by a_lifters_life on 2/7/24, 1:52 PM with 21 comments
by meetingthrower on 2/7/24, 6:48 PM
Also another huge risk is if you are a manager of 1 or 2 people. You are not a manager you are a layer. If you are a manager of many "managers" of 1 or 2 people this is doubley true.
While tech experts are often different, if you are an individual contributor with an absurd comp given your actual technical skills, beware.
AMA!
by PepGuardiola on 2/7/24, 8:30 PM
Always apply for jobs, even if you are sure you will not be fired. It's like going to the gym every week and keeping your six pack. Don't wait to be fired, be always looking. Do the interviews, get to the final interview and then decide whether to proceed or not.
by mooreds on 2/7/24, 2:09 PM
I was hunting for work within in the org, but was remote so was operating at a disadvantage. I would ask the product manager for work, then do it (typically an integration and documentation) then ask for more.
It got to the point where my manager asked me to stop bugging the product manager.
I felt a vague disquiet, but having never been laid off before, didn't quite recognize what was coming.
by the_only_law on 2/8/24, 3:33 AM
1. We were owned by a PE company. I should have been more alert if no other reason, but this.
2. Company was banking on a strategy that wasn’t working. Not to go too much into what was happening, but the company had some established legacy products that most of the customers were still using. However majority of the hiring and work being done was all-in on there new suite of software under which the whole company revolved. However they were seeing very little adoption . I worked very close to customers and what I saw was that customers just did not want the new software. I didn’t do what they wanted and was filled to the brim with buzzword-tier features and concepts that no one really cared about.
3. There were a few signs my manager mentioned to me after the layoffs, but I hadn’t been paying too much attention to. There were some sudden reorg choices that didn’t affect me too much, but more than that, there was a seemingly desperate rebrand announced some time before. It didn’t make sense to me at the time, but in the context of 2) it seems more clear. There were also a number of curious lower level executive departures in the months prior.
It was a small SaaS company and they ended up dumping around half of us in late 2022. Not sure what they’re up to now. They’ve done yet another rebrand since and little information remains regarding the old company name and endeavors.
by datadrivenangel on 2/7/24, 5:20 PM
Senior leadership had lost the ability to plan and execute effectively, so I knew something was going to happen.
by donatj on 2/7/24, 2:18 PM
For a year in advance we kept having to break services and databases into two parts or clone services for corporate and for us. It was done under the guise of “we need to be agile” but it made zero sense without the hidden context.
by sloaken on 2/7/24, 3:58 PM
First place, was bought buy a major corporation. They clearly told us they bought us just for our client base. The place had 2000 people at that building when I started. 10 years, and annual layoffs later, I thought I was essential. They had a layoff, woot I am safe this year. Then they laid me off as well as about 100 others, they decided they did not cut enough on prior layoff. This brought the location down to 100, a year later it closed.
Second layoff, was a company I had only been at a year. Biggest sign I had was the new director and my boss did not get along. She and everyone under her was laid off.
Oh well I am better now :-)
by matt_s on 2/7/24, 4:35 PM
If you're at a publicly traded company, pay attention to large shareholder changes and/or things that need to go through SEC and lawyers. It should be obvious what some potential outcomes are and the length of time for the SEC and lawyers to do their work is enough to start looking immediately and land another job.
by xilinx_guy on 2/7/24, 4:32 PM
Another startup, signs of trouble. Didn't take my picture for the corporate web page, and also asked to meet with a lawyer for documenting possible patent claims.
by deterministic on 2/10/24, 12:26 AM
It reminds me of some gangster movie where they are discussing whacking somebody. “But he is a good earner!” saved his life.
by OnionBlender on 2/7/24, 6:34 PM
In the months leading up to this I wasn't working on anything important. The larger project felt doomed to fail or get canceled (it was canceled) . My boss also told me I'm not autonomous enough and that I need to find my own projects.
by a_lifters_life on 2/7/24, 1:53 PM
How did you know?