Elastic.co lays off 13% of team

  • This seems really tone deaf:

    “ As hard as this is for all of us, our future is bright. I look forward to working with you to propel Elastic into that future as we make Elastic a generational brand”, especially since he earlier says those being laid off may not even know that for up to 24 hours.

  • It has stiff competition, but I’m certain that “Elastician” is the worst company demonym I’ve heard so far.

  • If you scroll down to the very bottom there is a big "we are hiring" icon. I wish everyone who was laid off all the best. I wonder if Amazon with it's elastic fork will try to acquire some of the talent.

  • Reminds me of November/December 2008 when absolutely everybody was laying off. I have a sudden urge to open ZeroHedge.com and buy some gold bullion.

  • Just use self hosted OpenSearch. It’ll save your company millions anually if you are large enough.

  • >"I didn't take this decision lightly. Since becoming CEO, I have had the opportunity to spend time with Elasticians around the globe."

    One bizarre side-effect of these layoff announcements is learning all the cringe-worthy names these companies have for their employees. Elasticicans? Tweeps? Stripes? I'm guessing this is a SV thing? Do these infantilizing names actually do anything to build company culture?

  • Not even eight months ago they were recruiting hard.

    Does no-one plan beyond the next quarter anymore?

  • A couple years ago, I was evaluating moving our ES clusters to the cloud. I got quotes from both Elastic and AWS.

    How much more Elastic wanted than AWS, didn't make sense, not even factoring support and hosting. It was like almost twice as much.

    Morally, I get why I should have gone with Elastic. Too bad businesses aren't about morals.

  • Well, companies are doing it to avoid a PR disaster. It's a business move. The big players took the hit from the public (fb, amazon, etc...), then we do it and the public can blame it on the current climate. Let's not forget the Feds literally saying businesses have to ramp up firings to slow down inflation on one side and the current government on the other side is trying to tell the public they are creating more jobs.

    The cynic in me is telling me this is all planned by big tech and government. Heck, Zuckerberg waited to fire his staff a day after the midterms were done. This is no coincidence.

  • Lots of great people there. Condolences to those impacted.

    It's disappointing. Elastic had it. Unforced errors abound.

  • There’s a “we’re hiring” banner at the end of the article… oops.

  • Other things I have heard: 1) the claim is that lower levels of management "were not told". I suspect that is not completely true, since many people's projects had new people parachuting in the last week or two. 2) Survivors are wondering if the selection process was "random". 3) Survivors are wondering if there will be another layoff in January.

  • Here's a question: why on earth didn't Elastic offer a voluntary separation package? They probably would have gotten at least a good chunk of people to accept, reducing the need to behead 13% of the company yesterday.

  • Nice touch, with empathy and such. Blogpost saying we're firing our people along the ad "We're hiring"...

  • How many heads does it come up to?

  • Would be so nice to stop seeing these articles?