201–210 of 333 posts
If the company fires hundreds or thousands of people and there is no visible dip in the productivity, is it really a bad thing? One thing that is baffling to me is that these companies can fire 10% of their workforce and they just keep on chugging without a hitch. The bullshit job phenomenon is the problem here.
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Companies reduce initiatives and headcount at the same time. It's usually approached as a budget reduction exercise: Company is reducing budgets by X%. Select which projects get cancelled. Now work with managers to identify enough employees to lay off to reduce headcount spend by X%. Now reorganize remaining employees across remaining projects, with the understanding that a few extra people will leave due to future l…
Twitter shed 80% and still works, is still the go to outside of fringe empty echo chambers of the left and right divide. Not only that but they added a significant amount of features like Grok, which I know nothing about really, and Substack like payments. 80% is a lot and it works just fine. 7,500 to 1,300 in Jan 2023. Source: https://www.cnbc.com/2023/01/20/twitter-is-down-to-fewer-tha...
I'm also getting a lot of garden variety "West/Christianity vs East/Islam" type race baiters and stupid 9gag type memes despite actively trying to indicate to the algorithm that I'm not interested. I think they've skewed it towards controversy to increase engagement but it's just boring.
If the company fires hundreds or thousands of people and there is no visible dip in the productivity, is it really a bad thing? One thing that is baffling to me is that these companies can fire 10% of their workforce and they just keep on chugging without a hitch. The bullshit job phenomenon is the problem here.
Eventually some planes will crash, but it's ok as long as it happens after effective management gets their bonus and moves on to optimise another company.
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It absolutely isn’t functioning the same. Technically maybe everything works more or less as well as before, after a year. …but the experience is quite bad now: every other thread is full of crypto and/or onlyfans promoting bots. The algorithm displays a lot of obvious attention grabbing posts which have 300 replies, 10 of which are from humans. There’s a constant stream of bots trying to connect with you via follows…
On the other hand, I love it now and hated it before. Guess it depends on what you're looking for. Me - I like little to no moderation and government interference and don't find much offensive and have no problem just ignoring anything I do find objectionable. All worth it to be able to speak honestly.
What about when companies are doing layoffs but still continue hire at exactly the same time ? Sometimes, they even hire for the same positions that were just laid off. Are there ever conversations where employees are asked to take a pay cut instead of being laid off?
Months later, when things continue to go really bad in the economy, they told them same firms, they needed to take another 50% cut (so now down 75%), most took that as well, but not all. Those that didn't take it largely found themselves unemployed for a very long time.
Just goes to show you how bloated those rates were to begin with.
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Yeah. The Google Graveyard really shows how far this can go. https://killedbygoogle.com The punchline is that in addition to hundreds of failed hobby projects, their stock is doing great. Monopoly rents are a helluva drug.
I never understood the complaints about this. Why shouldn’t a company try and do new things?
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Why is anyone so quick to take the company side? For starters, productivity is a broad term, so without defining what it means in context it isn’t doing anyone any favors. You won’t feel the dip or record it until after the event happens, and often not right away. When productivity drops a year from now for example, that could be due to layoffs. It’s not always immediate in its impact. I also question this from the o…
> Why is anyone so quick to take the company side? HN has a lot of "wish I was a tech CEO" types, plus the general dose of contrarianism that runs deep in this place.
Earlier quoted context omitted.
Why is anyone so quick to take the company side? For starters, productivity is a broad term, so without defining what it means in context it isn’t doing anyone any favors. You won’t feel the dip or record it until after the event happens, and often not right away. When productivity drops a year from now for example, that could be due to layoffs. It’s not always immediate in its impact. I also question this from the o…
> Why is anyone so quick to take the company side? HN has a lot of "wish I was a tech CEO" types, plus the general dose of contrarianism that runs deep in this place.