It seems to be profitability is next generation technology like Web 4.0 or something. We will be hearing a lot in coming years.
It used to be profitability was a core component of running a business.
Twilio to lay off 11% of workforce
31–40 of 514 posts
Re: Twilio to lay off 11% of workforce
#32Anyone else read the letter from the CEO where they claim that the layoffs "were carried out through an Anti-Racist/Anti-Oppression lens"? That's verbatim from the actual PDF, in case anyone was curious ( https://d18rn0p25nwr6d.cloudfront.net/CIK-0001447669/5c6aa73... ) Page 6, under the heading "How did we decide which roles would be impacted". I wonder what race they deliberately targeted for these layoffs, with la…
Throwing people out on the street is tough, but at least we destroy people's livelihoods ~progressively~.
All CEOs are bastards.
Re: Twilio to lay off 11% of workforce
#33Anyone else read the letter from the CEO where they claim that the layoffs "were carried out through an Anti-Racist/Anti-Oppression lens"? That's verbatim from the actual PDF, in case anyone was curious ( https://d18rn0p25nwr6d.cloudfront.net/CIK-0001447669/5c6aa73... ) Page 6, under the heading "How did we decide which roles would be impacted". I wonder what race they deliberately targeted for these layoffs, with la…
I suppose the EEOC could subpoena emails relating to selection.
Re: Twilio to lay off 11% of workforce
#34(I am a black man)
I feel like the statement that the layoffs "were carried out through an Anti-Racist/Anti-Oppression lens" puts a target on the backs of the people who you claim to be helping.
If you're affected by layoffs described this way, you then question whether that was because of who you are.
That then makes it harder for the minorities you claim to be "helping" to stay in the room anywhere else because of bad will generated by some company that wanted the headlines to include their diversity push.
Edit: In summation, do not conflate your layoffs with your "diversity".
Re: Twilio to lay off 11% of workforce
#35Anyone else read the letter from the CEO where they claim that the layoffs "were carried out through an Anti-Racist/Anti-Oppression lens"? That's verbatim from the actual PDF, in case anyone was curious ( https://d18rn0p25nwr6d.cloudfront.net/CIK-0001447669/5c6aa73... ) Page 6, under the heading "How did we decide which roles would be impacted". I wonder what race they deliberately targeted for these layoffs, with la…
It feels like you're trying to flamebait rather than have a discussion about this. I encourage people to read comments on the other related thread [1] that seems to have disappeared from the front page for some reason.
[1] Twilio cutting 11% – Letter from CEO [pdf]: https://news.ycombinator.com/item?id=32837250
Re: Twilio to lay off 11% of workforce
#36Another company carelessly overhiring. OR maybe using opportunity to do some trimming? edit: Where does one check hiring metrics for company before accepting contract?
They were overhiring. I talked to their recruiter last year. They had pretty aggressive hiring goals. Same story with Zillow, Upstart, Facebook and a bunch of companies. All of their stocks tanked by more than 50% since then.
Twilio is down 50% from their pre covid price. Ouch
Re: Twilio to lay off 11% of workforce
#37Anyone else read the letter from the CEO where they claim that the layoffs "were carried out through an Anti-Racist/Anti-Oppression lens"? That's verbatim from the actual PDF, in case anyone was curious ( https://d18rn0p25nwr6d.cloudfront.net/CIK-0001447669/5c6aa73... ) Page 6, under the heading "How did we decide which roles would be impacted". I wonder what race they deliberately targeted for these layoffs, with la…
I consider myself very ‘liberal’ per American standards (pro abortion, pro lgbt rights, pro racial diversity and acceptance), and this to me screams of woke culture gone wild. Looks like anything can be weaponised.
Re: Twilio to lay off 11% of workforce
#38Anyone else read the letter from the CEO where they claim that the layoffs "were carried out through an Anti-Racist/Anti-Oppression lens"? That's verbatim from the actual PDF, in case anyone was curious ( https://d18rn0p25nwr6d.cloudfront.net/CIK-0001447669/5c6aa73... ) Page 6, under the heading "How did we decide which roles would be impacted". I wonder what race they deliberately targeted for these layoffs, with la…
w t f
This doesn't actually come as a surprise to you, does it?
Re: Twilio to lay off 11% of workforce
#39Mostly in "Go-To-Market". Same as Patreon I don't even know what that is, but sounds like a money pit.
Sales, Marketing, and Customer Success are the “Go-To-Market” team.
Re: Twilio to lay off 11% of workforce
#40It seems to be profitability is next generation technology like Web 4.0 or something. We will be hearing a lot in coming years.
It used to be profitability was a core component of running a business.
It still is, hence the security and rewards of working at businesses like Alphabet, Apple, Amazon, etc. and the same for shareholders/owners too.