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> I've made the difficult decision to reduce our operating expense(1) by about 25% Q/Q, which includes letting go of about 950 people read that again you're n
by ushakov 4y ago
> I've made the difficult decision to reduce our operating expense(1) by about 25% Q/Q, which includes letting go of about 950 people
read that again
you're not an individual to corporations, just an expendable
can only imagine the joy shareholders get out of "cutting expenses", they get richer and you peasants lose jobs
- swyx 4y agowrong: expenses are on income statements carry on
- deleted 4y ago[deleted]
- MattPalmer1086 4y agoWhy would you expect a corporation to treat you as an "individual"? What would that even mean? You think executives should let a company go bust, rather than shedding staff when times aren't good?
- ergonaught 4y agoI doubt that it's news to anyone that staff are an expense.
- deleted 4y ago[deleted]
- KrakenEng 4y agoEmployees got 14 weeks severance. They didn't have to do that.
- sudosysgen 4y agoThis is not true. There are State and Federal restrictions on mass layoffs, which generally require a few months of notice. Giving severance is understood to count as notice. In any case you'd get the money, and you probably wouldn't be useful anyways.