71–80 of 276 posts
Possibly stupid question - why are so many companies laying off? According to Wallstreet, the majority of the recession scare isn't a scare. Inflation, while not fully at target, is getting better. Unemployment is at an all time low. So many companies are laying off like it's the worst times ahead. Obviously layoffs aren't taken lightly so there must be some internal signals that really push them to take these measur…
Earlier quoted context omitted.
The harder, riskier, and more expensive you make it to hire new people, the more companies will play it safe by avoiding junior hires and putting more headcount in less restrictive countries. A few jobs ago our mobile dev team was in an EU country with significant protections against firing people. Their interview process involved a take-home problem that would have easily taken 80-100 hours, more with polish. I coul…
That doesn’t really pass the smell test. Countries with employment protections still have probation periods during which the company can fire you without hassle. For example in Germany 6 months is a common duration. https://allaboutberlin.com/guides/probezeit If you cannot evaluate an employee’s worth in 6 months that’s pretty problematic.
It seems like it could be easy to make it through 6 months unless the company takes it really seriously.
Earlier quoted context omitted.
Employees are equally free to "screw over" companies by terminating their employment at any time; at-will is a two-way street. That seems like a fair and faithful manifestation of a free market. Health care and insurance is also available without an employer, at least in the US.
Yup individual employees are definitely on equal footing with companies and health care is very affordable when purchased individually. The free market is very good and fair and everything is going just fine!
Possibly stupid question - why are so many companies laying off? According to Wallstreet, the majority of the recession scare isn't a scare. Inflation, while not fully at target, is getting better. Unemployment is at an all time low. So many companies are laying off like it's the worst times ahead. Obviously layoffs aren't taken lightly so there must be some internal signals that really push them to take these measur…
Earlier quoted context omitted.
> Animals eat each other. They feed other animals. They spread seeds to propagate plant life. Their decomposing bodies fertilize the earth. There is an ecosystem that exists. Humans don’t have any predators. We’ve created a society where everyone feels entitled to exist. Animals don’t feel entitled to exist. They fight daily to survive. We fight daily to play the game that us humans created. It’s not real, it’s all f…
These things you mention are honestly more examples of fabricated concepts. Are you a religious person by chance?
Earlier quoted context omitted.
> Animals eat each other. They feed other animals. They spread seeds to propagate plant life. Their decomposing bodies fertilize the earth. There is an ecosystem that exists. Humans don’t have any predators. We’ve created a society where everyone feels entitled to exist. Animals don’t feel entitled to exist. They fight daily to survive. We fight daily to play the game that us humans created. It’s not real, it’s all f…
These things you mention are honestly more examples of fabricated concepts. Are you a religious person by chance?
If you are trying to insult me, you should stop that behavior.
Possibly stupid question - why are so many companies laying off? According to Wallstreet, the majority of the recession scare isn't a scare. Inflation, while not fully at target, is getting better. Unemployment is at an all time low. So many companies are laying off like it's the worst times ahead. Obviously layoffs aren't taken lightly so there must be some internal signals that really push them to take these measur…
I'm also interested in the responses to your questions, but I would ask something else: are non-tech companies also doing layoffs? I'm not in the US so I'm not really up to date to that.
I am not seeing any similar layoffs in other industries, some may be slowing down but mine seems normal.
I hate this so much. I once worked at a place that did a layoff and caught a person who’d been a two-time intern and had just been hired out of college that same week . There’s no reason the company couldn’t have re-assigned her elsewhere. She’d already proven her value! What a waste to throw away the opportunity for a known-good new hire who could ramp up quickly, and what a horrible thing to inflict on someone just…
Not the corporations, the Fed. The Fed introduces high correlation, compels outsized urgency and economic volatility, and directly sets unemployment targets.
Earlier quoted context omitted.
> Animals eat each other. They feed other animals. They spread seeds to propagate plant life. Their decomposing bodies fertilize the earth. There is an ecosystem that exists. Humans don’t have any predators. We’ve created a society where everyone feels entitled to exist. Animals don’t feel entitled to exist. They fight daily to survive. We fight daily to play the game that us humans created. It’s not real, it’s all f…
These things you mention are honestly more examples of fabricated concepts. Are you a religious person by chance?
Hey this is very similar to my story 2 years ago! (different company) It's only going to get worse, but protip: if you don't want to deal with the interview circuit like I did, set your salary expectations hilariously low and at least you will still collect income. Good luck to everyone in our shoes!
