Red Hat Forced To Hire Cheaper, Less Senior Engineers Amid Budget Freeze
Next year, IBM's Red Hat plans to cut back on hiring senior engineers in an effort aimed largely at controlling costs. The Register reports: An internal email sent on Wednesday by Timothy Cramer, SVP of software engineering, to Red Hat managers directs hiring requisitions to be made at a lower level of seniority than usual. "All new plan reqs should be opened at a level below senior (e.g., Associate Software Engineer or Software Engineer)," the message says. "While this change allows us to use our budget more effectively, it also helps us balance the organization as we have many engineers with senior titles. We recognize that this will mean we need to plan for training and mentoring, promotions, and internal mobility as well, and we are here to support you in that." The hiring budget update also says that current requisitions and backfills -- positions vacated that need to be filled -- should be offered at a reduced level. "All current reqs and future backfills will be down-leveled by one level by default (e.g., Senior Software Engineer to Software Engineer)," the memo explained. [...] Our source expressed concern that this decision, which applies to new hires, will harm the company. If Red Hat is unable to offer competitive pay or hire senior people, our source suggested, that's likely to limit the company's access to talent and to make it more difficult to retain existing skilled employees. "The best talent wants to work with other like-minded and skilled people," our source said.
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