LinkedIn Layoffs India
Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people.
Like whats happening man!!! Is the company dumb or what?
(1) Reduce cost of human capital -> (2) Post better EBITDA numbers in earnings calls -> (3) Get big bonuses and sell ...
It makes sense for company to layoff overpaid employees & hire similar skilled employee at lower salary.. Isn't it?
With every passing day I feel career in tech is no longer sustainable for future