DigitalOcean Profits Up, More Stock Buybacks, but lays off 11% anyways

Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by steponlego on Thursday February 16, 2023 @08:24PM (#34829429)

Lots of ESG hires who aren't doing shit other than organizing "events" and finding issues to complain about, this is dead weight.

[ Parent | on HN ]

Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by syspec on Friday February 17, 2023 @11:44AM (#34836948)

Doesn't seem like that, most of these were engineers

https://www.crn.com/news/cloud/digitalocean-layoffs-engineer...

[ Parent | on HN ]

Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by syspec on Friday February 17, 2023 @11:50AM (#34837028)

Doesn't seem that way. Most of these were engineers - https://www.crn.com/news/cloud/digitalocean-layoffs-engineer...

[ Parent | on HN ]

Re:DigitalOcean Profits Up, More Stock Buybacks, but lays of... by steponlego on Friday February 17, 2023 @08:10PM (#34842794)

While the link does say that seven engineers were let go, it doesn't say how many other people were. There's no additional information, is this whole story about a mere seven people? It appears to be. So were only seven laid off? Doesn't say. Seems like CNN is leaving out some information.

[ Parent | on HN ]