Meredith WhittakerJan 20, 2023
Early 2000s profitable startups gave their handful of workers novel perks/freedom. These cos/their workplace culture got big. Late 2010s tech labor gained power + made demands. Now a hint of recession = excuse to break promises/reestablish dominance over workers. It's not about $
Show threaddinislamJan 21, 2023
@Mer__edith No opinion on the correctness of this, but to be honest those “my day working at LinkedIn” tiktoks were getting pretty ridiculous
Show threadMeredith WhittakerJan 21, 2023
@dinislam influencer posts are not, you know, real life.
Show threadDeus

This article has a different take though. Your thoughts? In a nutshell:

  • The layoffs are part of a new age of bossism, the notion that management has given up too much control and must wrest it back from employees. After two decades of fighting for talent, chief executives are using this period to adjust for years of management indulgence that left them with a generation of entitled workers.

  • The industry is facing an uneven macroeconomic environment and a roiling stock market that is putting pressure on public tech companies and making for a less-than-ideal I.P.O. environment for private ones.

  • Tech chief executives are now optimizing more for profitability than for growth at all costs, sometimes at the expense of long-held organizational beliefs.

https://economictimes.indiatimes.com/news/how-to/why-era-of-happy-tech-workers-may-be-over-now/articleshow/97184342.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Why era of happy tech workers is over now

For nearly two decades, tech companies heralded an approach that centered on making workers happy with benefits that were intended to seamlessly integrate work and life. They made well-being programs and unlimited vacation, initiatives that prioritized the whole person, standard employee benefits. But now that's changing very fast.

Economic Times
Jan 21, 2023 at 12:57amWeb