761–770 of 1001 posts
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Just wondering, have you been unemployed for 6+ mos before?
Being let go from a job sucks. So does being dumped from a relationship. You might not be able to find another relationship in 6+ months. But I don't think people would seriously propose that people should therefore not be able to leave a relationship.
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I can, easily. Speaking for my country and assuming you are not on a fixed-term contract, you can only get fired for one of the three reasons: 1. Company's in financial trouble and forced to downsize. 2. The position becomes obsolete and there's no option to transition you into some other role. In this case, the company can't hire anyone with a similar-enough skillset to yours for at least a year (or maybe even longe…
>Speaking for my country I like how none of you ever reveal this mysterious country you're from, probably so you don't get called on the claims you're making. Anyway, in my country unemployment is 0% and everyone is rich and there are no problems. Why can't your country achieve the same?
This reminds me of the meme of Margaret Thatcher: "And There is No Alternative" - a way to justify the policies she desired to implement and attempt to preempt any other view. We're supposed to believe Jack is a victim of circumstance. He hired all those people, and now he has no choice but to fire them - he wasn't clairvoyant to the future when he hired all those people, or else he'd known he would have had to fire…
I dislike Jack going back several years, but I think in this instance he's admitting that he's taking responsibility between weighing the risk of doing this vs. not doing this. Maybe morale will tank anyway and the company will hold on, but be out-innovated by competitors that invested in growth. There are future outcomes that could prove he made the wrong call, and I any time layoffs are announced, there is a tacit…
What kind of responsibility is he taking, exactly? Has he stepped down? How much money has he lost when stock rose 23%?
We'll see how much the AI aspect is true by whether they're thinning out teams equally, or just axing whole initiatives. My impression of Block was that it was mostly a one-trick pony (okay, two if you include CashApp) with a bunch of side initiatives that never seemed to pan out, so I'm expecting it to be more of the latter, with this being more of an admission that they're now in "maintenance mode". Either way, I t…
We'll see how much the AI aspect is true by whether they're thinning out teams equally, or just axing whole initiatives. My impression of Block was that it was mostly a one-trick pony (okay, two if you include CashApp) with a bunch of side initiatives that never seemed to pan out, so I'm expecting it to be more of the latter, with this being more of an admission that they're now in "maintenance mode". Either way, I t…
Just to nitpick the math. If you are going to fire 50% of the company, the AI tools should actually make the remaining people 100% more efficient, not 50% :)
i'm gonna write this terrible news in all lowercase cause it's super aesthetic. maintain a bit of professionalism for the 4,000 people whose lives i'm throwing into turmoil? i don't think so, i have my shift key taped over so i don't accidentally show respect to anybody
i like it. it's how you show you didn't use ai to write the message.
"don’t care. no grammar."
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> the stupid way to manage every year has to be x% exponential increase over the previous year, always forgetting that it is physically impossible when everyone goes for the same goal. That's why we have this corporate ritual, which we carry out each year, or even each quarter - a solemn ceremony, where we divide everyone into two groups: the cost centers and the profit centers . Everyone works in harmony for the sam…
Unfortunately this insane perspective is common. I’ve literally been told by a past employer that the revenue that I, personally, was bringing in to the company (by going way above and beyond) was greatly appreciated, but that they were unhappy about the cost of paying me a small fraction of this revenue as a pre-agreed performance bonus.
>we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. In my country, this action would be literally illegal. Even in countries where it isn’t, it feels highly immoral. “I’m not in any kind of pressure to do this but I’m choosing to shed the people who created my wealth for greater…
This is part of the reason why American tech companies are so successful though. Being unable to lay off workers causes stagnation at companies where fast-development is paramount.
Nothing to do with biggest economy in the world for sure.