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Layoffs hit Quora

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131–140 of 283 posts

Re: Layoffs hit Quora

#131
post #59

Not sure if a bit of confirmation bias on my side but seems like there is a recent big uptick of layoffs at Silicon Valley companies? Popular ones like Quora, TripAvisor, Ebay, Mozilla, Uber, 23andMe, etc we hear about but among my own network, i am even hearing it from smaller startups & businesses. Just wondering if it is just me but I am surmising that it seems to indicate a wider systematic.. issue? Maybe issue i…

Tripadvisor is boston right?

Re: Layoffs hit Quora

#132

Earlier quoted context omitted.

You realize jobs are abundant and rents are affordable outside the Bay Area? My mortgage on a huge historic cotton mill loft with brick walls, 23'' ceilings, and city views in Atlanta is less than your rent. You could consider getting out.

Suppose you rent a one bedroom for 4k in SF. You can do better than this, but let's go with it. And suppose your mortgage is 2k, and you make a solid salary of 200k in Atlanta. It seems like a no brainer to move. But you're ignoring the fact that someone of equivalent experience could get a paycheck of 500k here. That pay differential swamps trying to optimize by tightening the budget.

My total comp (salary plus RSUs) is 400k, and my (now fully vested and liquid) stock options are worth 2.5M. I realize not everyone can replicate that, but I did this in Atlanta, not SF.

I also can drive 7 minutes to work or run 30 minutes on the Beltline and shower when I get in.

There are more trees here than SF, and we have full seasons. It's also way more diverse. Not everyone is in tech. The dating scene is great.

SF isn't all it's made out to be.

Re: Layoffs hit Quora

#133

Earlier quoted context omitted.

I keep waiting for someone to realize Bay Area rents have gone up 100%-200% since 2008, but the max unemployment in CA is still $450 per week. I was laid off in 2009, and between that and severance, I could manage. It's going to be a lot harder in the next recession.

You realize jobs are abundant and rents are affordable outside the Bay Area? My mortgage on a huge historic cotton mill loft with brick walls, 23'' ceilings, and city views in Atlanta is less than your rent. You could consider getting out.

By tracks, by any chance? Doesn't narrow it down much in Atlanta (specifically with mills), but if you're talking where I think you're talking, I'm ~2 mi from you. ;)

Re: Layoffs hit Quora

#134
post #133

Earlier quoted context omitted.

You realize jobs are abundant and rents are affordable outside the Bay Area? My mortgage on a huge historic cotton mill loft with brick walls, 23'' ceilings, and city views in Atlanta is less than your rent. You could consider getting out.

By tracks, by any chance? Doesn't narrow it down much in Atlanta (specifically with mills), but if you're talking where I think you're talking, I'm ~2 mi from you. ;)

Nailed it!

Re: Layoffs hit Quora

#135

Earlier quoted context omitted.

The Fed is pumping money, the yield curve inverted, job openings are flat/declining, people have been predicting recession for 2 years... the precise date of an actual recession is not declared until long after the fact, but I certainly wouldn't bet on the recession not having started already. And there are strong political reasons to avoid any mention of recession, so we might see economic indicators getting distort…

> the yield curve inverted The yield curve is no longer inverted.

Right. For example, after the yield curve inverted in 1998, it normalized and inverted 4 more times before the 2001 recession started. It doesn't say much besides "something weird is happening with the economy".

Re: Layoffs hit Quora

#136
post #59

Not sure if a bit of confirmation bias on my side but seems like there is a recent big uptick of layoffs at Silicon Valley companies? Popular ones like Quora, TripAvisor, Ebay, Mozilla, Uber, 23andMe, etc we hear about but among my own network, i am even hearing it from smaller startups & businesses. Just wondering if it is just me but I am surmising that it seems to indicate a wider systematic.. issue? Maybe issue i…

GMAFIA, not FAANG.

Re: Layoffs hit Quora

#137

Earlier quoted context omitted.

Suppose you rent a one bedroom for 4k in SF. You can do better than this, but let's go with it. And suppose your mortgage is 2k, and you make a solid salary of 200k in Atlanta. It seems like a no brainer to move. But you're ignoring the fact that someone of equivalent experience could get a paycheck of 500k here. That pay differential swamps trying to optimize by tightening the budget.

My total comp (salary plus RSUs) is 400k, and my (now fully vested and liquid) stock options are worth 2.5M. I realize not everyone can replicate that, but I did this in Atlanta, not SF. I also can drive 7 minutes to work or run 30 minutes on the Beltline and shower when I get in. There are more trees here than SF, and we have full seasons. It's also way more diverse. Not everyone is in tech. The dating scene is grea…

I've actually been thinking of moving to Atlanta recently. I live in Portland OR right now, so the sprawl of Atlanta scares me, but I've heard there are good walkable pockets of it.

I walk my dog 2 hours a day; are there places where the sidewalk density is high enough and the busy road density low enough that I could do that and have some route optionality so I'm not just doing the same walk all the time?

Re: Layoffs hit Quora

#138
post #68
post #65

Earlier quoted context omitted.

Have you considered that Quora is failing because it's user-hostile? I do not visit Quora links on Google because I know it's going to tease me with a snippet and force me to login.

That plus it seems >90% of answers are guerilla advertising

Pretty impressive though sometimes. I wonder if those people used their heads into something actually productive

Re: Layoffs hit Quora

#139

Earlier quoted context omitted.

I keep waiting for someone to realize Bay Area rents have gone up 100%-200% since 2008, but the max unemployment in CA is still $450 per week. I was laid off in 2009, and between that and severance, I could manage. It's going to be a lot harder in the next recession.

You realize jobs are abundant and rents are affordable outside the Bay Area? My mortgage on a huge historic cotton mill loft with brick walls, 23'' ceilings, and city views in Atlanta is less than your rent. You could consider getting out.

My point wasn't that CA rent is expensive, just that benefits need to keep up with cost of living, and I'm ~fine with paying for in taxes for it.

I'm fully aware that I pay the "California Tax" to live somewhere with good weather, outstanding universities, and to work with some of the smartest people in my industry. But that's what I value right now. Different people are looking for different things.

Re: Layoffs hit Quora

#140

Earlier quoted context omitted.

Is it actually theft, or do you actually mean it's something more mundane like copyright infringement or a TOS violation?

I don't know what the legal definition of theft is, but to me if you take something without permission (even if it is just a copy) it is theft. Of course, I'm nobody, so it doesn't matter what I think. However, if we all acted like humans instead of lawyers (which by definition are no longer human), I think most people would agree with the above definition.

It seems to me, conflating copyright infringement with theft is little better than conflating it with piracy. Both are hyperbolic.

To be honest, it's not even clear to me that what google did was copyright infringement. It seems distasteful, even dishonorable, but I'm not convinced it goes beyond that.

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