Re:GitHub to Layoff 10%
by ilrwbwrkhv on Thursday February 09, 2023 @01:11PM
(#34728473)
Nah. These are all dumb companies which people shouldn't have joined in the first place. You won't find companies like Valve doing this. Join a good company people, instead of dumb, boring ones run by another run of the mill CEO.
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Can you elaborate on Valve? Why would Valve not do this? What makes it different?
Not that I agree with the above comment, but Valve is a private company. Hence, they would not be beholden to shareholder pressures. Perhaps the argument the posted intended was to never join a pubic company?
> Hence, they would not be beholden to shareholder pressures.
Private companies have shareholders & related interests/pressure as well.
Re:GitHub to Layoff 10%
by mrtranscendence on Thursday February 09, 2023 @02:40PM
(#34730066)
True, but Gabe Newell owns over 50% of Valve so I'm guessing the pressure in this case is more limited.
Even that wouldn’t explain google and meta as the founders own over 50% of voting shares.
Re:GitHub to Layoff 10%
by ilrwbwrkhv on Thursday February 09, 2023 @01:20PM
(#34728682)
Cause it is a proper company run to solve problems and not make money out of selling vaporware. It also doesn't hire in bulk and has a culture which is a step away from all this madness.