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Big Tech is using layoffs to crush worker power

latimes.com

341–350 of 469 posts

Re: Big Tech is using layoffs to crush worker power

#341

Earlier quoted context omitted.

There are very specific regulatory requirements for unionization as outlined by the NLRB.

from what I read (and I didn't read super extensively) my app idea fits within this structure that's outlined by the NRLB.

Then you should talk to a lawyer, or at least a union organizer. I'm sure contacting one of your local union halls could help you out.

Re: Big Tech is using layoffs to crush worker power

#342

Earlier quoted context omitted.

I’m kind of confused here. Contracts are enforced by the government, right? Requiring a piece of paper that the government supports in order to obtain employment does not seem very libertarian. I’m just playing devil’s advocate here, I don’t actually care about libertarianism because in the US it’s a label self-applied by many kooks (for example, just look up the Libertarian Party nominees for president in… any of ou…

Color me confused as well. In what way are contracts not libertarian? Freedom of association really doesn't stand up to have any meaning if you are unable to define what the relationship entails. Libertarian doesn't mean no government, if that is what you are suggesting; not in the USA, not anywhere.

To quote myself:

> Requiring a piece of paper that the government supports in order to obtain employment does not seem very libertarian.

Do you see no difference between a contract and a contract required by the government?

Anyway, I’m going to move on. It’s been fun talking about a definition of “libertarian” that has nothing to do with the practical discussion at hand. Kudos to your definition as it applies to the term outside of the US job market.

Re: Big Tech is using layoffs to crush worker power

#343
post #213

Earlier quoted context omitted.

They provide asset management and investment opportunity. Not all hedge funds are malicious. We can also see issues in tech that are similar. Look at all the hate Meta gets for their business model - using addicting algorithms to gather and sell users' info. There can certainly be an argument made here about the potential societal damage they cause being a parasite.

This is a common argument I hear, it just doesn’t hold water. We should absolutely hold Big Tech accountable for their business models and actions. On the whole though, they have released many orders of magnitude more useful things than Hedge Funds. Is there a Citadel Maps I can use ? Or a TwoSigma framework like React ? At least Big Tech has ad-powered useful services. Hedge funds gobble up PhD holders and the cream…

"On the whole though, they have released many orders of magnitude more useful things than Hedge Funds."

Well no shit - you're comparing an entity that creates "things" to one that doesn't!

"gobble up PhD holders and the cream of the crop and use them to make 0.1% of the population 5% wealthier"

Um, Google does this with data scientists. Maybe they do create a useful app, but make no mistake that their primary goal is to make the stock owners (mostly the top 1%) richer off the backs of their unsuspecting users.

Re: Big Tech is using layoffs to crush worker power

#344
post #292

Earlier quoted context omitted.

It doesn't need to be a large chunk. It generates headlines like "XXk laid-off in big name tech company that is has plenty of cash" That creates the idea of job-insecurity in others.

No offense, but if that's all it takes to cow someone, again, they never had real power, so nothing to crush. My point is, this shouldn't be all it takes to make people insecure about their position.

The power was never there. What was there was the prospect of being able to head to greener shores. It's not just about layoffs (which are still ongoing, so your numbers are preliminary and not the final tally), but also hiring freezes. For someone who loses their job now, not only are they competing with everyone else from all of these companies let go, there's far fewer positions open than there were before. So the prospect that existed in lieu of power is now gone.

Re: Big Tech is using layoffs to crush worker power

#345

Earlier quoted context omitted.

Color me confused as well. In what way are contracts not libertarian? Freedom of association really doesn't stand up to have any meaning if you are unable to define what the relationship entails. Libertarian doesn't mean no government, if that is what you are suggesting; not in the USA, not anywhere.

To quote myself: > Requiring a piece of paper that the government supports in order to obtain employment does not seem very libertarian. Do you see no difference between a contract and a contract required by the government? Anyway, I’m going to move on. It’s been fun talking about a definition of “libertarian” that has nothing to do with the practical discussion at hand. Kudos to your definition as it applies to the…

> Do you see no difference between a contract and a contract required by the government?

What government requirement are you talking about? There was no mention of this in previous comments and seems to have nothing to do with the discussion. As before, a union will most likely require a contract in order to enter into an association with an employer, but that's ultimately up to the parties seeking association. Strictly speaking they could associate without one, but disputes become harder to resolve later so it is not the best idea. Indeed, under libertarianism, the government will support the contracts you enter into by helping you enforce them. That is necessary for freedom of association to be a useful concept.

