And why did they resign and not wait to get fired? Is that a us thing?
> And why did they resign and not wait to get fired? Is that a us thing?
Got jobs elsewhere, started consulting, etc.
Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
81–90 of 288 posts
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#82Not sure that it's such a great business decision to lose almost half your staff, and probably moreso the higher-performing ones with other options. I'm guessing that this was intended to reduce the headcount without paying severance, which sounds attractive to the average MBA brain with zero ability to think through long-term consequences.
> " with zero ability to think through long-term consequences" The median tenure in tech is one to two years before moving on to another team or company [1]. You need to say that what you care about is long term, but that's now how we're compensated (read: incentivised). Plus you're not there to see it anyways so there are really very little incentives to think long term. [1] some googling but couldn't find a great s…
It does not match what I’ve observed in the industry.
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#83How many engineers does it take to lose chats, give bots unfettered access, not back up my messages, and spam me with low quality ads? It’s worth pointing out that the fees they charge for the premium subscription are absolutely outrageous. $20-$40 PER MONTH. I guess they just added a web client, which absolutely no one needs, that probably cost a pretty penny. Scruff makes a drastically better product at similar sca…
>I guess they just added a web client, which absolutely no one needs, that probably cost a pretty penny.
I'd argue the opposite, they absolutely need a web client, as Grindr (and Scruff) are getting their lunch eaten by a new Seattle-based competitor that has no app store presence and fully embraces the freedoms that come with that, and is cheaper to boot.
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#84Earlier quoted context omitted.
> probably moreso the higher-performing ones That's a pretty big assumption there.
Higher-performing employees generally have more options than lower-performing ones, so they aren't desperate enough to go through a disruptive and expensive move in order to keep their job. For similar reasons, I'd expect senior-level employees to be over-represented, because they're more likely to have kids, a spouse, and an existing mortgage.
True but the switching costs are still quite high for higher performing employees and it seems like the pool of tech companies requiring working in an office presence is also gaining share (ie pool of companies to switch to without in office work is low).
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#85Earlier quoted context omitted.
> It's a software company! But it's not actually a software company.
What are they? Edit: as the saying goes, people don't want a drill, they want a hole. So if Grindr isn't a software company but a matchmaker that happens to write software (or CaaS/PaaS), then I don't know who truly is a software company. Microsoft is a productivity company, Amazon is a retailer & B2B services company, Google is an advertiser, and so on.
A matchmaking service.
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#86And why did they resign and not wait to get fired? Is that a us thing?
The company offered a six month severance. Nobody in their right mind would leave that on the table and wait to get fired.
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#87Earlier quoted context omitted.
Which implies that staffing is less than 30% which means .... where is the other 40% going?!?!? Edit: unless advertising spend on the platforms is being counted ...
Office space costs /s
That would be hilarious, actually - but impossible, because it would make it the second biggest cost.
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#88> Staffing is the “single biggest cost” after fees paid to app distribution platforms like Apple Inc. and Alphabet Inc.’s Google, according to Arison. This is a hilarious quote. It's a software company! What other major costs are there besides the staff to make and manage the software? I think I even find it a little disturbing that fees paid to Apple and Google are higher than salary paid to staff.
> It's a software company! But it's not actually a software company.
They are selling software to users through monthly subscriptions.
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#89(1) You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. (2) On the flip side, RTO is only a lever for large tech companies who pay great salaries. Startups' advantage is that they can compete for talent by offering remote work that large companies are not willing to offer due to their large real estate commitments. You may just be bet…
> You can't assume losing half of staff is a downside.
Said Elon Musk about Twitter. How's that working out for him?
Re: Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement
#90> Staffing is the “single biggest cost” after fees paid to app distribution platforms like Apple Inc. and Alphabet Inc.’s Google, according to Arison. This is a hilarious quote. It's a software company! What other major costs are there besides the staff to make and manage the software? I think I even find it a little disturbing that fees paid to Apple and Google are higher than salary paid to staff.
> It's a software company! But it's not actually a software company.
It's a software tech company. They make the Grindr app. Nothing else.