3 ms·
'Long-tenured', i.e., older and better-compensated. Silicon Valley worships youth. So this layoff trend is a convenient way for FAANG-type companies to get rid
by sydbarrett74 4y ago
'Long-tenured', i.e., older and better-compensated. Silicon Valley worships youth. So this layoff trend is a convenient way for FAANG-type companies to get rid of people they view as 'too old', keeping the younger, hungrier employees who are willing to work for less.
- mikebenfield 4y agoBut they also laid off plenty of young and new people...
- hypothesis 4y agoWhich can be promptly rehired for even less money? Or did they also froze hiring completely?
- mikebenfield 4y agoThey are definitely not doing much hiring.
- bagacrap 4y agothey don't really provide any details to back up that claim, but I will say there's nothing about tenure that compels one to be a good employee. Let's hope for the sake of justice they managed to weed out those who have transitioned to the rest n vest lifestyle.