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And then you have VCs like this: https://twitter.com/pitdesi/status/1241382507226050562 https://twitter.com/pitdesi/status/1241382507226050562 Who want to take

by sfsf2020 7y ago

And then you have VCs like this: https://twitter.com/pitdesi/status/1241382507226050562 https://twitter.com/pitdesi/status/1241382507226050562 Who want to take the opportunity of the crisis to inflict pain on workers. Here, a VC suggests 10 or 25% paycuts for employees so "employees feel a bit of the sting that their customers are feeling"

antisthenes 7y ago
Surely many people would prefer a 10% cut rather than being laid off outright? Pretty sure unemployment doesn't cover 90% indefinitely, and they did promise to make everyone whole (which should be put in writing, but still)
- akmarinov 7y ago
  > they have $$$ but thinking of cutting Seems like they just want to cut so that > employees feel a bit of the sting that their customers are feeling
calvinbhai 7y ago
Employees feel a bit of the sting Employers/investors only want the $cha-ching$
JustSomeNobody 7y ago
Toxic. Employees would do better to leave ASAP.