981–990 of 1001 posts
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> 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...
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I suppose it's largely a matter of perspective but I would argue that fewer more stable jobs would likely be better for both the companies and employees. Also, you're missing another obvious argument. Most tech companies that are doing layoffs could afford to keep their employees. Dropbox hasn't done 3 rounds of layoffs because they're on the verge of bankruptcy but rather they're just following the trend and pleasin…
>I suppose it's largely a matter of perspective but I would argue that fewer more stable jobs would likely be better for both the companies and employees. How do you expect this to work? Companies hire because they think the extra man-hours is going to give them a competitive advantage. Companies agreeing not to compete each other seems suspiciously like a cartel.
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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?
I bring attention the qualifier; if it's not performing and likely won't be, why is it traded? A company that is relatively stable and holds no grand world-domination-to-feed-shareholder plans is still nice
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Fair point. Let's look at profits then. Net profit margin across the S&P500 is 12%, a YOY increase.
How is net profit margin calculated? Some weighted average or is it net profit of every company divided by revenue of every company?
In short, yeah, it depends. You need to carefully look at each data source and decide what exactly they mean by "net profit %" for an index.
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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
Hopefully something breaks through your mind, maybe you're understand why the majority of the public don't trust or like big tech.
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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
Once again you think it's a good policy to indefinitely retain data after nearly three years since canceling and you can't imagine why consumers would be upset about this policy? Hopefully something breaks through your mind, maybe you're understand why the majority of the public don't trust or like big tech.
The part I dont understand is feeling helpless, complaining, and dealing with daily emails when it would take 60 seconds to log in and delete the files.
It is like someone who cant be bothered to wipe their butt complaining about the smell.
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>That's why you don't rush to replace the devil you know with the devil you don't. It's the same devil with the same playbook. They all know each other at that level. And yes, they are doing that in some sectors (and some CEO's want that). Less in tech, but I suspect more shakeups once the AI bubble ends.
>It's the same devil with the same playbook. Why don't you start your own company so you can be a model angelic CEO then? Why bother working for these "evil" guys? Or work for a local mom and pop shop instead of a publicly traded company?
>work for a local mom and pop shop instead of a publicly traded company?
I'm open to it. They literally aren't hiring tho. They get the most impacted in a downturn, so I get it.
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>What's the point of being CEO then? I don't know. As you said, it's a waste of energy to wonder about other people and their endeavors. Better to focus on me. And I need the money. CEOs don't. Feels odd to go from "don't spend your energy thinking about other rich people" and then go "but rich people 'want' money" when someone makes a suggestion. >Have the stress of running a company while working for free? Who woul…
>I don't know. [...] And I need the money. CEOs don't. That's some silly delulu shit right there. Imma end this conversation with you right here since you're not arguing in good faith as you've already made up your mind, so it's a waste of my energy and time to continue this any further.
Please don't break the rules if you want to stay a part of this community.
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>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…
You've got to be kidding. Boomers were fired or laid off all the time. Unemployment rates have been much higher during some years when Boomers were a major part of the labor force, hitting over 10% in 1982. https://fred.stlouisfed.org/series/UNRATE Current money market rates are above 4%. So I guess today is a really excellent day!
You should bring a chart on the average tenure at a single company.
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So, reduce people to numbers and accept the suicides?
Perhaps the better lesson is that tying your self-worth to your corporate employment is a really, really bad idea. I realize that's difficult in today's performative world, where an quick perusal of LinkedIn shows loads of people that are "passionate" about banking compliance or insurance claims or whatever. Many companies have also have fostered this false idea that companies are a "family". That is always false. Th…
I have spoken with professionals in ballet and they actually feel mental strain from having to file for unemployment when off season. Even though it’s considered normal practice it doesn’t mean it’s right to treat people like that.
Dropbox gave a generous severance? Maybe, but is that is the case everywhere? I can tell you, the start up I worked for before, Aurora Innovation, only gave people one week for every year worked and they were doing silent layoffs in groups of five. One of those people was a young father on H1B who had been there less than a year.
Saying you should be in therapy long before it happens is rather callous. How was that father, or any of the other people, know they would need therapy beforehand for something they have no control over? It’s like saying you need therapy before an earthquake destroys your home.