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> it would be nice to see you go bankrupt I would prefer that they fix their problems instead. They have 800 employees. I don't want those people to lose the
by VWWHFSfQ 4y ago
> it would be nice to see you go bankrupt
I would prefer that they fix their problems instead. They have 800 employees. I don't want those people to lose their jobs.
- pengaru 4y ago> I would prefer that they fix their problems instead. They have 800 employees. I don't want those people to lose their jobs. This thinking is how one rationalizes "bailing out" companies which have objectively failed in the market and should suffer the consequences. Never has it been so easy to form a business and employ people. Gone are the days of a business being some kind of precious thing worth preserving because forming one is so involved. Let the failures experience negative consequences, it's how we improve as a society.
- VWWHFSfQ 4y agoThis is a freaking email-sending company. They can fix their problems without firing their whole staff. You're thinking everything is some kind of an existential crisis.
- pengaru 4y ago> You're thinking everything is some kind of an existential crisis. You're the one thinking a company going bankrupt and 800 employees being out of work is some kind of existential crisis. Companies fail, employees lose jobs get humbled and go find new work with lessons learned. It's how this is supposed to work.
- PostOnce 4y agoThose people would probably find new jobs the same week in the current market
- VWWHFSfQ 4y agoAh yes. They'll all just probably find new jobs. What is the "current market" that you're talking about? When a company goes bankrupt they give maybe 2 paychecks. How long until these people get new jobs? Maybe the company gives 4 paychecks? Still, how long is that going to last? EDIT: I'm seeing now that nobody on HN has ever been on the receiving end of your company going bankrupt. Carry on.
- CrazyPyroLinux 4y ago(Sincerity not snarkiness, and wasn't a downvoter) Do you not have an emergency fund? It was always important, but hopefully 2020 was a wake-up for most people.
- chrisseaton 4y ago> the current market The one with all the layoffs and hiring freezes?
- PostOnce 4y agoThe one with very low unemployment, newly popular concept of remote work, and shortage of skilled tech workers.
- cma 4y agoBankruptcy means shareholders and debt holders lose their lunch, not employees lose their jobs, if the company is still viable under new ownership.