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(1) You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. (2) On the flip side

(1) You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. (2) On the flip side, RTO is only a lever for large tech companies who pay great salaries. Startups' advantage is that they can compete for talent by offering remote work that large companies are not willing to offer due to their large real estate commitments. You may just be better off embracing remote work forever.

logicchains 3y ago
>You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. The problem is that the less talented staff won't be the ones leaving; it'll be the ones with more options that leave, i.e. the more valuable staff.
afavour 3y ago
> RTO is a great solution for bloated companies which overhired during the pandemic Not really. A bloated company that overhired during the pandemic would presumably like to choose who they let go.
- anononaut 3y ago
  Obviously, but if we're talking about scales like 50%, it's probably more efficient to roll the dice.
- WinstonSmith84 3y ago
  On the flip side, it's expensive to lay off people whereas people going on their own is cheap. When the CEO is looking at short term margins, which he seems to do in the article, it's all positive to cut by 2 your biggest expense for "free". Challenges will arise in 6 months or even later, but maybe Arison doesn't really care. He's been CEO since barely 1 year and may leave the boat when he will boast massive profits before a downturn.
hathchip 3y ago
> You can't assume losing half of staff is a downside. Said Elon Musk about Twitter. How's that working out for him?
- ikomrad 3y ago
  Great.
  - dghlsakjg 3y ago
    "Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative" https://www.cnn.com/2023/07/15/business/twitter-cash-flow-elon-musk/index.html https://www.cnn.com/2023/07/15/business/twitter-cash-flow-el...
    - vuln 3y ago
      That has absolutely nothing to do with the number of staff. It is directly related to the ADL’s campaign of convincing advertisers to pull out. It appears there will be a lawsuit. https://amp.cnn.com/cnn/2023/09/05/tech/elon-musk-adl-lawsuit/index.html https://amp.cnn.com/cnn/2023/09/05/tech/elon-musk-adl-lawsui...
      - mrguyorama 3y ago
        [flagged]
      - callalex 3y ago
        Just because Musk says something doesn’t make it true. In fact it usually means the opposite.
        vuln 3y ago
        What about the ADL itself? Here’s their call to action against Facebook. Why wouldn’t they go after twitter… Oh wait they did barely one month after acquisition. https://www.adl.org/resources/letter/open-letter-companies-advertise-facebook https://www.adl.org/resources/letter/open-letter-companies-a... https://theweek.com/controversies/1018137/one-month-after-its-ceo-praised-elon-musks-twitter-buyout-the-anti-defamation?amp https://theweek.com/controversies/1018137/one-month-after-it... https://forward.com/news/556095/adl-twitter-advertising-boycott/?amp=1 https://forward.com/news/556095/adl-twitter-advertising-boyc...
piece_of_mind 3y ago
> You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. Grindr didn't have a bloated staff. It had less than 200 employees, half that sw engineers. Tech stack is modern, solid and has no legacy code in it. It wasn't stripped to the bone, but now the company lost any fat it had, lost all muscle, and some bones in the process too. The salaries were not high, but people enjoyed working there because they were at the same time helping the LGBT+ community which majority of employees were a part of.

logicchains 3y ago

>You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. The problem is that the less talented staff won't be the ones leaving; it'll be the ones with more options that leave, i.e. the more valuable staff.

afavour 3y ago

> RTO is a great solution for bloated companies which overhired during the pandemic Not really. A bloated company that overhired during the pandemic would presumably like to choose who they let go.

anononaut 3y ago
Obviously, but if we're talking about scales like 50%, it's probably more efficient to roll the dice.
WinstonSmith84 3y ago
On the flip side, it's expensive to lay off people whereas people going on their own is cheap. When the CEO is looking at short term margins, which he seems to do in the article, it's all positive to cut by 2 your biggest expense for "free". Challenges will arise in 6 months or even later, but maybe Arison doesn't really care. He's been CEO since barely 1 year and may leave the boat when he will boast massive profits before a downturn.

hathchip 3y ago

> You can't assume losing half of staff is a downside. Said Elon Musk about Twitter. How's that working out for him?

ikomrad 3y ago
Great.
- dghlsakjg 3y ago
  "Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative" https://www.cnn.com/2023/07/15/business/twitter-cash-flow-elon-musk/index.html https://www.cnn.com/2023/07/15/business/twitter-cash-flow-el...
  - vuln 3y ago
    That has absolutely nothing to do with the number of staff. It is directly related to the ADL’s campaign of convincing advertisers to pull out. It appears there will be a lawsuit. https://amp.cnn.com/cnn/2023/09/05/tech/elon-musk-adl-lawsuit/index.html https://amp.cnn.com/cnn/2023/09/05/tech/elon-musk-adl-lawsui...
    - mrguyorama 3y ago
      [flagged]
    - callalex 3y ago
      Just because Musk says something doesn’t make it true. In fact it usually means the opposite.
      - vuln 3y ago
        What about the ADL itself? Here’s their call to action against Facebook. Why wouldn’t they go after twitter… Oh wait they did barely one month after acquisition. https://www.adl.org/resources/letter/open-letter-companies-advertise-facebook https://www.adl.org/resources/letter/open-letter-companies-a... https://theweek.com/controversies/1018137/one-month-after-its-ceo-praised-elon-musks-twitter-buyout-the-anti-defamation?amp https://theweek.com/controversies/1018137/one-month-after-it... https://forward.com/news/556095/adl-twitter-advertising-boycott/?amp=1 https://forward.com/news/556095/adl-twitter-advertising-boyc...

piece_of_mind 3y ago

> You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. Grindr didn't have a bloated staff. It had less than 200 employees, half that sw engineers. Tech stack is modern, solid and has no legacy code in it. It wasn't stripped to the bone, but now the company lost any fat it had, lost all muscle, and some bones in the process too. The salaries were not high, but people enjoyed working there because they were at the same time helping the LGBT+ community which majority of employees were a part of.