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Salesforce will lay off 10% of staff as part of restructuring

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Re: Salesforce will lay off 10% of staff as part of restructuring

#251

Post by dang »

agentofoblivion wrote: post #22
ubertaco wrote: post #14

Last time they did this, it was _right_ after the window that they had grandstanded and asked other companies to pledge no pandemic layoffs. Benioff did a whole media tour talking about how Salesforce would do no pandemic layoffs to set some kind of example, and said that they didn't expect other companies to follow their example, but asked them to just pledge no layoffs for 90 days, even though Salesforce was going…

He seems like the slimiest CEO imaginable. I have no data to back this up, just his constant woke clamoring, before woke dominated the culture, and the way he looks. My gut just instantly sets off alarm bells.

Please don't cross into personal attack. You may not owe CEOs better but you owe this community better if you're participating in it.

https://news.ycombinator.com/newsguidelines.html

Re: Salesforce will lay off 10% of staff as part of restructuring

#253

Post by Spivak »

dan-0 wrote: post #103

Maybe it's just the segment I'm in, but I feel like Salesforce was hiring pretty hard up until recently. They wouldn't be the only company to go from a hiring spree to layoffs that quickly over the last quarter. We really need to lock this absurdity down and increase severance requirements for large companies heavily. It's one thing to gamble risk for the company, it's something completely different to gamble employe…

At minimum if you're gonna lay someone off then any employee benefit that required they worked there for x months/years should be immediately paid out.

Re: Salesforce will lay off 10% of staff as part of restructuring

#254

Post by orangecat »

BurningFrog wrote: post #209
neon_electro wrote: post #142

Earlier quoted context omitted.

Do you like the current status quo where employers are not reluctant to hire, and they're just as likely to lay folks off? Where's the efficiency for employee or employer?

I like it. Employment should be easy to find, switch and end. More like dating than marriage.

Yes. And the corollary is that you shouldn't be dependent on your current employer for basic needs, e.g. health insurance.

Re: Salesforce will lay off 10% of staff as part of restructuring

#255

Post by scarface74 »

neon_electro wrote: post #193
scarface74 wrote: post #185

Earlier quoted context omitted.

No matter where you work in any major city in the US, whether you are working for a major tech company or your run of the mill enterprise shop, you should be making at least twice the median household income of your local area if you have at least three years of experience. If people making half of what you make can manage to survive and it be homeless or go hungry, you should be able to save enough “to live in a pos…

What does this have to do with my comment?

That you should save money and not be dependent on the generosity of your employer or the government to make sure you can continue to have food and shelter.

Re: Salesforce will lay off 10% of staff as part of restructuring

#256

Post by missedthecue »

paxys wrote: post #252
missedthecue wrote: post #82

Earlier quoted context omitted.

Why not fire 100% of employees in that case?

Because then the company can't operate? Is it really that hard to understand?

Well I understand it, but the analogy I was trying to illustrate is that in theory, 10% of a workforce produces something, and while it costs something to employ them, it also costs something to lose their employment. In theory. Otherwise, why were they hired to begin with?

Re: Salesforce will lay off 10% of staff as part of restructuring

#257

Post by time_to_smile »

fatnoah wrote: post #194
dan-0 wrote: post #103

Maybe it's just the segment I'm in, but I feel like Salesforce was hiring pretty hard up until recently. They wouldn't be the only company to go from a hiring spree to layoffs that quickly over the last quarter. We really need to lock this absurdity down and increase severance requirements for large companies heavily. It's one thing to gamble risk for the company, it's something completely different to gamble employe…

Salesforce is giving a minimum of 5 months severance to affected people. That's not too shabby.

I really hope that I get laid off in the first round of these layoffs where everyone gets good severance.

My current worry is that the first round of layoff at my first company will get 4 months severance, I'll miss that round, and 2 months later get laid off with only 2 months severance. This would of course mean that my severance ends at the same times as the first group but I had to work an additional 2 months.

Re: Salesforce will lay off 10% of staff as part of restructuring

#258

Post by Spivak »

dantheman wrote: post #245
mr_00ff00 wrote: post #191

Earlier quoted context omitted.

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.

Then choose companies that offer that, you can sign a long contract. Or avoid companies that are rapidly growing. Why should you force your preference on everyone else?

"My preference is the current state of things so I pretend that it wasn't forced on people in just the same way I accuse others with different preferences of doing."

Welcome to "government is the means by which a group of people make collective decisions about the way we want our city/state/country to work." When striving for liberty, the thing we actually want, anarchy is just as much a preference as order.

Re: Salesforce will lay off 10% of staff as part of restructuring

#259

Post by frontman1988 »

mensetmanusman wrote: post #57

There 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.

Nothing that immigration won't solve. You have hoardes of young people from South Asia, Africa that will come up and fill any money making opportunity in the states.

Re: Salesforce will lay off 10% of staff as part of restructuring

#260

Post by alistairSH »

coredog64 wrote: post #126
dan-0 wrote: post #103

Maybe it's just the segment I'm in, but I feel like Salesforce was hiring pretty hard up until recently. They wouldn't be the only company to go from a hiring spree to layoffs that quickly over the last quarter. We really need to lock this absurdity down and increase severance requirements for large companies heavily. It's one thing to gamble risk for the company, it's something completely different to gamble employe…

WARN Act already exists and has state level analogs that strengthen it to some extent. https://en.m.wikipedia.org/wiki/Worker_Adjustment_and_Retrai...

WARN doesn't apply if...

- layoff results in fewer than 50 workers losing their jobs at a single employment site

- If 50 to 499 workers lose their jobs and that number is less than 33% of the employer's total, active workforce at a single employment site

These seem to let some* tech companies off the hook.

* Those that are highly remote or distributed.

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