6 ms·

Do these layoffs include any of the C-suite / execs / upper management? You know, the people directly responsible for the company's situation? Accountability?

Do these layoffs include any of the C-suite / execs / upper management? You know, the people directly responsible for the company's situation? Accountability? No?

jibe 3y ago
This started with the CEO being removed, so I think, Yes!
- yorf89 3y ago
  Except he's still getting paid until April. I doubt the employees getting the sack because of this will be extended the same sweet deal. Pretty messed up that you can fuck up and make hundreds lose their jobs, and get paid for several months afterwards to do literally nothing.
  - johnnyanmac 3y ago
    Wasn't as nice as what I hear from Epic, but Unity layoff did have severance. 2 weeks of pay per year of tenure. Probably below average for tech, above average for games. But yea, golden parachutes for me but not for thee.
  - wddkcs 3y ago
    There's one CEO, and n employees. The one will always receive preferred treatment, over the many. Is it pretty fucked up that 1+1=2? Both are constants in the universe. Whether he did a good job is irrelevant, he did a job and got paid for it. It'd be pretty fucked up if the board hired him, then didn't pay him per contract.
    - yorf89 3y ago
      > Whether he did a good job is irrelevant LOL! Well, at least you're not trying to hide the fact that the ridiculous compensation isn't commensurate with performance.
    - dajt 3y ago
      Most people don't get paid out to the end of their contract if they're let go early, or not that I've seen and if you're let go for ineptitude why should they? This is just different rules for the rich. I'm sure he'd survive much better even without that money than any other employee being let go with their much less generous package.
  - whywhywhywhy 3y ago
    It's almost as if it's a way harder job or something, I mean look at your own post you have animosity towards them despite knowing nothing about them just from them taking on that job.
    - dajt 3y ago
      Someone has to do those jobs, but what offends people is the extent to which that class keep giving themselves more all the time, and exponentially more than what happens to the rest of us. All jobs are important, not just the C suite. They get paid appalling amounts of money when they're just treading water - it's not fair they also get good payouts when they stuff up so monumentally.
jknoepfler 3y ago
I mean the CEO 'resigned' in October, if that's what you're looking for.
- yorf89 3y ago
  [flagged]
  - jknoepfler 3y ago
    I'm not sure what the typical severance package at Unity looks like (or whether they offered to buy people out, etc.). A typical package is around 3 months.
    - yorf89 3y ago
      A typical resignation or firing due to incompetence doesn't usually come with a nice payout. Talking about what's typical is not very useful in this case.
monero-xmr 3y ago
I'm c-suite and the most important function of layoffs is to preserve the business as an ongoing concern, preserving what jobs I can. If the business fails, everyone loses their job, which is terrible! Now, if the reason for layoffs is due directly to poor decisions by someone who should not have reasonably made that decision given the variables in front of them, that person should probably be terminated. But layoffs can occur for all manner of reasons. If you are in the business of making feather hats, and suddenly feather hats go out of style because of shifts in market demand, how can you fire the business leader? Not everything is in the control of management. Management comes in every day, sees the situation before them, and makes the best decisions they can to grow the business.
- sarchertech 3y ago
  The vast majority of tech layoffs this year had nothing to do preserving the business as an ongoing concern.
- deleted 3y ago
  [deleted]
- naasking 3y ago
  I think the point being made is that management costs a business disproportionately more than lower-level employees, so arguably plenty of cuts should be seen there too if cost-cutting were really the only concern. It's just basic statistics if all else is truly equal.
- shermantanktop 3y ago
  This is how I explain senior execs to junior engineers: their job is not to write code or give speeches, it’s almost entirely about making decisions in the absence of perfect information. That’s an important skill. But it also provides the perfect cover for bad decisions, because “we didn’t know then what we do now.” So I have little sympathy for the c-level exec who ends up on the wrong side of events as they unfold, because…that’s the gig. If they don’t want unfair blame they can get a different job.
  - 3y ago
deleted 3y ago
[deleted]
paulddraper 3y ago
> Do these layoff include any of the C-suite Yes > The people directly responsible for the company's situation? Yes > Accountability? Some. > No? Bruh, I just said yes.
- ffgjgf1 3y ago
  Can you can elaborate? Which other executives are being fired? Even Riccitiello got an infinitely better deal than he deserved but he isn’t part of these specific layoffs.
  - paulddraper 3y ago
    [flagged]