Re: Big Tech is using layoffs to crush worker power

#346
post #258

Earlier quoted context omitted.

This just shows that people have the capability to turn their brains completely off if you shovel enough (potential) money at them. For example, libertarians have been screaming from the rooftops about needing a flat tax for the longest time. Know what would accelerate socialist reforms in the US faster than any other? A flat tax. Public sentiment would turn on a dime as soon as people saw how much they were getting…

Ok I’m a little slow. Your point is that progressive tax structures are good, so we should get rid of ours in hopes that the working class gets so desperate and resource-starved that the revolt and implement an even more progressive one sometime in the future? Very possibly I misunderstood, but otherwise that sounds suspiciously like what a cartoon villain capitalist would propose - sure seems like they’d be the winn…

I didn't say we should get rid of a progressive tax structure. I said that libertarians have been arguing for a regressive flat tax structure for years, and the successful implementation of such a structure would expedite public backlash against conservative / libertarian fiscal policies which rob the poor in favor of the wealthy.

Yes, they would be short term winners until the voting public revolts. But it's not the 1980s anymore. Half the working populace doesn't have a fat pension on the other end of their working days. The people who actually have accumulated enough capital to care about the stock market are dying and are being replaced by people who can't even afford to move out of their parents homes until they're in their late 20s.

Re: Big Tech is using layoffs to crush worker power

#347

Earlier quoted context omitted.

Second hand information: Apple on average takes 2 years to fill an empty position. They almost never lay anyone off, just find another role for someone. It's where the evil corporation narrative falls down, apple makes sure they hire the right people and then keep them. It's the way it should be. But even for other tech companies, people on HN need to look outside of tech and see what life is like, there are people o…

I’m sorry, but this is just class war crap. Instead of pitting workers against each other like the plutocrats want, always ALWAYS remember that even with all that non-monetary compensation, the executives are still taking more 100x of the value created by the worker. This is like complaining about some athlete getting paid millions to risk their health for entertainment, while not once giving a thought about the bill…

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Re: Big Tech is using layoffs to crush worker power

#348

Earlier quoted context omitted.

It doesn’t make sense to unionize when you are powerful and you can use “merit” to raise your power and compensation. As the economy downturns, more and more software devs on the low end will be pushed to the point where unionization makes sense. They were never really powerful or well paid, but had hope of rising to a higher class. It’s that aspiration that lead to people discounting the ida of unionization.

It makes sense to unionize when you're powerful because that's when you actually have the leverage to put things in place in preparation for the inevitable downturn. Waiting until you need the union is too late.

Grasshopper and the ants!

Re: Big Tech is using layoffs to crush worker power

#349

does this imply the lay-offs were a product of collusion at the executive level across the entire sector? If anyone could find evidence of that it would be extremely news-worthy. If I might adorn my hat of tin-foil for a second; at a big corp I used to work at, I heard execs predicting this outcome back in early 2022 in combination with being incredibly relaxed about the employment market being extremely hot at the t…

Prisoners dilemma. Who needs to say it when everyone knows it's in everyone's interests to play the game. I feel that a lot of these layoffs are really the result of delusional hiring euphoria vs malicious anti-employee strategies, but I wouldn't say that companies would avoid "needless" spending when they could be adjusted for a no-net-los outcome.

Re: Big Tech is using layoffs to crush worker power

#350

Earlier quoted context omitted.

I’m sorry, but this is just class war crap. Instead of pitting workers against each other like the plutocrats want, always ALWAYS remember that even with all that non-monetary compensation, the executives are still taking more 100x of the value created by the worker. This is like complaining about some athlete getting paid millions to risk their health for entertainment, while not once giving a thought about the bill…

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They used to not be paid so much in the past. What's the scientific rationale that they should be pay more than before? I don't think there's any science involved on either side, it's simply a cultural practice that has arise with the growth of corporate earnings. On the flip side, if average worker comp has arisen only 12% since 1978, maybe that's not a scientifically-determined outcome either.

https://www.cnbc.com/2019/08/16/ceos-see-pay-grow-1000percen...

https://www.epi.org/publication/ceo-compensation-2018/

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