81–90 of 193 posts
Is it that their customers go under, or see the services as nonessential so they get less revenue?
It seems like it should be one of those Netflix-type companies that do better when everyone is remote, than they do otherwise.
I do not have data to back this claim. But the tone of this blog post makes me feel that, the new CEO is an incompetent person who decided to use the vehicle of the covid virus to announce job cuts that he has planned a long time ago. With the crap ton of marketing buzz in the post, and the casual mention of the layoffs, I don't think the CEO or the new board seem to care all that much about the laidoff employees. Ag…
> new CEO is an incompetent person who decided to use the vehicle of the covid virus to announce job cuts that he has planned a long time ago. Why would that indicate the CEO is incompetent ? Doesn’t it stand to reason that management would and should take advantage of the whatever is happening in the wider scheme of things to advance their narrative, and that doing so is indicative of competence within their frame o…
Earlier quoted context omitted.
It's becoming a meme, like a viral tweet said > I like how ads have gone from “buy a toyota” to “this is a difficult and uncertain time for us all...buy a toyota” Like when ever company says how we are in this together or how emphatetic they are in these difficult times it just fills me with dread, the opposite of what they were aiming for, it's clear that talking about the crisis is now just another trick in the PR…
At least with luxury cars, the commercials aren't necessarily to encourage you to buy a new, say, Lexus now , they're to remind Lexus owners that they made the right choice. It's also just hard to write creative, these days.
How is StackOverflow negatively affected by the Pandemic? Is it that their customers go under, or see the services as nonessential so they get less revenue? It seems like it should be one of those Netflix-type companies that do better when everyone is remote, than they do otherwise.
The product you think of as stack overflow that will probably is really just a way for them to drive the right kind of traffic to those revenue sources.
Earlier quoted context omitted.
> new CEO is an incompetent person who decided to use the vehicle of the covid virus to announce job cuts that he has planned a long time ago. Why would that indicate the CEO is incompetent ? Doesn’t it stand to reason that management would and should take advantage of the whatever is happening in the wider scheme of things to advance their narrative, and that doing so is indicative of competence within their frame o…
Take a look around this comment section. This move isn't being received well by anyone and nobody is buying his bullshit. That, and mass layoffs are typically an excellent indicator of incompetence.
The CEO likely doesn’t give a hoot about HN’s opinion.
They probably care about their bonus and how it all advances themselves on their career path.
How is StackOverflow negatively affected by the Pandemic? Is it that their customers go under, or see the services as nonessential so they get less revenue? It seems like it should be one of those Netflix-type companies that do better when everyone is remote, than they do otherwise.
Nobody's hiring. Hence, no revenue.
I have no sympathy for the management. They have obviously done a poor job.
Furloughed, mostly
it's fired, not furloughed.
it's to be able to not lose ability to generate profit, not "to be able to serve our customers"
it's to save 85% who we think are more worth, not "we are all in this together"
How is StackOverflow negatively affected by the Pandemic? Is it that their customers go under, or see the services as nonessential so they get less revenue? It seems like it should be one of those Netflix-type companies that do better when everyone is remote, than they do otherwise.
Their main revenue is from two things. Firstly from their job boards which will be significantly reduced as few companies are hiring. Then secondly from advertising which will also be reduced during times of recession. The product you think of as stack overflow that will probably is really just a way for them to drive the right kind of traffic to those revenue sources.