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Twitter’s mass layoffs have begun

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Re: Twitter’s mass layoffs have begun

#212
post #89

Since apparently nobody else in the thread has any empathy for those who've lost their jobs, future access to healthcare (in the US and less civilized countries), and financial security, I guess I'll be the first: I feel bad for people who are laid off by the machinations of billionaires. I wish we lived in a society where it wasn't optimal to act like raving lunatics will tear down every bit of security you have at…

I've been laid off in downturns a couple times before, so it has been me in that pit. But you can't have the boom without the bust, and shrinking bloated companies is a thing that has to happen one way or the other. Also, the Twitter layoff in particular has had about as much advance notice as anything I've seen. It's been clear for months and months it was going to happen. Plenty of time to get yourself in order or…

No one said we needed “the boom”.

Re: Twitter’s mass layoffs have begun

#215

What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?

Well, when you have employees with irrational hatred of the new owner, you have to take some precautions.

Irrational? It would seem to me that their fears were warranted.

Re: Twitter’s mass layoffs have begun

#216
post #95
post #89

Since apparently nobody else in the thread has any empathy for those who've lost their jobs, future access to healthcare (in the US and less civilized countries), and financial security, I guess I'll be the first: I feel bad for people who are laid off by the machinations of billionaires. I wish we lived in a society where it wasn't optimal to act like raving lunatics will tear down every bit of security you have at…

All these people are making 200k a year and will have no problem finding another job.

Even leaving aside that a lot of these people are not engineers but customer support, finance, sales, etc. even developer hires in the current market are very measured and selective at most companies. First of all, probably nothing will move forward until after the holidays. It's not unreasonably pessimistic to think that it may take 6 months or more for someone to get a new position even as a developer.

Re: Twitter’s mass layoffs have begun

#219

What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?

> Which company is going to have an easier time hiring after the dust settles and they have a growth stage again? The one with the better offer, taking a possible layoff payout into account. The comp ranges can be so drastically different between companies that a possibly generous layoff (that is no means guaranteed if Stripe has to do this when circumstances are more dire) is negligible financially.

There is a reason why Facebook had to pay more than peers and why Amazon struggle to hire.

Re: Twitter’s mass layoffs have begun

#220
Layoffs are really tough on anyone, but Silicon Valley lay-offs are met with more indignation. Most people get laid off, they take the severance, and they start looking for a new job. With Twitter, etc The decision to lay someone office met with such indignation like how dare you lay ME off.

The whole response to the layoffs just doesn’t sit well with me. It’s the righteous elite complaining that they have to eat cake

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