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Startups Are Scooping Up Big Tech’s Cast-Off Workers

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Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#281

Post by prottog »

iancmceachern wrote: post #278
prottog wrote: post #266

Earlier quoted context omitted.

> I propose we create a movement that demands that insurance companies use their excess profit, etc. to buy people's medical debt and free them of it. How do we get this movement going? Blue Shield of California alone has hundreds of millions a year in surplus, that would buy out billions of dollars in medical debt for people and completely change many people's lives for the better. Blue Shield of California had a ne…

No, they should do a bunch of internal audits and clean house and go bankrupt if that's what's in the cards. Mismanagement has consequences. As you pointed out, they are being run very poorly, while the top executives still take home million dollar salaries (1) and have been spending money on things like the Blue Shield Field Club at Oracle park. If they do the work, I'm sure they can do right by the general public a…

I hope a better-run competitor arises and eats their lunch.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#282

Post by virtualritz »

RestlessMind wrote: post #84
virtualritz wrote: post #53

Earlier quoted context omitted.

> The poor in America are far richer than the poor in most other countries. You probably mean the US/Canada. 'America' includes South America for which this is not generally true. However, replace 'America' in your sentence with any developed country and the statement is indeed generally true. And thusly of little value to this discussion. Specifically it doesn't change the fact that the poor in the US are much poore…

> the poor in the US are much poorer that the poor in most (possibly all?) developed countries. My source[1] disagrees with your source. It seems fairly close to Italy/Spain and slightly better than the much vaunted place on HN (Japan). [1] https://www.statista.com/statistics/233910/poverty-rates-in-...

> My source[1] disagrees with your source. It seems fairly close to Italy/Spain and slightly better than the much vaunted place on HN (Japan).

Err, nope, they don't because you're looking at the wrong data. This was about poverty gap [1], not poverty rate.

I though this was obvious from the very sentence of mine you quoted. I.e. it pertained to the third column of the table in the link I posted.

According to that table, the only developed country with a higher poverty gap than the US in 2019 was Italy (US: 39.8, Italy: 40.8).

Since they were close and I didn't find current data for 2022/2023, I wrote "possibly all?" with a question mark.

As you can see in [1], in 2021 the US moved up from 2nd from last to 8th from last. I.e. better but the point still stands.

[1] https://data.oecd.org/inequality/poverty-gap.htm

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#283

Post by 908B64B197 »

_vbnz wrote: post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

Is it really luck?

Where's the European phone, the European OS. European Cloud? ChatGPT?

American engineers and companies provide the bulk of tech's value added.

> Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

Are those really the same jobs?

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#284

Post by UncleMeat »

908B64B197 wrote: post #283
_vbnz wrote: post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

Is it really luck? Where's the European phone, the European OS. European Cloud? ChatGPT? American engineers and companies provide the bulk of tech's value added. > Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/ Are those really the same jobs?

Europeans work at all of these companies.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#285

Post by dang »

pb7 wrote: post #254
zzzeek wrote: post #98

Earlier quoted context omitted.

[flagged]

Come on over to Europe. Don't forget your stabproof vest, your riot gear, and blankets because we have no heating.

Could you please stop posting unsubstantive comments and flamebait? You've unfortunately been doing it repeatedly. It's not what this site is for, and destroys what it is for.

If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#286

Post by dang »

zzzeek wrote: post #98
_vbnz wrote: post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

[flagged]

Please don't post flamebait to HN or take threads further into flamewar. It's not what this site is for, and destroys what it is for.

"Eschew flamebait. Avoid generic tangents."

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

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#287

Post by dang »

Demoloto wrote: post #30

Then move if you don't like a social government... You do understand that USA rich people living of the life's of the poor? No proper health care etc for people cleaning their flats or flipping their burgers...

Please don't take HN threads into generic ideological (or, god help us, nationalistic) flamewar. It's not what this site is for, and destroys what it is for.

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

We detached this subthread from https://news.ycombinator.com/item?id=35899436.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#289

Post by dang »

revlolz wrote: post #91
PUSH_AX wrote: post #52

Am I missing something or is this literally "Displaced workers get new jobs"?

[flagged]

Could you please stop posting unsubstantive comments, flamebait, and/or snark? You've unfortunately been doing it repeatedly. It's not what this site is for, and destroys what it is for.

Your other comments are good but the ones like that are destructive of the purpose here. If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit to heart, we'd be grateful.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#290

Post by [deleted] »

nicenewtemp84 wrote: post #167
burnte wrote: post #157

Earlier quoted context omitted.

Companies this profitable and large often actually overhire a small degree to deny the competition talent and to give a layer of people that can be laid off to boost profits quickly to make a board think management is good. Google or FB can lay off 5k people and not even NOTICE a change in productivity, but the boards eat it up.

They might hire to scoop people up, but when they fire, don't they fire based on performance? Or is it purely a random pick?

[deleted]
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