4 ms·
It’s easy to blame the company for cutting jobs, but maybe the bigger problem here is hiring too many people too quickly in the first place, and worse, at strat
by crispyambulance 4y ago
It’s easy to blame the company for cutting jobs, but maybe the bigger problem here is hiring too many people too quickly in the first place, and worse, at stratospheric compensation levels. Not that I want to defend a greedy investor but he has a point.
Outside of Silicon Valley $300K/year median for rank-and-file employees is a number that just makes people’s jaw drop. Is that the actual median compensation?
- gorbachev 4y agoIn another time that same greedy investor would be hounding the CEOs of big tech companies about how they can't hire talented software engineers, if they didn't offer stratospheric compensation, and how competing for talent is the most important thing in the world. It wouldn't surprise me at all to also find letters from these assholes to Silicon Valley city councils complaining about how the councils insisting on spending valuable real estate for affordable housing is hurting the region, because that's poor use of capital and they should instead build office buildings for tech companies.