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(disclaimer: I am seriously interested to learn and understand here) Reading the situation objectively between Twilio and Patreon yesterday, it seems there hav
by nickstinemates 4y ago
(disclaimer: I am seriously interested to learn and understand here)
Reading the situation objectively between Twilio and Patreon yesterday, it seems there have been a number of companies who have over-hired and now need to make a correction.
Faced with this, the companies then decide to do things like extend exercise windows, accelerate vesting, provide outsized severance packages, i.e - try to soften the blow
The predominant feedback in this thread and the other thread yesterday is about "taking responsibility" and calling for the heads of the CEO's who ultimately made the decision. This is the part I don't understand.
Is the blow not softened enough, i.e additional compensation? Should the leadership team have had a crystal ball and not hired? Was there severe mismanagement of resources? Were the wrong people laid off?
Or, is the negative feedback centered literally around the phrase "taking responsibility"?
- renewiltord 4y agoNews like this is just a lightning rod in online forums for "haters" - people who have some axe to grind and show up with views that this information is less to have informed and more to have provided a soapbox for.