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Amazon placed him on a PIP. Here's how he bought himself time to find a new job. [Business Insider]

HubSpot, Inc. (HUBS)  More Company Research Source: Business Insider
Last hubspot, inc. earnings: 2/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hubspot.com
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Michael Permana was placed on a performance improvement plan by Amazon. He worried his software engineering job was at risk, so he took paternity leave. He said he did it to protect his finances and buy himself time to find a new role. When Michael Permana learned that his time as a software engineer at Amazon might be running out , he made an interesting decision: he took paternity leave. In late February 2023, Permana was placed on a PIP. "I was desperate because from what I'd heard, once you are in a performance improvement plan, you are on your way out at Amazon," said the 47-year-old, who lives in Fremont, California. He began applying for jobs right away, but knew it could take a while to land something new. He had a mortgage to pay, so he decided to buy himself roughly two months of breathing room by using the remainder of his pa [Read more]

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Stockreport

Amazon placed him on a PIP. Here's how he bought himself time to find a new job. [Business Insider]

HubSpot, Inc.  (HUBS) 
Last hubspot, inc. earnings: 2/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hubspot.com
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Michael Permana was placed on a performance improvement plan by Amazon. He worried his software engineering job was at risk, so he took paternity leave. He said he did it to protect his finances and buy himself time to find a new role. When Michael Permana learned that his time as a software engineer at Amazon might be running out , he made an interesting decision: he took paternity leave. In late February 2023, Permana was placed on a PIP. "I was desperate because from what I'd heard, once you are in a performance improvement plan, you are on your way out at Amazon," said the 47-year-old, who lives in Fremont, California. He began applying for jobs right away, but knew it could take a while to land something new. He had a mortgage to pay, so he decided to buy himself roughly two months of breathing room by using the remainder of his pa [Read more]

IMPACT SNAPSHOT
EVENT TIME:
HUBS
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS