Declined P7

BC HR is working overtime on this forum to try to convince engineers to take pay cuts and gamble by accepting these lowballing offers. If you have been in the tech workforce long enough, you know for a fact that any employer who lowballs you with an offer is not worthy of you joining and contributing to the success of the company. I fully agree with the OP. I too declined the offer. I am P7 in Palo Alto. The base was cut by 20+%. Higher bonus "target" and RSUs for the next 4 years are similar to what I would get in many other places. However, it is clear that each engineer will be competing against 2 others for one position by September 2024. You might be cut during the April layoffs or the June layoffs. If I am to accept an offer, and I know at least two layoffs are planned, what would the culture look like? How toxic will management and colleagues become for self-preservation, especially if you are on a visa and this is your last opportunity to stay in the United States? You will commit "what?" to staying and kicking everyone out regardless. I see that this is a recipe for disaster to happen. The culture will be extremely toxic and counterproductive. It will have a major impact on your health if you are over 40, as I am. It is also clear that the bonus will be paid at 70% in the first year. Make your calculations on that; it will barely depend on your productivity. It is designed this way to intimidate engineers. If I were in my 20s, I would probably take this challenge and do everything to get through the first 2 years, hoping that RSUs will make a profit (which I doubt given the deteriorating BC business in Europe and China). With that, I declined the offer, and I warn anyone still making decisions to listen to the voice of optimism trying to convince you to look at the total compensation based on the inflated numbers they gave us.

Posted by Anonymous (Anonymous) 2 years ago

0 points.