Ask HN: Have you been laid off?
535 by Peretus | 404 comments on Hacker News.
I work remotely as a front-end developer at a VC-funded, series B startup. Funding has dried up as investors with financial exposure to anything retail or entertainment-related are hemorrhaging cash. The company leadership told us that starting immediately, all employees (including the fully-remote workers like myself) are on mandatory unpaid leave. Job cuts in 2019 were already up a whopping 351% from the previous year[1]. Considering the COVID-19 outbreak, I'm concerned that many other tech workers like me might be updating their resumes and entering a stagnant job market. Alternatively, organizations may view this as a great time to gain additional market share. What do you think? If you're a tech worker, have you been laid off or do you expect to be laid off soon? If you are a hiring manager, what is the current hiring status at your company? [1] https://ift.tt/2xK1zwt
535 by Peretus | 404 comments on Hacker News.
I work remotely as a front-end developer at a VC-funded, series B startup. Funding has dried up as investors with financial exposure to anything retail or entertainment-related are hemorrhaging cash. The company leadership told us that starting immediately, all employees (including the fully-remote workers like myself) are on mandatory unpaid leave. Job cuts in 2019 were already up a whopping 351% from the previous year[1]. Considering the COVID-19 outbreak, I'm concerned that many other tech workers like me might be updating their resumes and entering a stagnant job market. Alternatively, organizations may view this as a great time to gain additional market share. What do you think? If you're a tech worker, have you been laid off or do you expect to be laid off soon? If you are a hiring manager, what is the current hiring status at your company? [1] https://ift.tt/2xK1zwt
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