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Cicero posted:Source on offshoring of well paid tech employees increasing after 2008 recession? Gail Wynand posted:Offshoring hasn't been a thing for 10 years, turns out it doesn't work well for many projects. Where it does work, it's already happening. All the reviews of reported FB posts happen in the Philippines.
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Feb 22, 2016 03:40
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Absurd Alhazred posted:I'm going to hazard a guess that a company dedicated to making international money transfers as seamless and cheap as possible by using what looks like a more automated version of hawala is going to be financed by organized crime. The money laundering potential is too big to be ignored. See also Bitcoin. It might not be financed by organized crime but it is going to be hevely used by them. It's more the massive network of transnational workers need someone to transfer money and this works with there traditions but on the internet. Which is what all the best web business are.
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Feb 22, 2016 03:43
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sbaldrick posted:It might not be financed by organized crime but it is going to be hevely used by them. Let's just say that I wouldn't be surprised if some of those VC's get some very interesting visits if they dare back out. 
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Feb 22, 2016 03:45
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I worked at a startup whose core business was helping other startups, well, start up. Shaky business model where more goodwill was exchanged rather than currency, in the vein of "if you guys make it, you'll keep working with us!" I think the company went through 2 restructures in the year and half I worked there, and of the 10 people working there, only four were left. Granted, it worked slightly as the other startups were funded and started paying us for our work. Trickle down economics at its best! I got out of it rather quickly due to personal circumstances luckily. The hub where we worked was probably one of the most obnoxious places ever. So many buzzwords, meaningless press releases and self-masturbatory business people who felt like they were going to I only stuck by it because the startup we worked closest to had actual potential and was a social enterprise that I personally hoped would be a success. The others? Not so much... The whole place was pretty much a Silicon Valley Cargo Cult in continental West Europe, with business owners who hoped their product would eventually be bought out.
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Feb 22, 2016 04:00
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Gail Wynand posted:Offshoring hasn't been a thing for 10 years, turns out it doesn't work well for many projects. Where it does work, it's already happening.
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Feb 22, 2016 04:17
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kliksf posted:I miss fuckedcompany.com more than one of my friends ended up finding out he or she was about to be unemployed by checking the site regularly is there a twenty teens equivalent? TheLayoff
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Feb 22, 2016 05:43
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Before I moved to SF to work for a startup (that sells an actual product people find useful for actual money; imagine that!) I worked for one of the major tech companies remotely. We had team members in India. In the time I was there the Indian guys went from a 3:1 to 1.5:1 salary ratio. We started hiring Ukranian developers because we were desperate to find good people (we hired several US team members at the same time). These days outsourcing software makes you nothing more than a reseller in almost any industry. Demand is so high globally that very few half-decent developers are willing to work for peanuts; if they want a headache they can work for western companies for high wages. If not they can work for someone local for slightly lower but still high wages. If you think outsourcing is going to make a comeback then I would question whether you know anything about the industry.
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Feb 22, 2016 05:45
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Ender.uNF posted:If you think outsourcing is going to make a comeback then I would question whether you know anything about the industry.
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Feb 22, 2016 05:50
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Cicero posted:It's just a "revenge of the nerds" type fever dream, except now it's more like "revenge on the nerds". A certain segment of the left sees techies (particularly those in startups) as ignoble looters who immorally profit from business ventures that are stupid at best and immoral & destructive at worst. I suppose working for an advertising company would fall under the latter.
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Feb 22, 2016 08:16
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shrike82 posted:Still doesn't make any sense. Engaging in an offshoring exercise during a crash to cut costs would be more of a negative signal to investors. Nope. It's 'Reacting strategically to the realities of a rapidly changing market, so as to maintain our commitment to value for our stakeholders'. Cicero posted:It's just a "revenge of the nerds" type fever dream, except now it's more like "revenge on the nerds". A certain segment of the left sees techies (particularly those in startups) as ignoble looters who immorally profit from business ventures that are stupid at best and immoral & destructive at worst. Or it's a documented fact that outsourcing and outsourcing related H1B visa violations are still going strong. Liquid Communism fucked around with this message at 09:10 on Feb 22, 2016 |
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Feb 22, 2016 09:06
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Liquid Communism posted:Or it's a documented fact that outsourcing and outsourcing related H1B visa violations are still going strong. Large-scale corporate IT projects of the sort those outsourcing companies work on have little in common with the work that happens at most SV companies. The jobs threatened by those firms are in non-tech industry corporate IT departments, which generally report to execs that have little understanding of technology but a high incentive to keep costs down.
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Feb 22, 2016 10:43
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Dr. Fishopolis posted:Yelp / Eat24 worker fired for posting on the internet about literally starving to death while working for food company. You know, I read her story and all I could think was it took an avalanch of bad decisions to land her at that point.
