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Dropbox announces 20% global workforce reduction

blog.dropbox.com

961–970 of 1001 posts

Re: Dropbox announces 20% global workforce reduction

#961
post #669

Earlier quoted context omitted.

I make a decent salary as a programmer (150k) but my house only cost 250k and my mortgage is about 1400. How I see it, if I have to flip burgers to keep my house, I can pull it off. I can't imagine have a mortgage that's 10gs a month.

For a lot of people this isn't possible. You won't find a liveable home in my country for under 600k.

Sounds like any major city in Canada.

Maybe Edmonton, and in not great parts. The parts that give it the reputation as "Stabmonton".

Rural is a different story -- seen some damn nice places for $300-400k CAD -- but rural Canada has its own challenges.

Re: Dropbox announces 20% global workforce reduction

#962

Earlier quoted context omitted.

Have you considered that not everyone shares your opinion and that this could explain the difference between reality and your expectations.

My insurance companies and government definitely share that opinion of responsibility. So, yes. But my answer remains "take responibility and mean it". I'd love to hear you explain how I can get out of paying my car insurance of alimony though with this line of reasoning, though. Could be useful one day.

here is a pro tip: If you call your car insurance and cancel, the government wont make you keep paying it every month.

Much like employment, each party can cancel. You didn't sign a lifelong contract for insurance.

Re: Dropbox announces 20% global workforce reduction

#963

Earlier quoted context omitted.

>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.

They are absolutely keeping it regardless of what I do, I cancelled two years ago (next month it'll be three years) and they send me daily emails about how they will threaten to delete the data when they have no intention of doing so. 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.

Most people want data retained. Termination =/= deletion. Just Log in and delete your data.

Dont expect them to read your mind and complain about it.

https://help.dropbox.com/delete-restore/deleted-files

Re: Dropbox announces 20% global workforce reduction

#964
post #952
post #564

Earlier 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?

I bought a house than costs 3.5x my salary. I lose my job I can still pay mortgage from savings.

Re: Dropbox announces 20% global workforce reduction

#965

Earlier quoted context omitted.

I make a decent salary as a programmer (150k) but my house only cost 250k and my mortgage is about 1400. How I see it, if I have to flip burgers to keep my house, I can pull it off. I can't imagine have a mortgage that's 10gs a month.

> 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.

There are tons of apartments for less than 250k in nyc right now, just gotta accept the bronx or maybe far out queens. https://www.zillow.com/new-york-ny/?searchQueryState=%7B%22p...

Re: Dropbox announces 20% global workforce reduction

#966

Earlier quoted context omitted.

Steve Jobs was right - Dropbox is a feature, not a product.

It's been a product for 17 years.

A product thats getting its lunch eaten by products that have dropbox as a feature

Re: Dropbox announces 20% global workforce reduction

#967
post #762

Earlier 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 ... Yes, but the problems start in severe economic crises. Specifically, when those several months turn into years. Many filters during the hiring process, prior to interview will discard those candidates who have gaps since last employment regardless of circumstance. They may use AI as a third-party company to review and obscure the fact that they aren't hiring anyone over 40, female, or otherwise prote…

I'm sorry for your troubles but that unhinged rant is completely disconnected from objective reality.

BRICs isn't even a real thing, it's a total joke. They've been talking about an alternative reserve currency for years but have made zero real progress.

Re: Dropbox announces 20% global workforce reduction

#968
post #694

Earlier quoted context omitted.

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?

In that instance you’d be looking for free cash flow, and Dropbox has a lot of it. https://investors.dropbox.com/static-files/df1fe33d-3995-452...

If its not being returned to shareholders its worthless

Re: Dropbox announces 20% global workforce reduction

#969

Earlier quoted context omitted.

That's not what it means. As CEO, it's his responsibility to make/approve the decision to do the layoffs, or not. The buck stops with him. That's all that it means. It doesn't mean he's liable for any hardships.

I'm more with GP. If "responsibility" only constitutes "I pull the trigger, and I don't care what happens as a result", then that is a fairly weak kind of leadership -- ostensibly not very different from a child doing whatever they want in a consequence-free manner. I want to believe that "responsibility" not only constitutes "I can make things happen", but that "I am willing to Make Things Right if my actions cause…

Layoffs are a fact of life with businesses. It sucks. I'm sure these CEOs do not enjoy doing it, but someone has it in their job description (i.e. the responsibility) to make those kinds of decisions.

You may have it in your job description the responsibility to do performance reviews on your reports. Those reviews can make or break a career. If you do them honestly and with the consideration they deserve, you should not be expected to personally bear the consequences of giving someone a deserved poor review.

It's too bad we don't live in a perfect world where everyone has a job and is never at risk of losing it. But if wishes where horses.....

Re: Dropbox announces 20% global workforce reduction

#970

Earlier quoted context omitted.

Go start a company already — you’re on YC forums

1. This really shouldn't be advice handily thrown out like "learn how to play guitar". You gotta spend money to make money, and if you're laid off without a plan this is the worst time to spend money. 2. I plan to one day. I very much plan not to rely on a VC for that. The purpose for my company is to not require millions to ship products users want/need and to stay extremely lean. A small team of "full stack" develo…

No one is ready. You become ready by just doing it
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