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The Stripe people did it right, or at least as right as you can under these circumstances. https://stripe.com/en-au/newsroom/news/ceo-patrick-collisons-email-to
by jherskovic 4y ago
The Stripe people did it right, or at least as right as you can under these circumstances.
https://stripe.com/en-au/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees https://stripe.com/en-au/newsroom/news/ceo-patrick-collisons...
Relevant discussion: https://news.ycombinator.com/item?id=33450753 https://news.ycombinator.com/item?id=33450753
- sigstoat 4y agothey got grief for exactly the same line zuckerberg is getting grief for in this thread.
- hamburglar 4y agoBecause there are a lot of people who just aren’t ever going to be satisfied with anything short of Zuckerberg feeling the pinch of not knowing whether he’s going to make his mortgage payment next month. It’s just people’s natural desire for punishment. I personally have a lot of disdain for zuck and what he’s built but the idea that he is ever going to experience enough misfortune to seem “just” as an offset for these layoffs is pure fantasy. If anyone is waiting for that, there is simply no path to satisfaction for them. Nothing except his own actions is going to stop him from being as billionaire as he wants to be.
- MertsA 4y agoCompare the Stripe layoff to the Meta one. The severance terms are very similar and I think the Meta offer is objectively better, if only slightly depending on tenure. Both the Stripe founders and Zuckerberg are both "taking responsibility" for the layoffs but without any resignation or personal financial burdens outside of just share price. This has basically zero chance of being a decrease in operating costs until well into 2023. Stripe and Meta seem to be on par with one another as far as how they handled their respective layoffs other than the Meta leak.