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Twitter is offering valued employees $50k to $200K to stay rather than accepting a job elsewhere. This is also a sinking-ship sign, because it means they're also having trouble hiring.
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Mar 10, 2016 20:25
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Arsenic Lupin posted:Twitter is offering valued employees $50k to $200K to stay rather than accepting a job elsewhere. This is also a sinking-ship sign, because it means they're also having trouble hiring. Eh, Twitter is a strange place to work. I have a friend who spent about 6 weeks there and she quit because she literally did not know what she was supposed to be doing. Organization there seems to be nonexistent, if that's true across the board it's not much of a stretch to wonder why they're having trouble retaining talent. Then again, did they ever figure out how they're going to make money from it?
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Mar 10, 2016 21:20
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Arsenic Lupin posted:Twitter is offering valued employees $50k to $200K to stay rather than accepting a job elsewhere. This is also a sinking-ship sign, because it means they're also having trouble hiring. Bonuses offered in the form of restricted stock.
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Mar 10, 2016 21:25
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Is giving away rapidly dwindling restricted stock something that companies usually attempt to inspire confidence? Seems like every time I hear something like this happening its because a company is circling the drain.
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Mar 10, 2016 22:02
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Shooting Blanks posted:Eh, Twitter is a strange place to work. I have a friend who spent about 6 weeks there and she quit because she literally did not know what she was supposed to be doing. Are you kidding me? If she was getting paid and not getting yelled at for doing nothing that sounds like the perfect job.
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Mar 10, 2016 22:38
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WampaLord posted:Are you kidding me? If she was getting paid and not getting yelled at for doing nothing that sounds like the perfect job. Then you get home and say "what the gently caress am I doing with my life". Plus there's the suck of getting fired and not really being able to use the job on your resume.
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Mar 10, 2016 23:30
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WampaLord posted:Are you kidding me? If she was getting paid and not getting yelled at for doing nothing that sounds like the perfect job. Basically this: FilthyImp posted:Jobs like that suck because you just sit around all day and try to fill the 8 hours you're mandated to be there. After the second week of binge-watching something on Netflix, while occasionally answering emails or spending a handful of hours on a small project, you start going stir crazy. I'm getting to that point myself, honestly.
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Mar 10, 2016 23:49
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That type of job sounds great in theory but in practice it's soul-crushing. You'd have to go full-on AWOL (and not have any conscience about it at all) to be able to enjoy it.
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Mar 11, 2016 00:04
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Xylorjax posted:That type of job sounds great in theory but in practice it's soul-crushing. You'd have to go full-on AWOL (and not have any conscience about it at all) to be able to enjoy it. If the company is poo poo enough to pay you six figures without giving you actual things to do, they deserve it when you just stop coming to work until someone notices (probably months or years down the line)
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Mar 11, 2016 00:17
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I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!
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FilthyImp posted:Jobs like that suck because you just sit around all day and try to fill the 8 hours you're mandated to be there. After the second week of binge-watching something on Netflix, while occasionally answering emails or spending a handful of hours on a small project, you start going stir crazy. I got assigned to a project where the task was to analyse a data set which was backlogged by a year and a half. I cleared the backlog in a year which meant the last six months consisted of one day's work to clear the previous week's data and four days doing nothing, with an hour at the end of the week to create the report for whatever week from the backlog was due. Best six months of my working life, I got paid pretty much to surf the internet.
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Mar 11, 2016 00:17
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Basically be that dude in Silicon Valley who is failing up a ladder of do-nothing six figure positions, starting with the first one given to him as an insult.
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Mar 11, 2016 00:18
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Arsenic Lupin posted:Twitter is offering valued employees $50k to $200K to stay rather than accepting a job elsewhere. This is also a sinking-ship sign, because it means they're also having trouble hiring. Don't they have a lot of redundancy in their employment?
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Mar 11, 2016 00:19
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WampaLord posted:Are you kidding me? If she was getting paid and not getting yelled at for doing nothing that sounds like the perfect job. Some people go insane if they don't have things to do but have to be in specific places for specific periods of time. Go try to spend eight hours sitting somewhere doing literally nothing. Imagine doing it for multiple days a week. It's crazy. Yeah maybe you can find poo poo to do but when it comes to a job somebody is going to notice that you just read Wikipedia every day for eight hours. Then it's like "why do you do this?" to which you say "nobody gives me anything to do." Then you might get "then you find things to do!"
