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Red Hat cutting hundreds of jobs, CEO says in letter to employees

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101–110 of 164 posts

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#101
post #3

I'm sure this is mostly due to the economy but I would be interested to find out how much of this is due to lack of funding after the CentOS Stream thing.

Engineers aren't being laid off, administrative and management staff are.

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#102
post #37
post #2

Really hope this doesn't affect their development of VirtIO drivers and related virtualization technology. Although being realistic, it probably will.

This isn't going to affect virtio at all. The drivers are vitally important to virtualization and anyway the layoffs affect back office staff like IT, not product development or customer support. In fact it's rather the opposite, virtio is being implemented in more and more hardware .

> virtio is being implemented in more and more hardware

Would be interested in more information on that.

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#103
post #100

Earlier quoted context omitted.

Before the recession, it was a well-known secret among coworkers who was doing this, now when budgets are being slashed these folks are the first to be let go. Please don't do this, you're ruining remote work for everyone. If you really want to, become a contractor and be honest about your situation.

I assume people who are sufficiently self-centered that they've convinced themselves that this is fine because it obviously is if you can get away with it are incredibly selfish and not nearly as clever as they think they are in many other ways as well. Personally if I were aware, I'd report them because I don't want to be either complicit or a liar if it comes out and I'm asked.

[deleted]

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#104

Welcome to life under IBM. They’re in the business of a financially engineered shrinkage. This is what happens when innovation and growth stops. What you see from IBM: - Cut expensive (old) employees. - Market everything as the New thing. (Watson) - Audit your customers. Settle by forcing them to buy the New thing even if they don’t need it. - Current and former execs go on book tours. - Buy back shares. This is all…

> - Cut expensive (old) employees. Anyone have tips to avoid this? I keep getting promotions and raises and it's all very nice but makes me worried about being closer to the top of the list when the next round of cuts needs to happen... Just this year I got an unsolicited bump because I was "below market avg TCO." You can't just say "no thanks" to that.

> I keep getting promotions and raises and it's all very nice but makes me worried about being closer to the top of the list when the next round of cuts needs to happen

Don't think this way. Get all the promotions and pay raises you can. Unless you're way out of line salary wise, most layoffs are somewhat random. From the big companies standpoint who sees layoffs saving millions+, no one cares about another 50k-100k. And in semi-random times, it may help you because higher ups who have no idea who you are see title and salary as likely to know more and be able to keep things running with fewer people.

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#105
post #32

Earlier quoted context omitted.

> They are not touching development or sales. Sounds like they are trimming some fat. I don't think you can say that with such certainty. This could lead to developers spending more time doing admin, that was previously done by other people. Regardless, it sucks for the people being lade off, even if they are not touching development or sales.

I don't think I said it with any certainty. I said "sounds like". The rest of your argument can be true, or not. It all depends on how useful the work of the lade off people was. You know there are positions in large corporations who basically just don't do anything, don't you?

> You know there are positions in large corporations who basically just don't do anything, don't you?

Sure, but my default assumption isn't that layoffs effectively target folks pretending to be busy.

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#106
post #100

Earlier quoted context omitted.

Before the recession, it was a well-known secret among coworkers who was doing this, now when budgets are being slashed these folks are the first to be let go. Please don't do this, you're ruining remote work for everyone. If you really want to, become a contractor and be honest about your situation.

I assume people who are sufficiently self-centered that they've convinced themselves that this is fine because it obviously is if you can get away with it are incredibly selfish and not nearly as clever as they think they are in many other ways as well. Personally if I were aware, I'd report them because I don't want to be either complicit or a liar if it comes out and I'm asked.

I can't wait until you get laid-off/fired unjustly. I had this same attitude until I got laid off even though I was a high-performer (4/5 and 5/5 on all my bi-yearly reviews).

Now, I'm in it for me and only me. Fuck these companies, they don't care about you so why should I care? I perform to the expectations of my job description but forget going above and beyond.

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#107

I didn't notice Matt Hicks became CEO of Red Hat. Congrats to him. We worked together on the Docker / Red Hat Partnership 10 years ago when he was in Engineering leadership. From an Engineer to CEO. Says a lot about Red Hat and its priorities.

I'm not so sure now is the time to congratulate the guy at the wheel for Red Hat's first major layoff.

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#108

Earlier quoted context omitted.

> - Cut expensive (old) employees. Anyone have tips to avoid this? I keep getting promotions and raises and it's all very nice but makes me worried about being closer to the top of the list when the next round of cuts needs to happen... Just this year I got an unsolicited bump because I was "below market avg TCO." You can't just say "no thanks" to that.

Anyone have tips to avoid this? I keep getting promotions and raises and it's all very nice but makes me worried about being closer to the top of the list when the next round of cuts needs to happen Make your self invisibly essential to the company. Do things or have skills that nobody else does. The sorts of niche items that the company needs, but not enough to hire a second person to do them. But also be "invisible…

[deleted]

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#109
This will impact RH in the long term.

Red Hat have always been on the low end around salary / TC, their draw has been seeing them as the good guys who care for their people, its a nice culture setup. This is the first set of layoffs they have ever carried out in their 30 year existence.

They will likely need to start paying more when things can't pick up, as they can't play the good guy card as much anymore.

Re: Red Hat cutting hundreds of jobs, CEO says in letter to employees

#110

Welcome to life under IBM. They’re in the business of a financially engineered shrinkage. This is what happens when innovation and growth stops. What you see from IBM: - Cut expensive (old) employees. - Market everything as the New thing. (Watson) - Audit your customers. Settle by forcing them to buy the New thing even if they don’t need it. - Current and former execs go on book tours. - Buy back shares. This is all…

> Audit your customers. I know Oracle has a reputation for this, but I didn't realize IBM does as well.

[deleted]
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