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Tell HN: I'm Afraid We're Shutting Down

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Re: Tell HN: I'm Afraid We're Shutting Down

#81
“These are some of the most sincere, honest, and heroic people I’ve ever met.”

Yeah, I think we’re too hard as a nation on ex-cons. But they’re not heroes because they went through self-imposed hardships (and almost always at the expense of someone innocent). And they’re certainly among the lower rungs of honesty by categorization. Nowhere near the top.

If this sounds harsh, just act their victims.

Re: Tell HN: I'm Afraid We're Shutting Down

#82

When the economy and job market began storming back, we were inundated with inbound requests for our services. Our perseverance seemed to be paying off. Except now we were hit with a new gut punch: “The Great Resignation.” Now our workers were reticent to come back to work. And if they did accept a job, they’d often leave after only a few days. As in the workers you placed, employees of 70MR? Why would they leave aft…

I would also like more information about this phenomenon. What’s the scale of this? For example, how many people accepted a job and then quit within a few days? How did it impact these people’s lives? For example, did this result in increased recidivism? If so, at what scale?

I had a conversation with an HR friend of mine recently. According to her, she is inundated with fake requests for unemployment from people that never worked at her employer. Or people join, then quit promptly and apply for unemployment. This is in California.

I would think the state would have protections against this type of thing, but maybe not.

Re: Tell HN: I'm Afraid We're Shutting Down

#83

“These are some of the most sincere, honest, and heroic people I’ve ever met.” Yeah, I think we’re too hard as a nation on ex-cons. But they’re not heroes because they went through self-imposed hardships (and almost always at the expense of someone innocent). And they’re certainly among the lower rungs of honesty by categorization. Nowhere near the top. If this sounds harsh, just act their victims.

There are many, many victimless crimes that people are unreasonably incarcerated for.

Re: Tell HN: I'm Afraid We're Shutting Down

#84

When the economy and job market began storming back, we were inundated with inbound requests for our services. Our perseverance seemed to be paying off. Except now we were hit with a new gut punch: “The Great Resignation.” Now our workers were reticent to come back to work. And if they did accept a job, they’d often leave after only a few days. As in the workers you placed, employees of 70MR? Why would they leave aft…

Back to the way it was pre-pandemic. I work for a Fortune 100 company with great pay and fantastic benefits (I am on a 6 week paid sabbatical right now). But whereas before people would stay with the company for 5-10 years, now they are leaving in droves (not because anything bad is happening at the company, we are doing great) and nobody is sticking around.

> I am on a 6 week paid sabbatical right now

Here in Europe we call that vacation.

Re: Tell HN: I'm Afraid We're Shutting Down

#85
post #76

Sorry to hear. Sounds like a great service. But curious about this... > When the economy and job market began storming back, we were inundated with inbound requests for our services. Our perseverance seemed to be paying off. Except now we were hit with a new gut punch: “The Great Resignation.” Now our workers were reticent to come back to work. And if they did accept a job, they’d often leave after only a few days. W…

Probably because the wages are very low and the work loads way too high. Some link: "How the current worker shortage is really a wage shortage" https://www.nynmedia.com/content/opinion-how-current-worker-... "It’s not a labor shortage — it’s a wage and workers rights shortage" https://thehill.com/opinion/finance/570441-its-not-a-labor-s... "Our employment system has failed low-wage workers. How can we rebuild?" https…

Is this new?

Re: Tell HN: I'm Afraid We're Shutting Down

#86
post #51

Hi Richard, I'd like to donate towards retiring the debt you've personally guaranteed. How can I do this? Thanks for trying, it's more than most do. My genuine condolences you were unable to maintain traction due to the macro. (agree with 0des' sibling comment, hibernate the effort vs this being the death of it)

Does advertising your willingness publicly make it harder for him to negotiate?

^ Good question. I'm wondering this as well. Curiosity is a good thing, especially on HN.

Re: Tell HN: I'm Afraid We're Shutting Down

#87

Earlier quoted context omitted.

I would also like more information about this phenomenon. What’s the scale of this? For example, how many people accepted a job and then quit within a few days? How did it impact these people’s lives? For example, did this result in increased recidivism? If so, at what scale?

The Great Resignation is curious, if I could speculate maybe it was the pandemic bailout and markets bubble (crypto too) making people think "I've got money now!". Now that everything is tumbling down, I wonder if people will start returning to work. Except now most businesses have seemingly stopped hiring yet again (even retail/hospitality?), so I guess whichever way it goes, OP is in trouble.

> The Great Resignation is curious, if I could speculate maybe it was the pandemic bailout and markets bubble (crypto too) making people think "I've got money now!"

I dunno if it’s even about money. The pandemic and the way it was handled REALLY messed with a lot of people’s heads. I’d say a not insignificant number of people had what amounts to a religious awakening of sorts. I’ve seen it myself, several people just deciding to make drastic life changes out of the blue.

Re: Tell HN: I'm Afraid We're Shutting Down

#89
Your going out of business doesn't undo the great things you did for all those people who needed that second chance.

Turns out, for instance, Halcyon Molecular was similar, it went bust losing tons of money but it let me get a decent wage after all the employment discrimination I suffered for standing up to torture (false imprisonment, so very similar, had a gap in my resume I couldn't explain because I didn't realize there was an April in 2009, it just hurt to think about that moment in my life). That $20-an-hour job allowed me to create abnormal speedups for many algorithms, leading to https://fgemm.com, which I'm working on now.

It was my second chance. And it created the tech it was meant to, just not the way the investors expected.

EDIT: can't reply to selimthegrim except here, at the limit of posts. I will get it working. I know it's not up yet, it's coming soon. Currently ironing out the algorithms instead.

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