Why do CEOs claim to "take responsibility" for the hard times, but their salary is never cut because of it? If they were actually taking responsibility then they would face real consequences instead of dooming people to no longer having healthcare. Fucking rich people.
Salesforce will lay off 10% of staff as part of restructuring
211–220 of 355 posts
Re: Salesforce will lay off 10% of staff as part of restructuring
#212Earlier quoted context omitted.
We haven’t been preparing for the massive retirement of the boomers. It’s tough in many cases where they spend their careers keeping younger people out of leadership. Then they complain to national papers that workers aren’t hustling enough to get into leadership. There will be volatility as a new generation takes over at companies. Each generation is larger and more educated than the last so demand will keep up.
Get ready for assisted living and nursing salary to double. There’s already a shortage.
Re: Salesforce will lay off 10% of staff as part of restructuring
#213Earlier quoted context omitted.
Severance requirements are not an entitlement. It'll make hiring harder than it already is.
It’s all about trade-offs and I think it’s worth it. I’d rather it be harder to get a job, but have higher job security when you get it.
Re: Salesforce will lay off 10% of staff as part of restructuring
#214Re: Salesforce will lay off 10% of staff as part of restructuring
#215Earlier quoted context omitted.
The people downvoting you are suffering from a sort of survivorship bias. Sure, now you'd like the comfort of knowing your employer would have to pay you a ton of money if they laid you off, but what if you were somebody who was recently laid off looking for a job and people were reluctant to hire beacuse of this requirement? It's not clear to me that it's a net win, from my perspective I'd rather be able to easily r…
> A strong labor market has been effective in rasing the real incomes of the bottom 25% or so over the past few years Source?
Re: Salesforce will lay off 10% of staff as part of restructuring
#216Why do CEOs claim to "take responsibility" for the hard times, but their salary is never cut because of it? If they were actually taking responsibility then they would face real consequences instead of dooming people to no longer having healthcare. Fucking rich people.
Re: Salesforce will lay off 10% of staff as part of restructuring
#217Earlier quoted context omitted.
We haven’t been preparing for the massive retirement of the boomers. It’s tough in many cases where they spend their careers keeping younger people out of leadership. Then they complain to national papers that workers aren’t hustling enough to get into leadership. There will be volatility as a new generation takes over at companies. Each generation is larger and more educated than the last so demand will keep up.
Who says they are all retiring?
I guess it implies all. To clarify, the cohort of retirement-age workers with the means to retire is experiencing a sharp rise as predicted. That contributes some to a worker shortage that should absorb those affected by layoffs like these.
Re: Salesforce will lay off 10% of staff as part of restructuring
#218Earlier quoted context omitted.
Severance requirements are not an entitlement. It'll make hiring harder than it already is.
It’s all about trade-offs and I think it’s worth it. I’d rather it be harder to get a job, but have higher job security when you get it.
If you were out of work, 3 months behind on your mortgage, and wondering if you have enough money saved to keep your kids fed until you get another paycheck - I doubt you would make the same statement.
Re: Salesforce will lay off 10% of staff as part of restructuring
#219There are over two jobs open for every layoff. People haven’t realized how crazy the labor market is about to get with a collapsing workforce population over the next many decades.
There are, but the people aren't necessarily where the jobs are. I've got positions in Huntsville, AL that aren't remote-capable, and we cannot get people to even apply.
Re: Salesforce will lay off 10% of staff as part of restructuring
#220Whenever I look at client’s Salesforce setups, I always wonder in the back of my mind what they will do if Salesforce has a significant down-turn? The lock-in to the platform appears to be very fierce. Are there viable routes to exit Salesforce if anyone ever needed to? (Note: I’m not saying Salesforce is doomed or anything, just the layoffs got me thinking in that direction theorically).
My company is currently undergoing this and I have the same feeling. But I think the business model behind it is you hire a "Salesforce consultant" to steer your integration with the understanding that you can replace a small team of developers doing a home-rolled solution with a single developer who runs your SF integration. And Salesforce slurps up 60% of the labor cost savings and you keep the 40% and declare succ…