"I take full responsibility" is the new "our incredible journey" of failing tech company cliches.
Prisma laying off 28% staff
21–30 of 246 posts
Re: Prisma laying off 28% staff
#22Wait let me guess, the CEO is taking full responsibility but with no actual consequences?
He gets to learn from his mistake while 28% of his company is held accountable for the company’s lack of productivity. What’s so complicated about that?
Re: Prisma laying off 28% staff
#23Earlier quoted context omitted.
When you need to cull 28% of the headcount it signifies a huge fail over many many months, not just a one off miscalculation
One miscalculation can result in them over hiring. Are you suggesting they should have instead every month lay off a few people depending on how the current environment looks instead of 28% at once?
Natural attrition can cut headcount. Large layoffs are a sign of incompetence.
Re: Prisma laying off 28% staff
#24Earlier quoted context omitted.
Why should he face consequences? Instead he should focus on learning from the mistake so that the company can try to avoid making the same mistake again. Punishing him isn't going to solve any of the company's problems.
When you need to cull 28% of the headcount it signifies a huge fail over many many months, not just a one off miscalculation
The blunt truth is that layoffs are not really failures from a business perspective. Employees and their employment don't really matter independent of other things. Could be the symptom of a mistake or could just be a failed bet but that's all. It's just a question of risk, reward and cost. Not a question of people. If the layoffs targets low performing employees or departments then it's actually a business win.
If you don't like that then consider pushing for unions, government regulations or join an employee co-op. However many people don't like that option because they prefer to not risk the massive compensation packages that big tech gives them.
I'm reminded of the Street Fighter quote:
"For you, the day Bison graced your village was the most important day of your life. But for me... it was Tuesday."
Re: Prisma laying off 28% staff
#25This company is based on an ORM library? How do they make money?
Hosted database SaaS, with the (free) library somehow integrated.
Re: Prisma laying off 28% staff
#26So I read their website and to my understanding, they make a DB interface layer, and have 100+ staff? How is this not a company of like 10 people.
Re: Prisma laying off 28% staff
#27This company is based on an ORM library? How do they make money?
They offer a proxy service for connecting to your relational database from server-less environments like lambda
Re: Prisma laying off 28% staff
#28Re: Prisma laying off 28% staff
#29Earlier quoted context omitted.
When you need to cull 28% of the headcount it signifies a huge fail over many many months, not just a one off miscalculation
One miscalculation can result in them over hiring. Are you suggesting they should have instead every month lay off a few people depending on how the current environment looks instead of 28% at once?
No I am suggesting that they clearly over hired over a long period of time. Surely they recalculated over that period of time...if not then that sums the incompetence up
Re: Prisma laying off 28% staff
#30So I read their website and to my understanding, they make a DB interface layer, and have 100+ staff? How is this not a company of like 10 people.
Probably sales/marketing/design.