https://www.marketwatch.com/story/these-zombie-companies-could-feel-the-cash-burn-warns-new-constructs-11656011268?mod=article_inline&mod=article_inline&mod=article_inline
SNAP cr*p
Maybe user are just tired with all the BS? https://www.profgalloway.com/elephants-in-the-room/
They take advantage of the fact that the job market is not very good
Neither mentally nor physically could I tolerate them adding more work to my plate, but that's probably what will happen. I'm overworked and exhausted, but the management doesn't care. They actually take advantage of the fact that the job market is... — read more
How's the job hunt going?
Those who were laid off, have you started looking yet? How is the job market looking right now? Are there enough openings available? I managed to dodge the bullet this time but I'm thinking that it won't be for long. The next round might not happen... — read more
LinkedIn offers
I thought LinkedIn was a safe and moderated place when it comes to who can send out job offers but I was wrong. I've received offers through that site that are obviously scams. It was easy for me to recognize it but what happens to the folks who... — read more
They watched their friends get laid off, then their workload doubled. Meet Silicon Valley’s rattled layoff ‘survivors’
https://fortune.com/2022/09/30/what-its-like-for-tech-employees-who-survive-layoffs-at-company/
Facebook and Netflix
I've heard and read that Facebook and Netflix are trying to grab people laid off by Snap. I was thinking of applying there but I'm not sure that's the best idea since both of those companies have had layoffs recently and have announced more layoffs... — read more
I'm still angry
It's been several weeks and I'm still angry about the whole thing. I was a great employee. I always gave 110% and I was always willing to work late or work over the weekend. I was repaid by being tossed out without a second thought. How do you get... — read more
About time
For those of us who are left, it is about time that we focused on doing things that actually contribute to revenue. (not that I've seen that consolidation yet, but hopefully it will come soon). For too long we've worked on whatever whim senior... — read more
Ugly
https://www.businessinsider.com/snaps-messy-layoffs-locked-workers-out-so-fast-they-couldnt-be-let-go-2022-9
My team was decimated
How we're expected to keep functioning is beyond me. I think they should have just cut all of us and been done with it. There's no way that the few of us who are left can do all the work that I'm sure is going to be expected of us. I'd preferred... — read more
Snap Security Team Layoff
Do you know if the layoff affected the security team. Disclaimer: I do not work for Snap, I do recruiting (focusing on Security)
Evan's Email
Dear Team, Thank you for your patience as we have worked through our 2023 financial planning and reprioritization process. Our forward-looking revenue visibility remains limited, and our current year-over-year QTD revenue growth of 8% is well below... — read more
Severance & Other
From what I heard so far, impacted Snap employees will get 4 months of salary and visa employees get extended period to find the next job. I think this is generious and fair. Visa employees will be especially thankful. On the other hand, other... — read more
Every time our stock goes down 6%...
Our useless CEO announces layoffs. That helps calm the Street, right - it also masks his own incompetence. Also, he's surrounded by a bunch of yes people who are just interested in titles and how much money they can extract from the company. This... — read more
If you are hiring, please respond
we sadly let go of truly gifted, talented teammates today Snap -- if you are hiring (especially in AR or VR), please comment below with links so we can share and route incredible people your way!... — read more
20% Cut, As Expected, All Over the Media Right Now
https://www.bloomberg.com/news/articles/2022-08-31/read-snap-ceo-spiegel-s-memo-to-staff-about-job-cuts
It's about to start
Nearly 1,300 people are going to be let go. It's not unexpected, but I have to say, the number is higher than I thought it would be. With so many tech companies laying off people, I'm worried that the job search will not be easy for anybody who gets... — read more
Here it comes
I was wondering when it would be our turn with all the tech layoffs happening all over the place. I got my answer, sort of. We still don't know how many will be cut or when, but at least we know it's coming and we can prepare accordingly. The next... — read more
Hiring Freeze?
I am hearing about a hiring freeze, the stock just cratered another 25%, so I would not be surprised. The earnings were disappointing and I think there is more pain to come? Anyhow, what do you hear on the hiring freeze, who's impacted and how long... — read more
Imran Khan, Chief Strategy Officer Leaves
Is this the beginning of the end? This is a major blow...
Is it done?
After surviving two restructurings in a month, I'm not sure I can take much more. And I'm not the only one, one more round like this and there will be no more need for any additional layoffs as the rest will walk out on our own. Hopefully, things... — read more
Who else besides the Content team has been impacted?
Snap spokesperson said that the Content layoffs make up less than half of the overall cuts across the company. Anyone know who else got cut?
New York Layoffs at Snap
More to come - here it goes: https://9to5mac.com/2018/01/18/snapchat-layoffs-grow-amid-struggles/ The reports say that the majority of the layoffs are from Snapchat’s content division, which is said to be consolidating its team to the company’s... — read more
More layoffs in the works for Snapchat
This is just a start, more cuts to come... https://www.axios.com/snap-reduces-headcount-plans-slower-hiring-for-2018-2499044572.html Snapchat parent company Snap has laid off employees as it slows its growth heading into 2018, Business Insider... — read more
How many employees does Snapchat have?
I'd like to see if someone can share how employees they have right now (March 2017). I've seen posts on number of employees for 2015 (there was about 300 employees) but wanted to see if the number changed and if yes, how many employees Snap Inc. has... — read more