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Mar 11, 2016 00:49
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Mercury_Storm posted:Is giving away rapidly dwindling restricted stock something that companies usually attempt to inspire confidence? Seems like every time I hear something like this happening its because a company is circling the drain. See thread title. On a side note, it really, really pisses employees off who *aren't* offered the anchor money. "You don't want me? I'm out." And it's only when they're gone that you find out they were the only person who knew how to [insert your favorite obscure task here]. The times I've worked places where this kind of offer went out -- I have a habit of killing companies -- everybody took it as a message to get out while the getting was good. I've already read in interviews that nobody wants to hire anybody with Yahoo as their last job, because the assumption is that if you were good, you'd have left long ago. The rule of thumb used to be that if they rebranded or built a signature building with a big-name architect, it was time to go, because the place was rotten at the top. More than one layoff is also a very bad sign. computer parts posted:Don't they have a lot of redundancy in their employment?
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Mar 11, 2016 00:53
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Arsenic Lupin posted:When a company is obviously in bad straits, it's the good people who leave; the bad people don't have alternatives and stay. And, of course, the good people who believe in loyalty. Company loyalty is one thing that's confused me. I used to suffer from that until I realized that a company would dumb your rear end to the curb for all sorts of incredibly stupid reasons.
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Mar 11, 2016 01:01
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Arsenic Lupin posted:See thread title. On a side note, it really, really pisses employees off who *aren't* offered the anchor money. "You don't want me? I'm out." And it's only when they're gone that you find out they were the only person who knew how to [insert your favorite obscure task here]. The times I've worked places where this kind of offer went out -- I have a habit of killing companies -- everybody took it as a message to get out while the getting was good. Haha wow I didn't even think of that. Christ what a terrible idea. I believe Sears also started doing sometime after their idiot Randoid CEO hosed up everything, and yeah...
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Mar 11, 2016 01:05
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ToxicSlurpee posted:Company loyalty is one thing that's confused me. I used to suffer from that until I realized that a company would dumb your rear end to the curb for all sorts of incredibly stupid reasons. A lot of people don't like uprooting everything every few years, even though that's the prevailing trend these days.
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Mar 11, 2016 01:18
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ToxicSlurpee posted:Company loyalty is one thing that's confused me. I used to suffer from that until I realized that a company would dumb your rear end to the curb for all sorts of incredibly stupid reasons. A company is an organization of humans. If deserving it's roughly as worthy of loyalty as a sports team or any other club.
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Mar 11, 2016 01:28
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asdf32 posted:A company is an organization of humans. If deserving it's roughly as worthy of loyalty as a sports team or any other club. You can love a company, and the problem is the day you realize that you made sacrifices for it, but it will make none for you. (I got out of PPD just fine. Some others, not.)
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Mar 11, 2016 01:59
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computer parts posted:A lot of people don't like uprooting everything every few years, even though that's the prevailing trend these days. Making big moves for work also tends to be easier for young people. I have several friends in their early 30s who have started to complain about hitting career brick walls because it's not something they're willing/able to do anymore.
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Mar 11, 2016 02:03
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Mercury_Storm posted:Haha wow I didn't even think of that. Christ what a terrible idea. Sears is so hosed it should be held up as an example of what no to do with your company. It and the US and Canadian post office are why Rand was an idiot in action.
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Mar 11, 2016 02:59
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computer parts posted:A lot of people don't like uprooting everything every few years, even though that's the prevailing trend these days. I get that but that's not company loyalty specifically but rather "the only things I have offers for are places other than here." Yeah moving sucks no matter what; I've done it...I think 20 times in my life so far but that's a practical concern rather than company loyalty. Because, well... Arsenic Lupin posted:the problem is the day you realize that you made sacrifices for it, but it will make none for you. American businesses are profit machines. You are valuable to them only as long as you generate profit. If you stop your days are numbered. If the business is failing then the executives are going to be busy crafting golden parachutes for themselves, holding the business together only long enough to do so. The business and its executives don't care about you and never will. They'll take every sacrifice you're willing to give, every hour you're willing to work, and every bit of productivity they can squeeze from you. They'll give back only the bare minimum it takes to keep you there.
