Not necessarily. But Silicon Valley engineers with startup experience who just lost their job and are likely to accept lowball offers so they can continue to pay their hyper-inflated apartment leases, those people are highly sought after.
I very much doubt engineers laid off from a well-regarded startup like Path would take low-ball offers. I've seen similar situations firsthand many times now, and I'm almost certain they will get multiple competitive offers.
Ha. Actually engineers in general are sought after out here simply because there's a shortage; which is likely due to the fact that outsiders hold your viewpoint.
NOT EVERYONE WHO MOVES TO THE BAY AREA LIVES OR NEEDS TO LIVE IN SAN FRANCISCO. THERE ARE A PLETHORA OF OPTIONS.
Path itself is likely not regarded poorly, but with a shortage of good devs in the valley, I suspect the data people they've (possibly) let go would have had offers. Not so sure about marketing.
Overlooking their privacy issues, the app was well done. The experience felt fresh when the app first came out. A few things I thought were particularly neat: the circular menu for posting statuses, the polished timeline, and the drawer (which to my knowledge they were the first to do).
- silently stole your contacts, a move so shady it prompted Apple to quickly push an OS update allowing a per-app contacts access permission, then
- used the phone numbers of your contacts to send them completely false text messages saying you'd shared (unspecified) things with them on Path in an effort to get them to sign up (even when you had done no such thing), then
- leaked your location even when you had location services disabled for Path, then
- started effectively begging for change (subscriptions) every third screen.
To be fair, every app at the time was silently stealing your contacts. Path was just the one that was singled out because they were high profile at the time.