The size of these layoffs are minimal in comparison with the hires they have done during the pandemic. I see this as normalization more than anything else.
english not me main language but it not mean me stupid. i was at two big tech company for over past 10 year.
this a massive GRIFT..saw armies of new hires. Now people on HN and LinkedIn say, "So hard to recruit this level talent. Will need to re-hire them." Oh really? Let me tell you.
i saw:
- original founders, execs, and they proteges leave, to be replaced by "Professional Managers"
- professional managers have no vision or direction.
- professional manager cares nothing for customer, product, or value.
- professional manager driven by prestige of being at big tech and ego
- only goal is to increase HC, fight territory battles, and grow empire.
- main incentive was PROMOTION.
- how to achieve promotion? Managers: empire building. IC: invent complexity, build solution to problem that not real. launch it, get promoted, go to next team. great, now we need to spend even more $$ to support some piece of shit services because critical stuff taking dependency on it. manager, Sr. Mmnager collude across organization to show big impact and get unnecessary thing entranced deep in tech stack. But hey, now we write document in promotion portfolio so sr. manager can become director.. sr. engineer become staff level..
- 20% of company provide value that pays the other 80% salary.
- Many people work on stupid thing that have no meaning for customer.
let me pick a random big tech co:
you tell me what huge improvement in amazon shopping, how alexa better, how kindle better, how fire (junk) any better? What big innovation even from aws in past 7 year? oh let me tell you – lets steal some open source project, give no credit or contribution back to main project, and sell as managed service and eat our customer in data transport cost alone.
this grift went on long time enable by cheap borrow policy. and in silicon valley, it at level of Ponzi scheme. I invest in company x,y,z, and c. i force c to use shitty SaaS products from x,y,z or some other company my friend invest in. it literally same dollar moving from x to y to z to c.
