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From Reddit discussions, if they can be trusted, there is nobody who can remove Matt from any position. It's a private company and the investors were given non-voting shares.
he'd already be out if it was simple to force him out
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I disagree - it's not properly addressed, but it's nice to see it at least brought up. Layoffs are always awful, but seeing companies talk about "changing economic realities" amongst continuing revenue and profit growth - often all time highs - is a real morale killer for those who are left behind. Microsoft/Amazon/Alphabet/Google are trillion dollar megacorps who are insanely profitable, but they're firing people be…
I might agree with you, if the "why we're making changes" section had listed even one reason to lay people off.
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a lot of companies ask for equipment to be returned due to security concerns, or just on principle
klarna allowed us to buy our work phone and macbook paying only the tax value. We had to give them the devices so they would be wiped out by a third party, then they mailed them to my home.
You can wipe them fully (which would be the recommendation for MacBooks) and remove just work-installed apps on an iPhone.
Mentioning "our revenue continues to grow" seems quite out of place in an announcement like this.
I disagree - it's not properly addressed, but it's nice to see it at least brought up. Layoffs are always awful, but seeing companies talk about "changing economic realities" amongst continuing revenue and profit growth - often all time highs - is a real morale killer for those who are left behind. Microsoft/Amazon/Alphabet/Google are trillion dollar megacorps who are insanely profitable, but they're firing people be…
On the other hand, why should a company keep people around that they don’t need?
And the last point, speaking more about Microsoft/Amazon/Google, if you have worked for either company for any length of time, there is no excuse for you not to have a nice nest egg to tide you over especially considering the severance amounts they give you.
You might be forced to sully yourself and become an “enterprise developer” and make around what most of the 2.8 million developers in the US.
And yes, I did a bid at Amazon and within three years, I paid off some debt, saved a chunk of change, got my 3.5 months severance package and found another job quickly that was my target compensation (not enterprise dev).
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A company which is even moderately "OK" at IT will already have the means to instantly lock and securely wipe devices of any employee at a moments notice. Doing this during a RIF is a hell of a lot better than making the mail room deal with a bunch of filthy laptops.
A large bunch of big companies, including some of the biggest on the planet don't even sell past-end-of-life laptops to their current employees. Let that sink in. They're not even willing to > old laptops, they would rather scrap them and contribute to pollution and overall waste.
One choice won't get you fired, the other might save you a bit of cash.
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he'd already be out if it was simple to force him out
Let this be a lesson to anyone investing in a startup: don't give any cash unless there's real corporate governance.
> This restructuring will result in an approximately 16% workforce reduction Probably the most salient detail for non-Automattic employees. Everything else was generic fluff.
> non-Automattic employees non- Automatticians . Yes, they literally used this term in TFA.
It doesn't mean that employees have some cultlike adoration for the company. It's just very convenient inside the company to have a single short word to refer to all employees of the business.
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> non-Automattic employees non- Automatticians . Yes, they literally used this term in TFA.
I know this really bugs some people but every tech company these days has a demonym for its employees. It doesn't mean that employees have some cultlike adoration for the company. It's just very convenient inside the company to have a single short word to refer to all employees of the business.
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> non-Automattic employees non- Automatticians . Yes, they literally used this term in TFA.
I know this really bugs some people but every tech company these days has a demonym for its employees. It doesn't mean that employees have some cultlike adoration for the company. It's just very convenient inside the company to have a single short word to refer to all employees of the business.
I hope the RIF'd employees can pay rent with that gratitude.
If I were considering using Wordpress for anything, which I am not, this would end those plans. If they're laying off and keeping the CEO, they must be in dire financial straits. That message says "we're doing all the right things and have good leadership with a track record of making good decisions, but we have no alternative but to fire a sixth of our employees". That's not a good sign.