Do these layoffs include any of the C-suite / execs / upper management? You know, the people directly responsible for the company's situation? Accountability? No?

jibe 3y ago

This started with the CEO being removed, so I think, Yes!

yorf89 3y ago
Except he's still getting paid until April. I doubt the employees getting the sack because of this will be extended the same sweet deal. Pretty messed up that you can fuck up and make hundreds lose their jobs, and get paid for several months afterwards to do literally nothing.
- johnnyanmac 3y ago
  Wasn't as nice as what I hear from Epic, but Unity layoff did have severance. 2 weeks of pay per year of tenure. Probably below average for tech, above average for games. But yea, golden parachutes for me but not for thee.
- wddkcs 3y ago
  There's one CEO, and n employees. The one will always receive preferred treatment, over the many. Is it pretty fucked up that 1+1=2? Both are constants in the universe. Whether he did a good job is irrelevant, he did a job and got paid for it. It'd be pretty fucked up if the board hired him, then didn't pay him per contract.
  - yorf89 3y ago
    > Whether he did a good job is irrelevant LOL! Well, at least you're not trying to hide the fact that the ridiculous compensation isn't commensurate with performance.
  - dajt 3y ago
    Most people don't get paid out to the end of their contract if they're let go early, or not that I've seen and if you're let go for ineptitude why should they? This is just different rules for the rich. I'm sure he'd survive much better even without that money than any other employee being let go with their much less generous package.
- whywhywhywhy 3y ago
  It's almost as if it's a way harder job or something, I mean look at your own post you have animosity towards them despite knowing nothing about them just from them taking on that job.
  - dajt 3y ago
    Someone has to do those jobs, but what offends people is the extent to which that class keep giving themselves more all the time, and exponentially more than what happens to the rest of us. All jobs are important, not just the C suite. They get paid appalling amounts of money when they're just treading water - it's not fair they also get good payouts when they stuff up so monumentally.

jknoepfler 3y ago

I mean the CEO 'resigned' in October, if that's what you're looking for.

yorf89 3y ago
[flagged]
- jknoepfler 3y ago
  I'm not sure what the typical severance package at Unity looks like (or whether they offered to buy people out, etc.). A typical package is around 3 months.
  - yorf89 3y ago
    A typical resignation or firing due to incompetence doesn't usually come with a nice payout. Talking about what's typical is not very useful in this case.

monero-xmr 3y ago

I'm c-suite and the most important function of layoffs is to preserve the business as an ongoing concern, preserving what jobs I can. If the business fails, everyone loses their job, which is terrible! Now, if the reason for layoffs is due directly to poor decisions by someone who should not have reasonably made that decision given the variables in front of them, that person should probably be terminated. But layoffs can occur for all manner of reasons. If you are in the business of making feather hats, and suddenly feather hats go out of style because of shifts in market demand, how can you fire the business leader? Not everything is in the control of management. Management comes in every day, sees the situation before them, and makes the best decisions they can to grow the business.

sarchertech 3y ago
The vast majority of tech layoffs this year had nothing to do preserving the business as an ongoing concern.
deleted 3y ago
[deleted]
naasking 3y ago
I think the point being made is that management costs a business disproportionately more than lower-level employees, so arguably plenty of cuts should be seen there too if cost-cutting were really the only concern. It's just basic statistics if all else is truly equal.
shermantanktop 3y ago
This is how I explain senior execs to junior engineers: their job is not to write code or give speeches, it’s almost entirely about making decisions in the absence of perfect information. That’s an important skill. But it also provides the perfect cover for bad decisions, because “we didn’t know then what we do now.” So I have little sympathy for the c-level exec who ends up on the wrong side of events as they unfold, because…that’s the gig. If they don’t want unfair blame they can get a different job.
- 3y ago

deleted 3y ago

[deleted]

paulddraper 3y ago

> Do these layoff include any of the C-suite Yes > The people directly responsible for the company's situation? Yes > Accountability? Some. > No? Bruh, I just said yes.

ffgjgf1 3y ago
Can you can elaborate? Which other executives are being fired? Even Riccitiello got an infinitely better deal than he deserved but he isn’t part of these specific layoffs.
- paulddraper 3y ago
  [flagged]