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Feb 22, 2016 13:48
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Some articles on Transferwise. Business model explained: https://www.saveonsend.com/blog/transferwise-money-transfer/ Revenue concerns: http://uk.businessinsider.com/transferwises-amended-2015-accounts-show-11-million-loss-on-97-million-revenue-2016-1 Also if you want to read more how government and private money is being spent in Eastern Europe on shady startups with questionable leadership and business models, go here: http://doteebubble.blogspot.com.ee/
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Feb 22, 2016 14:39
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Anyone got similar info on Yelp? All this Yelp talk has left me wondering how the company makes any money at all. Edit:vvv thanks, will look it up when I get home. Freezer fucked around with this message at 15:40 on Feb 22, 2016 |
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Feb 22, 2016 14:53
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yelp's public. you can look at their IR website for financials.
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Feb 22, 2016 14:54
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wateroverfire posted:You know, I read her story and all I could think was it took an avalanch of bad decisions to land her at that point. gently caress stupid millennials, gently caress dumb techies, gently caress turbocapitalists, gently caress lolbertarians it's perfectly ok to hate everyone involved
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Feb 22, 2016 15:55
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I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!
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Uber is about to get a massive publicity boost. Money quote: quote:Authorities said they are investigating whether Uber driver Jason Brian Dalton may have given a harrowing ride to a passenger shortly before embarking on a shooting spree in Kalamazoo, Mich., that killed six — and that they are looking into whether Dalton may have continued picking up fares in the middle of his rampage. That's the opening graf- the whole article is basically Voldemort seeking sustenance in the Dark Forest. I strongly recommend giving it a read. Discendo Vox fucked around with this message at 20:39 on Feb 22, 2016 |
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Feb 22, 2016 20:36
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blowfish posted:gently caress stupid millennials, gently caress dumb techies, gently caress turbocapitalists, gently caress lolbertarians all of these issues can easily be solved by just making slavery legal again, plus if we lock up whites in indentured service as well we can eliminate a lot of what makes tumblr go round in terms of privilege so win-win imo
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Feb 22, 2016 23:23
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How to make your PR team cry from the Guardianquote:“We are horrified and heartbroken at the senseless violence in Kalamazoo, Michigan,” Joe Sullivan, Uber’s chief security officer, said in the statement. “We have reached out to the police to help with their investigation in any way that we can.” Yahoo’s Decision to Explore a Sale Exposes a Weak Board (New York Times, paywall) quote:It’s hard to believe, but after all these years, the Yahoo board is still a contender for America’s worst corporate board.
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Feb 23, 2016 00:29
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C. Everett Koop posted:all of these issues can easily be solved by just making slavery legal again, plus if we lock up whites in indentured service as well we can eliminate a lot of what makes tumblr go round in terms of privilege so win-win imo Slavery is too expensive. Would you pay for a millenial that you have to provide food and shelter for? You wouldn't make anything out of it.
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Feb 23, 2016 00:32
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on the left posted:Slavery is too expensive. Would you pay for a millenial that you have to provide food and shelter for? You wouldn't make anything out of it. Do we have a solution? Some kind of finality to this reasoning?
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Feb 23, 2016 01:38
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on the left posted:Slavery is too expensive. Would you pay for a millenial that you have to provide food and shelter for? You wouldn't make anything out of it. Depends on what you mean by "food and shelter".
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Feb 23, 2016 01:52
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Coylter posted:Do we have a solution? Some kind of finality to this reasoning? It's a depressing point that minimum wage labor is more expedient and cost-effective than slave labor.
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Feb 23, 2016 01:54
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Arsenic Lupin posted:How to make your PR team cry from the Guardian The other .27 are dead.
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Feb 23, 2016 01:59
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Cicero posted:It's just a "revenge of the nerds" type fever dream, except now it's more like "revenge on the nerds". A certain segment of the left sees techies (particularly those in startups) as ignoble looters who immorally profit from business ventures that are stupid at best and immoral & destructive at worst.
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Feb 23, 2016 03:01
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so who do we all hate more now, finance or tech?
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Feb 23, 2016 05:05
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cheese posted:Keep telling yourself that SV startup and those "nerds" are not contributing directly to the rise and expansion of the destructive 1099 economy. As someone who voluntarily works as a 1099 and receives about double in compensation as a result (yes, after benefits and yes I've run the comparison countless times), I'm curious what this "destructive 1099 economy" is. It of course depends on the work you do but 1099 has been highly profitable in my experience. It's always struck me as an outsider's perspective because most (but not all of course) good programmers I know go independent and are better off for it. edit: by 1099 I mean I have an S-Corp (with 1 employee) that bills a large company hourly for the work I do — they give me a 1099 for this so I think it counts?
