71–80 of 613 posts
Everyone has a super bad feeling about the economy. I think most large companies are going to be announcing back to office then followed by layoffs.
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When people say “no desk” what they mean is “no space in the building to allocate a desk”.
When people say "no space in the building to allocate a desk” they mean "No space to neatly put a desk." Companies have often shown repeatedly they can force desks into rooms when needed. Anyways, they can and will buy office space to put the desks when needed.
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Remember when Marissa Mayer eliminated WFH at Yahoo? Seemed to work out well for them.
It was proven through data that most people at yahoo that were “working from home” weren’t working. It was indisputable.
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You act like exploitation of employees is exclusive to Tesla, or even the tech industry. The reality is far worse than you can even imagine.
> You act like exploitation of employees is exclusive to Tesla, or even the tech industry. Where did the OP say or imply that?
Let me get this straight: "Work 80 hr weeks! Be just like me!" Musk: becomes worlds richest person Employees: laid off What planet do you live on where you see this as a sustainable, world-improving system for the world and for compensation? Anyone that works 50 hr weeks for this dude is out of their mind.
How about reading the article instead of the headline. "Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of jobs at the electric carmaker" "Musk has warned in recent weeks about the risk of a recession, but his email ordering a hiring freeze and staff cuts was the most direct and high-profile message of its kind from the head of an automaker." "Musk’s gloomy outlook echoes re…
"Please don't comment on whether someone read an article." https://news.ycombinator.com/newsguidelines.html
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The same can be said about Coinbase and look what's happening. Let's just say buyer beware when it comes to meme companies.
The thing is, Tesla isn't a Coinbase. Tesla is now a giant manufacturing company that makes a lot of things, brings in revenue, and has some really solid engineering. I don't like their cars from a UX standpoint, but the engineering in their motors and battery packs are solid good products. Move fast and break things might have been fine in the early days. Seems to me like the company needs to 'grow up' and demonstra…
Anybody care to speculate on the chance that Twitter forces their sale to him, and then TSLA goes down far enough that Musk gets a margin call on the loan he's using to finance the purchase, and he loses everything? Or at least half of everything?
Musk is no longer funding a portion of the deal with a margin loan. https://fortune.com/2022/05/25/elon-musk-equity-component-tw...
He might be thinking he can get 5% of the people to quit just based on differences in values, making his remaining employees more homogenous and giving them a common culture.
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I agree I don't think it'll be 2007-2008 bad. I think it'll be worse. Covid, Ukraine, Remote Work, etc are all hammering the economy.
Is remote work hammering the economy? What effect does it actually have on productivity?