28 AM
by gjmacd on 4/16/20, 7:57 PM
Their theory is, get some free money and treat it like 6 months of salary to help and take it as a "gift".
When I cited that they "weren't directly affected by this and could keep going until this COVID thing ended and it wouldn't matter to them." The person I know who's involved at the exec level said, "It's free money, when you get a free bag of money, you don't turn away on that..."
I wanted to throw up.
by zingar on 4/17/20, 6:11 AM
by ruairidhwm on 4/17/20, 8:46 AM
It isn't much fun but that's the way of these things. Got to stay positive and will be checking the HN "Who's Hiring" threads.
by simonkafan on 4/16/20, 10:19 AM
by Raed667 on 4/16/20, 10:28 AM
by lighthouse1 on 4/16/20, 10:16 AM
by john0990 on 4/16/20, 1:39 PM
by disposable38291 on 4/16/20, 9:08 AM
by Suzehr on 4/20/20, 5:13 PM
the role is full remote at the moment, but otherwise when this covid situation is over, it is based in an office near Liverpool street station.
by elric on 4/16/20, 10:13 AM
Remote interviews were an interesting challenge. Remote paperwork went somewhat smoother than expected. Introducing the new hires to the rest of the team is something we need to get better at.
by inglor on 4/16/20, 9:32 AM
by kosmotaur on 4/16/20, 10:09 AM
by Slam7min on 4/16/20, 1:57 PM
It works out great for me because I now qualify for state & federal unemployment benefits that will allow me to net more than I'm actually making at least through 7/31 while working only 4 days a week.
by kokizzu on 4/16/20, 10:49 AM
by mr_gibbins on 4/16/20, 9:26 AM
by d99kris on 4/16/20, 11:21 AM
by MaxwellM on 4/16/20, 11:00 AM
by hateevileagles on 4/18/20, 12:00 AM
by yourBestBet on 4/18/20, 5:39 AM
(Mexico) They have been firing people systematically in the last months. They don't have any new projects and they keep hiring more people just to fire them a few months later.
Top management sends global emails saying they want to keep all the employees, but locally they are firing people.
Ironically, to this day, no local managers have been fired.
on the good side: full law compensation is offered.
by annon923 on 4/17/20, 9:52 PM
by MangoCoffee on 4/16/20, 10:56 AM
by ff317 on 4/16/20, 7:44 PM
The Wikimedia Foundation is still hiring many of the same positions we were before all of this. You can see the currently-open positions at: https://wikimediafoundation.org/about/jobs/
They've been an outstanding employer during these difficult times, as announced publicly on our blog: https://wikimediafoundation.org/news/2020/03/06/wikimedia-fo...
Come help us bring free knowledge to the world!
by anonycowgirl on 4/16/20, 8:24 PM
They have encouraged us to find new employment because there is no guarantee they will hire us back. I believe this to avoid paying us severance.
by ragest69 on 4/16/20, 10:36 PM
by ancestraldev on 4/16/20, 10:38 PM
They started today and will continue tomorrow.
by luikore on 4/20/20, 9:02 AM
by elymar on 4/16/20, 2:38 PM
by gigatexal on 4/16/20, 10:15 AM
I, as an expat, am absolutely grateful and have changed my tune on the “European welfare state” trope to “this just makes sense”. I got let go from a Berlin based fintech and got 3 months pay plus a small severance. They did this likely because funding fell apart during the pandemic but it could have also been to cull people that they didn’t need but they did do right by us.
by throwaway9002 on 4/16/20, 10:14 AM
The CEO just awarded himself a 30mil bonus: https://www.thetimes.co.uk/article/playtech-plan-to-pay-boss...
by tobych on 4/16/20, 9:36 AM
For example, my home state's Employment Security Department: https://esd.wa.gov/unemployment/laid-off-or-fired
Given that there are non-US readers here, maybe there's another pair of phrases that Hacker News could use as standard in this situation. I know in the UK, "made redundant" is used instead of "laid-off".
by Austin_Conlon on 4/16/20, 9:51 AM
by fulldecent2 on 4/16/20, 4:42 PM
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