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210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

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281–290 of 327 posts

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#281

Earlier quoted context omitted.

It's a great place to work. There, you can no longer say "you never heard it's a great place to work". Sample size of 1, but I love it.

That's great to hear, but how much did that change for you or others when the holocracy processes were added? I can see where that could totally change how I feel about a job even if I still love my coworkers, the job perks, etc.

Sorry I should have clarified - I meant Amazon is.

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#282

Earlier quoted context omitted.

It's a great place to work. There, you can no longer say "you never heard it's a great place to work". Sample size of 1, but I love it.

Are you an AWS employee? They're the only people who ever say good things about working at Amazon in my time reading HN.

Nope not AWS

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#283

Earlier quoted context omitted.

The death of pensions really did it. My wife and I each stumbled upon positions with a pension, and it seems as if the roller-coaster just stopped. We had no "loyalty" and moved around whenever the mood struck us, but now we look at the risk/reward of a more exciting job vs 25 years of stability and a secure retirement... it's not a hard decision to make.

Just be careful. I used to work at Nortel in Canada which at one point had over 90k employees. When I worked there, I believe they were making $18 billion a year in revenue. Profits appeared to be good. A few years later it turned out the "good profits" were actually accounting fraud. The company tanked and everyone lost their job. But Nortel had a fairly good pension system, so the people who had worked there for 25…

It wasn't mentioned if the job was public or private sector. Many government jobs have good pensions.

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#284
post #37

Earlier quoted context omitted.

I think the idea with Zappos is that they're supposed to be such a great place to work that you wouldn't want to leave. And in Zappos' case, I get why they offered severance deals. They were embarking on a radical experiment in organizational structure, and not everyone is going to be on board with it. Rather than having a bunch of people at the water cooler talking shit about the changes, you offer them money to lea…

I'm surprised the number of people taking the deal isn't higher. If I need religious zeal, I'll go join a religion.

Keep in mind that they're in vegas. There aren't a lot of similar companies there to transition to.

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#285
post #259
post #213

Earlier quoted context omitted.

Seems to work for Valve, with a few obvious problems: http://en.wikipedia.org/wiki/Valve_Corporation#Organizationa...

Here's Valve's reviews http://www.glassdoor.com/Reviews/Valve-Corporation-Reviews-E... Here's some choice quotes: "While it's true that Valve has no official job titles or promotions, compensation varies greatly among employees and many teams have an obvious pecking order. There is no formal management structure, but it's clear that some people have substantially more control over project direction and the work of ot…

It's interesting to note that these come from various ex but also current employees. Talks a lot about the culture over there.

> "The random mass firings of 2013 tanked moral, and the stream of talent leaving the company during 2014 didn't help."

I think this one is talking about the departure of Michael Abrash (and several others) to Occulus.

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#286

Earlier quoted context omitted.

Just be careful. I used to work at Nortel in Canada which at one point had over 90k employees. When I worked there, I believe they were making $18 billion a year in revenue. Profits appeared to be good. A few years later it turned out the "good profits" were actually accounting fraud. The company tanked and everyone lost their job. But Nortel had a fairly good pension system, so the people who had worked there for 25…

It wasn't mentioned if the job was public or private sector. Many government jobs have good pensions.

In Australia, this gets taken out of the equation as we have compulsory superannuation.

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#287
post #88

Earlier quoted context omitted.

I'm surprised the number of people taking the deal isn't higher. If I need religious zeal, I'll go join a religion.

well another way to look at it is that there is already a fundamentalist organizational religion that most people adhere to, they're just unaware of being part of one already

Please explain.

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#288
post #88

Earlier quoted context omitted.

I'm surprised the number of people taking the deal isn't higher. If I need religious zeal, I'll go join a religion.

well another way to look at it is that there is already a fundamentalist organizational religion that most people adhere to, they're just unaware of being part of one already

Please identify this "fundamentalist organizational religion" a bit clearer. Did you mean capitalism, b-school, emergent hierarchical organizations.. tribes?

Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum

#290

I just hope there's a budding writer at Zappo's who can fill in the details on day to day life in a holacracy. I keep trying to wrap my head around it and coming up blank.

I woder if it will all end up like "Lord of the Flies"?
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