| Their profits and stock price are both up. Seem like they're making fairly sane financial decisions. I'm not one to defend the actions of corporate leadership most times, but it does look like Salesforce is doing what the market is asking for: bringing up profits. And if we assume an average TC of around 250k per engineer, that's 40 employees of 8,000 laid or half a percent of the employees could have been spared by letting go of McConaughey instead. In case they're mistaken it seems a lot easier to hire 40 $250k engineers again then get McConaughey back after breaking a contract. Meanwhile the company I'm at is just learning that publicly traded companies can't live off runway alone and that they need to become profitable (something they've never done) and please investors. The "leadership"'s failure to act is causing increasing stress in the company, and personally I'm finding it more and more clear they don't really know how to run a public company. There are so many companies that look like what I described I'm not remotely worried about anyone de-anonymizing me over this info. I would much rather be at a company like Salesforce right now. At least there's some evidence the layoffs were effective and anyone surviving, after the recent earnings, is probably already starting to feel more assured about their job. When layoffs do eventually hit me where I'm at now, even if I survive I'm not going to have much confidence in the future. |