5 ms·

Tell that to the talent that no longer wants to work for Facebook and the executives fleeing the company. It's an extremely fast way to change a company, no ma

Tell that to the talent that no longer wants to work for Facebook and the executives fleeing the company. It's an extremely fast way to change a company, no matter how much voting power Zuckerberg has. It'll kick Facebook into old age stagnation and rot mode faster than just about anything else. To say nothing of what happens when an organization no longer trusts and believes in its CEO. Which is to say, Zuckerberg's voting power doesn't make him or Facebook immune to suffering numerous consequences of poor leadership. That can rather dramatically change Facebook. Depending on the extent and duration of that poor decision making obviously.

scarface74 7y ago
Tell that to the talent that no longer wants to work for Facebook and the executives fleeing the company. And there are thousands of college graduates who will spend months learning LeetCode and be glad to take their places and get a total comp of $250K+ a year. You severely overestimate how few people care more about the “greater good” than collecting a nice check.
- Balgair 7y ago
  Maaaaybe. I'd like to think that there is an evaporative effect occuring there. Assuming that more ethical people are better to work with and vice versa, then as more ethical people leave, the work enviroment gets worse and worse. Like, payroll issues take longer to deal with, your co-workers aren't as up for beers on Fridays, your boss isn't as on your side as you'd like. So, the elves leave middle earth. Eventually, the company can end up in a situation where payroll issues are impossible to deal with, where your co-workers are far too free to hit up a bar on a Tuesday night, where your boss could care less about you. So then even some of the skuzz-bucket people say they have had enough. So, yeah, FB is good right now and can use their funds to pay people to deal with those issues. But fines like the one they got today are going to hamper that process. As has been said for decades: Culture is everything.
  - scarface74 7y ago
    I’ve worked for 20+ years and I’ve learned that the boss “never cares about me”. Anyone who thinks that your company “cares about you” is in for a rude awaking.
    - Balgair 7y ago
      I mean, there is a lot of space between the type of boss that could care less and the type of boss that actively tries to harm. Also, it really does depend on the firm. I've worked a lot of jobs that couldn't be arsed to know my name. I've worked a lot fewer jobs that really did care about me, but I have been there and seen them.
      - scarface74 7y ago
        I've worked a lot fewer jobs that really did care about me, but I have been there and seen them. Let’s do a thought experiment. Let’s say over lunch that you told your boss at one of those companies “that really did care” about you that you just bought a house and that you and your spouse are expecting a child. Then the next week that because of a strategic shift/missed earnings/acquisition where the acquirer wanted to find “synergies” they decided they were going to let you go. What do you think is going to happen?
        Balgair 7y ago
        Generally the firms that care are under 10 people in size. As such, it depends. And yes, I've seen those exact conversations play out in the favor of the employee before, about a dozen times, even in the larger firms. I've also seen it play out badly too.
        scarface74 7y ago
        How many firms that are under 10 people in size do you know of that are not VC backed and therefore beholden to their investors who definitely don’t care about the employees?

scarface74 7y ago

Tell that to the talent that no longer wants to work for Facebook and the executives fleeing the company. And there are thousands of college graduates who will spend months learning LeetCode and be glad to take their places and get a total comp of $250K+ a year. You severely overestimate how few people care more about the “greater good” than collecting a nice check.

Balgair 7y ago
Maaaaybe. I'd like to think that there is an evaporative effect occuring there. Assuming that more ethical people are better to work with and vice versa, then as more ethical people leave, the work enviroment gets worse and worse. Like, payroll issues take longer to deal with, your co-workers aren't as up for beers on Fridays, your boss isn't as on your side as you'd like. So, the elves leave middle earth. Eventually, the company can end up in a situation where payroll issues are impossible to deal with, where your co-workers are far too free to hit up a bar on a Tuesday night, where your boss could care less about you. So then even some of the skuzz-bucket people say they have had enough. So, yeah, FB is good right now and can use their funds to pay people to deal with those issues. But fines like the one they got today are going to hamper that process. As has been said for decades: Culture is everything.
- scarface74 7y ago
  I’ve worked for 20+ years and I’ve learned that the boss “never cares about me”. Anyone who thinks that your company “cares about you” is in for a rude awaking.
  - Balgair 7y ago
    I mean, there is a lot of space between the type of boss that could care less and the type of boss that actively tries to harm. Also, it really does depend on the firm. I've worked a lot of jobs that couldn't be arsed to know my name. I've worked a lot fewer jobs that really did care about me, but I have been there and seen them.
    - scarface74 7y ago
      I've worked a lot fewer jobs that really did care about me, but I have been there and seen them. Let’s do a thought experiment. Let’s say over lunch that you told your boss at one of those companies “that really did care” about you that you just bought a house and that you and your spouse are expecting a child. Then the next week that because of a strategic shift/missed earnings/acquisition where the acquirer wanted to find “synergies” they decided they were going to let you go. What do you think is going to happen?
      - Balgair 7y ago
        Generally the firms that care are under 10 people in size. As such, it depends. And yes, I've seen those exact conversations play out in the favor of the employee before, about a dozen times, even in the larger firms. I've also seen it play out badly too.
        scarface74 7y ago
        How many firms that are under 10 people in size do you know of that are not VC backed and therefore beholden to their investors who definitely don’t care about the employees?