they should be grateful they were paid so well for so long to do so little...chances are they will never see comp like that for work like that again
...and hopefully no one is naive enough to think Google is "done"...after next earnings I expect an even bigger round
the same thing is happening all over tech - go down to a reduced staff of essential contributors and re-hire later for much lower comp
> ...and hopefully no one is naive enough to think Google is "done"...after next earnings I expect an even bigger round
I haven’t seen it talked about anywhere. I’m an ex-googler from layoffs. My old team was massively impacted and some coworkers were put on “delayed exit” to wind down their projects by fall. I don’t know the extent of it company wide but on my old team, the lay offs and delayed exit were 1:1 roughly.
Why would you hear about a confidential layoff plan??
It’s not confidential, afaik, since people were told about it. I’m surprised no one offers up their status as part of it in discussions.
every layoff so far has had a month or more between announcement and implementation
If supply and demand stay the same, then why do you think the price will change?
Do you think the demand for SWEs will be the same in April of 2023 as it was in April of 2021?
Fear. Much of this layoff activity is intended to induce fear. Employees were getting too uppity. Talking back to management. Doing side projects. Talking with each other about wages and working conditions. Even forming unions. That had to be stopped.
"A touch of the lash will keep them in line."