Blind TL;DR Edition No. 17: Week Ended March 4, 2022
Blind TL;DR helps you stay on top of what shaped the tech industry this week in about 3 minutes. Keep tabs on the latest with insights straight from the newsmakers—technologists like you.
Layoffs at Google?
Google Cloud, the team behind applications like Docs and Drive, is replacing a part of its team with outsourced vendors. The internet giant recently terminated dozens of technical solutions engineers who support customers. The layoffs affected people in California, Sydney, Zurich and Austin, Texas, plus workers that support Looker.
Find out how Google’s layoffs went—only on Blind.
The RTO coalition
The mayor of San Francisco recently announced a coalition of major companies committed to returning employees to offices by the end of the month. Some of the largest companies in the return-to-office alliance include Google, Meta, Microsoft, Salesforce and Uber.
Most companies said they plan to adopt a hybrid work schedule, which allows for some remote work. Here’s a list of companies that support full-remote work.
Another IPO bust?
After its Nasdaq IPO, Southeast Asia’s delivery and ride-hailing super-app Grab is struggling. This week, the company announced net losses almost doubled to $1.1 billion, and revenue dropped 44% last quarter because it had to spend more to get drivers and users.
Grab traded for less than $4 per share on Friday, more than 70% below its all-time high. Check out what a Grab insider thinks about the company’s performance on Blind.
Did Twitch lose its soul?
The popular video-game streaming service Twitch lost more than 60 employees in the last two months, including at least six top executives. The COO, chief content officer and head of creator development at the Amazon-owned company resigned at the beginning of the year, and some insiders believe more employees will leave soon.
Twitch fans think the problems started when the company hired people who weren’t too interested in the culture of service to the creators and fans on its platform. Blind asks: Is Twitch still a prestigious company to work for?
Big bucks in Texas
Everything is bigger in Texas, and the total compensation packages software engineers and technologists can earn are no different.
We ranked the best-paying cities for software engineers in the U.S., and five cities are in the Lone Star State. We reveal the top cities for pay in Texas, including who is hiring.
Too much influence?
Countries aren’t the only ones sanctioning Russia amid the conflict in Eastern Europe. Some of the largest tech companies, including Airbnb, Apple, PayPal, Netflix, Reddit, Snap, TikTok and Twitter, have stopped doing business in Russia this week, which concerns some technologists.
Do tech companies have too much influence?
Be a newsmaker
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