3 ms·
> insufficient culture of loyalty Loyalty in tech..? Have you not seen the layoffs? Employees are just a line item in someone’s cost center.
by randmeerkat 3y ago
> insufficient culture of loyalty
Loyalty in tech..? Have you not seen the layoffs? Employees are just a line item in someone’s cost center.
- tekla 3y agoSo many developers are fungible, it makes sense for everyone involved.
- golergka 3y agoQuants and HFT developers are one of the best compensated people on Earth. I don't think that someone who's being paid over a million dollars a year to sit in a cubicle and write code should use the same rhetoric as 19th century factory workers.
- willdr 3y agoThen you don't understand the relationship between capital, labour and being an employee vs employer. Yes, they are well-compensated, but they can still have their lives turned upside down by bosses. Granted, their life getting turned upside down probably means less front-row Knicks tickets and not choosing between paying a water bill and a power bill.
- deleted 3y ago[deleted]
- nly 3y agoBest paid on Earth in the US. In other countries we're paid well but about average by ordinary Valley tech standards.
- mhh__ 3y agoA lot of quants are objectively paid very well but not that well (at least pre layoffs) compared to some people who do comparatively little work in tech.
- golergka 3y agoGood. Compensation should never be about the amount of work you do. It should be about your impact and market value.
- neilv 3y agoI'm not necessarily blaming labor. For example: a company that needs loyalty, but then does things like the layoffs we've seen recently (or earlier behavior consistent with that thinking), is creating insufficient culture of loyalty.