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Re:Coinbase lays off around 1,100 employees by subsubzero on Tuesday June 14, 2022 @02:05PM (#31743442)
Wow that severance is incredible! They reached out to me awhile ago but thought their whole platform being tied to crypto was extremely risky. Engineers need to save for bad times and have months and months of cash for downtimes as in 3-4 months there will be alot of people looking for jobs.

Fun fact in 2009 I interviewed at google and the HM said that 500 people applied to the job I was interviewed at(onsite) and there were 3 others that were also brought onto the onsite, so 4 out of 500 getting a chance to interview, with only one making it. Lets hope it doesn't get that bad again.

Re:Coinbase lays off around 1,100 employees by pram on Tuesday June 14, 2022 @02:34PM (#31743858)
I mean, that was Google. In 2010 I got a Linux admin job from a 30 minute call so it's not like employment was an impossibility.
Re:Coinbase lays off around 1,100 employees by myth_drannon on Tuesday June 14, 2022 @03:43PM (#31744981)
Right, I got an incredible remote startup job in 2009 after two 30 minutes general phone interviews. It was my longest unemployment period ever of about 4 months. This time can't be as bad as 2008.
Re:Coinbase lays off around 1,100 employees by Shindi on Wednesday June 15, 2022 @11:58AM (#31754987)
> the HM said that 500 people applied to the job I was interviewed at As someone who interviewed candidates in big tech, this sounds like a lot but you have to understand most people who apply are truly not qualified in any way. About a third of people who get to the onsite fail really hard (I get people have off days).

Especially when you have a brand like Google, people apply just to apply all the time w/o considering if the big G is a good fit at all.