Submitted by itsonlyeva t3_10lh5m5 in technology
ejpierle t1_j5x41jx wrote
I hope all these tech workers can get together and build something so cool it puts all their bosses out of business.
hibearmate t1_j5ydoj4 wrote
Please remember that ANY layoffs at these companies are reported as tech layoffs
So getting rid of PR, Marketing, Finance, and administrative staff is “tech“ layoffs
ejpierle t1_j5ye591 wrote
Well, any new company will need marketing and admin and whatever else also, so my point stands.
Fair-Distribution-51 t1_j5yukte wrote
Yeah but new companies won’t be able to pay them similar wages to what they earned at these huge tech companies
RieveNailo t1_j60gsl3 wrote
Pay at IBM is pretty bad though so once they find work elsewhere, it will probably be a raise
Fair-Distribution-51 t1_j61dbmi wrote
Fair enough, I don’t know much about IBM but just know the other big tech companies like google etc that are having layoffs pay a lot when including their stock they give so really hard to get something similar at a smaller company
Zhabba_Zheeba t1_j5z07hh wrote
$X > $0 for someone who just lost their job, even if $X < $Y.
Nebula_Zero t1_j5z22nv wrote
Low wages < unemployment benefits that pay a percentage of what you made while you hunt for a better paying job with benefits
Zhabba_Zheeba t1_j5z3xb8 wrote
Well, then that's the individual's fault for not doing that cost/benefit analysis. Have you ever tried to survive on unemployment? I have. Covid bonuses notwithstanding, it's very difficult, and usually much less desirable than actually having a job that pays less than what you made.
1900irrelevent t1_j5zrn1y wrote
State unemployment is capped. https://savingtoinvest.com/maximum-weekly-unemployment-benefits-by-state/
[deleted] t1_j5zr9ht wrote
[deleted]
4Wf2n5 t1_j5zadqc wrote
There's a Google sheet of the affected Spotify employees that was shared on LinkedIn to help them find future opportunities. Most were engineers.
Confident-Parks-3021 t1_j5x52kn wrote
Hopefully there is a couple start up companies that hire them.. then start ups do something.
Feisty_Perspective63 t1_j5xsk34 wrote
That's not what usually happens
Chupacabra_Ag t1_j5ykh3q wrote
That is the beauty of capitalism and the free market!
brickmaus t1_j60qnxc wrote
Build a company with no c-level executives and instead all exec-level decisions are just made by ChatGPT
diacewrb t1_j5xypzb wrote
Hopefully they won't become a big monopoly and start the cycle of layoffs all over again.
ytaqebidg t1_j5z1nvy wrote
Sadly these companies don't hire those kind of people.
TheRealAndrewLeft t1_j5zo9ns wrote
Didn't WhatsApp come out of a similar situation in 2008?
NextDistrict t1_j605c7i wrote
By the way, it’s kind of ironic that you are also advocating for layoffs of the other employees that survived that round of layoffs. Outside of a scandal or activist investor, a lot of leadership in a company would not go unless there is a large downturn in business results… which would mean a lot of layoffs.
k0ty t1_j63raur wrote
I did exactly this few months ago and put IBM out of business in my region in consulting 😊
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