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209 points htrp | 1 comments | | HN request time: 0.408s | source
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idkwhattocallme ◴[] No.44444622[source]
For the most part, I'm indifferent to layoffs. Companies over hire and then course correct. It's part of the game. But for MSFT, it rubs me the wrong way. In the past 5 years, their stock has soared (150% on stock and doubled in valuation). They are insanely profitable ($82B profit). They are diverse (no existential business risk). The fact that they are unceremoniously laying off 30K of the people that helped them get there drives home it's just a paycheck, do your job, but know it can and will end when convenient for the company. I know folks will argue, low performers, but really. This "productivity apps" company hired them, onboarded them, made $82B in profit, surely they can figure out how to uplevel folks. Also how do you have a layoff every couple of months for 3 years. Thinking about the middle class in the previous generation, it was unions that effectively ensured a labor job meant a secure future. I wonder if that's the solution (again).
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sitzkrieg[dead post] ◴[] No.44445007[source]
[flagged]
wing-_-nuts ◴[] No.44445141[source]
What nonsense. I've been in tech for ~ 20 years and it's literally taken me from living below the poverty line on ssi disability to fully financially independent. This is the one career where I could have accomplished that. It's basically 'disability proof'.
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1. sitzkrieg ◴[] No.44449464[source]
ive been in tech just as long. im a craftsman who cares about my work. i work for myself. no big tech company will ever prioritize the right stuff ever again, that is pretty clear everytime i make the mistake of updating any software ever.

i guess the real message is the boom is over if you want cushy or easy money