I’m not sure if this was actually some kind of sinister plot, rather than incompetence and ego. You’re not the first to suggest that this is away to lay people off without “having to pay severance”, but what really throws a wrench into that idea is that in most states they didn’t “have” to pay severance in the first place. That’s really more reliant on the employment offer or contract.
Comment on Apple, SpaceX, Microsoft return-to-office mandates drove senior talent away
SnotFlickerman@lemmy.blahaj.zone 6 months ago
The C-Suite at this news: This was a triumph! I’m making a note here: “Huge success!” It’s hard to overstate my satisfaction!
EncryptKeeper@lemmy.world 6 months ago
SnotFlickerman@lemmy.blahaj.zone 6 months ago
…and you don’t usually get into senior positions without stuff like severance being in the employment offer or contract.
EncryptKeeper@lemmy.world 6 months ago
You think the market is fucking rational, here? I’ve got news for you, guy, regular people’s view of this means fuck-all to these people and the only thing that matters to them is the stock price.
The market absolutely props up “irrational decisions” and cutting employees to cut costs has been a bellwether for increasing stock price for forty fucking years now.
That’s my exact point. I don’t think this is some conspiracy to secretly lay off people. I think this is just a more straightforward case of C-levels blundering around with decisions that make sense only to them.
corsicanguppy@lemmy.ca 6 months ago
in most states they didn’t “have” to pay severance in the first place. That’s really more reliant on the employment offer or contract
99% of the world lives outside America.
Deep breaths. You’ll be fine, but it may be a bit traumatic to learn.
EncryptKeeper@lemmy.world 6 months ago
100% of the companies this article about are American companies. The top talent the article describes live in the United States.
0% of the countries that aren’t America are relevant to this article, my comment, and this thread.
ripcord@lemmy.world 6 months ago
96%
RobotToaster@mander.xyz 6 months ago
We do what we must because we can. For the good of all of us. Except the ones who are dead.
SnotFlickerman@lemmy.blahaj.zone 6 months ago
The
cakePizza Party is a lie.
corsicanguppy@lemmy.ca 6 months ago
I hoped people would learn from the bust after Y2K.
Companies were turfing staff, and often their seniors. Mentorships and peer oversight crashed in quality. The new mentors came from the ranks who had no mentoring themselves, and missed out on fundamentals, and passed their lack onward.
And that’s how we got systemd.
332@feddit.nu 6 months ago
Yup.
Sure, the long term productivity and quality takes a nosedive, but the shareholders don’t care about that as long as the numbers for the next quarter look better.
SnotFlickerman@lemmy.blahaj.zone 6 months ago
What’s worse is they’ll make young upstarts feel like “heroes” for figuring out a problem that wasn’t a problem until they lost all that senior staff.
Never realizing it wouldn’t have been a problem to solve if they company hadn’t purposefully shitcanned all that institutional knowledge and that they’re being way underpaid for solving the issue.