Stripe Layoff 14% of Workforce

Re:Stripe Layoff 14% of Workforce by striper123 on Thursday November 03, 2022 @07:38PM (#33459534)

When I was hired about a year ago, there was already not enough work to be done on my team. We were already consistently going into the "tech debt backlog" just to keep everybody saturated with work -- and even then had to do a "we'll just reserve some capacity for you for things that come up later in the sprint" (things never came up.)

And even at that point, my team doubled in size over the next few months with no increase in work. Stripe over-hired badly. Very badly. I also wish I got laid off today. The 14 weeks severance would have been a godsend for me.

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Re:Stripe Layoff 14% of Workforce by chasd00 on Thursday November 03, 2022 @09:42PM (#33460691)

yeah it's hard for me to wrap my head around this. I'm very well paid and have a lot of money in the bank but grew up poor so the moment i'm unemployed all i can think of is the wolves will be at the door any minute. A break or like the sabbaticals people take because of "burn out" seem like an unacceptable risk to livelihood. Again, i think it just comes from growing up poor but if i'm not working i get really really scared that i'm two steps away from living in a shelter no matter how much is in savings/investments.

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Re:Stripe Layoff 14% of Workforce by Jagerbizzle on Thursday November 03, 2022 @10:20PM (#33461109)

I don't intend to come across as trite, but based on my reading of this comment I'm sure you'll find another satisfactory job soon. Relax and enjoy the time to reflect.

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Re:Stripe Layoff 14% of Workforce by nicbou on Friday November 04, 2022 @04:08AM (#33463400)

If possible, live below your means and set some money aside. It does a lot to diminish that fear.

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