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Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

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11–20 of 69 posts

Re: Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

#11
post #6

Earlier quoted context omitted.

> childish perks like free food Ahh yes, food, such a childish thing.

Conveniently dropped the ‘free’ I see. Whenever I interviewed with companies and they mentioned free meals or fridges full of sodas as a perk, that was a red flag. Companies like IBM and Microsoft had on-site cafeterias and coffee shops usually with subsidized pricing and it never came up in in interviews.

Probably because the food isn't good and they're paying for it?

Re: Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

#12

> The last real deflation in tech was all the way back in 2000, 2001. There’s almost no one working in tech now who was around for that. Oh?

Almost no one doesn’t mean no one. There’s been so much growth in the industry in the past 20 years that even if everyone working in 2001 was still working now, I wouldn’t be surprised if they were a small minority compared to the sea of new talent

Re: Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

#15
post #12

> The last real deflation in tech was all the way back in 2000, 2001. There’s almost no one working in tech now who was around for that. Oh?

Almost no one doesn’t mean no one. There’s been so much growth in the industry in the past 20 years that even if everyone working in 2001 was still working now, I wouldn’t be surprised if they were a small minority compared to the sea of new talent

Depends on where you work, obviously. In my organization (at a FAANG), people in their 40s are probably a (very slim) majority.

Re: Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

#17
Software is one of the best tools we have for dealing with human communication issues (in a variety of ways). While there might not be many iPhone / fb / twitter size jackpots out there (until the next hardware growth enables new opportunities), there’s still tons of human communication problems to be solved.

Software is ultimately about replacing inefficient human communication and we still have a lot of that.

Re: Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

#18
post #12

Earlier quoted context omitted.

Almost no one doesn’t mean no one. There’s been so much growth in the industry in the past 20 years that even if everyone working in 2001 was still working now, I wouldn’t be surprised if they were a small minority compared to the sea of new talent

Depends on where you work, obviously. In my organization (at a FAANG), people in their 40s are probably a (very slim) majority.

I'm also at a FAANG, and work with a lot of people in their 40's

Re: Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

#19
post #16

"Tech is mature and growth is over". I remember that consensus headline from the 1980s.

Yeah. This article is repeating the classic rationale established companies use coming into each downturn: Growth is over forever, so let's burn the seed corn.

Fast forward a few years, and a crop of startups (that innovated while the incumbents belt-tightened) blindside previously unassailable monopolies.

I find it kind of ironic that they use Facebook and Google as examples in the article.

Remember when FB bought the Sun campus, stripped it to concrete walls, and grafitti'ed the hell out of it? Google HQ is the fossilized remains of the SGI campus.

The big question now is: Who is going to dethrone the current rudderless big tech companies, and how will they do it?

Re: Silicon Valley layoffs aren’t a cost-cutting measure. They’re a culture reset

#20

The Silicon Valley culture was aimed at attracting younger talent away from established companies, with childish perks like free food and video games, and a less rigid work structure. But it was never going be sustainable. At the core, the ‘promise’ that these new tech companies alluded to one day had to actually appear. And the slow creep of government regulation was always going to catch up too. I always assumed mo…

- Spend most of the day toying with new shiny toys and UIs rather than shipping value
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