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The cuttings will continue to happen (there has been a lot of layoffs) on the operational team, with downsizing and cost-cutting. Fewer travels, less expensive
by alphatwos 9y ago
The cuttings will continue to happen (there has been a lot of layoffs) on the operational team, with downsizing and cost-cutting. Fewer travels, less expensive hotels, and luxurious meals. Also, the 'social justice' projects are already halted.
- brepl 9y ago> the 'social justice' projects are already halted When did that happen? Was it done to make the company more attractive to buyers, to protect profits, or for idealistic reasons?
- reubenmorais 9y agoThey were moved into their own organizations separate from TW.
- twthrowaway 9y agoThey were and then those were disbanded a few months ago, presumably in preparation for this deal.
- reubenmorais 9y agoDoesn't match what I'm seeing first hand: I know people who are working on one of those organizations and it's operating normally.
- nunez 9y agoOperational cost. TW was hurting for money and couldn't afford it anymore.
- Scuds 9y agoouuuuuuch. I'd interviewed there and had to pull out of their (lengthy) process, but this was one of their selling points that was mentioned by the recruiter and interviewers.
- ramblingEsh 9y agoCarlos I'm really surprised to see you propagating fiction under your actual name. This shit straight up didn't happen, there are still social justice projects actively going on.
- nunez 9y agoHowdy; I remember seeing something about them being halted indefinitely, and they seemed to be halted when I was on my way out. I don't think it's bullshit based on what I saw but I could be wrong; do you have counterclaims to prove otherwise?
- nunez 9y agoThere are some moments when I accidentally speak too soon; this was one of them. I was incorrect re: "TW was hurting for money and couldn't afford it anymore." I didn't have all of my facts straight when I posted this and should have thought more carefully before I did so. Apologies to anyone I might have offended by posting this. If you'd like to talk more directly about this, feel free to email me at any time. My email address is in my profile.
- snark42 9y ago>fewer travels, less expensive hotels, and luxurious meals. Doesn't the customer typically pay all these costs for a consultant anyway?
- lonelydreamer 9y agoThey do, but it reduces your profit...
- brudgers 9y agoThe customer pays them. And the customer pays the markup on them. And it should generate positive net revenue unless something is done wrong, and I doubt that Thoughtworks is doing it wrong.
- nunez 9y agoEats at your margins if expenses go over holdback, or the percentage of the sale dedicated to travel.