I briefly worked for Cisco after an acquisition, and it was a great time: I would get my sprint’s worth of work done in two days, ask if I could do anything else and be told no, and then spend the rest of the two weeks doing whatever I wanted, which at the time was learning Rust.
All that is to say, I would not be remotely surprised if Cisco has more employees than they strictly need. But, this email from the CEO is comically out of touch. “We’re doing great, better than we’ve ever done, so we’re going to fire thousands of you” is a chef’s kiss encapsulation of American corporate culture.
the CEO is comically out of touch
Maybe with normal people but that's not the target audience. The investors are the target and it's exactly what they want to hear.
Their stock went up w/ Nvidia: https://news.ycombinator.com/item?id=48075500
Actually it is the current comic trend. The business is sound and we are doing great but we will reduce workforce for pleasure.
I think that in most places the business is going bad in fact, but if you were to believe their words it will show a very despicable spirit of the current decade where the goal is to enjoy maximum profit without any care at all to do any good.
Before a boss might enjoy to have a sound business to be able to preserve the work/income of his employees.
Now they would not care to fuck employees first but also customers after if that provide with a second yacht for holidays.
Just see Elon Musk as the godfather of this discipline...
I love how
“it was a great time” = “I worked two days a week”
Any job that pays a full week and only requires two days of work is a “great time”
tells you literally nothing about the actual job.
Yeah I mean, I was being a bit sarcastic. As the sibling points out, I was getting paid a full time salary to largely do whatever I wanted. But, it was also soul crushing to have so little meaningful work to do. I left within a year of the acquisition as a result.
The actual job was working on a python server for the acquired company, and it’s not like there wasn’t more work to do, but we were not allowed to go outside the bounds of the work that had been allocated for a sprint, which was always conservative in order to allow for more accurate overall plans. It’s certain that it was different in other departments or areas or acquired companies, but that at least was my experience.
So, like every giant tech company with usury rats and stolen wages then :shrug:
The way to read that is that parent was being paid 2.5x what their FTE hourly rate would be.
In which case, I'd say they struck a helluva bargain at salary negotiation. Kudos.
It's not like they didn't ask for more work to do.
Funny that you expect an employee to view a great time as meaning more than successfully exploiting advantage to the employers disadvantage in a relationship with Cisco.
Imagine not working for a company that acts like
Crazy right?