Even when they do exactly that (e.g. Zoom whose CEO took a 98% pay cut) you guys are not happy, calling it a symbolic gesture or even propaganda unless they also give up all their equity.
What do you gain by demonizing execs like they are not even human?
I'm sorry if I'm being ignorant and I undestand that especially for minimum wage workers layoffs are a tragedy. But working in tech, you want to work among the best people. So how can you improve quality of teams without laying off those who are worst performing? This is sincere question, laying off people one by one seem to be creating more drama and psychological baggage for those fired.
Of course I don't know how good are corpos at deciding who's contributing the least. Probably pretty bad. But that to me is a completely separate story.
Hatred of multimillionaires coming from generational wealth and being patterns of social reproduction is a healthy habit to take. They should indeed be bullied into humiliation.
Especially when they go with a fake, pretend-heartfelt apology and saying they're "taking reponsibility" while trying to pull a veil over everyone's eyes. They lost nothing, they took no risk.
This is a horrible take. Do you know if they are rich, and how they got rich? And why would you demonise the children of people who went from nothing to doing really well?
This is a take that can save our society and species and prevents us from going into a new kind of serfdom. Make no mistake: they do not care about you, and they will not be on your side the day shit inevitably hits the fan.
For your well being, and the future of your children, you would do well to consider them as the leeches on society that they are.
> This is a take that can save our society and species and prevents us from going into a new kind of serfdom
No it's not.
The replacement for people who are rich due to them (or their parents) having created a load of value is not some imagined utopia. It's people who are rich due to having taken it in the name of utopia. Rich people aren't a problem, or even the sign of a problem.
If people get rich through exploiting power (e.g. government power) then that's a problem.
> Make no mistake: they do not care about you, and they will not be on your side the day shit inevitably hits the fan.
That's because they're people. I don't think anyone in particular cares about me other than a few people I know. Why should they?
Or, go the Intel route. Lay nobody off. No pay cuts for anyone below level 7. Level 7 gets a 5% pay cut, 10% for next level, and so forth for every level up to the top.
Honestly it's really amusing, after a few years of reading things like "say nothing on exit interview, that's only problem", "HR is not on your side", "you owe nothing to your employer, you are the most important", "it's not my employer concern that I have two jobs" etc.
Suddenly, when other side plays the same card half of HN calls for blood :-)
This advice have a reason though: there is a huge power disparity between employee and employer.
Exit interviews can be and are used against employees while giving you nothing in return. HR can and does use daily communication against you if your boss/company wants and won't help you. Your employer will fire because of their interest because "it's only business", as their business is what's important to them. Yeah, my employer can hire two of me, why can't I fucking do the same?
People give this advice because it makes sense.
Companies get away with a lot of bullshit, and that includes the current trend of copycat layoffs. This is something that's fucking up the lives of people, including those that weren't laid off, and including people in other companies. If we believe CEOs, it happened (often admittedly) purely due to incompetence of them, while other theories point to this being a coordinated effort. Why should HN pat them in the head like some people want to?
> there is a huge power disparity between employee and employer.
Is it really though? In IT? It's (or was at least) remarkably easy to vote with your feet and companies lost employees over really random stuff like employers stance on abortion rights or DoD contracts.
> Yeah, my employer can hire two of me, why can't I fucking do the same?
Not sure what do you mean here.
> Companies get away with a lot of bullshit
Honestly over the years I've seen tons of BS and primadonning from people with good negotiating position - funny to see people flipping the table, when market changed a bit.
