> That said: where do I sign up for 16 weeks of severance pay?
The cruel irony is that having Shopify on your resume will open a lot of doors and likely result in a shorter job search than those laid off from lower-profile companies with less severance.
For point of comparison, my no-name series-D gave us a little over two weeks… and I’m unfortunately still looking 20 weeks later.
Yeah, I was laid off from a no name SaaS company owned by a PE firm. Most of my resume is either no names or known names, but in non prestigious, non tech companies
Absolutely dreadful job search. Six months and nothing. A couple of awkward interviews that went nowhere. No one will touch me, and the few that do have pretty obvious issues. Meanwhile, friends that have well known names on their resume (even if it’s for infamy) are doing fine.
Could work the other way to for some people, imo - some folks I know won't even consider interviewing ex-google, ex-meta, ex-amazon folks, thinking they have been overpaid and/or pampered for years, and even if they are temporarily willing to accept a much lower salary, will be the first out the door when another better paying opportunity comes along and/or the FAANGS start hiring again.
The picture painted in the media of these 'pampered' employees - true or not - does affect the perceptions of some hiring managers.
The cruel irony is that having Shopify on your resume will open a lot of doors and likely result in a shorter job search than those laid off from lower-profile companies with less severance.
For point of comparison, my no-name series-D gave us a little over two weeks… and I’m unfortunately still looking 20 weeks later.