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this post was submitted on 02 Dec 2023
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Sounds like a whole lot o' quittin' time to me.
Probably, but the tech industry has cooled a little. They’ll bail, but they won’t bail as quickly as they’d like to bail.
If this happened to me the first thing I'd do is start looking for other jobs. The second thing I would do is start giving the absolute bare minimum effort possible without getting fired.
This CEO is a fucking idiot. In what I assume is an attempt to increase productivity he's just caused his entire workforce to not give a fuck about their jobs anymore.
Really, this is what will happen. People will eat the shit sandwhich in the short term, but as hiring at other firms picks up in the coming years they’ll lose all of their talent to higher paying companies. Then they’ll complain about no one wanting to work or not being able to find good hires.
Not only that, they'll lost their best talent first
This is called the "dead Sea effect".
I think that's the idea. Why do costly layoffs when people can just be led to quit? This issue is politicized so they'll have cover.
Note that broadcom is notorious for buying a company with "captive" customers and gouging the customers while slashing expenses.
They are ecstatic to have people quit and they don't even care if the "good" ones quit, because they just need to gouge VMware customers for a few years and if VMware becomes a dried up husk of a company, they roll their revenue into a new company to vampire into oblivion.
Come on over baby
Whole lotta quittin' going on
Come on over baby
Baby you can't go wrong
Ain't no bullshittin'
Whole lotta quittin' going on