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SF tech company Okta, worth $14B, accused of retaliatory layoffs

63 pointsby uladzislau12 months ago

3 comments

Manuel_D12 months ago
&gt; Wallander also said she was concerned that “two women were laid off due to what was appearing more and more like gender discrimination.”<p>News sources tell me that Okta laid off about 400 people [1]. The fact that three of them were women is not even remotely enough to conclude that the layoffs were discriminatory.<p>1. <a href="https:&#x2F;&#x2F;www.cnbc.com&#x2F;amp&#x2F;2024&#x2F;02&#x2F;01&#x2F;okta-to-lay-off-7percent-of-staff-about-400-employees.html" rel="nofollow">https:&#x2F;&#x2F;www.cnbc.com&#x2F;amp&#x2F;2024&#x2F;02&#x2F;01&#x2F;okta-to-lay-off-7percent...</a>
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hi-v-rocknroll12 months ago
The courts will have to resolve this. And big companies are gonna do layoff because that&#x27;s their standard formula.<p>Props to their sales people, but it&#x27;s surprising they attained as much sales up to and including some of MAANG with a SaaS business model built on the fallacy of outsourcing authentication and authorization of internal tools and systems to an external third-party. At least it should be totally on-prem.
justinclift12 months ago
Uh oh. Okta seems to be having technical problems over the last few days too (ie automatically logging out the account admin a few seconds after logging in), and the support ticket we&#x27;ve filed about it hasn&#x27;t even been looked at. :(