851–860 of 1001 posts
Earlier quoted context omitted.
Providing goods/services. Perhaps the qualifier "being publicly traded" will help
I think the question is more for investors. If the company isn't growing and isn't paying a dividend, why would I buy shares?
https://investors.dropbox.com/static-files/df1fe33d-3995-452...
I'm always a bit confused by profitable companies with (presumably) large reserves laying off lots of people. I get that they want to remain profitable. But sure 500ish people could be put to some use? A new product, a new market, a spinoff. Whatever? Are you telling me that no one in such a big, wealthy company of clever engineers has any use for a bunch of talented people?
Often they target the lowest performers for such layoff. Of course they rarely succeed in doing that, but the idea is that these people should have been let go anyway but weren’t for various reasons.
Earlier quoted context omitted.
Citation please, about Dropbox training models with customer data?
The article Lammy linked is indeed the correct one. When that bit of news came out I checked my account, and it turned out that Dropbox had added and enabled the toggle without my consent. I was a paying customer mind you, I paid like $120/yr for my storage. After they pulled that crap I started working on setting up Nextcloud hosted in a VPS. It's more expensive, but Dropbox permanently burned my trust when they did…
Earlier quoted context omitted.
You know what's better than a great severance plan? Keeping your job.
Not necessarily. If you're actually good at your job, you typically end up with an even better job: https://hbr.org/2018/10/research-when-getting-fired-is-good-...
Next time someone says “gee I’m glad we aren’t anything like Reddit!” I’ll have the replies in this thread to point them to. Keep ‘em coming fellas.
https://news.ycombinator.com/newsguidelines.html
> Please don't post comments saying that HN is turning into Reddit. It's a semi-noob illusion, as old as the hills.
https://news.ycombinator.com/item?id=926703
https://news.ycombinator.com/item?id=633099
https://news.ycombinator.com/item?id=582513
https://news.ycombinator.com/item?id=289254
https://news.ycombinator.com/item?id=253657
https://news.ycombinator.com/item?id=66057
Earlier quoted context omitted.
And all the debt you pile up while struggling to get hired.
The average tech worker really should not have to go into any debt for even a year long hiatus from their typically well paying job. All that is required is living like a typical American and saving your salary. I honestly don't see how anyone can claim tech workers are not compensated for the volatility inherent in the industry.
Remember how there used to be a blog (or maybe it was a Tumblr, I forget) that documented every "Our incredible journey" post that inevitably announced the start-up's closure? I think we need another one for "An update from ", as this has seemingly become the standard subject to use when you're announcing layoffs or data breaches. I saw an identical headline earlier today from Sony announcing a studio closure: https:…
I always think it's a bit weird how people put so much effort and angst into (over)analyzing the language that execs use in layoff announcements in the first place. It's a layoff. Yeah, it sucks, and no matter what the CEO says people will be pissed. Better to just take the same good advice as when starting a new relationship: "Just ignore everything they say, and only consider what they do ." I.e. is the severance p…
Earlier quoted context omitted.
This guy takes "full responsibility," even.
When a CEO takes full responsibility for these things it doesn't mean that they submit themselves to the punishment that internet users might want. It's the CEO telling their impacted employees that, no matter how well you did as an employee, you would still have been impacted. It's the CEO showing you empathy for the hurt they cause you for having failed to steer the company in a viable direction. These messages are…
Executives from these billion dollar companies would do just fine if they went a year without pay. How many laid off employees can say the same?
That would be “taking responsibility”.
People get mad because these phrases prove how wide the gap between them and executives is. How deep into capitalism we are.
Earlier quoted context omitted.
> The market for talent is competitive. A couple months ago interviewing.io posted something bragging about how "we do anonymous mock interviews. If people perform well in those interviews, they get introduced directly to a decision-maker at top-tier companies, regardless of how they look on paper." ( https://interviewing.io/blog/i-love-meritocracy-but-all-the-... ) This annoyed me enough that I sent in an email comp…
Founder of interviewing.io here. Clarification: Just because companies don't want a 3rd party like us providing them with junior candidates, it doesn't mean they don't want them. Even back in 2017-2019, when the market was booming, we couldn't get employers to take our juniors... because they generally have their own robust pipeline. So the solution is to go to companies directly, rather than relying on a 3rd party s…
You seem to be confirming that the market for talent isn't competitive - in your view, companies have more applications than they want.
Or maybe you're going for a different point? For the suggestion, my experience is that companies won't consider direct applications either, and in the general case do not ever even list junior positions. (An observation which is not unique to me; see e.g. https://marginalrevolution.com/marginalrevolution/2022/07/fr... )
If you're worried that I'm implicitly slamming interviewing.io for claiming to do something very different than what they actually do, I don't think you've rebutted that - "if people perform well in our interviews, we will introduce them to top-tier companies as long as we think their resume looks good" isn't particularly similar to "if people perform well in our interviews, we will introduce them to top-tier companies, regardless of how they look on paper".
Earlier quoted context omitted.
> It's the CEO showing you empathy for the hurt they cause you for having failed to steer the company in a viable direction. There is no empathy whatsoever involved when someone says "I take responsibility" and then faces zero consequences. It's just a slap in the face.
I think a lot of people misunderstand the statement 'I take responsibility.' They are not actually taking responsibility for the company's situation. They are owning the decision to make these layoffs.