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Plaid Layoffs

plaid.com

31–40 of 345 posts

Re: Plaid Layoffs

#32

> approximately 260 talented Plaids "Plaids" This joins the list of Googlers, Xooglers, Nooglers, Amazonians, Tweeps, Krakenites, what else?

Is there some HR from hell manual somewhere that encourages this? Does anybody sincerely enjoy being called some cringey pun?

Re: Plaid Layoffs

#35
post #28

What delusional playbook does every tech leader get the idea to refer to their employees by cringey names like "Plaids" or "Metamates" in serious memos like this? Imagine if your physician did this... "Hey there KaiserPermanientoid! You have cancer!"

It's in the Kool-aid recipe

Re: Plaid Layoffs

#36
post #28

What delusional playbook does every tech leader get the idea to refer to their employees by cringey names like "Plaids" or "Metamates" in serious memos like this? Imagine if your physician did this... "Hey there KaiserPermanientoid! You have cancer!"

You're a customer in that case, not an employee?

Re: Plaid Layoffs

#37
post #28

What delusional playbook does every tech leader get the idea to refer to their employees by cringey names like "Plaids" or "Metamates" in serious memos like this? Imagine if your physician did this... "Hey there KaiserPermanientoid! You have cancer!"

It's all part of the cult of personality. "We're all a family." Remind me, when was the last time your father just cut out half of the family?

Re: Plaid Layoffs

#38
post #28

What delusional playbook does every tech leader get the idea to refer to their employees by cringey names like "Plaids" or "Metamates" in serious memos like this? Imagine if your physician did this... "Hey there KaiserPermanientoid! You have cancer!"

It's like a Cory Doctorow/William Gibson/Philip K Dick story

Re: Plaid Layoffs

#39
post #2

So cold, announcing layoffs to employees this way. A blog post saying "yeah, if you work for us, you're about to get an email telling you if you still do or not"

Unfortunately, in a highly regulated environment like finance or healthcare this is the norm for opsec reasons. Can't have disgruntled laid-off employees taking revenge actions against the company or customers.

We're talking about Plaid here. The company that willfully violated every norm around credential handling, implemented fraudulent front-end lookalikes to harvest user credentials, and then used those to reap customer financial records in blatant violation of BSA, and again, 90% of the ethial mores of a responsible finance company.

https://angeion-public.s3.amazonaws.com/www.PlaidSettlement....

Reached via:

https://www.plaidsettlement.com/important-documents.php

I will not, nor would I recommend anyone extend benefit of a doubt when it comes to this org in particular.

While you are factially correct in the general case, I'd hate for people to leave with the idea that Plaid has ever concerned itself with compliance when there was a buck to be made or an inconvenient norm to be worked around unethically.

Re: Plaid Layoffs

#40

Dear Floofernistas, This is the hardest thing I have ever done. The market changed - I thought we would make more money, now I think we will make less money. Therefore we have discovered that we don't need all of you. If you aren't needed, here is some money. I hope this is enough money that the internet isn't too mad at me. Remaining Floofernistas, please be kind to the ex-Floofernistas, and help them. Again, I am s…

And BTW, I take full responsibility for everything, which means nothing.
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