Dave Rahardja

Fuck this trend.

1. Unilaterally cut employee benefits without renegotiation
2. Blame “AI spending”

“AI spending” is now the go-to excuse to lay off and screw over your employees, no questions asked.

“A $2 billion tech firm is halting 401k contributions for staff”

#ai

https://www.thestreet.com/employment/a-2-billion-tech-firm-is-halting-401k-contributions-for-staff

May 12 at 2:06amWeb
Show threadDan SugalskiMay 12
@drahardja reading that I got strong “we’re not insolvent, AI will fix everything!” vibes. Though possibly they aren’t expecting AI to fix anything and are just trying to put off the inevitable.
Show threadKanaMaunaMay 12

@drahardja

“The company’s share price, which surged during the pandemic, has fallen from more than $110 in late 2021 to just over $3 as of the close on May 8, 2026.”

Yeah, they got bigger problems than AI.

Show threadPaul Dot XMay 12
@drahardja employee benefits should only be cut after any executive bonuses are cut AND stock buy backs are also halted