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Some Automattic employees accept severance package offer

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Re: Some Automattic employees accept severance package offer

#42
post #23

8.4% or 159 employees is a lot of people, this will be long-remember at this company. On the other hand, most companies easily have at least 20% headcount overhead, so it'll be okay.

twitter fired a lot more % and it's still working

By nearly every measure Twitter is doing a lot worse than it was before those people were fired. It was growing in revenues and profit and since then has shrunk drastically in both measures.

Now one could reasonably argue that it wasn’t due to the firing. However, the burden of proof lies with the people claiming that the concurrent loss of revenue and profit had nothing to do with the firings.

And Twitter being a private company it’s unlikely anyone can ever get the data to support that claim. Further, Twitter’s unique nature as a vanity project for the owner makes even public statements bh thst owner highly suspect, since they have a vested interest in making this look like the right decision and disclosure laws don’t apply to private companies so he can basically lie and still be ok.

Re: Some Automattic employees accept severance package offer

#43
post #41
post #40

[flagged]

How did you infer this…?

159 left and they are 8.4% of the workforce according to the article.

  159 is 8.4% of X
  Equation: Y = P% of X
  Solving our equation for X
  X = Y/P%
  X = 159/8.4%
  Converting percent to decimal:
  X = 159/8.4\* 100
  X = 1892.85714

Re: Some Automattic employees accept severance package offer

#44
post #13

Looks like the 2021 situation at 37signals.

That was peak tech idiocy. If I remember correctly nearly half the company took the severance package? Generous of them to offer all that free money, but a crazy business decision.

I’m not saying DHH is a great company leader (I don’t know!). But did the business do worse afterwards? Having too many employees can hinder the business, even if they are great people.

Re: Some Automattic employees accept severance package offer

#45
post #43
post #41

Earlier quoted context omitted.

How did you infer this…?

159 left and they are 8.4% of the workforce according to the article. 159 is 8.4% of X Equation: Y = P% of X Solving our equation for X X = Y/P% X = 159/8.4% Converting percent to decimal: X = 159/8.4\* 100 X = 1892.85714

So we can know for sure that those who stay think that the CEO made a good decision in this regard, simply because they declined this offer?

Re: Some Automattic employees accept severance package offer

#46
post #23

8.4% or 159 employees is a lot of people, this will be long-remember at this company. On the other hand, most companies easily have at least 20% headcount overhead, so it'll be okay.

twitter fired a lot more % and it's still working

Twitter was profitable just before Elon purchased it and gutted it. So far his plan is not working.

Re: Some Automattic employees accept severance package offer

#47

Earlier quoted context omitted.

twitter fired a lot more % and it's still working

By nearly every measure Twitter is doing a lot worse than it was before those people were fired. It was growing in revenues and profit and since then has shrunk drastically in both measures. Now one could reasonably argue that it wasn’t due to the firing. However, the burden of proof lies with the people claiming that the concurrent loss of revenue and profit had nothing to do with the firings. And Twitter being a pr…

> By nearly every measure Twitter is doing a lot worse

> And Twitter being a private company it’s unlikely anyone can ever get the data support that claim

So, only the data supporting your point of view is reliable?

Re: Some Automattic employees accept severance package offer

#48

I hope the legal team isn't included as part of that 159 employees, because god forbid they'll be needed.

Generally the "real work" is outsourced (briefed out), in house legal only manages the work. In house lawyers don't have the day to day experience of dedicated trial lawyers.

Re: Some Automattic employees accept severance package offer

#49

TIL Pocket Casts is an Automattic product. Anyone have recommendations to switch (and not to the disaster that is Overcast)?

A competing product would have to at least be on par in terms of quality, licensing, UI/UX, app availability, sync, web interface. They'd have to start sacrificing living animals before I'd consider switching.

They're even still honoring lifelong premium access for first purchases of their apps.

Re: Some Automattic employees accept severance package offer

#50

TIL Pocket Casts is an Automattic product. Anyone have recommendations to switch (and not to the disaster that is Overcast)?

Without knowing why you consider overcast a disaster, no

What features are you looking for? What features are you avoiding?

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