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Not surprised here. Twitter layoffs are all the managers and executives at my firm can talk about. They suspected tech has a lot of bloat, but Twitter survivin
by stuckinhell 4y ago
Not surprised here.
Twitter layoffs are all the managers and executives at my firm can talk about.
They suspected tech has a lot of bloat, but Twitter surviving such a huge layoff AND pumping new features have made some of our executives start rethinking a lot.
Every two weeks like clockwork since then, I'm being pulled in the restructuring meetings.
It looks like we are going to layoff 20% in a couple months, anyone who doesn't perform in a way that has trackable metrics with a direct relationship to revenue is probably #1 on the chopping block.
It's been demoralizing working on these lists for various executives.
- oceanplexian 4y agoThere is a lot of bloat, but the people who should be blamed are the executives who let it happen. I’ve witnessed it first hand over the last decade, working at a handful of companies. Each year it seems like the # of engineers who don’t serve any purpose increases, and the more layers of abstraction are created (Frameworks on top of frameworks on top of frameworks) that don’t solve any real business problem. It sucks for the people being laid off, but things have gone off the rails and predictably we are now in a correction.
- stuckinhell 4y agoI agree. The sentiment I'm hearing is the executives feel like they've been scammed by the Tech Industry and DIE initiatives. They trusted the "experts", and it was all a big scam. At my firm they are mad, seriously mad. In moments like that, they talk about firing half of my division. I keep having to walk them back to reality. It's tough really tough right now dealing with personalities. The people who make these decisions no longer trust the reports,the economy, the experts, and industry guidelines. It's a shitshow at the top right now.
- Andys 4y agoI think the situation is simple: the experts they listened to had an agenda, and the actual experts were repeatedly ignored.
- willcipriano 4y agoIt's even simpler, anyone who calls themselves a expert isn't one.
- stuckinhell 4y agoI don't think its simple. A lot of people (myself included) are simply busy with life, families, jobs, etc. If you are extremely busy and you aren't an expert, how do you know which experts have an agenda or not ? Then sometimes even the the most highly rated experts have a sudden shift of ideology/agenda/something later. I have personally witnessed several highly competent long standing developers suddenly change, and push social agendas into everything. The worst is when HR also starts pushing social agendas into everything. I'm expecting the layoffs to continue intermittently for another year or too, it gives management a nice cover to get rid of a lot of people.
- fidgewidge 4y agoThat's interesting. What industry are you in?
- bluefirebrand 4y ago> the people who should be blamed are the executives who let it happen. The executives got promotions and raises and bonuses for hiring aggressively when times were good. Now they are going to get promotions and raises and bonuses for aggressively laying off when times are .. bad? Except we know times are not as bad as the media is saying.