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Mar 11, 2016 03:08
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Arsenic Lupin posted:Twitter is offering valued employees $50k to $200K to stay rather than accepting a job elsewhere. This is also a sinking-ship sign, because it means they're also having trouble hiring. Actually, even if you're able to hire, you can only handle so much turnover without operational paralysis, especially in departments like engineering that require a lot of domain knowledge for optimal productivity. Retention of key veteran employees (as well as accurate identification of who is key and who is surplus, management often fails at this) is crucial to pulling off a turnaround plan. The $ amount isn't even that startling when you consider the kind of hiring bonuses that get thrown around for the right skillsets because those people have so many options. But there's a fine line between pulling off the turnaround and crashing into the ground. Also, productive workers HATE "sit there and jerk off" jobs because there's no challenge, you learn nothing, and don't grow. I've had stints where I could get away with putting in 4/hr days but pick up extra projects to stay busy/learn/gain skills.
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Mar 11, 2016 18:52
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Basically, if I'm doing a job and I can't do anything but sit around and surf the Internet, I don't want that job because I'd rather surf the Internet at home where I can look at porn and poo poo and take naps, and don't have to drive to work.
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Mar 11, 2016 21:50
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redscare posted:Actually, even if you're able to hire, you can only handle so much turnover without operational paralysis, especially in departments like engineering that require a lot of domain knowledge for optimal productivity. Retention of key veteran employees (as well as accurate identification of who is key and who is surplus, management often fails at this) is crucial to pulling off a turnaround plan. The $ amount isn't even that startling when you consider the kind of hiring bonuses that get thrown around for the right skillsets because those people have so many options. But there's a fine line between pulling off the turnaround and crashing into the ground. There's the problem golden handcuffs are intended to solve (see above) and then there's the as-built meaning. When you're at a company that does this, it signals that the smart people are fleeing, and you should too. Taking the money ties you to a sinking ship. Unless you have personal reasons for staying, such as not wanting to relocate or not wanting to switch jobs in the near term, it's wiser to leave before you're pushed or become unhirable.
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Mar 11, 2016 22:12
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Arsenic Lupin posted:There's the problem golden handcuffs are intended to solve (see above) and then there's the as-built meaning. When you're at a company that does this, it signals that the smart people are fleeing, and you should too. Taking the money ties you to a sinking ship. Unless you have personal reasons for staying, such as not wanting to relocate or not wanting to switch jobs in the near term, it's wiser to leave before you're pushed or become unhirable. Agree. Taking the money is basically a calculated risk that the turnaround will work (esp if you personally can score a huge win in the process to build your career on) - or that you'll be able to get in time anyway, depending on how the contract is structured. Also this: foobardog posted:Basically, if I'm doing a job and I can't do anything but sit around and surf the Internet, I don't want that job because I'd rather surf the Internet at home where I can look at porn and poo poo and take naps, and don't have to drive to work.
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Mar 12, 2016 00:32
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Arsenic Lupin posted:If you're actually on that team, it's more intense. I was never loyal to (say) the idea of Parcplace-Digitalk, but I loved the technology they sold, and I loved the people who worked with me to build it. I loved *my* work, the work I'd gotten to finish. lol if you didn't learn this from your first minimum wage job
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Mar 12, 2016 02:18
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Optimizely laid off 10% http://venturebeat.com/2016/03/10/optimizely-lays-off-40-employees-around-10-of-its-workforce/ “While it is sad to see fellow Optinauts move on, it is the right thing to do for Optimizely in order for us to accelerate our journey to Controlling Our Own Destiny,” Optimizely cofounder and CEO Dan Siroker today told the startup’s employees in an email. I dont know whats worse, getting laid off or having to read that claptrap on the way out.
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Mar 12, 2016 08:37
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foobardog posted:Basically, if I'm doing a job and I can't do anything but sit around and surf the Internet, I don't want that job because I'd rather surf the Internet at home where I can look at porn and poo poo and take naps, and don't have to drive to work. This attitude seems to rely on not needing a job to not be homeless and internetless.
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Mar 12, 2016 13:03
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"Sure, I get this 'money', but stringing together 9 porn- and nap-free hours? I don't think so. And don't get me started on driving places."
