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Macroeconomic changes have made it impossible for me to want to pay you

mcsweeneys.net

11–20 of 414 posts

Re: Macroeconomic changes have made it impossible for me to want to pay you

#11
What ever will those TikTok tech workers do now that they can't stream their comped meals and coffee breaks and afternoon relaxation massages?[0] If only it was illegal for The Man to fire these valuable employees!

0. https://twitter.com/Carnage4Life/status/1617534649508716544

Re: Macroeconomic changes have made it impossible for me to want to pay you

#12
> The fact is, if I wanted to pay you, I could. I could even give you raises. But once again, that is not the economic reality we face. And so we must make hard choices.

Maybe I've hung around in the wrong circles too much recently, but this hit me hard. This is basically how the reasoning behind all top management decisions have been communicated to me in the past year:

"There is indeed a clearly better alternative course of action that we should take. You're right in that it would be trivial to adopt and we would all be happier from it, with more satisfied customers. The fact is that's not what we have chosen in reality, so we must shoulder the heavy burden of choosing the inferior alternative and give it our best shot."

Way to motivate a decision!

Re: Macroeconomic changes have made it impossible for me to want to pay you

#14
post #12

> The fact is, if I wanted to pay you, I could. I could even give you raises. But once again, that is not the economic reality we face. And so we must make hard choices. Maybe I've hung around in the wrong circles too much recently, but this hit me hard. This is basically how the reasoning behind all top management decisions have been communicated to me in the past year: "There is indeed a clearly better alternative…

wrong view / comparios ... in a 5% interest rate environment, companies fight for investors money .. if you don't do the cuts and find a way to be efficient investors will put their money somewhere else that's more profitable.

this reasoning is pure and simple and correct, you start from the top, not from the fact "they can afford it" because their job is not to spend the money they have their job is to increase value for investors.

Re: Macroeconomic changes have made it impossible for me to want to pay you

#15

I grind away at our codebase day in day out causing me immense personal anxiety and burnout risk and all for what? Well! The honest answer is because software engineering is an incredibly satisfying intellectual pursuit. So satisfying that outside of work in my spare time I literally do it for free , giving away my work to strangers as free / open source software. Why draw a salary then? Or stock? Well obviously I ha…

>So why is their exit equivalent to several mansions and mine is around about a year’s worth of salary?

Honestly? Because 1) you are very replaceable and 2) you have a very low chance in succeeding at organizing any kind of group/union action. If either of those two facts were different, you would have more leverage. But they aren't so you don't.

Re: Macroeconomic changes have made it impossible for me to want to pay you

#17
What a funny write!

Despite it being funny, if it wasn't for the outright satire, it would be virtually indistinguishable from the recent tech layoff messages:

Gitpod - https://www.gitpod.io/blog/building-for-the-long-run

Microsoft (this is maybe the classiest) - https://blogs.microsoft.com/blog/2023/01/18/subject-focusing...

Zuck/Meta - https://about.fb.com/news/2022/11/mark-zuckerberg-layoff-mes...

Stripe - https://stripe.com/en-nl/newsroom/news/ceo-patrick-collisons...

Spotify - https://newsroom.spotify.com/2023-01-23/an-update-on-january...

The industry had been, for quite some time, growing both in terms of headcount and compensation, without regards to boundaries, sanity or practicality.

With that in mind, it looked like it was only a matter of time for this to happen. However, one cannot help wondering how much influence did profitability and future outlook had to do with it, versus how much it was about regaining control over workers and salaries and about "fixing" the stock price.

For me, the biggest crime is the fanatic enthusiasm and we-are-all-a-family narrative these companies were pushing while growing well beyond needed in 2020 through 2021 contrasted with the generic messages they are peddling now when laying off.

Re: Macroeconomic changes have made it impossible for me to want to pay you

#18
post #15

I grind away at our codebase day in day out causing me immense personal anxiety and burnout risk and all for what? Well! The honest answer is because software engineering is an incredibly satisfying intellectual pursuit. So satisfying that outside of work in my spare time I literally do it for free , giving away my work to strangers as free / open source software. Why draw a salary then? Or stock? Well obviously I ha…

>So why is their exit equivalent to several mansions and mine is around about a year’s worth of salary? Honestly? Because 1) you are very replaceable and 2) you have a very low chance in succeeding at organizing any kind of group/union action. If either of those two facts were different, you would have more leverage. But they aren't so you don't.

Honestly every single one of those execs is very replaceable too.

Re: Macroeconomic changes have made it impossible for me to want to pay you

#19
post #11

What ever will those TikTok tech workers do now that they can't stream their comped meals and coffee breaks and afternoon relaxation massages?[0] If only it was illegal for The Man to fire these valuable employees! 0. https://twitter.com/Carnage4Life/status/1617534649508716544

It's not a TikTok tech worker. It's a recruiter depicting an unrealistic - missing all the stress etc - view of the workplace to attract inexperienced employees.As ones with experience mostly don't give a crap about these types amenities.

That video was done for The Man, not for the employees well being. And apparently The Man was able to sell you this depiction of the work place so you can now feel smug about all those layoffs.

Good for you I guess, you independent thinker!

Re: Macroeconomic changes have made it impossible for me to want to pay you

#20
post #12

> The fact is, if I wanted to pay you, I could. I could even give you raises. But once again, that is not the economic reality we face. And so we must make hard choices. Maybe I've hung around in the wrong circles too much recently, but this hit me hard. This is basically how the reasoning behind all top management decisions have been communicated to me in the past year: "There is indeed a clearly better alternative…

wrong view / comparios ... in a 5% interest rate environment, companies fight for investors money .. if you don't do the cuts and find a way to be efficient investors will put their money somewhere else that's more profitable. this reasoning is pure and simple and correct, you start from the top, not from the fact "they can afford it" because their job is not to spend the money they have their job is to increase valu…

> their job is to increase value for investors

Is their job to increase it in the short or the long term? These “I know we’ve been doing great for 3 years, but the past 3 months haven’t been so hot, so we’re going to cut jobs.” Messages seem incredibly shortsighted.

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