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Feb 23, 2016 05:12
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Summit posted:As someone who voluntarily works as a 1099 and receives about double in compensation as a result (yes, after benefits and yes I've run the comparison countless times), I'm curious what this "destructive 1099 economy" is. It of course depends on the work you do but 1099 has been highly profitable in my experience. It's always struck me as an outsider's perspective because most (but not all of course) good programmers I know go independent and are better off for it. in this context it refers to "sharing economy" type jobs like uber/lyft where you're for all intents and purposes an employee of the company but you get 1099'd so the company can dump off all of its tax and insurance liability on you, as opposed to legit consulting (i.e. what you're doing)
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Feb 23, 2016 05:21
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axeil posted:so who do we all hate more now, finance or tech? Tech. At least the finance people don't have any starry-eyed libertarian dreams about themselves as saviors of humanity
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Feb 23, 2016 05:23
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Summit posted:edit: by 1099 I mean I have an S-Corp (with 1 employee) that bills a large company hourly for the work I do — they give me a 1099 for this so I think it counts? People are almost universally talking about gig economy bullshit like Uber when they complain about 1099 stuff. I'm a 1099 too (I'm a self employed software developer) and I'd never even consider trading it for a "stable" job, but that's because I get to reap all the actual benefits that come with self employment. That's a lot different from people who are employees in all but name.
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Feb 23, 2016 05:23
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Dangit Ronpaul posted:in this context it refers to "sharing economy" type jobs like uber/lyft where you're for all intents and purposes an employee of the company but you get 1099'd so the company can dump off all of its tax and insurance liability on you, as opposed to legit consulting (i.e. what you're doing) Paradoxish posted:People are almost universally talking about gig economy bullshit like Uber when they complain about 1099 stuff. I'm a 1099 too (I'm a self employed software developer) and I'd never even consider trading it for a "stable" job, but that's because I get to reap all the actual benefits that come with self employment. That's a lot different from people who are employees in all but name. Ah, so in other words denying benefits with no increase in compensation to make up for it. Thanks for the clarification. Edit: Also, probably not referring to professionals who do it voluntarily.
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Feb 23, 2016 05:25
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Dangit Ronpaul posted:in this context it refers to "sharing economy" type jobs like uber/lyft where you're for all intents and purposes an employee of the company but you get 1099'd so the company can dump off all of its tax and insurance liability on you, as opposed to legit consulting (i.e. what you're doing) It's almost as if 1960s era labor law is out of date and needs to be updated to reflect 21st century realities.
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Feb 23, 2016 05:56
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redscare posted:It's almost as if 1960s era labor law is out of date and needs to be updated to reflect 21st century realities. "Nah, it's pretty good honestly." ~ Uber spokesperson
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Feb 23, 2016 06:14
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Summit posted:Ah, so in other words denying benefits with no increase in compensation to make up for it. Thanks for the clarification. Yeah Dell was doing that to me when I was working as one of their field techs. Dell charged customers $170/hr for my labor, but I was only getting $15/hr of it. I was a subcontractor, so there were 2 hands in the cookie jar before I ever even got to look at my crumbs. Oh and of course no raises ever and no benefits to speak of. poo poo sucks and it's everywhere.
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Feb 23, 2016 06:50
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Lacrosse posted:Yeah Dell was doing that to me when I was working as one of their field techs. Dell charged customers $170/hr for my labor, but I was only getting $15/hr of it. I was a subcontractor, so there were 2 hands in the cookie jar before I ever even got to look at my crumbs. Oh and of course no raises ever and no benefits to speak of. poo poo sucks and it's everywhere. I had a similar issue as a technical writer for a large software company. To the customer, my time was worth $200/hr. To the company, my time was worth one tenth that. It's rather galling when you realize the disparity.
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Feb 23, 2016 16:47
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Well that's how all consulting works because there's a shitload of overhead costs, this is hardly unique.
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Feb 23, 2016 17:40
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In addition to overhead, the company is getting paid because their brand and sales force, not your amazing connections, was the main reason you got the job.
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Feb 23, 2016 17:57
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For a consulting operation, sales is overhead since you can't bill sales hours to the client directly. That said, making 10% or less of billable is pretty messed up for a skills based position.
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Feb 23, 2016 18:58
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Yes clearly there was $180/hr of overhead on that contract, I believe this because I'm an idiot
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Feb 23, 2016 20:24
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Did they only pay you while you were working on contracts, or also when they didn't have work to give you? Billed contract rates have to cover downtime too. 10x is still pretty wild, though.
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