Earlier quoted context omitted.
Revisited this, and while it was tongue-in-cheek, it feels a bit ungrateful. A lot of tech roles are intellectually stimulating and have a wage in the upper distribution of salaries. I think we have a very nice situation going for us.
Make sure you don't see the paycheck of your boss, who never wrote a single line of code, but has some bullshit MBA.
Dropbox announces 20% global workforce reduction
951–960 of 1001 posts
Re: Dropbox announces 20% global workforce reduction
#952Earlier quoted context omitted.
A somewhat sensible take, but the issue isn’t just healthcare. A lot of your life is based off of long-term, fixed cost cash flow. E.g. you can’t pay less on your mortgage just because you got fired. Even with savings, getting laid off is highly disruptive, and, if done as part of a broader downturn in the market, you may never recover the required cash flow to enable your lifestyle.
Avoid lifestyle creep! I have to say I'm bad at this myself: somehow it all adds up, while each individual expense doesn't look so bad.
Re: Dropbox announces 20% global workforce reduction
#953Earlier quoted context omitted.
But why do I have to log into Dropbox to do this? I haven't logged into the site in 2 years and don't plan on it. I just find it odd that they keep threatening to delete my data but from where I'm standing it looks like they will keep my data indefinitely. I'm not forcing them to do anything. I terminated my service and they're still keeping my data. Seems like shitty consumer rights that they'll just keep the data r…
>Seems like shitty consumer rights that they'll just keep the data regardless of what I do. But they aren't keeping it regardless of what you do. You can ask them to delete it and they will. The power is in your hands and you are refusing to use it.
You don't find that misleading and poor for consumers? Companies shouldn't have carte blanche to do whatever they want. Especially when I terminated a service years ago.
Re: Dropbox announces 20% global workforce reduction
#954Earlier quoted context omitted.
Dreaming of winning the lottery and Going On Permanent Yacht Vacation is precisely the difference between being a worn out low-level worker and being a high-level executive who has all their needs met (or at least has the resources to have them met). With the latter you can have enough resources for you next ten generations and still go to work and optimize shareholder profits while thinking to yourself that you are…
you are not wrong, but I don't think that is necessarily a huge criticism.
Re: Dropbox announces 20% global workforce reduction
#955Earlier quoted context omitted.
Ah, you're only going to endanger the livelihood of your employees' families, most of whom have substantially less wealth than you. I bet the rest of your employees don't really care that you "feel bad." At least they learned not to trust you, though.
I'm not responding in the context of layoffs nor have I fired people because of my mistakes luckily. That's a different story, and I was trying to explain to OP my take on it.
Re: Dropbox announces 20% global workforce reduction
#956Earlier quoted context omitted.
This is why people should build a huge ass f-u fund and not look back.
Yep, this is what I do. Individual responsibility is an unpopular idea these days but the way I look at it, I am the one who is ultimately in charge of my family's wellbeing. That is far too important to entrust to a corporation's generosity or the whims of lawmakers.
Re: Dropbox announces 20% global workforce reduction
#957Earlier quoted context omitted.
> I make a decent salary as a programmer (150k) but my house only cost 250k I'm guessing remote work, or a high position in the midwest or some other place? In SF/Seattle/NYC, 250K is not enough for a studio apartment.
That is nonsense. That's more than enough to afford a studio in New York City. You can easily afford a luxury studio with a doorman and a pool making half of that!
The term itself sounds absurd and oxymoronic to me, but also I know NYC housing is absurd and I can imagine that there are places that do nice interior finishes on studio apartments and call them luxury so maybe it's real?
Re: Dropbox announces 20% global workforce reduction
#958Earlier quoted context omitted.
Eventually we all get fired. It shouldn't come as a shock. This is why people working in volatile industries subject to boom/bust cycles should live below their means and keep at least several months of living expenses (including health insurance premiums) in low-risk, liquid investments. I do understand that it can be challenging to save for young people with student debt starting out in a HCOL area. But I see older…
>Eventually we all get fired. Something uncommmon for Gen X and unthinkable for Boomers. But think about how modern America structured all these payment plans... >This is why people working in volatile industries subject to boom/bust cycles you just said everyone get fired. I think today it's harder to find a job that isn't on bust/boom. Especially a public company that will slash employees simply to make number go u…
https://fred.stlouisfed.org/series/UNRATE
Current money market rates are above 4%. So I guess today is a really excellent day!
Re: Dropbox announces 20% global workforce reduction
#959Earlier quoted context omitted.
I'm not really sure what you're saying here. My point was that the market for talent is not particularly competitive, with the opinion of interviewing.io given as an illustration of that. 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…
Yes, companies do indeed have more applications than they want (I'd argue that means the market IS competitive). The point I was making is that even though companies don't want to hire juniors through us, they still DO WANT to hire juniors in the absolute. So junior hiring isn't dead.
Here, saying "the market for talent is competitive" clearly means that hirers are competing with each other over potential employees. Deciding that you already have too many potential employees is the opposite of that. It would mean that the market to sell talent is competitive, which isn't what was claimed.
Re: Dropbox announces 20% global workforce reduction
#960Earlier quoted context omitted.
Avoid lifestyle creep! I have to say I'm bad at this myself: somehow it all adds up, while each individual expense doesn't look so bad.
This is somewhat a crazy advice. Shouldn't you have a spouse or children or a house that could have their live disrupted if you need to move jobs?