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Buffer Layoffs

open.buffer.com

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Re: Buffer Layoffs

#81
post #74
post #60

Earlier quoted context omitted.

How many times do I have to get annoyed at my kid for waking up in the middle of the night before you're OK with me kicking him out of the house? Keep in mind that he is currently 11 months old...

Kicking your child out of the house for doing what a child does is not in your long-term self interest or his.

Correct. Put him up for adoption instead.

Re: Buffer Layoffs

#82

Earlier quoted context omitted.

I agree with everything you said. But it doesn't address why you think secrecy is always necessary.

If you work because you need a job, and your company is transparent, and its in a financially precarious state, why would you stay?

In this case though, the graph shows that the layoffs are bringing Buffer to profitability. If they kept that secret and just told the employees not to worry, they would be just as likely to assume that management was merely decreasing the burn, in which case their assumption would be worse than reality. Secrecy cuts both ways.

Re: Buffer Layoffs

#83
post #67
post #52

Earlier quoted context omitted.

I'd say no relationships, including family relationships, should be maintained if they aren't in the long-term self-interest of all parties. In other words, every relationship is a trading relationship, and the currency of the realm isn't always, or even often, monetary in nature.

Perhaps true, in a real super rational techy view of the world, as long as by long term you mean the entire life of all the family members. But not a particularly useful observation, just as the concept that "giving to charity is an act of selfishness, since people only only do it to feel better about themselves" might be true but is not useful.

I try to live my life as an empiricist. I didn't choose the family that I was born into. If my family treats me poorly, abuses me, etc., then bailing out on them makes sense.

In the same way, if someone in your life never shows curiosity or empathy towards you, you should probably leave the relationship.

Re: Buffer Layoffs

#84
> Reflecting on it now, I see a lot of ego and pride reflected in that team size number.

This is one of the worse diseases I see in the tech world. I have friends who, when asked how their company is doing, respond with something like "great! We just hired a dozen more engineers."

I'm pretty sure a better answer is "great! We just got X customers," or "great! We're profitable now!". Not how big your fief is. (But, mentioning fiefs, I'm struck by the notion that a startup is just a business unit of a loosely-organized corporation and CxOs thereof just middle managers for an investor-class executive group.)

Re: Buffer Layoffs

#85
Are we seeing these event more frequently than before or is it just a matter of perception?

Anyway, despite being a tough time for them; it's good to know they live in reality and not in a "unicorn-themed-chase-party".

Re: Buffer Layoffs

#86
post #52

Earlier quoted context omitted.

I'd say no relationships, including family relationships, should be maintained if they aren't in the long-term self-interest of all parties. In other words, every relationship is a trading relationship, and the currency of the realm isn't always, or even often, monetary in nature.

I recommend not having children if you're only keeping them as long as it serves your self interest.

I recommend thinking carefully about what is to your long-term self-interest, and then acting accordingly.

That would include not creating children if you and your partner are not certain that you want them and will do what is required to raise them in a peaceful, loving and rational home.

Re: Buffer Layoffs

#87
post #7

FWIW, here's their public spreadsheet of salaries and calculations. Not sure if it's been recently updated (on closer look, seems to reflect the founders' stated pay cuts, and new hires as recent as last month): https://docs.google.com/spreadsheets/d/1l3bXAv8JE5RB9siMq36-... edit: Adding links to their blog posts: https://open.buffer.com/transparent-salaries/ https://open.buffer.com/introducing-open-salaries-at-buffe…

Well, I am apparently massively underpaid. And I have to commute to work. Lose-lose.

I was thinking, a lot of them are _underpaid_. I work remote as well.

Re: Buffer Layoffs

#88
post #56

Earlier quoted context omitted.

That does seem astronomical. $4,000 per employee if they have ~100 employees like they say. Anyone think their salaries are absurdly high for some locations and positions? They've got Adnan working as an "Advanced Backend/Frontend Developer" in Sri Lanka, making only $65,104. This actually makes sense to me because Sri Lanka's cost of living is pretty low. But they've got an Advanced "Happiness Hero" which I presume…

$4,000 would barely cover business-class airfare between SF Berlin for one employee. Not to mention accommodations, event space, meals and entertainment.

Are you saying it is customary to fly people business class in the Valley, rather than coach? Especially for a team retreat?

Re: Buffer Layoffs

#89

This may be a little cynical but: "With our culture of bringing our whole selves to work and seeing team as family, with shared values we live by,..." In the American business world, you are an employee until you aren't. Confusing being an employee with being "family" is a mistake, both for the company and the employee. When times get bad, companies do what it takes to survive, including throwing employees overboard.…

My rule is this : if I have equity then I am family. No equity, I am just an employee.

Some startups take your equity off you if you leave.
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