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This is just part of life. The private sector particularly tech has always had far worse job security compensated by far better pay. Being cut off in the night
by psychphysic 4y ago
This is just part of life. The private sector particularly tech has always had far worse job security compensated by far better pay.
Being cut off in the night is unfortunately a necessity in the era of people airing their grievances on social media.
Seems to me all these tweets about how company X stabbed you in the back is just making it harder for the individual to find a new job.
Yes you might need to access your savings and push back the early retirement plan, yes you'll need to look at expenses and rationalise. Yes you might not be as employable as you thought.
I don't mean to be callous but if you've just lost your job or will find it harder to find your next one you need to wake up to this reality asap. This too shall pass and we will be back to boom but until then get your life in order.
- boshalfoshal 4y agoIt would be a pretty bold move to announce layoffs in advance and to do it at some convenient time. You are basically asking ip to get stolen by people who think/know they will be laid off, especially if it is out of spite. I think its more of a precaution than anything.
- penguinvondoom 4y agoOr maybe we need some kind of worker protections, where you can't just get people fired in the middle of the night. Unions and shit...
- psychphysic 4y agoThat works, it's just that total compensation is likely to be lower. It's very likely this guy got a package that's far superior to what many people would have in more secure jobs. That's been Netflix, Spotify and twitter's play.
- penguinvondoom 4y agoIt's only been high due to historic reasons and hype. Business has been on a decades crusade to push down payment for the software labor aristocracy, and to be fair security has nothing to do with it too. There is absolutely no inherent reason why someone should get higher compensation but get a less secure job, beyond the hype for that job, and security should be guaranteed regardless.
- unmole 4y ago> Business has been on a decades crusade to push down payment for the software labor aristocracy That doesn't seem to be working at all. Or maybe, just maybe there isn't some grand conspiracy.
- hnaccount141 4y ago> That doesn't seem to be working at all. Or maybe, just maybe there isn't some grand conspiracy. https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
- lesuorac 4y agoWhose total compensation? It seems like union jobs pay more [1]. [1]: https://www.google.com/search?q=avergae+union+wage+vs+non-union&oq=avergae+union+wage+vs+non-unio https://www.google.com/search?q=avergae+union+wage+vs+non-un...
- A4ET8a8uTh0 4y agoI understand both sides of the equation. I absolutely want to keep the level of autonomy a founder has with a start-up, which you will not have with a union, but at certain point, start up stops being an upstart ( Google, Meta come to mind ) so different rules may apply. But you are right, average compensation tends to up as a result and even out across the ranks ( and some people don't like that too ).
- sinuhe69 4y agoI understand the psychological effect of termination during the night. But rationally thinking, I don’t find any difference to other forms of termination. For the company though, the prompt termination has a much better security prospect.
- UncleMeat 4y agoThe opportunity to say goodbye to your team, go to a last lunch together, and spend some time commiserating is very valuable.