301–310 of 593 posts
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The same could be said about a CEO who cuts everybody with 10% and gets a huge bonus at the same time. I'm not disagreeing with you, though.
It was not at the same time. The bonus was paid in December, before the pandemic.
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edit: comment below is correct, this was 2019 (leaving original comment intact for transparency): ____ also a $14M Series A the same month: https://twitter.com/voipsipguruPB/status/1094042447070613504
No, the $14M series A was February 2019.
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If they take the dismissal they get paid out immediately and they can immediately start getting government unemployment benefits. I think?
You don't get government unemployment benefits in the UK if you have >16k in savings (i.e. most programmers, presumably)
Generally uk dev pay is very bad compared to US or even other Europe.
Contract work used to be basically the only way to make good money but this has now been nobbled. Not a good city to work in.
As a result permie developers generally don't have a huge amount of a savings.
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The developer in SF might be financially better off, but the developer in Berlin is better off in general.
The developer in SF will be financially better off thanks to policies that have worsened inequalities more than in any other developed countries.
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Surprisingly, severance is also mandatory in Argentina and many other "under development" countries. I'm absolutely amazed at how people in the US are so against severance being mandatory.
The theory of weaker led on severance is: 1 - If you make it too hard to let people go, companies will be less willing to hire. (You’ve added a cost to the employee) 2 - If you make the cost of severance too high, it will kill companies that might otherwise have a chance to squeak through. There are plenty of good arguments on the other side (companies offloading social costs to the govt, etc) but these two are consi…
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Surprisingly, severance is also mandatory in Argentina and many other "under development" countries. I'm absolutely amazed at how people in the US are so against severance being mandatory.
Americans are amazing like that. "Free healthcare? That's communism!!!"
It's just vastly better organized in a way that (largely) protects consumers from capitalism where it doesn't belong.
Can someone please change the title of this - just as with other similar posts - to use "laid-off" instead of "fired"? Regardless of how loose some may be with language, there's a clear distinction between these terms. For example, my home state's Employment Security Department: https://esd.wa.gov/unemployment/laid-off-or-fired Given that there are non-US readers here, maybe there's another pair of phrases that Hacke…
> There is a difference between being laid off and fired.
> Generally, we treat your job loss as a layoff if your employer is not replacing you, and you'll qualify for unemployment benefits if you meet all of the eligibility criteria.
> If your employer is replacing you, we generally will treat you as being fired.
Some companies here are firing people so that they can replace them with people willing to work at a lower salary.
The article also allows the concept of no-fault firing:
> If you were fired through no fault of your own, such as not having the skills to do the job, you may be eligible for unemployment benefits.
So I think from a dictionary definition, it's an OK title; from an emotional perspective, I can understand how someone telling you that you were fired can be jarring.
However, we should remember that the shame is placed squarely on the shoulders of the company - in any case of firing, the company can always be seen as partially at fault, as it is usually caused by lack of forward thinking, agility, engagement or empathy.
So remember: Whether they laid you off or fired you, it is our job as a community to stand with you.
a quote i remembered from twitter: "This is the best time to get rid of employees". a startup based in London just fired 10% of their workforce. all were given two options: government's furlough scheme where the state pays 80% of the salary, or outright dismissal. interestingly, half chose to quit.
CircleCI. Last week during covid crisis, all while announcing a $100m Series E round of financing, they let some employees go and did not offer any severance. Disorganized management, and with some teams, passive-aggressive management style. Would not recommend joining...
I'm in the final stages interviews and up until now have generally been looking forward to the prospect of working there. This is troubling. Thanks in advance.