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by cfltlayoffs
1243 days ago
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Based on the people I know who work at Confluent, the messaging at all hands meetings has been that the market conditions didn't affect staffing plans. Employees make decisions based on the expectation of ongoing employment - if the CEO keeps says "we won't do layoffs" and then you buy a house and get laid off, that seems like detrimental reliance. It's also worth noting many places enshrine in law protections for layoffs because of the power imbalance between employees and employers. |
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Then again outside of visa holders they are naive.
I’ve been working professionally for 25+ years and there isn’t a day after my first year after I built up savings that I depended on my employer instead of my employability to support my addiction to food and shelter.
In the case of Confluent, who depends on a non profitable company to be a sustainable place of unemployment? You go in knowing that any given day that you are going to be laid off and save accordingly.
And no when I graduated from college I wasn’t making an above average salary. I started out making $30K and found the cheapest apartment I could until I saved money.