nixCraft 🐧Didn't Netlify just have a 16% layoff just a few weeks ago? So they have the cash to buy another company? Netlify Acquires Gatsby https://www.netlify.com/press/netlify-acquires-gatsby-inc-to-accelerate-adoption-of-composable-web-architectures/ All these companies have tons of money for C-suite bonuses, and buying new companies. Yet, they are doing layoffs saying the economy is down while paying bonuses to the top executives and getting rid of working folks. I hate this so much.
Rolando Scott@nixCraft it makes absolutely no sense.. not just netlify, but the other big FAANgs.. incredible profits side by side with huge layoffs.. theres definitely something else behind this..
Richard Spenceley@rolandoscott @nixCraft they do it because they can. If everyone gets rid of 12% staff, you get
- employees too scared that they'll get fired to ask for pay rises, and working "harder" out of panic
- a new set of potential hires with experience elsewhere who will accept lower salaries out of necessity
This is absolutely a feature not a bug
Luke@nixCraft Unemployment is being used to try to control/lower inflation: https://youtu.be/QYC9RMEZjTQ
The Fed’s Inflation Mistake Continues | Robert Reich
Andrew V 🎨@nixCraft capitalism is a scam.
Christoph Thiede 
@nixCraft What do you expect? Studies have shown that pay cuts, as an alternative to layoffs, decrease motivation in employees even more and are often a greater risk to team culture than layoffs.
alex jegtnes ✨@LinqLover @nixCraft I am not aware of any studies, but I would expect not acquiring and retaining staff, as an alternative to acquiring and not retaining staff, is even better for morale.
@jegtnes @nixCraft It will also depend on the company culture, but in the end, both layoffs and pay cuts will be experienced as demotivating. At least in the short term, layoffs often lead to more competition which increases productivity. I guess long term perspective is less important for many tech companies given the typically high tenure rates.
Anton Puolakka@nixCraft This is about nerdy stuff, not complaining about the money stuff.
find . -purpose right-here-right-now
Nushio 🐧@nixCraft Imagine buying Gatsby when you could just download it for free. 😜
Travis Newton 👨💻@nixCraft How do you think they got the cash? 😉😂
But yes, this looks VERY bad.
But yes, this looks VERY bad.
Joseph Louthan@nixCraft I was pondering moving off netlify to self-host. This sealed the deal. Thank you.
FlxDidn't the "Bytes"-newsletter guys predict for 2023 that Gatsby inc. would buy Astro? 😉 This way Netlify just got rid of another competitor whose only advantage was a proprietary server caching method for incremental builds.