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Mar 12, 2016 13:16
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Condiv posted:lol if you didn't learn this from your first minimum wage job My first minimum wage job was at the public library, kind of a special case. They were still greeting me with affection (and vice versa) twenty years later. Furthermore, the experience there helped me get at least two software-industry jobs.
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Mar 12, 2016 16:51
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FilthyImp posted:Jobs like that suck because you just sit around all day and try to fill the 8 hours you're mandated to be there. After the second week of binge-watching something on Netflix, while occasionally answering emails or spending a handful of hours on a small project, you start going stir crazy. This is true. I had a contract for two months where I literally did nothing for the first three weeks and at first I was thinking it was a sweet gig then I actually started to get annoyed and bored by the whole thing so just started making improvements everywhere I could, left a bunch of pull requests open and went on my merry way to my next contract. EDIT - I also worked for a company that amazon bought and for 6 months this contractor we had who had moved to China to get married and work remotely basically got paid to do nothing until somebody discovered what was going on and cut him off. Mr Cuddles fucked around with this message at 17:50 on Mar 12, 2016 |
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Mar 12, 2016 17:46
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Wouldn't you know it, it's time for quarterly reports. Let's see how Yahoo!'s been doing!quote:Q1 2016 Progress Report On Our Product Prioritization I literally laughed out loud at "streamline our editorial offering". Here's some outside coverage.
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Mar 12, 2016 17:49
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Mr Cuddles posted:This is true. I had a contract for two months where I literally did nothing for the first three weeks and at first I was thinking it was a sweet gig then I actually started to get annoyed and bored by the whole thing so just started making improvements everywhere I could, left a bunch of pull requests open and went on my merry way to my next contract. This is basically my life right now, except it's tolerable since I primarily work remotely so I can get actual work done on other projects. I'd feel like I'm ripping this client off if not for the constant email exchanges and meetings where I find new and exciting ways to explain that I am literally doing nothing. I couldn't imagine actually dragging myself into an office every day for this without wanting to stick a gun in my mouth.
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Mar 12, 2016 17:56
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computer parts posted:A lot of people don't like uprooting everything every few years, even though that's the prevailing trend these days. If capital is mobile, labor must follow. Welcome to Neoliberalism!
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Mar 12, 2016 18:08
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rscott posted:If capital is mobile, labor must follow. Welcome to Neoliberalism! That really doesn't correlate at all, since labor in the US doesn't move that far. If you created tons of protectionist policies for the US you could (and probably would) still end up with a situation where people have to hop jobs regularly to get a raise.
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Mar 12, 2016 19:22
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Paradoxish posted:This is basically my life right now, except it's tolerable since I primarily work remotely so I can get actual work done on other projects. I'd feel like I'm ripping this client off if not for the constant email exchanges and meetings where I find new and exciting ways to explain that I am literally doing nothing. I couldn't imagine actually dragging myself into an office every day for this without wanting to stick a gun in my mouth. I once did this for 6 months, except it was not for a client, it was for my employer and I didn't even try to hide it, I said it very bluntly that I had done loving nothing the previous day. I had to go to the office every day, but it was only about 3km away. It was super boring.
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Mar 12, 2016 19:51
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For me it was nine months waiting for a security clearance, not being allowed to go to the "office". Then I had to go every day, but it was a month before they could get me a computer. That was much worse. Then I had to actually work, and that was the worst.
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Mar 12, 2016 20:15
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Absurd Alhazred posted:Wouldn't you know it, it's time for quarterly reports. Let's see how Yahoo!'s been doing! "give our users the best experience possible" also made me giggle.
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Mar 12, 2016 20:32
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computer parts posted:That really doesn't correlate at all, since labor in the US doesn't move that far. It's neoliberalism as a mindset. Capital looks all over the world for the best return, that's globalism in a nutshell. Labor isn't that lucky, what with citizenship and immigration frictions and all of that junk, but moving all over the United States every 3-5 years in an effort to get the best wages in your chosen career is becoming increasingly necessary and the expected. Things that tie you down to an area, like family, friends, a mortgage, or children are a hindrance to making a living wage in our post industrial economy. Part of that is inevitable simply because it is easier than ever to move cross country, but quite a lot of it is caused by a race to the bottom between various regions and locales in the US competing to offer the most favorable tax status and least regulated labor rights to companies in an effort to attract them, which is a microcosm of the situation in the wider world.
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Mar 12, 2016 20:37
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