131–140 of 240 posts
I'd be curious to see how the sudden surge of available workforce is affecting the average salaries in the IT, compared to other fields that weren't touched so badly by the layoff wave.
Not Poggers
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> Wait, I thought revenue was growing! How is that not sustainable? If you just leave costs where they are and let revenue grow, you are by definition sustaining/growing the bottom line. Come on man, if you don't understand how a business can be showing signs of unhealthiness while still increasing revenue then don't post. That's such a trivial superficial analysis of reality. I'm not going to pretend to know or unde…
The truth of the matter is that companies aren't monetarily incentivized to avoid layoffs. Layoffs cost almost nothing. Companies aren't required to pay full salaries or provide any healthcare/benefits for any reasonable period of time after a layoff. I think even the 3 month notice period from the WARN Act is a pretty crap amount of time to provide for employees who have been terminated. For a software company espec…
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I have never seen an advertisement for a startup on Twitch.
You mean they aren’t flooded with meal kit and mattress ads like every other form of media?
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So why didn't they do it a year ago? Or two years ago, or three? It would have increased profitability at that time, too. How did dozens of already-profitable companies all suddenly decide together to cut costs within 6 months of each other? I wish they would be more specific than the "macroeconomic environment" excuse. I swear these CEOs are like soccer players running around the pitch, just waiting for Mister Macro…
> Or two years ago, or three? Because 3 years ago (2020), their average concurrent viewer count increased from 1.26 to 2.12 million and average monthly streamers grew from 3.6 to 6.9 million. Both nearly 100% growth. Then the next year they both grew by about 30%. The company, for good reason, probably thought they needed more people -- more support staff, more payments to process, more server admins, more HR people…
I'll bite the bullet: damn maximizing profits. It's a bad, inhuman goal. You got people creating things other people enjoy and are making money. That is more than enough, more than most people get. When you maximize profit at the expense of your workers, instead of just keeping it sustainable, you are acting like an evil, nasty, selfish bastard.
How the hell do we get coders, mostly workers, defending the POV of the employer like that?
Coders of the world, *ing unite :P
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But if they don't maximize profit, another company will, and eventually it'll eat them for dinner.
Well, lets get some laws then? Say, lets *ing cap profits. Company sizes.
Again, workers of the world and all that
Communism was a resounding failure, and one sad consequence of that failure is that now we seem ok with growing concentration of power and wealth, and everyone seems to think like a capitalist, when so few actually are.
An important goal for a decent democracy is to counterbalance the inherent tendency of concentration that comes with capitalism, so that common people keep having cash and capitalists keep working for said common people.
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But then other countries will... (see above. Laws and all that. Free movement of capital, low tariffs without regard to other democratic and social goals, they stop democracy on its tracks while concentration grows)
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While we are at it? The whole 'build a moat' startup thing? Well, it can (maybe?) protect you from google and facebook, but is also a call to reduce competition in a way that specifically harms users and workers
(coders of the world, unite with the workers and stop pretending you are not workers yourselves?)
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Also: https://nitter.net/trungtphan/status/1342521433470210049#m
profit per employee. Again, your salary might not look so hot now, specially if you are helping getting other people unemployed
also, what a nasty metric to try to optimize
(sorry for the nitter link, if twitter is somewhat more confortable: https://twitter.com/trungtphan/status/1342521433470210049)
(coders of the world, kindly notice that your employers are actively trying to reduce your share of the pie, and, well... At least think about it? Call me maybe?)
> Like many companies, our business has been impacted by the current macroeconomic environment I must be living under a rock because, outside big tech self-inflicted wounds, I don't know what they are talking about. Is it Ukraine? SVB? Chinese housing market?
I guess Twitch still hardly making any money
> Like many companies, our business has been impacted by the current macroeconomic environment, and user and revenue growth has not kept pace with our expectations. In order to run our business sustainably, we’ve made the very difficult decision to shrink the size of our workforce. Let's just take a moment to admire this paragraph. > "our business has been impacted by the current macroeconomic environment" There's th…
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> Or two years ago, or three? Because 3 years ago (2020), their average concurrent viewer count increased from 1.26 to 2.12 million and average monthly streamers grew from 3.6 to 6.9 million. Both nearly 100% growth. Then the next year they both grew by about 30%. The company, for good reason, probably thought they needed more people -- more support staff, more payments to process, more server admins, more HR people…
You can be reasonable from your point of view, and still be evil and nasty and selfish. I'll bite the bullet: damn maximizing profits. It's a bad, inhuman goal. You got people creating things other people enjoy and are making money. That is more than enough, more than most people get. When you maximize profit at the expense of your workers, instead of just keeping it sustainable, you are acting like an evil, nasty, s…
why do you seem to think employees should have a job for life, anything else is "evil"? can you concede that some percentage of employees, for a variety of reasons, are not providing value to the company?
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Yup, this is basically it. My team at work hasn't created any meaningful value in a year. We've shipped nonstop but the things were tasked to work on just don't work out or even if they are well received simply don't add up to our salaries.
This is going to get a lot of hate, but the common refrain about WFH is "my productivity is up." That might be true, but it doesn't mean you're producing the right things, and I've found that harder to do remotely.