51–60 of 593 posts
Earlier quoted context omitted.
And as far as I can tell that’s America only, nevermind Europe and Australia...
In UK employees are more likely to get furloughed, where they are paid 80% of their salary from the government, do not work but keep their job.
I’ve been checking layoffs.fyi every day and it is incredibly bleak
This is looking 2001-dot-com-crash bad, but much, much faster. It's worth remembering there are plenty of companies not laying people off, and "normal" will return eventually. That said, I was watching The Big Short yesterday, and a line that I had noted before haunted me even more: "For every 1% unemployment goes up [in the USA], 40,000 people die". Stay safe, stay positive.
I wish there was some kind of list for the UK. Our news services are shockingly bad.
Although lots of UK companies won't be making any redundancies until the Coronavirus Job Retention Scheme ends. It's much easier to put UK workers on the 80% pay furlough scheme than firing them. As soon as that money dries up expect companies to make lots of mass redundancies. It's going to be interesting to see the UK government's exit strategy from this crisis, immediately terminating the scheme before the economy…
I wish there was some kind of list for the UK. Our news services are shockingly bad.
a startup based in London just fired 10% of their workforce. all were given two options: government's furlough scheme where the state pays 80% of the salary, or outright dismissal. interestingly, half chose to quit.
Ask HN: Who is looking to be fired?
Video calls with friends and co-workers doesn't cut it, plus the 1 hour mandatory exercise.
I'd rather change jobs and be outside chopping wood or something that is "productive".
CircleCI. Last week during covid crisis, all while announcing a $100m Series E round of financing, they let some employees go and did not offer any severance. Disorganized management, and with some teams, passive-aggressive management style. Would not recommend joining...
In some companies it feels like they are firing the people that they could not easily get rid of otherwise - cutting of the bottom 25% of staff (based on low performance reviews or personal grudges).
Statistically-speaking, this will disproportionately effect women and minorities (low performance reviews !necessarily= low performance when implicit bias is present, which again, statistically-speaking, it is). Certainly these times suck for everyone, but there go the careers of black, brown, and female millennials with yet another black mark on their CVs before they've hit their 40s.
CircleCI. Last week during covid crisis, all while announcing a $100m Series E round of financing, they let some employees go and did not offer any severance. Disorganized management, and with some teams, passive-aggressive management style. Would not recommend joining...
How would you characterize the quality of CircleCI? I've spent quite a few hours trying to work out mysterious bugs in a build process that runs fine locally. This morning the web ui was full of 'client error' messages.