4 ms·

Honestly I'm surprised there are 2400 employees who have stuck around this long, waiting for the other shoe to drop. How could they not see the obvious implosio

Honestly I'm surprised there are 2400 employees who have stuck around this long, waiting for the other shoe to drop. How could they not see the obvious implosion coming? The proverbial tidal wave of ugly news has been steady for months now.

michaelhoffman 7y ago
Not everyone can easily find a new job whenever they want.
- bhupy 7y ago
  Perhaps true for those at the margins, but for 2,400 white collar workers at a "tech" startup?
  - unlinked_dll 7y ago
    Having recently gone through a job search as a decently qualified candidate in an area with a lot of demand and low supply for my skillset, I'd say absolutely. Hiring doesn't happen overnight and it's much more difficult when you're doing it actively, as opposed to passively responding to the recruitment vultures. Especially when there's a time crunch, since severance doesn't last forever and hiring doesn't happen overnight.
sp332 7y ago
Being laid off gets you unemployment. Quitting doesn't.
- kamarg 7y ago
  It's not between sticking around or quitting. They could have gone out and found a new job. One that presumably pays more than unemployment and quite possibly given the current stage of the economic cycle, more than their current job.
  - Justsignedup 7y ago
    I mean, if your lifestyle doesn't require the full payment, you can think of it as a half-pay long vacation. I for one wouldn't mind being unemployed for 3 months.
    - sp332 7y ago
      To get the benefit, you have to provide documentation that you're looking for a job.
    - dragontamer 7y ago
      > I for one wouldn't mind being unemployed for 3 months. A 3-month hole in your resume will be something you'd have to explain to your future employers for the rest of your life.
      - boernard 7y ago
        any place that would give me a hard time because of a 3 months gap in my resume is a place I'd rather not work at
      - kingofpandora 7y ago
        > A 3-month hole in your resume will be something you'd have to explain to your future employers for the rest of your life. Huh? People take time off between jobs all the time.
      - perl4ever 7y ago
        There are places that demand your high school and/or college diplomas even if it's been 30 years. There are places that give programmers tests with flow charts. At some stage of maturity you realize there's no point in worrying about pleasing everybody, because many of them are unreasonable and you'll never get the chance anyway. Whenever there are unreasonable rules and you really do want to get around them, all you have to do is find a way to demonstrate your talent sufficiently that people will bend them for you.
  - sp332 7y ago
busterarm 7y ago
How many of them were Meetup employees who just got shafted by their acquiring company? How many of those Meetup employees are sitting on, or exercised, worthless WeWork options? Talk about no lube...
dragontamer 7y ago
> Honestly I'm surprised there are 2400 employees who have stuck around this long Based on one friend of mine... he's patching up his resume while waiting for his manager to offer a severance package.
elcomet 7y ago
But if they saw it coming, why would they leave earlier? It's easier to just take the money while it's there.

michaelhoffman 7y ago

Not everyone can easily find a new job whenever they want.

bhupy 7y ago
Perhaps true for those at the margins, but for 2,400 white collar workers at a "tech" startup?
- unlinked_dll 7y ago
  Having recently gone through a job search as a decently qualified candidate in an area with a lot of demand and low supply for my skillset, I'd say absolutely. Hiring doesn't happen overnight and it's much more difficult when you're doing it actively, as opposed to passively responding to the recruitment vultures. Especially when there's a time crunch, since severance doesn't last forever and hiring doesn't happen overnight.

sp332 7y ago

Being laid off gets you unemployment. Quitting doesn't.

kamarg 7y ago
It's not between sticking around or quitting. They could have gone out and found a new job. One that presumably pays more than unemployment and quite possibly given the current stage of the economic cycle, more than their current job.
- Justsignedup 7y ago
  I mean, if your lifestyle doesn't require the full payment, you can think of it as a half-pay long vacation. I for one wouldn't mind being unemployed for 3 months.
  - sp332 7y ago
    To get the benefit, you have to provide documentation that you're looking for a job.
  - dragontamer 7y ago
    > I for one wouldn't mind being unemployed for 3 months. A 3-month hole in your resume will be something you'd have to explain to your future employers for the rest of your life.
    - boernard 7y ago
      any place that would give me a hard time because of a 3 months gap in my resume is a place I'd rather not work at
    - kingofpandora 7y ago
      > A 3-month hole in your resume will be something you'd have to explain to your future employers for the rest of your life. Huh? People take time off between jobs all the time.
    - perl4ever 7y ago
      There are places that demand your high school and/or college diplomas even if it's been 30 years. There are places that give programmers tests with flow charts. At some stage of maturity you realize there's no point in worrying about pleasing everybody, because many of them are unreasonable and you'll never get the chance anyway. Whenever there are unreasonable rules and you really do want to get around them, all you have to do is find a way to demonstrate your talent sufficiently that people will bend them for you.
- sp332 7y ago

busterarm 7y ago

How many of them were Meetup employees who just got shafted by their acquiring company? How many of those Meetup employees are sitting on, or exercised, worthless WeWork options? Talk about no lube...

dragontamer 7y ago

> Honestly I'm surprised there are 2400 employees who have stuck around this long Based on one friend of mine... he's patching up his resume while waiting for his manager to offer a severance package.

elcomet 7y ago

But if they saw it coming, why would they leave earlier? It's easier to just take the money while it's there.