821–830 of 852 posts
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RSUs only vest if you are an employee the day they vest. If a salesperson wins a deal and you fire them before paying their commission that’s different since they closed the deal first. It’s very common for companies to let individuals go before bonuses vest.
I would certainly recommend any employee in this situation to get legal counsel. Terminating an employee for the purpose of preventing them from satisfying conditions precedent to a payment is a bad-faith move that some courts will set aside.
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Taking a company private via LBO, firing a quarter of the staff so you can afford the debt payments, and then streamlining and flipping the profitable parts of the business is the classic corporate raid playbook. So far he's done the LBO part, and is apparently doing the layoff part. Of course, he's the richest person in the world and his finance partners are well connected Saudis, so there are obviously many plausib…
> streamlining and flipping the profitable parts of the business Good luck finding some at Twitter.
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TANSTAAFL. (There Ain't No Such Thing As A Free Lunch.) The downside of employee protections is that it makes companies more reluctant to hire. And also once hired, the salary to be offered is reduced to cover the estimated current value of the future employee protections. These are real downsides, particularly for young people who are trying to get a foot into the corporate ladder. I have even personally witnessed a…
We have already seen what the world is like with no employee protections - exploitation of children for labour, like in the British coal mines. Unsafe working conditions in Victorian workhouses, leaving men without hands and without means to feed their family, and with no compensation because 'you agreed to it'. Bosses extorting sexual favours from employees, i.e. Hollywood casting couch. You can still see this in ma…
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No idea if it’ll turn out to be just a corporate raid but I’ve become so disillusioned and disgusted with nearly everything about companies like Twitter, Google, and Meta that I do not think a realistic solution exists for the problems they cause that doesn’t involve a complete change of leadership and firing a significant percentage of all of them. I don’t care what Elon does with Twitter tbh, as long as it’s someth…
I'd argue that companies run by Elon are at least as bad. I agree Big Tech sucks, but Tesla is one of the worst of them. Musk won't change anything for the better.
On the other hand Musk's other companies don't seem to be as bad.
I will delay judgement on Twitter until I see what he does. There's no need to come to a strongly held conclusion about what he'll do from Twitter at this point. Everyone who's doing so is showing more about their opinions and prejudices than anything else at this point IMO.
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TANSTAAFL. (There Ain't No Such Thing As A Free Lunch.) The downside of employee protections is that it makes companies more reluctant to hire. And also once hired, the salary to be offered is reduced to cover the estimated current value of the future employee protections. These are real downsides, particularly for young people who are trying to get a foot into the corporate ladder. I have even personally witnessed a…
>The downside of employee protections is that it makes companies more reluctant to hire. And also once hired, the salary to be offered is reduced to cover the estimated current value of the future employee protections. Yep, that why software engineers in California and New York, where there are a lot of employee protections, don't get paid as much as SWEs in the Midwest or the South, where there are less... Right? Or…
Both are at will states. So easy to hire, easy to fire.
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That's absolutely true, but in practice most people would experience substantial hardship if they suddenly lost their job. I wouldn't, but being in a country with employee protections means the people around me are almost never placed in a desparate situation, and I am meaningfully safer because of that.
Since you'd get more pay without these protections, you can save the excess for a rainy day. People should save for a rainy day, anyway. Why must the employer be their parents? I don't buy the idea that people in a free country like the US somehow found the one and only job they could ever have.
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That's absolutely true, but in practice most people would experience substantial hardship if they suddenly lost their job. I wouldn't, but being in a country with employee protections means the people around me are almost never placed in a desparate situation, and I am meaningfully safer because of that.
Since you'd get more pay without these protections, you can save the excess for a rainy day. People should save for a rainy day, anyway. Why must the employer be their parents? I don't buy the idea that people in a free country like the US somehow found the one and only job they could ever have.
And when people get desperate some turn to crime. Which then increases your costs through increased taxation for policing and incarceration and secondary effects such as reduced safety and increased personal costs due to crime, such as increased insurance costs and the greater threat of being targeted.
So when all costs are internalized, worker protections pay dividends at making a society better for all involved, for example the many northers European countries with very low crime and very strong worker protections.
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... and codetermination. See: https://en.wikipedia.org/wiki/Codetermination_in_Germany
exists in most northern and western european companies aswell.. Unions in europe also seem far less militant than those in the US.
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Zero code situation is wishful thinking - poster just made it up.
I spent the last month prototyping code for a demo that will not be checked in. I have a few small unrelated CLs submitted (minor fixes) but I spent 5 minutes per each, my main work for the month is completely unaccounted for in version control. Should I be fired?