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Tell HN: Confluent laying off 8% of staff

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Re: Tell HN: Confluent laying off 8% of staff

#21

Post by harvey9 »

RohMin wrote: post #14
scarface74 wrote: post #7

Earlier quoted context omitted.

I don’t get this mentality. From a meta level, Confluent isn’t profitable. In this environment, what would you have Confluent to do? The second point, a job is always transactional, you exchange labor for money and at any given time, either party can stop that transaction Also, if you are a tech person in any major city in the US, you are more than likely making at least twice the median wage in that city. If others…

Empathy for those laid off shouldn't vary based on visa status. These are real people losing their jobs, searching for another job in an already saturated market.

I don't think they meant different empathy, just visa holders have fewer options around getting a new job

Re: Tell HN: Confluent laying off 8% of staff

#22

Post by kibwen »

scarface74 wrote: post #7
voytec wrote: post #3

The real question is: does the CEO take full responsibility?

I don’t get this mentality. From a meta level, Confluent isn’t profitable. In this environment, what would you have Confluent to do? The second point, a job is always transactional, you exchange labor for money and at any given time, either party can stop that transaction Also, if you are a tech person in any major city in the US, you are more than likely making at least twice the median wage in that city. If others…

Responsibility would mean cutting executive compensation. If the executives are choosing to inflict suffering on anyone but themselves, that's not responsibility, that's crocodile tears.

Re: Tell HN: Confluent laying off 8% of staff

#23

Post by f6v »

voytec wrote: post #3

The real question is: does the CEO take full responsibility?

I mean, it’s a funny joke. But this attitude only upsets people who thought jobs were not transactional. Kind of reminds me of stories by people who paid for sex and found out the sex worker didn’t want to cuddle afterwards.

Re: Tell HN: Confluent laying off 8% of staff

#24

Post by mcv »

I really get the feeling that many companies are just blindly doing whatever other companies do. One starts large layoffs, and suddenly everybody is doing it. At other times, when one goes on a hiring spree, they all go. One tries to reduce salaries, they all do. One pays enormous bonuses, and they all do. It's like CEOs aren't really thinking for themselves, just copying whatever the market does.

Re: Tell HN: Confluent laying off 8% of staff

#25

Post by juujian »

andsoitis wrote: post #17
voytec wrote: post #3

The real question is: does the CEO take full responsibility?

The CEO's job (responsibility) is not to give people jobs, but to steer a company for success on behalf of the owners. If your comment ("CEO takes full responsibility") is suggesting s/he should be fired or compensation reduced because of their misread of the future, that would be quite silly. Companies don't fire people for making mistakes (in fact if you make no mistakes you probably should be let go because you're…

I think you should get your sarcasm detector checked. He was referring to the recent surge of empty CEO statements built around the "full responsibility" cliche.

Re: Tell HN: Confluent laying off 8% of staff

#26

Post by idopmstuff »

RohMin wrote: post #14
scarface74 wrote: post #7

Earlier quoted context omitted.

I don’t get this mentality. From a meta level, Confluent isn’t profitable. In this environment, what would you have Confluent to do? The second point, a job is always transactional, you exchange labor for money and at any given time, either party can stop that transaction Also, if you are a tech person in any major city in the US, you are more than likely making at least twice the median wage in that city. If others…

Empathy for those laid off shouldn't vary based on visa status. These are real people losing their jobs, searching for another job in an already saturated market.

I completely disagree. Not all job losses are the same, and visa status makes an enormous difference in the consequences of losing one's job.

I've been laid off. At the time, I had plenty of savings and nobody depending on me besides my dog. I took some time off and was later able to find a new job. The company didn't have any H-1Bs at the time, but if it did they certainly would've been in a much worse situation than I was and clearly more deserving of empathy.

Re: Tell HN: Confluent laying off 8% of staff

#27

Post by [deleted] »

andsoitis wrote: post #17
voytec wrote: post #3

The real question is: does the CEO take full responsibility?

The CEO's job (responsibility) is not to give people jobs, but to steer a company for success on behalf of the owners. If your comment ("CEO takes full responsibility") is suggesting s/he should be fired or compensation reduced because of their misread of the future, that would be quite silly. Companies don't fire people for making mistakes (in fact if you make no mistakes you probably should be let go because you're…

[deleted]

Re: Tell HN: Confluent laying off 8% of staff

#29

Post by mattyb678 »

jay-barronville wrote: post #10

Well, here’s some great news: The CEO takes full responsibility [1]! > Ultimately, we had optimized some aspects of our operations for a very different world than we found ourselves operating in. The responsibility for that falls squarely on me. [1]: https://www.publicnow.com/view/CEA41F7D5BB5C6CFF1144A3A9C462...

Let’s not mince words, though; the accountability for this decision rests with me. The consequences, on the other hand, rest with you, but so does a pretty generous COBRA package.[1]

/s

[1]: https://www.mcsweeneys.net/articles/macroeconomic-changes-ha...

Re: Tell HN: Confluent laying off 8% of staff

#30

Post by mtnygard »

mcv wrote: post #24

I really get the feeling that many companies are just blindly doing whatever other companies do. One starts large layoffs, and suddenly everybody is doing it. At other times, when one goes on a hiring spree, they all go. One tries to reduce salaries, they all do. One pays enormous bonuses, and they all do. It's like CEOs aren't really thinking for themselves, just copying whatever the market does.

I can’t comment on whether this is blind following or not. But it’s a real fact that the market will punish you less for layoffs when others are doing it too. It’s like how the best time to reveal a scandal is after someone else has revealed a bigger scandal.
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