ojbyrne

24 ms·

331.
by ojbyrne 4y ago
He’s an Organizational Behavior prof. I think one of these gets trotted out by journalists every time there are mass layoffs. You would likely get a different perspective from a Finance or Accounting prof.
332.
by ojbyrne 4y ago
It’s been my experience that journalists often cherry pick questions from employee Q & A to generate a story. This seems to be a series of 3 related questions from one employee.
333.
by ojbyrne 4y ago
The OP is suggesting that there was no actual pay for that notice period.
334.
by ojbyrne 4y ago
I find it interesting that the penalty for violating the WARN act basically seems to be paying the amount you would have had to pay if you followed the WARN act, and nothing additional. Seems like an incentive to ignore it.
335.
by ojbyrne 4y ago
The “ADS” part of MANPADS stands for “air defense system,” so kind of a malformed analogy.
336.
by ojbyrne 4y ago
The source ( https://www.trueup.io/layoffs ) says 3750 FTE and 4400 Contractors were laid off. Which looking around the web seems accurate.
337.
by ojbyrne 4y ago
I don’t usually comment on spelling, but it’s central to your point. “Herd thinning.”
338.
by ojbyrne 4y ago
Presumably it’s because of the reasons mentioned in the article - they have to pay residuals.
339.
by ojbyrne 4y ago
One of the things that bothered me there was working with contractors. I felt like having two tiers really undermined a lot of the culture.
340.
by ojbyrne 4y ago
I'm going to guess that there was an earnout that expired.
341.
by ojbyrne 4y ago
It was a public corporation, so their options were limited. They did try a poison pill. https://www.cnbc.com/2022/04/15/twitter-board-adopts-poison-...
342.
by ojbyrne 4y ago
That's kind of the hallmark of conspiracy theory.
343.
by ojbyrne 4y ago
This seems very conspiracy-theory-ish. "Never attribute to malice that which is adequately explained by stupidity."
344.
by ojbyrne 4y ago
I’m not sure how you’re interpreting that graph, because Si (Silicon) and Na are orders of magnitude more common than the rare earths. You might have missed that it’s a logarithmic scale.
345.
by ojbyrne 4y ago
I don’t really know but I’d guess there’s a way to close down charitable foundations and take the money back. Though presumably with a tax bill.
346.
by ojbyrne 4y ago
VCs lost other people’s money. I think that bill has yet to come due.
347.
by ojbyrne 4y ago
Weird and confusing comma insertion.
348.
by ojbyrne 4y ago
Presumably the first one on his profile page.
349.
by ojbyrne 4y ago
I feel like he’s missing the second order effect. If everyone can automate everything, then there would have been (or will be) 900 Instagrams and 1 (or 20) that would have had a $1000 exit.
350.
by ojbyrne 4y ago
They were probably more constrained in their ability to grease palms before Citizens United, but they definitely greased palms: https://www.wsj.com/articles/SB1011226990470237760
351.
by ojbyrne 4y ago
Some of the severance packages are pretty generous, lots of people got income for ~6 months (I did).
352.
by ojbyrne 4y ago
A lot of outrage, discussion, mentions of "fraud." Another possible explanation, this is fiction, creative writing essentially.
353.
by ojbyrne 4y ago
"Cut the workweek back to 35 hours" I feel like that's been the standard in a lot of industries - 9-5 with an hour for lunch - for a long time.
354.
by ojbyrne 4y ago
Except there is a Buddhist stupa at the site. https://www.harappa.com/blog/buddhist-stupa-mohenjo-daro
355.
by ojbyrne 4y ago
Wikipedia also refers to a Buddhist stupa on the site: https://en.m.wikipedia.org/wiki/Mohenjo-daro People lived there after the Indus Valley Civilization.
356.
by ojbyrne 4y ago
A few minutes research showed the black belt thing to be a myth. This is only one source: https://fullcirclejujitsu.com/the-black-belt-myth/ This seems emblematic of so much business writing.
357.
by ojbyrne 4y ago
Random guess: Offices and Servers. I believe they have lots of both.
358.
by ojbyrne 4y ago
The list isn’t subjective, it’s just “ Startups with $3 bllion or more in cumulative losses.”
359.
by ojbyrne 4y ago
Seems pretty obvious that the answer is debt. For example, Uber has $11 billion in long term debt as of 2021: https://www.marketwatch.com/investing/stock/uber/financials/...
360.
by ojbyrne 4y ago
This was before the internet was widespread.

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