2 ms·
I translated part of the email in this post l: https://functional.cafe/@loke/109748562675456516 https://functional.cafe/@loke/109748562675456516 > For the last
by lokedhs 4y ago
I translated part of the email in this post l: https://functional.cafe/@loke/109748562675456516 https://functional.cafe/@loke/109748562675456516
> For the last two years we have undertaken proactive initiatives to scale efficiently,
"We've reduced hiring"
> accelerating this program last summer by standardizing our go-to-market motion globally,
"Made our product worse"
> reducing layers,
Either "rewrote some code" or "got rid of middle managers", depending on what a "layer" is.
> improving spans of control,
"Not like we were trusting our employees before, but now we're measuring how much time you spend at lunch"
> reducing discretionary spend
"We haven't gotten to the point of our employees having to bring their own toilet paper, but we're working on it"
> and standing up teams in cost-effective, high-talent locations.
"We moved engineering to farawayland where they can do the same work for pennies, the fact that they have less worker's rights there is only an added bonus"
> The reality of today’s volatile economy requires additional transformation.
"Having a solid business isn't enough, we're leaving money on the table here, guys"
> Despite executing well over the last eight quarters, sustaining high growth and dramatically improving operating margins,
"business is actually going very well"
> there is more to do to secure PagerDuty’s future.
"Didn't you hear me? There is more money to be had"
> To weather today’s economic uncertainty
"Forget what we told you above about business doing well. The future is uncertain."
> and succeed over the long term,
"And with 'long term' we mean 2 quarters. That's 1 more than we usually look ahead."
> we must generate more cash flow
"You're still not listening? We need that money"
> and increase our operating margins in the near term.
"We'll probably raise prices too"
> Doing so enables us to sustainably fund the priorities and commitments
"Executive bonuses will be increased"
> our customers count on us for: resilience and security at scale,
"Haha, no"
> and an easy-to-use, low-cost-to-own, high-ROI Operations Cloud.
"And by high-ROI we refer to our ROI, not the customer's of course"
- bboreham 4y ago“go-to-market motion” means how the product is sold.