Re:Coinbase lays off around 1,100 employees
by lkrubner on Tuesday June 14, 2022 @04:56PM
(#31745968)
This is not a hypothetical in Britain. Many categories of workers cannot be fired on a whim, nor can they quit on a whim. Many people prefer that trade-off.
For example, in 2012, at Timeout, Aksel Van der Wal was promoted to CEO. He had previously been the CTO, and now we needed a new CTO. We made an offer to a person who had a great reputation as an engineering manager at another company. But he was on a contract he could not get out of, nor would his employer let go of him. So we had to wait 9 months, while he finished that contract, before he could join us.
For example, in 2012, at Timeout, Aksel Van der Wal was promoted to CEO. He had previously been the CTO, and now we needed a new CTO. We made an offer to a person who had a great reputation as an engineering manager at another company. But he was on a contract he could not get out of, nor would his employer let go of him. So we had to wait 9 months, while he finished that contract, before he could join us.