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- Although unethical, stripe is hardly the only company to do it. - If you get cut for performance reasons, most companies still provide severance. - This is
by darth_avocado 4y ago
- Although unethical, stripe is hardly the only company to do it.
- If you get cut for performance reasons, most companies still provide severance.
- This is not a one off thing. Most companies have 10-15% quotas for “low performance” every year and people are let go on a regular basis.
- Most other employers in tech know this as a practice and getting fired is not that big of a deal.
- if you’re let go for performance, you can still file for Unemployment as long as there was no misconduct on your end.
Although I don’t agree with these tactics and in my long career, have been at the receiving end of it a couple times, I would still say the tweet is a little alarmist. It makes sense in other industries, but in tech, it hardly matters if it is a layoff or a performance related loss of employment.
Besides we are all talking as if the employees don’t know the risk of working for Companies like stripe. For every stripe engineer that makes 400k, there is an engineer working at another company at 200k that is equally capable of getting that 400k job. There is a reason they don’t do that.
- wahnfrieden 4y agoare you just saying, in detail, that exploitative practices are normal in the countries they operate in? these practices are laughably abusive or illegal in some countries, why should we respect status quo here? that's an impressive display of solidarity with capital
- darth_avocado 4y agoBecause you get paid for it? Countries that have more pro worker legislation, also tend to have lower wages? At the end of the day, it’s not a minimum wage job we are talking about, it is a multiple of 6 figures job. [edit] Besides, we are all talking about the downside of the current setup as if there is no upside. If there is only upside to fixing the problem being discussed here, then there is a very straightforward solution: Unions. But somehow, tech workers are very less likely to enter unions. Why is that? [hint: money. With more protections, you get paid less] It is a zero sum game. There is only a fixed budget that companies have. If you want more benefits, it comes at a cost of lower income. It’s really straightforward.
- tpxl 4y ago> Countries that have more pro worker legislation, also tend to have lower wages Got a citation for that one? The US has probably the highest wages, then for example EU has lower wages and generally more protection, but then again you can go to china and have even lower wages and even less protection.
- darth_avocado 4y agoRight but both of us know the context of this conversation. I clearly specified we’re not talking about minimum wage jobs. Software engineering jobs in China do tend to pay quite a bit.
- tpxl 4y agoMedian Software Engineer salaries in China seem to be lower than median wages in the UK and Germany. Your point does not stand to scrutiny.
- darth_avocado 4y agoMedian cost of living is also much lower in China. Salary as compared to cost of living is what you need to compare.
- wahnfrieden 4y agoyour comment is built on a nonsense foundation: budgets are "fixed" by owners and investors. budgets are a "zero sum game" against ownership returns and investor cost. budgets increase with reduced shareholder returns and increased cost of investment. it's really straightforward.