shmatt

27 ms·

301.
by shmatt 4y ago
Not too many options that are high spending countries with plenty of iPhones but also a regulation wild west and people willing to pile on hundreds of thousands in high APY debt like the US a true sweet spot Less than half of French people
302.
by shmatt 4y ago
there is no expected deflation. So we keep paying the prices as if there is currently a hiring boom, savings glut, wage pressure, and supply side shock. Even though all of those have stopped by now, we're still paying even more (5%) th
303.
by shmatt 4y ago
as others have mentioned Twitter and Tesla get more government funds than NPR. The US governments budget is pretty big and handouts are plenty
304.
by shmatt 4y ago
breaking terms of service is not punishable in any way. Facebook tried and lost in court
305.
by shmatt 4y ago
I work at a big tech company and there is a complete ban on coding using LLMs. The fear is sending our code for the model to learn in the future. This is also why then hype around GTP4-powered Office is overhyped. Very rarely will a corpora
306.
by shmatt 4y ago
They literally brag about giving loans backed by non-liquid "lottery ticket" startup ISOs, which statistically are worth $0 95% of the time. And thats not even what caused the bank run. But now that the bank run happened, this is
307.
by shmatt 4y ago
make a phone bezel 23% thiner. making the dynamic island 15% wider. and call it the most advanced iPhone ever sold in stores and add another $15B of revenue growth
308.
by shmatt 4y ago
They're only now (when this was decided, maybe a month or 2 ago) figuring out the natural attrition in the next couple of years will be extremely close to 0%, down from 15% or even higher
309.
by shmatt 4y ago
The era of the $600k (and more via stock value, if you joined 2-3 years or more before the bubble popped) line manager is over. There is still plenty of work to find, but it all depends on how much people built their lives around their inco
310.
by shmatt 4y ago
Gergely Orosz is a hack. He can show a scan of a contract with personal information redacted if he'd like to. He creates "facts" by using vague words like that Employees either had a remote contract or they didn't. Their
311.
by shmatt 4y ago
I don't understand G.O's obsession with Amazon RTO and not the rest of the industry. No, it's not "unprecedented pushback", Apple employees fought much harder, executives publicly quit, and employees went to the med
312.
by shmatt 4y ago
This is just a subtle way of a millionaire telling founders "don't worry, only poor people are allowed to lose money"
313.
by shmatt 4y ago
* Blind post by non Meta employee *. Post itself is a screenshot of a notes app This is as reliable as an anonymous egg-profile tweet The whole idea with Blind is to read from people inside the company, where Blind verified they are indeed
314.
by shmatt 4y ago
There seems to be a lot of hype online on how Amazon employees are doing something never seen before, when in reality Apple employees were fighting a lot harder, going to the press openly giving their names Ian Goodfellow, chief of Machine
315.
by shmatt 4y ago
This is my unpopular take on the layoffs at extremely profitable companies Hiring rates skyrocketed during covid, but so did attrition rates (well, the same people joining Google left some other company) After big tech started freezing hiri
316.
by shmatt 4y ago
Losing money to lock out competition has been something Microsoft has been very good at, historically
317.
by shmatt 4y ago
I don't really understand the benchmarking aspect researchers are touting. The public never cared about LLMs until they had a proper conversation with one. You can beat GPT3 at any benchmark you'd like, but if you can't get p
318.
by shmatt 4y ago
I'd work from a toilet stall for a Google L6 comp band I doubt any Googlers actually care about this stuff
319.
by shmatt 4y ago
>In order to see an orthopedic, I need to see a primary care physician for a referral I've never had insurance that requires a PCP. But if I did, i'd be sure to have a PCP. It's not that complicated. Even if you wanted to
320.
by shmatt 4y ago
FAANGMULA and all companies inspired by them have a completely broken interview process, this is the root of everything A normal interview these days is 38 minutes (45 minutes minus 2 minutes introductions and 5 minutes for interviewee ques
321.
by shmatt 4y ago
The thing is, this becomes theater of working. Imagine commuting to the office 60-90 minutes each direction just to sit in a stuffy room and zoom Want to talk collaboration and productivity? Let's see if a company bans zoom for office
322.
by shmatt 4y ago
"Donation" when half of the profit stays as private profits. This would be illegal in the U.S and immoral everywhere else Plenty of real not-for-profits sell stuffed animals for $1, no need for this rubbish
323.
by shmatt 4y ago
Unfortunately even the most modern nations have politicians pushing to "cut red tape" Im truly shocked the private sector in Turkey didn't solve this problem themselves, and needed government oversight to make sure they'
324.
by shmatt 4y ago
It worked for SiriusXM, paying a handful of celebrities big money to stream exclusively on their platform. So replace live radio with radio recording, it should still work The fact it didn't for Spotify doesn't say anything about
325.
by shmatt 4y ago
This is too easy. Some forced office time means you have employees from a big tech hub working for you. Fully remote seed stage companies aren’t paying anything close to paying rent in Sunnyvale or NYC. If you broke this down hiding the off
326.
by shmatt 4y ago
How many employees have leverage right now to jump ship? Theres a direct connection there. Cost of living is different than cost of employing. If anything, cost of employing is going down in tech, going up in the service industry
327.
by shmatt 4y ago
This pretty much sums up a lot of the layoffs going on. I can't vouch for all the random Google results but for US tech voluntary attrition seemed to be somewhere around 15% per year pre pandemic. It went even higher during the 'g
328.
by shmatt 4y ago
You really needed HN to tell you life isn't fair? Open your employee handbook on the company values page, look if "fair compensation" is listed Focus on your own career, do whats good for you, don't look at what others a
329.
by shmatt 4y ago
This just means the letter will include the wording "last resort" and "we tried everything to avoid this"
330.
by shmatt 4y ago
All of these "company X has avoided layoffs" articles are pretty foolish, are all the big layoffs done? Are we even sure there won't be second rounds by summer? Apple could layoff 4% in a week and these same analysts will try

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