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A comment on LinkedIn laying off nearly 700, mostly from core engineering teams. Parent comment

Re:LinkedIn laying off nearly 700, mostly from core engineer... by bogtog on Monday October 16, 2023 @03:40PM (#37905231)
The NBA has a cap on how much each player can make (around $50M this year). Lebron could be, say, worth $100M/yr, yet they can't be paid this. I'm guessing that there are around a dozen players in the league worth more than the max salary.
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Re:LinkedIn laying off nearly 700, mostly from core engineer... by leksak on Monday October 16, 2023 @04:05PM (#37905712)
$50M is not underpaid for any profession, that sounds like a sizeable salary regardless of what you do or the sacrifices you have to make.
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Re:LinkedIn laying off nearly 700, mostly from core engineer... by catlover76 on Monday October 16, 2023 @08:01PM (#37908353)
It's "underpaid" in the sense of like, if teams would pay him more in the absence of the salary cap, which the other posters kindly reminded me of, then his "true" salary is higher than his current.
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