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I don’t get this mentality. From a meta level, Confluent isn’t profitable. In this environment, what would you have Confluent to do? The second point, a job i
by scarface74 4y ago
I don’t get this mentality. From a meta level, Confluent isn’t profitable. In this environment, what would you have Confluent to do?
The second point, a job is always transactional, you exchange labor for money and at any given time, either party can stop that transaction
Also, if you are a tech person in any major city in the US, you are more than likely making at least twice the median wage in that city. If others can survive making half of what you’re making, you should be able to save enough to weather a brief storm.
Of course I understand things are different if you are here on H1B.
- RohMin 4y agoEmpathy for those laid off shouldn't vary based on visa status. These are real people losing their jobs, searching for another job in an already saturated market.
- harvey9 4y agoI don't think they meant different empathy, just visa holders have fewer options around getting a new job
- idopmstuff 4y agoI completely disagree. Not all job losses are the same, and visa status makes an enormous difference in the consequences of losing one's job. I've been laid off. At the time, I had plenty of savings and nobody depending on me besides my dog. I took some time off and was later able to find a new job. The company didn't have any H-1Bs at the time, but if it did they certainly would've been in a much worse situation than I was and clearly more deserving of empathy.
- RohMin 4y agoI feel that the original post rubbed me the wrong way. The whole "others have it worse, so toughen up" doesn't serve to help anyone.
- scarface74 4y agoWhen I was laid off, I had four months worth of savings and could have scraped by longer. No matter how much money that my coworkers had that are here on H1B, they had to find a job no matter what. Did you feel any empathy when the Disney CEO was fired with a multi million dollar severance package? Things are different for different people.
- cfltlayoffs 4y agoBased on the people I know who work at Confluent, the messaging at all hands meetings has been that the market conditions didn't affect staffing plans. Employees make decisions based on the expectation of ongoing employment - if the CEO keeps says "we won't do layoffs" and then you buy a house and get laid off, that seems like detrimental reliance. It's also worth noting many places enshrine in law protections for layoffs because of the power imbalance between employees and employers.
- sidlls 4y agoOne should never assume anything about his employment status other than that it can end at any moment. Companies’ management might have empathy, but as a rule they absolutely don’t care about employees.
- scarface74 4y ago> Employees make decisions based on the expectation of ongoing employment Then again outside of visa holders they are naive. I’ve been working professionally for 25+ years and there isn’t a day after my first year after I built up savings that I depended on my employer instead of my employability to support my addiction to food and shelter. In the case of Confluent, who depends on a non profitable company to be a sustainable place of unemployment? You go in knowing that any given day that you are going to be laid off and save accordingly. And no when I graduated from college I wasn’t making an above average salary. I started out making $30K and found the cheapest apartment I could until I saved money.
- kibwen 4y agoResponsibility would mean cutting executive compensation. If the executives are choosing to inflict suffering on anyone but themselves, that's not responsibility, that's crocodile tears.
- PuppyTailWags 4y agoshould be able to save enough to weather a brief storm is a huge assumption. What do you do if you have dependents or complex medical needs personally? What happens if you have a personal emergency during your job search? What do you do if you have existing debt from a previous emergency, medical crisis, etc?
- andsoitis 4y agoWhile what you describe are serious problems and would be very anxiety inducing for many (most?), the truth remains that it isn't someone else's problem or responsibility.
- PuppyTailWags 4y agoI'm not ascribing anything but to say that people who are laid off deserve sympathy because you cannot assume their personal circumstances surrounding the layoff. I have no dependents so it doesn't matter to me. My friend's wife is only able to work because of his healthcare, and if she loses his healthcare even if he finds a new job quickly his new health insurance will force the wife into a nightmare of proving she's sick enough to get her medicine again, putting her out of work.
- andsoitis 4y agoThat’s very very unfortunate and warrants sympathy for sure. At the same time, one’s employer isn’t the one responsible for securing your financial stability or future.
- scarface74 4y ago> What do you do if you have dependents or complex medical needs personally You get COBRA through your former employer. Been there done that. I had a pre-existing condition that I couldn’t get health insurance individually (pre-ACA) > What happens if you have a personal emergency during your job search? What do you do if you have existing debt from a previous emergency, medical crisis, etc? You talk to the people and make arrangements or you just don’t pay them until you can afford to. Your priority becomes house, food, shelter, car. How do you think people making much less than tech workers handle it?
- unity1001 4y ago> The second point, a job is always transactional Precisely. Corporations made jobs always transactional. Now the employees and the public are making corporations transactional by affording them no sympathy or loyalty whatsoever.
- markus_zhang 4y agoAs long as CXO takes real responsibility by cutting their salary to a significant percentage and refusing stock refreshers (or whatever called) I'm fine. By saying "I take full responsibility" but still maintains the original pay is not convincing. Since tech CXOs usually take very large stock and cash compensations (well into multi-millions), just imagine how much cost can be saved by cutting all CXO compensation by 50%. The company can also initiate a vote of all employees to remove this cut of CXO compensations, so that if CXO is really doing well overall I'm sure he will be recognized and his compensation defended by the whole company.
- gorbachev 4y agoI make a mistake, I get fired. CEO makes a mistake, I get laid off. CEO takes full responsibility.
- gfodor 4y agoLayoffs don't prove the CEO made a mistake. Understaffing and overstaffing are both errors. A small layoff when the SHTF shows they at least didn't understaff. If you're a growing startup in ZIRP, understaffing is arguably a bigger error than overstaffing, up to a point. I have no idea if Confluent overstaffed. I admit I'm surprised to hear they aren't profitable though.
- haspok 4y ago> Layoffs don't prove the CEO made a mistake That is irrelevant, since they are taking full responsibility anyway, right? Just kidding.
- scarface74 4y agoAnd complaining about life not being “fair” is a waste of my energy.