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Dropbox announces 20% global workforce reduction
71–80 of 1001 posts
Re: Dropbox announces 20% global workforce reduction
#72Company isn’t doing so great and future doesn’t look so great and people cost a lot of money so they are letting folks go who aren’t as valuable. This makes sense.
What doesn't make sense is hiring so many people to begin with. The writing has been on the wall about Dropbox for quite a while now
Re: Dropbox announces 20% global workforce reduction
#73"As CEO, I take full responsibility for this decision" Oh hey another one that takes responsibility by taking on 0 consequences.
Unpopular opinion, but I don't understand this type of comment. It sounds like people want executives to get some kind of punishment or pain as a consequence of laying people off. But what would that even look like? A fine? That would probably make no practical difference, and would discourage them from making changes that need to be made. Fire them? Then you would probably get a worse decision maker in the driver se…
Probably: just leave out the full-of-shit sentence...
There's an Indonesian joke based on the word "responsibility" which is "tanggung jawab". "Tanggung" in this context means to carry the consequences, and "jawab" is to answer. One can say to a friend "We have to share this responsibility. I'll do the answering, and you'll do the carrying of the consequences."
Re: Dropbox announces 20% global workforce reduction
#74TIL that nobody knows what they're doing. Jokes aside, how do you end up having more than 500 excess people than what you need? What is management exactly doing during the time they went from 1 excess person to 500? Did they just hope the "macroeconomic headwinds" would become tailwinds? Didn't they at some point see that they have more people than valuable work, and maybe we should deal with that problem instead of…
> how do you end up having more than 500 excess people than what you need?
Not sure if you are serious or not, but understanding the output of knowledge workers is a famously difficult task.
Re: Dropbox announces 20% global workforce reduction
#75Per Google, Dropbox had a net profit margin of 17% last quarter. Are they really hurting that badly that they have to lay off 20% of the company?
Re: Dropbox announces 20% global workforce reduction
#76"As CEO, I take full responsibility for this decision" Oh hey another one that takes responsibility by taking on 0 consequences.
Unpopular opinion, but I don't understand this type of comment. It sounds like people want executives to get some kind of punishment or pain as a consequence of laying people off. But what would that even look like? A fine? That would probably make no practical difference, and would discourage them from making changes that need to be made. Fire them? Then you would probably get a worse decision maker in the driver se…
A CEO should not be rewarded for recordbreaking layoffs with recordbreaking pay raises.
Re: Dropbox announces 20% global workforce reduction
#77"As CEO, I take full responsibility for this decision" Oh hey another one that takes responsibility by taking on 0 consequences.
Unpopular opinion, but I don't understand this type of comment. It sounds like people want executives to get some kind of punishment or pain as a consequence of laying people off. But what would that even look like? A fine? That would probably make no practical difference, and would discourage them from making changes that need to be made. Fire them? Then you would probably get a worse decision maker in the driver se…
It's simply pointing out that "I take full responsibility" is empty, meaningless rhetoric and serves no real purpose.
It's often offensively insincere.
Re: Dropbox announces 20% global workforce reduction
#78Earlier quoted context omitted.
Genuine question: what do people want from a CEO in this situation? What consequences do you want the CEO to face? A token reduction in pay? Being fired?
The latter. If you can not manage the company correctly and it leads to the job losses of hundreds of people not to mention the millions in salary that was wasted by their poor planning then yes they should be immediately relieved and not allowed to run any other company. They are clearly incompetent. Considering dropbox is not facing some economic recession outside of its control we can only blame the CEO's incompet…
Most big tech companies did mass layoffs in the past few years. They are now fully recovered and posting record profits this week all with the same leadership. You are saying they are incompetent and someone else could have navigated this better?
Re: Dropbox announces 20% global workforce reduction
#79Earlier quoted context omitted.
Genuine question: what do people want from a CEO in this situation? What consequences do you want the CEO to face? A token reduction in pay? Being fired?
The latter. If you can not manage the company correctly and it leads to the job losses of hundreds of people not to mention the millions in salary that was wasted by their poor planning then yes they should be immediately relieved and not allowed to run any other company. They are clearly incompetent. Considering dropbox is not facing some economic recession outside of its control we can only blame the CEO's incompet…
People make mistakes all the time, hopefully it's mistakes they learn from. You can't simply fire someone for being incompetent, unless it's so bad and beyond the pale.
Re: Dropbox announces 20% global workforce reduction
#80"As CEO, I take full responsibility for this decision" Oh hey another one that takes responsibility by taking on 0 consequences.
Unpopular opinion, but I don't understand this type of comment. It sounds like people want executives to get some kind of punishment or pain as a consequence of laying people off. But what would that even look like? A fine? That would probably make no practical difference, and would discourage them from making changes that need to be made. Fire them? Then you would probably get a worse decision maker in the driver se…
> Fire them? Then you would probably get a worse decision maker in the driver seat going forward
Why?
> who also didn't learn from experience of going through layoffs
That's actually a valid point. We don't commonly fire normal employees for mistakes. The counterargument is CEOs aren't normal employees.