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by high_water_marx
1092 days ago
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Without unions, U.S. tech workers have no meaningful mechanisms for preventing mass layoffs like this. A (generally) competitive hiring market doesn't constitute robust, long-term protection against corporate execs who view labor as an extremely squeezable company expense, and until inelastic demands like healthcare are disentangled from our labor, layoffs like this will bring with them stress and grief for some people. I think that instead of hoping the market continues to shield us (tech workers) from seeing our labor power weakened, and crossing our fingers that our employers will offer us comfortable severance packages (but not really knowing until the time comes), we should be organizing into unions. CEO Stapler looks like he's doing well btw despite the 'restructuring', having acquired ~$4.3M in RSUs starting on June 15 (http://pdf.secdatabase.com/776/0001209191-23-038492.pdf) Not all vested yet, but it's good to see that, as usual, somehow needing to 'optimize spend' always seems to mean cutting workers but mysteriously, also means showering execs in the gatorade cooler full of money. |
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