One of their most popular uses is for job hunting and spreading the word about open positions
The Airbnb alumni Slack group, which is over 3,000 members strong, proved to be a particularly valuable resource for former employees when the company launched its initial public offering at the end of 2020. Fiona Tay, an engineering alumna, wrote a resource guide about stock options for former employees in advance of the company going public.
Not all networks are supportive of or nostalgic for their alma mater, though. Former employees often use their networks to trade gossip about their old company, air grievances and opine about the business’s evolution, particularly in the case of acquisitions, layoffs, or other less-than-happy exits. Sara Gunderson, who worked as a designer at Sears before it shut its New York design office, wonders if “there’s something about a negative experience or a layoff that spurs the need for employees to start their own group, their own support network outside of company sponsored ones.”
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