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> and it affects the livelihood of 12.000 people I'll stop you right there. Why would they do a post-mortem for this? They're not accountable to the employees.
by maximinus_thrax 4y ago
> and it affects the livelihood of 12.000 people
I'll stop you right there. Why would they do a post-mortem for this? They're not accountable to the employees. This should be a reminder for everyone as to who SLT actually works for.
- UncleMeat 4y agoCorporations should be accountable to their employees. The system we have today is harmful.
- scottyah 4y agoThe employees who stay get paid more than if everyone stayed. Same idea as with unions, you're splitting the pie into less slices so each is bigger.
- UncleMeat 4y agoIt isn't the same sized pie in both situations. There's shit that won't get done by my team anymore. I just sent an email to a stakeholder group telling them that I have to kill a valuable project. It isn't like if Google fired 95% of people that comp for the remainder would hit $10m a person.
- maximinus_thrax 4y ago> The employees who stay get paid more than if everyone stayed As someone who survived numerous rounds of layoffs, that's not true. The employees who stay get to work more (under more job security pressure) but that's about it. It's not like the wages of the workers who get laid off are reallocated as bonuses for the remaining employees.
- morepork 4y agoGoogle pays a large amount of stock based comp, so at least that part of their wages will likely go up, at least in the short term.
- briandear 4y agoWhy? Employees are paid to do a job. Unless they're actual owners, why should a company be accountable to the employees? I'm not sure where a corporation owes anything to employees beyond payment for agreed-upon services. If the company goes out of business, should employees also share in the debt and obligations?