Confluent Lays off!
https://m.marketscreener.com/quote/stock/CONFLUENT-INC-12404...

This is highly personal for me since I was part of the early Confluent growth story, having seen the company grow from about 150 folks to 1600+ headcount. I was amazed to see the quality of people who joined the company as each person was highly skilled, motivated and talented in their trades across all the functions of the organization.

I treasured the time the team spent at the happy hour every friday and no pay thursday lunch in Palo Alto, as we bonded and built friendships for life.

I understand that this is a difficult time for everyone involved, and I want to express my deepest compassion for those who have been affected by the layoffs, including everyone in the technology sector as a whole. Losing a job can be a traumatic experience, and my heart goes out to all of those who are facing this challenge.

I hope that you can find new opportunities quickly and that this difficult period in your life is as short as possible. Please know that you are in my thoughts and that I wish you all the best during this difficult time.

If you need to speak to someone about how to navigate this cycle, feel free to hit me up. I want to chat with everyone.

I have seen market cycles both good times and bad times. I still remember back in the day when my graduation ceremony coincided with the 2008 market crash. As a new graduate, it felt like the end of the world, however once I refocused my energies to dissect the situation, I found an abundance of opportunities in the downcycle. I realized there is an opportunity in every change and that each opportunity is different and unique in perspective.

I also wanted to add that we need to capture this energy, across the technology sector in general, to reconnect, chat, share ideas and be there for each other, be part of this giant pack, be part of the confluent mafia, that everyone who is still wearing the golden handcuff will be one day regretful. I hope you do realize that this is a pivotal moment that we get to be a part of, that is to re-evaluate our strenghts and re-align expectations to explore new opportunities and position ourselves for the next stage of growth story.

As per the reports, Venture capitalists are burdened with hundreds of billions of dollars that they can't invest in later-stage companies due to economic conditions. There has probably literally never been a better time in history to work on solving real-world problems.

The acceleration of these highly competent people hitting the labor market at the same time is going to create an burst of innovation. This will create an opportunity that will certainly be a prominent pillar in the next economic recovery.

For example, here is a recent post on what others who have left Confluent have been upto:
https://www.linkedin.com/feed/update/urn:li:activity:6953693...

I know some of us got more severance than others, and I know some of us are in more delicate circumstances than others, but let's take a minute to consider the possibilities with each other and at least have a little fun thinking out of the box about what the future could bring.

I hope the following verse from Bhagvad Gita will bring peace and strength to you in the current situation:
"The friction between our desire for the predictable and the mutability of life makes us feel a bit lost. Rather than rail against change, which the Gita says is inherent in all things, the key is to broaden our view by becoming less self-focused, less ruled by our ego. Change the inputs and you change the story. That shift occurs when we deepen our level of consciousness. The only place of unchanging truth, says the Gita, is internal, where we come into alignment with the Self."

Use all your power to free the senses from attachment and aversion alike, and live in the full wisdom of the Self.
—Bhagavad Gita, 2.68