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slantedview a day ago

Revenue is up massively, so we'll be getting rid of the people that helped that happen. Genius move.

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sidcool a day ago | parent | next [-]

This is a common strategy nowadays. Not sure of the rationale

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paimapi a day ago | parent [-]

I thought it was common knowledge that

1) there was a hiring glut during COVID-19 for SWEs [0] that is now seen as a period of overhiring

2) private equity and larger institutional shareholders are seeing their commercial property investments bleed out [1]. research points to increased (or at least not diminished) efficacy of being fully remote [2] so there's obviously a trade-off that's pushing companies to assume that risk and personally I'm not convinced that it's due to the anti-social desire by execs for high-control alone

[0] https://blog.pragmaticengineer.com/software-engineer-jobs-fi... [1] https://fred.stlouisfed.org/series/COMREPUSQ159N [2] https://www.psychologytoday.com/us/blog/intentional-insights...

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Plasmoid a day ago | parent [-]

The least cynical take I've heard about RTO is that most managers are deeply under-trained to the point of being mostly incompetent. So forcing people into the office lets them do performative performance monitoring and project management. This makes their job "easier" in that they didn't know how to do it correctly in the first place.

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s1artibartfast a day ago | parent [-]

Most managers aren't trained at all, and there's a massive shortage of good ones.

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nateb2022 7 hours ago | parent [-]

I would contend most corporations have a lot more managers than is necessary.

	▲	s1artibartfast 6 hours ago \| parent [-]
		It appears that the Uber executive team agrees with you!

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whatever1 a day ago | parent | prev [-]

Then the best people quit on a random Tuesday and we have all hands on why managers cannot retain top talent.

Nobody believes a single promise of a company anymore. That promo promise after a hard assignment? Yeah fuck that.