51–60 of 164 posts
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Look, I soured on GNOME when GNOME 3 was released. But it's unfair to call GNOME "flashy and experimental". Modern GNOME looks contemporary to its peers. GNOME 2, in contrast, would look very dated.
At least GNOME 2 was usable.
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From what we were told this morning, this is a purely Red Hat decision not influenced by IBM, primarily intended to reduce our spending and save cash in light of the increased cost of money caused by rising interest rates. Roles affected will be "general and administrative" (apparently this is a GAAP - Generally Accepted Accounting Practices - term), and folks directly involved in developing or selling products (my i…
For the causes of R&D layoffs, I'm curious about the split between (a) increased interest rates, vs. (b) changes to U.S. tax code that disallow 5-year amortization of software-development costs. I'm only hearing people mention (a). So maybe (b) is less relevant than I'm imagining? CORRECTION: I think I stated (b) exactly backwards. IIUC, previously a company could fully expense the cost of software development in the…
I see interest rates being the number 1 excuse for layoffs, but there has to be something else on why Software is getting screwed so much in this down cycle. I used to think AI/LLMs, but who knows.
Im not seeing as many layoffs internationally but that might be biased, one would thought climbing interests rates would have more of a first order global effect
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Make as much as you can and bank the extra. The only real security you have is your own assets and financial discipline.
This! FIRE as fast as you can so you’re not at the whim of this class of people (management class, broadly speaking). There is no security, no one is coming to save you except you. I speak from experience.
> The layoffs come after IBM reported last week that Red Hat quarterly revenues had increased 8%. However, that was far below recent performances. “Red Hat had been averaging at least a 15% revenue growth, every quarter since IBM purchased it in 2019,” Looks like the enshittification of Red Hat is hitting its stride.
Care to elaborate? Why do you blame enshittification instead of the macroeconomic factors that have caused everyone else's revenue growth to slow, too?
> He said the layoffs would be “just under 4% in total.” > “We will not reduce roles directly selling to customers or building our products,” Hicks wrote. They are not touching development or sales. Sounds like they are trimming some fat.
> They are not touching development or sales. Sounds like they are trimming some fat. I don't think you can say that with such certainty. This could lead to developers spending more time doing admin, that was previously done by other people. Regardless, it sucks for the people being lade off, even if they are not touching development or sales.
The rest of your argument can be true, or not. It all depends on how useful the work of the lade off people was. You know there are positions in large corporations who basically just don't do anything, don't you?
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This! FIRE as fast as you can so you’re not at the whim of this class of people (management class, broadly speaking). There is no security, no one is coming to save you except you. I speak from experience.
What’s FIRE? This is an impossible to find acronym.
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This! FIRE as fast as you can so you’re not at the whim of this class of people (management class, broadly speaking). There is no security, no one is coming to save you except you. I speak from experience.
FIRE is obviously nice. I do think "bank the extra" is significantly more attainable, while providing a lot of extra security. 1. He doesn't have to change his spending habits at all. He just needs to direct the extra income into a saving account, maybe check on it one a month/quarter/year and move it someplace like CDs, Bonds, or ETFs. 2. His goal is to continue to work. Having a healthy savings account can keep you…
It's a lot more reasonable to have a goal of, say, having 2 years' of life expenses saved up in case you want to take a faux-sabbatical mid-career. If you're in tech in the US, this is really not hard if you aren't spending extremely lavishly.