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muro · 3 years ago
I don't like that they basically treat employees as contractors - take on many employees when they need them to build something, then lay them off when the thing is built. This almost externalizes costs for companies, moving the risk away from them. This might be legal, but IMHO breaks a promise of "as employee, you earn less, but you lower your risk and the employer will do what they can to find a different role, as long as we stay profitable".

All the big tech companies are thus encouraging their employees to unionize through these actions, even though many of their employees don't like unions.

throwawayjs · 3 years ago
In some ways I feel like the trust between tech workers and companies started to break down when engineers for the past few years have been jumping ship every year or so to maximize TC.
Infinitesimus · 3 years ago
I think it's the opposite. People realized that they were getting 2-4% raises and would forever be below market compensation so they went through the crappy experience of interviewing to get their compensation back to.market.

If you do job x and your employer pays someone 20%-50% more to do the same job, what are your options?

mydogcanpurr · 3 years ago
Why were they jumping ship to maximize TC? Was it because raises are dead?
foxyv · 3 years ago
They wouldn't jump ship if you paid them what they were worth on the market. Or gave them the barest inkling that they were secure in their organization and not subject to arbitrary layoffs. Or if there were some sort of pension plan. Or if companies didn't keep foisting more and more insurance costs onto employees. Or if applying for a job didn't take 3-4 months and unemployment covered 100% during that transition period.

Job loyalty didn't just die, it was killed along with pensions and tenure. A lot of employees are applying to other jobs because, it takes so long to get through the application process, they can't rely on getting another job in time if they get laid off. Job hopping is the new job security. The fact that it is the only way to get a raise only accelerates it all.

muro · 3 years ago
That's a good point, however I've only seen few people jump jobs like that. HR or some such probably has a better view how widespread it is.
uni_rule · 3 years ago
A union would not be necessary if they already had any sort of corporate democracy. If such a thing does not exist the workers there will find other means to make their voices heard.
bmitc · 3 years ago
It bothers me so much with these big companies laying people off. When you have over $80 billion in yearly revenue, in Disney's case, it's just pathetic that you treat your people as your main cost and liability.
chrisacky · 3 years ago
It's all relative. DIS has 200k+ employees. Thousands of employees could quite literally be less than 1% of their workforce.

Is it reasonable for a company to make a change that effects 0.5-1% of their workforce? I think yes. How about 2%? At what point do the lines get blurred in your judgment?

bmitc · 3 years ago
As a person in modern society, I am personally pretty tired of being treated and thought of as a percentage. So I don't like to think of others as percentages.
kelseyfrog · 3 years ago
The problem with framing this as a threshold question is that it relies on Sorites Paradox to work. That invalidates it in my mind because it rules out 0, 100, and every number in between. There's no way to rationalize justification for a particular numerical threshold from non-numerical qualifiers.
xhkkffbf · 3 years ago
Announcing layoffs can be good for employees. Let's say you're going to shut down some project-- something that every company must do, but big companies must do all of the time. If you do quietly without announcing any big shift, then the people affected must try to explain why they left to future employers. Now, at least, a future employer will say, "Oh yes, it was brutal at Disney back then."

It's better not to lose your job, but if the economics dictate that you must go, public "layoffs" have some advantages.

scarface74 · 3 years ago
So the alternative is that you don’t lay people off - ever?

Employees are the main cost in many companies.

ChatGTP · 3 years ago
This is capitalism? It’s ok though because the wealth will trickle down.
nxm · 3 years ago
In other forms there is less wealth altogether
reset-password · 3 years ago
These companies know that AI agents are coming at them hard and fast. I think this and other layoffs are happening now so they can cut down the numbers before the question becomes "Are you replacing them with AI?".

Which tracks with it not impacting "hourly frontline workers employed at the parks and resorts".

indigodaddy · 3 years ago
That’s interesting hadn’t thought of that.
gumballindie · 3 years ago
I see. Micro dosing is showing its signs.