News for hackers. Stuff that matters.
Re:Stripe Layoff 14% of Workforce by willio58 on Thursday November 03, 2022 @12:22PM (#33453398)
No amount of money would make the stress of 3 jobs worth it to me. To constantly be letting down people around me would be depressing, don't care if I'm making 500k/yr.
Re:Stripe Layoff 14% of Workforce by thundergolfer on Thursday November 03, 2022 @12:32PM (#33453551)
A single Stripe E3 role (senior eng) can pay over $500k/yr.
Re:Stripe Layoff 14% of Workforce by trimbo on Thursday November 03, 2022 @01:31PM (#33454463)
How much of that $500K is liquid?
Re:Stripe Layoff 14% of Workforce by wetpaws on Thursday November 03, 2022 @01:52PM (#33454774)
this is a $500K question
Re:Stripe Layoff 14% of Workforce by countvonbalzac on Thursday November 03, 2022 @01:55PM (#33454827)
Looks like on average an L3 SWE at Stripe gets paid 215k stock, 218k stock, 34k bonus. So ~53% of pay is liquid (cash), the rest equity in a private company.

Source: https://www.levels.fyi/?compare=Stripe&track=Software%20Engi...

Re:Stripe Layoff 14% of Workforce by thundergolfer on Thursday November 03, 2022 @03:39PM (#33456314)
The equity vesting is a $$ amount though, not a number of shares, so it's less volatile than typical RSUs.
Re:Stripe Layoff 14% of Workforce by animitronix on Thursday November 03, 2022 @01:43PM (#33454658)
And that's why they're having layoffs today
Re:Stripe Layoff 14% of Workforce by throwawaysleep on Thursday November 03, 2022 @12:24PM (#33453424)
They don't care about you. Don't make the error of caring about them.
Re:Stripe Layoff 14% of Workforce by willio58 on Thursday November 03, 2022 @02:05PM (#33454955)
It's not about caring about the employer, it's about living my own life. Your work life is most of what you do for several decades of life. I don't want to suffer, barely squeaking by, stressed and at the brink of being fired by multiple employers for decades. I make a fraction of what some people here make and I still make more than I need. Money beyond a certain amount doesn't make you happier, in fact I'm pretty convinced it makes it harder to be happy.
Re:Stripe Layoff 14% of Workforce by jesuscript on Thursday November 03, 2022 @01:14PM (#33454196)
You may not believe it, but people are fickle. It’s that old Eddie Murphy bit about “What have you done for me lately”. Believe it or not, you have pleased and disappointed your company over and over, back and forth, based on things you did, and they only look at the last thing you did.