301–310 of 339 posts
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She was a great leader. She recognized that our team was cohesive and could make a better decision than she could. She was one of the best managers I ever had.
she is supposed to be part of the team and have the same knowledge and thus be able to make an equally or more informed decision
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It seems like the article is saying that the fact that there isn't a union is actually a big help in the ability to do this kind of lay-off. > Swedish companies must negotiate with unions before layoffs. However, this was not the case at Klarna, nor is it the case at most Swedish tech companies. Klarna does not have a collective bargaining agreement (called “kollektivavtal” in Swedish) in place. This means that Klarn…
I never heard this before. I thought unions were always involved, regardless of kollektivavtal or not. Would like to hear from a Swedish expert on this.
Also, they have to give six months notice to the unemployment agency if they plan to fire more than 100 people.
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I never heard this before. I thought unions were always involved, regardless of kollektivavtal or not. Would like to hear from a Swedish expert on this.
Yes, if unions exist at the company (which they did at Klarna), a company is required by law to negotiate with ALL employee organisations present at the company. This is one of the reasons large companies adopt kollektivavtal, it allows them to only have to negotiate with one union for employment changes. Source (Swedish law): https://lagen.nu/1976:580#P13S2 Google translated: > If the employer is not bound by any co…
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What? Isn’t revenue kind of … revenue? What else can it be?
To my knowledge, there isn't any reason klarna can't describe their transaction volume as revenue. Then declare their margin 3%. As a private tech company I would assume that they are using the broadest possible definition of revenue.
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> I would have to pay all those when doing the car transfer at DMV. ...why are these are on the car and not on the person?
DMV doesn't care who pays it. They won't process the title transfer of the car as long as there're unpaid taxes or fines. Imagine I've already paid the money to make the purchase, and later going to DMV to transfer the car title but find out I couldn't due to unpaid fines. What could I do? Either paid the outstanding fines or sued the owner to revert the sale. Headaches all around. I didn't go through with the purcha…
Well, thi is understandable but it doesn't explain why these fines are on the item and not on the person [who disn't paid the taxes]
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I recently left an 8,000 person company that's been on a 2 decade loop of private money to publicly traded and back a couple times now. It occurred to me that in 25ish years (about 10 of which I worked there) that it might never have made any money - I can't remember a profitable year ever; we were always seeking growth above all else. I now work at a small SaaS company of around 50 people and it's only ever made mon…
> I recently left an 8,000 person company that's been on a 2 decade loop of private money to publicly traded and back a couple times now. It occurred to me that in 25ish years (about 10 of which I worked there) that it might never have made any money That is crazy if true. My fear is that there are a ton of tech companies like that, just chasing future profits or an acquisition, but not actually creating anything of…
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Buy Now Pay Later actually has a really good use case, it’s for people who may be wary of credit cards, interest, and or low credit scores. For example, many people who wouldn’t take out credit cards will use BNPL. Also, usury is prohibited in the major Abrahamic religions, so BNPL can also work for client avoiding interest loans.
So before I worked at the last job, I worked for a camera store back in the last days where those were still generally a thing (2004-2010 - it wasn't too bad of a job for a kid in school). We offered by now, pay later back then, and I don't think we invented it either. Of course it was basically just a credit card application, and there was no requirement to pay it off within a set amount of time, but if you didn't,…
I have never understood why health ensurance is handled by the employer in the US, why don't people buy private health insurance instead? It feels insane to put yourself in that kind of dependency on your employer.
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One of my ex-colleagues simply quit one day - no emails, no notice...nothing. Another one of my ex-colleagues told me he was doing two jobs, but only working 8 hours in total per day, if that. Then COVID layoffs happened. In the first case, the company simply turned off the logins - it was their way of laying people off (one laid off guy had been with the company for 15 years, another one had health issues and needed…
> the company simply turned off the logins - it was their way of laying people off In a lot of countries this is illegal, you need to prove a cause for firing anyone. One of the reasons klarnas firings in Sweden have been controversial and complicated is that they specifically tried to sidestep that by "firing people" by getting them to resign and accept a deal. They would not be able to just outright fire people wit…
He was billing the companies 8 hours a day, each. Is this unethical? Sure. But he had no work for weeks and weeks, despite asking his manager daily about it. He was on FaceBook first, then Netflix, finally got himself a second job. Until they laid him off, with 2 hours notice on a Friday afternoon.
This is what happens when employers treat their employees like crap. I have zero sympathy for most employers these days.
I have never understood why health ensurance is handled by the employer in the US, why don't people buy private health insurance instead? It feels insane to put yourself in that kind of dependency on your employer.