#uncertainty

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I was marked safe today, this is what I know

First, I want to say how terrible I feel for everyone who was impacted by these layoffs and didn’t want to be. I’ve been thinking about this nonstop since last week’s earnings call, especially knowing that some of my friends were among those affected.

I was fortunate enough to be told today that my position is safe, and I wanted to share what I’ve learned in case it helps ease some of the uncertainty others are feeling.

We were told that employees are being notified department by department, and today was our department’s turn. Based on what was shared, if your department has already gone through the process and you weren’t notified, you should be safe.

We were also told that the layoffs are expected to continue through Friday, at which point the process should be complete.

I know how stressful this uncertainty has been, and my thoughts are with everyone who has been affected.


Baffled by the layoff strategy

Love the bespoke approach to restructuring here. Other companies commit the rookie mistake of just naming a number and ripping off the Band-Aid—which accidentally stabilizes their stock price. Why settle for shareholder confidence when you can drag out the suspense and run a company-wide game of musical chairs instead?


VBG Leaders - VPs, SVPs, EVPs - are the WORST

Zero understanding of what their people do day to day. Say yes to everything without understanding time, cost, or impact on priorities.

No domain experience. More time spent on building personal brands vs Verizon brand.

“Good hair” or “good on stage” is more important than competence.
More concerned with flying around the world to do town halls in front of 14 people than spending time walking the halls to see what their people are really doing.
Claim that people are the most important asset or “year of culture” but say nothing in times of uncertainty.
I’m so fed up with every one of them, their air of superiority, and their recurring bad decisions.


Pacific Beach Businesses Shut Down by Water Main Break

A broken water line in Pacific Beach has caused significant disruption to local businesses. Ramen Ryoma, a popular eatery, has been forced to close its doors due to related electrical issues. This closure has led to the layoff of all restaurant staff. Employees are facing uncertainty regarding reopening timelines. The City of San Diego is awaiting repairs on the property side before it can reconnect its service.

San Diego, California

https://www.cbs8.com/article/news/local/working-for-you/water-line-break-force-pacific-beach-businesses-to-temporarily-close/509-f2adf8d7-4e19-4a7f-9eeb-8ad52e64c6dc


Feels like we are in a permanent layoff cycle.

it's so frustrating, humans need stability to be productive and this is so crazy right now. i know it'll be over soon but rest assured they will come up with something even worse and we'll have to worry again. it looks like the entire economy is in this space right now, even the companies that are valued in trillions are doing the same thing.

i am not sure that this is how life should be lived. sometimes i feel i should have started a business of my own from the get go, no matter how good or bad it would turn out to be - at least i'd be sane.


Lost my job at Zoom... is there ANY tech company left that actually offers job security????

I recently lost my job at Zoom and now I'm looking for another software engineering position... but honestly one of the biggest things on my mind isn't even salary or benefits anymore. It's "stability" (if there is a such thing nowadays)........ I just want to work somewhere where I don't have to constantly worry about whether my job is going to disappear in the next round of layoffs. I know the tech industry has always had its ups and downs... but at what point did it become normal to assume that every company is eventually going to lay people off??? You join a company, get comfortable with your team, learn the systems, build relationships... and then suddenly you're back looking for another job. It's exhausting just thinking about having to start the whole process over again.

What makes this soooo frustrating is that I actually enjoy software engineering. I don't mind working hard, learning new things or dealing with challenging projects... I just don't want to spend the next several years constantly wondering whether I'll still have a job six months from now.

And now that I'm looking again I'm wondering how you're even supposed to evaluate job security during interviews. Every company is going to tell you they're growing, that business is doing well and that they're investing in engineering... but what does any of that actually mean anymore???? A company can be hiring today and cutting employees tomorrow.

Someone suggested that I should just start my own business if I want stability... seriously???? Because startups are famously stable and successful, right??? I mean I understand the argument that owning your own business gives you more control, but starting a company isn't exactly my idea of reducing financial uncertainty.

At this point I'm genuinely curious whether there are software engineers out there who actually feel GOOD about their employer's stability. Not just people who survived the latest layoffs... but people who work at companies with a track record of treating employees well and not constantly reorganizing or eliminating positions.

I'm not necessarily looking for the highest paying job anymore... I'd rather find somewhere I can settle in, do good work and not have layoffs hanging over my head every few months. Maybe that's unrealistic in tech nowadays... I really hope it isn't.

Are there any SDEs here who are actually proud of their company's stability?


The organization is falling apart under the weight of the uncertainty

Talk about a horrible way to roll this out. Everyone know is stressed, on edge, and completely in the dark about what’s coming, all the way up to the VP level.

The mental health toll experienced by the employee base is significant and the company the hit to morale will be significant, even for the folks that stay.