Tech Employees Worry About Layoffs at Tesla, eBay, Snapchat

Meanwhile, those at Google, Facebook, and LinkedIn feel quite secure, according to a survey by social network Blind

1 min read
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Photo: iStockphoto

Who’s afraid of a looming layoff? Blind, a social network that anonymously connects employees with others in their workplaces, asked its users that question last week, and nearly 9,000 responded.

Overall, the news was good—64 percent are feeling their positions are quite secure right now, answering “No” to the question, “Are you worried about layoffs at your current company?” But that sense of security isn’t spread equally across the tech industry.

Among the most worried are tech professionals at Tesla, with 77 percent answering yes, followed by eBay (72 percent are worried) and Snapchat (71 percent are worried), SAP and VMware (some 66 percent are worried at both). Over at Cisco, PayPal, and Intel, about half of the respondents are concerned about possible layoffs. Meanwhile, such thoughts aren’t keeping too many tech workers up at night at Uber (20 percent), LinkedIn (15 percent), Facebook (12 percent) or Google (11 percent).

The full list is below.

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Asad Madni and the Life-Saving Sensor

His pivot from defense helped a tiny tuning-fork prevent SUV rollovers and plane crashes

11 min read
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Asad Madni and the Life-Saving Sensor

In 1992, Asad M. Madni sat at the helm of BEI Sensors and Controls, overseeing a product line that included a variety of sensor and inertial-navigation devices, but its customers were less varied—mainly, the aerospace and defense electronics industries.

And he had a problem.

The Cold War had ended, crashing the U.S. defense industry. And business wasn’t going to come back anytime soon. BEI needed to identify and capture new customers—and quickly.

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