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How screwed am I? (programming.dev)

submitted 1 year ago by [email protected] to c/[email protected]

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I started working for a big corporation about six months ago. Turns out a few months before I started there was a new CTO hired from a startup. This CTO has been on a hiring spree and basically hired all of the technical staff of the startup he came from (to the point that they're suing the company I work for).

All these people from the startup have their own office, away from all the corporate offices. And they're writing something (that they won't reveal) in what they refer to as their bunker. The best we can gather is that they're coming up with modern equivalents of all the backend services. This would mean that everything the devs do in the office I work in will be redundant.

I have the feeling that within a year or so (maybe less) there'll be mass layoffs of all the existing devs. Am I being paranoid?

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[–] [email protected] 20 points 1 year ago (1 children)

Yeah. Everything depends on the complexity of the product, but it's just as likely that it's the new CTO and his team that gets canned when they get bogged down in the details and the costs start racking up.

[–] [email protected] 8 points 1 year ago

Startups inside companies usually get shut down once the bill gets too high. I've experienced this first hand