Blind TL;DR Edition No. 41: Week Ended Aug. 19, 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.
Here we go again
Apple employees will now have to spend more time in the office. The iPhone maker will require in-person work for at least three days a week after Labor Day—up from the current two days. Staff will now need to come in on Tuesdays, Thursdays and a third day determined by their team.
Find out which companies have followed Apple’s lead on Blind.
Goodbye, rest and vest!
Google Cloud’s sales division means business. Leaders warned their team that there would be blood on the streets if performance didn’t pick up. The internet giant has taken an all-hands-on-deck approach to improving focus and productivity. Some employees think the result of the sprint would be layoffs, especially after the company extended its hiring freeze.
See if layoffs are in store at Google—only on Blind.
They spent billions of dollars on this?
Meta launched its flagship virtual reality app Horizon Worlds in France and Spain, and all anyone can talk about is the ugly announcement photo. The company has spent billions of dollars on the metaverse and plans to invest even more. Soon, there will be a web version so people can join the virtual world without a dedicated headset.
Learn why the metaverse looks so bad.
Engineering cuts might be on the way
Maybe Compass isn’t a tech company after all. The real-estate brokerage told Wall Street that it would make significant cuts to its technology budget soon. The pullback might include cuts to entire teams. Also on the cutting block are the stock and cash bonuses it pays real estate agents.
Get the scoop about possible engineering layoffs.
Is San Francisco dead?
Two years into the COVID-19 pandemic, many cities have bounced back. New York real estate is booming again, and some cities like Austin and Miami have taken in waves of new residents. However, San Francisco still seems to be behind. Unlike other places, commercial real estate projects have stalled, and offices and small businesses remain mostly empty.
Join the debate: Is San Francisco dead?
The questions you should ask if you’re interviewing
It’s easy to forget that you are interviewing a company just as much as they are interviewing you for a role. Despite the news of hiring freezes and layoffs, the job market is still hot. Most professionals can afford to be picky. It can pay off to do your due diligence.
This is what you should ask to get the most out of your interview.
Be a newsmaker
Make an impact with your work. The top companies in the headlines are using Blind to grow. Find out how you can get an offer from some of the most innovative and fast-growing companies.
