4 ms·

Revenue is up massively, so we'll be getting rid of the people that helped that happen. Genius move.

by slantedview 26d ago

sidcool 26d ago
This is a common strategy nowadays. Not sure of the rationale
- paimapi 26d ago
  I thought it was common knowledge that 1) there was a hiring glut during COVID-19 for SWEs [0] that is now seen as a period of overhiring 2) private equity and larger institutional shareholders are seeing their commercial property investments bleed out [1]. research points to increased (or at least not diminished) efficacy of being fully remote [2] so there's obviously a trade-off that's pushing companies to assume that risk and personally I'm not convinced that it's due to the anti-social desire by execs for high-control alone [0] https://blog.pragmaticengineer.com/software-engineer-jobs-five-year-low/ https://blog.pragmaticengineer.com/software-engineer-jobs-fi... [1] https://fred.stlouisfed.org/series/COMREPUSQ159N https://fred.stlouisfed.org/series/COMREPUSQ159N [2] https://www.psychologytoday.com/us/blog/intentional-insights/202403/unraveling-the-corporate-control-agenda-behind-rto-mandates https://www.psychologytoday.com/us/blog/intentional-insights...
  - Plasmoid 26d ago
    The least cynical take I've heard about RTO is that most managers are deeply under-trained to the point of being mostly incompetent. So forcing people into the office lets them do performative performance monitoring and project management. This makes their job "easier" in that they didn't know how to do it correctly in the first place.
    - s1artibartfast 26d ago
      Most managers aren't trained at all, and there's a massive shortage of good ones.
      - nateb2022 25d ago
        I would contend most corporations have a lot more managers than is necessary.
        s1artibartfast 25d ago
        It appears that the Uber executive team agrees with you!
whatever1 26d ago
Then the best people quit on a random Tuesday and we have all hands on why managers cannot retain top talent. Nobody believes a single promise of a company anymore. That promo promise after a hard assignment? Yeah fuck that.

Revenue is up massively, so we'll be getting rid of the people that helped that happen. Genius move.

sidcool 26d ago

This is a common strategy nowadays. Not sure of the rationale

paimapi 26d ago
I thought it was common knowledge that 1) there was a hiring glut during COVID-19 for SWEs [0] that is now seen as a period of overhiring 2) private equity and larger institutional shareholders are seeing their commercial property investments bleed out [1]. research points to increased (or at least not diminished) efficacy of being fully remote [2] so there's obviously a trade-off that's pushing companies to assume that risk and personally I'm not convinced that it's due to the anti-social desire by execs for high-control alone [0] https://blog.pragmaticengineer.com/software-engineer-jobs-five-year-low/ https://blog.pragmaticengineer.com/software-engineer-jobs-fi... [1] https://fred.stlouisfed.org/series/COMREPUSQ159N https://fred.stlouisfed.org/series/COMREPUSQ159N [2] https://www.psychologytoday.com/us/blog/intentional-insights/202403/unraveling-the-corporate-control-agenda-behind-rto-mandates https://www.psychologytoday.com/us/blog/intentional-insights...
- Plasmoid 26d ago
  The least cynical take I've heard about RTO is that most managers are deeply under-trained to the point of being mostly incompetent. So forcing people into the office lets them do performative performance monitoring and project management. This makes their job "easier" in that they didn't know how to do it correctly in the first place.
  - s1artibartfast 26d ago
    Most managers aren't trained at all, and there's a massive shortage of good ones.
    - nateb2022 25d ago
      I would contend most corporations have a lot more managers than is necessary.
      - s1artibartfast 25d ago
        It appears that the Uber executive team agrees with you!

whatever1 26d ago

Then the best people quit on a random Tuesday and we have all hands on why managers cannot retain top talent. Nobody believes a single promise of a company anymore. That promo promise after a hard assignment? Yeah fuck that.