I've been laid off. At the time, I had plenty of savings and nobody depending on me besides my dog. I took some time off and was later able to find a new job. The company didn't have any H-1Bs at the time, but if it did they certainly would've been in a much worse situation than I was and clearly more deserving of empathy.
Did you feel any empathy when the Disney CEO was fired with a multi million dollar severance package? Things are different for different people.
The company can also initiate a vote of all employees to remove this cut of CXO compensations, so that if CXO is really doing well overall I'm sure he will be recognized and his compensation defended by the whole company.
It's also worth noting many places enshrine in law protections for layoffs because of the power imbalance between employees and employers.
Then again outside of visa holders they are naive.
I’ve been working professionally for 25+ years and there isn’t a day after my first year after I built up savings that I depended on my employer instead of my employability to support my addiction to food and shelter.
In the case of Confluent, who depends on a non profitable company to be a sustainable place of unemployment? You go in knowing that any given day that you are going to be laid off and save accordingly.
And no when I graduated from college I wasn’t making an above average salary. I started out making $30K and found the cheapest apartment I could until I saved money.
CEO makes a mistake, I get laid off. CEO takes full responsibility.
I have no idea if Confluent overstaffed. I admit I'm surprised to hear they aren't profitable though.
That is irrelevant, since they are taking full responsibility anyway, right?
Just kidding.
You get COBRA through your former employer. Been there done that. I had a pre-existing condition that I couldn’t get health insurance individually (pre-ACA)
> What happens if you have a personal emergency during your job search? What do you do if you have existing debt from a previous emergency, medical crisis, etc?
You talk to the people and make arrangements or you just don’t pay them until you can afford to. Your priority becomes house, food, shelter, car.
How do you think people making much less than tech workers handle it?
They don't. That doesn't make being laid off not worth sympathy, though! You don't know someone's personal life circumstances. It's not helpful to just presume they'll be okay and therefore it isn't worth advocating for better treatment.
Precisely. Corporations made jobs always transactional. Now the employees and the public are making corporations transactional by affording them no sympathy or loyalty whatsoever.
The second point, a job is always transactional, you exchange labor for money and at any given time, either party can stop that transaction
Also, if you are a tech person in any major city in the US, you are more than likely making at least twice the median wage in that city. If others can survive making half of what you’re making, you should be able to save enough to weather a brief storm.
Of course I understand things are different if you are here on H1B.