The Scoop #15: a Reality Check for the Public Tech Markets
Also: are promo committees really killing Big Tech open-source contributions? And a look behind layoffs conducted in secret at Tesla.
The Scoop is a bonus series, covering patterns and trends I observe and hear about within Big Tech and at high-growth startups. Have a scoop to share? Send me a message!
We’re covering a variety of topics today:
Microsoft to disclose pay ranges for all its US job listings. Why are they doing this, and will this move force other companies like Amazon, Google or Facebook to follow?
Amazon trying to save on work-from-home expenses. And getting sued by a software engineer for not paying their internet costs. Why is Amazon being sued, but not other tech companies?
Are promo committees killing open-source contributions from Big Tech? Kubernetes is struggling to hold onto core contributors working at Big Tech. Is this a systemic issue or an isolated one?
Tesla’s secret layoffs. No announcements, one-week severance and disguising mass layoffs as performance-based firings. Will Tesla get away with it, or will this hurt its future hiring efforts?
Downsizing at Sourcegraph: exclusive. Sourcegraph let 8% of its team go, doing so in the complete opposite of how Tesla executed layoffs. Exclusive details. Can other companies learn something from how Sourcegraph did these layoffs?
A reality check on the public markets. Analyzing what Uber CEO Dara Khosrowshahi shared with employees, recently. His message is still very much relevant.