mattdotc (u/mattdotc)

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mattdotc commented on New York Times tech workers union votes to authorize a strike axios.com/2024/09/10/nyt-... · Posted by u/ericnkatz

hn_throwaway_99 · a year ago

There are a host of other real expenses that need to be paid that "adjusted operating profit" doesn't account for. I'd be really surprised if total net profit was more than 50-65% of that.

mattdotc · a year ago

Point taken. I'd still maintain that the stock buybacks are egregious and need to stop.

mattdotc commented on New York Times tech workers union votes to authorize a strike axios.com/2024/09/10/nyt-... · Posted by u/ericnkatz

Manuel_D · a year ago

Is there enough money to afford the proposed pay raises? 6% profit margin isn't much. Granting the proposed pay raises to both groups could easily put the company in the red.

mattdotc · a year ago

Not sure where your 6% figure comes from, but you can easily find the 2023 Annual Report which states the following:

> Adjusted operating profit margin (adjusted operating profit expressed as a percentage of revenues) increased to 16.1% in 2023, compared with 15.1% in 2022.

You might also look into the NYT's recent history of stock buybacks while denying raises to their lowest-paid employees. The money is there.

mattdotc commented on New York Times tech workers union votes to authorize a strike axios.com/2024/09/10/nyt-... · Posted by u/ericnkatz

delichon · a year ago

How does one refrain from crossing the virtual picket line of such a strike? Is it to not do business with any company with this union's workers, for the duration?

mattdotc · a year ago

Watch for public statements from the union. A striking unit will generally inform the general public if they are looking for any show of support. No need to assume that a boycott is desired!

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mattdotc commented on Bob Lee, former CTO of Square, has died after being stabbed in San Francisco sfgate.com/bayarea/articl... · Posted by u/rdl

alex_sf · 3 years ago

Ok, everyone gets permanent housing. You've now just fired 2 million people, just in the immediate vicinity of the real estate and mortgage markets. The US homeless population is only a quarter of that, but, let's not actually think about numbers or anything.

Next will be the inevitable fallout of destroying ~45 trillion in wealth. The consequences of which, bluntly, I can't even really fathom at the moment.

I'm assuming you'll be planning to tax more to give the effected some sort of UBI? Please confirm and I'll explain how that will also blow up in your face.

> conceptually the solution is pretty simple

It is if you don't actually think about it. At all.

mattdotc · 3 years ago

unhoused people were never prospective clients of the real estate industry, but of course this is irrelevant when you can just twist and contort someone else's argument to make it easier to dismiss.

your arrogance is surpassed only by your foolishness.

mattdotc commented on Silicon Valley’s Safe Space nytimes.com/2021/02/13/te... · Posted by u/implying

leesalminen · 5 years ago

Journalists quote corporate communications in their journalism all the time, so what’s your point?

mattdotc · 5 years ago

You were complaining about being inaccurately quoted in press releases. Press releases are written by comms dept within a business, so if you have a complaint with how they're written, that's something to take up with your internal teams, not with external journalists.

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mattdotc commented on Silicon Valley’s Safe Space nytimes.com/2021/02/13/te... · Posted by u/implying

leesalminen · 5 years ago

I’ve been “quoted” in a couple press releases over the years. I never spoke nor wrote any of the quotes attributed to me. The comms team sends me a draft and says “looks good?” And I respond “yeah, whatever, don’t care”. The first time I was really surprised as I had taken the time to actually write something they could quote, but they didn’t want it.

mattdotc · 5 years ago

Corporate communications is not journalism, so what's your point?

u/mattdotc

KarmaCake day407October 16, 2013View Original