- Tech company gets acquired by massive company for a ridiculous sum of money
- Site never really generated much revenue
- Parent company demands cuts
- lays off workers, ahem sorry, removes redundant positions
- re-org
- gets rid of physical assets by moving to the cloud claiming savings despite it almost always being more expensive and worse than running your own.
- lay off more employees claiming move to the cloud behind schedule and over budget
- blame the economy
- probably something with AI
- hire a more 'global workforce'
- re-org
- RTO mandate to make the highest paid employees leave after they trained their replacements overseas
- voluntary severance package
- another round of layoffs
- re-org
- quarterly report showing highest profits in company history
- worst compensation bumps in company history
My company used to staff in-house help desk, about 90% of which worked remotely full-time. They were outsourced, and a few months later, covid hit. Guess who didn't have a functioning help desk (due to the contractor using crowded call centers) during a time when we were scrambling to get as many people as possible working remotely? I know hindsight is 20/20, but that was a pretty big facepalm.
You forgot profit sharing and bonuses for the C-suite only, then it's carved up and the pension plan is raped to death.
Congrats on the monthly costs i guess? What you pay in sending a guy down to replace a job you will pay 10x in monthly costs.
I can understand a move to cloud infra for a company as worldwide as stackoverflow but I dont think they make the revenue required to support it. They're going to get squeezed by the increasing costs eventually.
Stack Overflow no longer has any physical datacenters
Do they think cloud services are literally non-corporal?
Has the cloud rug-pull happened yet or are they waiting for some recession to jack up prices?
I mean, that’s what the marketing folks at the hyperscalers would have us believe…
I understand why startups want cloud services. Don’t know why a group that reached the top of the s-curve a decade ago wants to pad Microsoft’s or google’s or Amazon’s profits.
I suppose shard(t)ing, but wouldn’t a CDN be a better fit? Maybe GDPR.
Wait a sec, do we actually know if hyperscalers like M$ and Fuckle are making profit off of that business and won't need to drastically increase prices later on (similar to Netflix, Discord, etc.)?
Not only enshittifying the site itself, I see...
Enshiteifying.
Massive blunder right there. Don't do this.
Sysadmin
A community dedicated to the profession of IT Systems Administration
No generic Lemmy issue posts please! Posts about Lemmy belong in one of these communities:
!lemmy@lemmy.ml
!lemmyworld@lemmy.world
!lemmy_support@lemmy.ml
!support@lemmy.world