During the dot-com bust of the early 2000s, I was working at a super-market. One of the guys stocking shelves was a software engineer laid off by a large company after 40 years. The management at Winn Dixie put him stacking boxes in the freezer section...since they knew he needed the money and wouldn't quit. Maybe he deserved to get fired, maybe he didn't. The lesson to me that has been reinforced over my career in t…
Reports Coming in of Big IBM Layoffs Underway in the U.S.
131–140 of 428 posts
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#132Earlier quoted context omitted.
No, actually a company is its shareholders. Literally. Employees are the hired help.
shareholder capitalism is a noxious falsehood that has very unfortunately been enshrined in our current interpretation of the law. this should not be regarded as a baseline truth nor a desirable transitional state. it is a bad idea that we must not succumb to. companies are multi-faceted entities with many different stakeholders. the workers are a 100% necessary stakeholder and the company cannot operate without them…
What's noxious is the whole idea of "stakeholders", as if working somewhere gives you some kind of ownership. If you want to own your job you need to be self employed.
If I hire someone to cut my grass is he now a "stakeholder" who needs to be consulted when I sell my house?
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#133What a dastardly fellow! How dare the elected officer run his company as he sees fit WHY ALL THE DOWNVOTES!!?!?!?!
She.
Seriously, though... what is the implication that I am missing? What is the point of bringing up the CEO's pay? Should it be government mandated, is that what you all believe?
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#134Earlier quoted context omitted.
He's the one who said to me "If you walk like a duck, quack like a duck, act like a duck, you are a duck" like he was the Oracle of Delphi.
OOP visionary, wow. (And if your birth certificate and other papers say you're a duck, but you don't quite walk like one, then you're a subtype of duck. If you're a subtype of duck which has a thumb and a nose, then you use these appendages together to show disdain for Barbara Liskov's Substitution Principle.)
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#135Here's what I don't get... If you have any options at all, why stay at a company with sub-par technology that abuses their workers? They've been stuck in low 3 Glassdoor [0] range for a while. It's layoff after layoff as they slowly dismantle the company. Why stay? Geographic limitations? Narrow skillsets? [0] https://www.glassdoor.com/Reviews/IBM-Reviews-E354.htm#trend...
Among other factors mentioned: employer-specific skillsets. Technology jobs are very highly specialised. And I'm not just speaking of computer tech. I'm old enough to have seen several generations of obsoleted "gold tickets". Nuclear Engineering, future destroyed March 28, 1979. Freeway engineers, the freeway protests of the 1960s/1970s. Big Three auto manufacturers, dream destroyed with the first oil embargo, and su…
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#136Earlier quoted context omitted.
Among other factors mentioned: employer-specific skillsets. Technology jobs are very highly specialised. And I'm not just speaking of computer tech. I'm old enough to have seen several generations of obsoleted "gold tickets". Nuclear Engineering, future destroyed March 28, 1979. Freeway engineers, the freeway protests of the 1960s/1970s. Big Three auto manufacturers, dream destroyed with the first oil embargo, and su…
>It's not that these people are dumb, many were brilliant. But they're also laden with a tremendous amount of arcane knowledge, that, unfortunately, gets in the way of learning new skills. I don't use the term "brilliant" for anyone who can't learn outside their narrow specialty.
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#137Earlier quoted context omitted.
Geographic limitations are a big deal. I'm in the same sort of position as the IBM'ers, in that my company is slowly farming out what used to be internal apps to SaaS companies and moving the remaining jobs to a contractor in India. My family is local, and as I get older that's more and more important. If I have to leave town it's going to have a big impact on my happiness. So much so, in fact, that I may take a huge…
And before someone suggests moving to silly valley, consider doing so requires accepting a 98%+ chance you will never own a home unless you're willing to put up with a horrific commute. In most of sf/peninsula detached homes cost $1.5m+. And even a condo is difficult to afford on the salaries available. Home ownership for most of us requires a startup win giving you at least $0.5m after taxes plus you and your spouse…
There's a boatload of reckless spending on developers and engineers right now. It's only a matter of time before financiers start pushing for headcount reductions.
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#138During the dot-com bust of the early 2000s, I was working at a super-market. One of the guys stocking shelves was a software engineer laid off by a large company after 40 years. The management at Winn Dixie put him stacking boxes in the freezer section...since they knew he needed the money and wouldn't quit. Maybe he deserved to get fired, maybe he didn't. The lesson to me that has been reinforced over my career in t…
And learn how to job search. There's surely a better job that guy could have found.
Re: Reports Coming in of Big IBM Layoffs Underway in the U.S.
#139Earlier quoted context omitted.
Among other factors mentioned: employer-specific skillsets. Technology jobs are very highly specialised. And I'm not just speaking of computer tech. I'm old enough to have seen several generations of obsoleted "gold tickets". Nuclear Engineering, future destroyed March 28, 1979. Freeway engineers, the freeway protests of the 1960s/1970s. Big Three auto manufacturers, dream destroyed with the first oil embargo, and su…
Perhaps IBM has more workers that are like the workers at AT&T than we would have expected. AT&T is in a difficult position as its extremely large workforce is being attacked into irrelevance by new technology upstarts. > To Mr. Stephenson, it should be an easy choice for most workers: Learn new skills or find your career choices are very limited. “There is a need to retool yourself, and you should not expect to stop…
I really really do hope that it works out though; my rational mind believes it otherwise.