81–90 of 613 posts
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When people say “no desk” what they mean is “no space in the building to allocate a desk”.
This is Tesla, office workers will soon find themselves working in a tent.
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I agree I don't think it'll be 2007-2008 bad. I think it'll be worse. Covid, Ukraine, Remote Work, etc are all hammering the economy.
Is remote work hammering the economy? What effect does it actually have on productivity?
> The message, sent on Thursday and titled “pause all hiring worldwide”, came two days after the billionaire told staff to return to the workplace or leave So people who claimed less than 24h ago it was at lest partially a way of creating cheap layoffs, were proven right pretty swiftly.
Remember when Marissa Mayer eliminated WFH at Yahoo? Seemed to work out well for them.
Whatever Yahoo's issues were they were going on for a LONG time. Even when they HAD WFH...
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It's possible they are still hiring for software and laying off for other areas.
I'm sure that's the case. But personally I wouldn't want to be a SWE in that kind of scenario. Dumpster fire all around you and company as a whole pivoting to austerity while at the same time hiring 20+ software engineers? When I see that many open postings at once, alarm bells go off.
> Elon Musk feels ‘super bad’ about economy Considering how bad Elon is at making predictions, this is actually great news.
Musk is the world’s wealthiest individual. I’m having trouble seeing see how being bad at making predictions results in that outcome.
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When people say "no space in the building to allocate a desk” they mean "No space to neatly put a desk." Companies have often shown repeatedly they can force desks into rooms when needed. Anyways, they can and will buy office space to put the desks when needed.
what about occupancy/fire code limits?
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I agree I don't think it'll be 2007-2008 bad. I think it'll be worse. Covid, Ukraine, Remote Work, etc are all hammering the economy.
Is remote work hammering the economy? What effect does it actually have on productivity?
So yesterday when it was Coinbase [0] announcing cuts the reaction was, 'ha ha crypto bad', 'worst of luck to them' and now when it also affects companies like Tesla, now the reaction is 'Shocking', 'everyone is doing it now', 'I wouldn't read much into it. A 10% cut is completely normal and healthy for a company the size of Tesla.'
This to me sounds like some form of cope that many thought the market was always going up forever.
The recent market rally of 2020 had to come to an end.
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When people say “no desk” what they mean is “no space in the building to allocate a desk”.
This is Tesla, office workers will soon find themselves working in a tent.
Anybody care to speculate on the chance that Twitter forces their sale to him, and then TSLA goes down far enough that Musk gets a margin call on the loan he's using to finance the purchase, and he loses everything? Or at least half of everything?
I think it's a very high likelihood. Why? Because Musk is idea-driven and doesn't really care about money, so he is the perfect person to harness with financial and legal obligation, because he will continue to pull no matter what. Sure it's slavery with extra steps, plus so many people hate Musk there's not even a cultural downside!