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throwaway56623

Great point. I’ve talked briefly with my manager, but I’m going to have a longer meeting later this week. My impression is that they weren’t expecting this, and that they’re still gathering more details.
Those are all great points. Leadership could be looking out for us (attempting to avoid layoffs).

I would prefer to keep my colleagues as well. I’m not ready to jump ship quite yet. I could get paid more at another company, but I’m not sure it’s worth it at this time.

I still don’t quite understand why they would spend so much money on a retreat. Maybe it costs less than I think, compared to raises.

About 1500 employees.

I think it applies to everyone, including management. I haven’t seen or heard anything to suggest otherwise.

> all you can change is how you manage yourself

Good point

Ask HN: No raises/promotions until next year. Is this a red flag?

I’m a developer at a public software company.For the past 12 months, leadership has been pushing exceptionally hard to become profitable. To accomplish this, they've been reducing unnecessary expenses as much as possible (travel, events, etc). Last promotion cycle (January 2023), most developers did not receive a raise. Their explanation? To reduce spending as much as possible.Our latest...

( Read More... | 22 comments | 5 points | on HN )