Re: Brilliant
compromised hosts and poor customer support.
Not necessarily. It is well known that in a typical office you have people with varying productivity. So if the layoffs went to the least productive, they'll be fine.
However, in a company that has WAY too many staff members, it's more likely to be arbitrary.
I'm definitely thinking about Elon Musk's recent dealing with Twitter. A whole lot of people were "deemed unnecessary" and from the look of things, that was mostly right. Also apparently gone at Twitter are those meditation rooms, wine dispensers, and free lunches. Yeah, that's where you trim the fat FIRST (not people)
In any case if the staff reductions at Digital Ocean were careful and smart, they'll be OK. [They should also do what they can to help find work for the unlucky ones, since it is in their own best interest as well]. But if they are arbitrary and driven hy anything OTHER than making the new office 'lean and mean', look forward to MORE OF SAME.
But I suspect 'not OK', and the main reason for revenue loss has been a general failure in marketing and forecasting. 2022 saw a HORRENDOUS amount of inflation, especially for the energy sector, interest rate hikes to "fix" it [but when inflation is caused by runaway gummint spending, it just stag-flates things], and apparently they are headquartered in New York City which is NOT helping. [NYC is an extremely expensive place to live and wages are artificially high, like San Francisco, Palo Alto, etc.]
In other words, if they had kept their eyes open they might have seen this coming. I actually expected the inflation etc. to happen as soon as oil prices began to rise due to 'new gummint policies' on U.S. domestic oil etc. because to ME it was obvious. But I digress. [hedging their bets or planning to move out of expensive areas might have been a way to avoid the layoffs]
And of course the ones who lose the most are the ones who were relying on them for a paycheck, and got sacked.