Comment by kace91
7 hours ago
>we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving.
In my country, this action would be literally illegal.
Even in countries where it isn’t, it feels highly immoral. “I’m not in any kind of pressure to do this but I’m choosing to shed the people who created my wealth for greater personal gain”.
This is part of the reason why American tech companies are so successful though. Being unable to lay off workers causes stagnation at companies where fast-development is paramount.
Your country also pays less and has fewer jobs.
Increasing the cost to fire, increases the cost to hire.
And yet we live longer and with higher quality of life, by most standards (chronic and mental illnesses, life expectancy, etc).
No need to turn it into a dick measuring context, we have plenty of flaws of our own.
Just pointing out that legal or not, under most morals systems, loudly proclaiming that you’re willing to screw your people for no clear necessity will get you socially ostracized.
> No need to turn it into a dick measuring context
Yes, which is why it’s not helpful to bring up a completely different economic system with an unfamiliar culture.
Why are you saying this in the next sentence:
> yet we live longer and with higher quality of life
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Can you point to the laws in your country that would make this illegal? I’m skeptical
This is also why your countries social welfare systems are teetering on fiscal insolvency and deficits are ballooning.
Your inefficient and non-competitive private sector isn't growing fast enough to fund your growing demand for free stuff in the public sector.
Maybe if companies and entrepreneurs were allowed to shift more rapidly to meet market demand your legacy giants (and social welfare meal ticket) wouldn't be sitting ducks for the Chinese to swoop in and kill.
This is America. Like it or not.
what is the typical pay for SWEs in your country compared to https://www.levels.fyi/companies/block/salaries/software-eng...
?
[dead]
What government makes it illegal for management to manage their company?
Many European countries, including mine (spain) only accept mass firings when the company proves it’s a necessity. Usually this means showing losses or the effect of force majeure events like natural disasters.
You can manage your company just fine, by not overshooting your hiring by 2x if workers were anctually unneeded for example.
But in your country (Spain), Telefónica de España laid off 3649 workers in Dec 2023 (about 40% of that unit) despite growing net income by 17% that year.
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spain has the highest unemployment rate in the EU. maybe you are ignoring important tradeoffs and are a little too confident about your own opinion on what it means to "manage your company just fine"
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