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Some Automattic employees accept severance package offer
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Re: Some Automattic employees accept severance package offer
#428.4% 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
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
#43Re: Some Automattic employees accept severance package offer
#44Looks 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.
Re: Some Automattic employees accept severance package offer
#45Earlier 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
Re: Some Automattic employees accept severance package offer
#468.4% 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
Re: Some Automattic employees accept severance package offer
#47Earlier 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…
> 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
#48I hope the legal team isn't included as part of that 159 employees, because god forbid they'll be needed.
Re: Some Automattic employees accept severance package offer
#49TIL Pocket Casts is an Automattic product. Anyone have recommendations to switch (and not to the disaster that is Overcast)?
They're even still honoring lifelong premium access for first purchases of their apps.
Re: Some Automattic employees accept severance package offer
#50TIL Pocket Casts is an Automattic product. Anyone have recommendations to switch (and not to the disaster that is Overcast)?
What features are you looking for? What features are you avoiding?