A few crazy billionaires
If return-to-office mandates and DEI program shutdowns at Big Tech are making you angry, know this:
They’re designed to.
Shareholders are currently favoring profitable growth, which = cost-cutting.
But layoffs are typically also quite expensive. Especially when the norms are 6+ months of full pay.
What’s easier?
-> Telling a remote employee living in NYC that their job has moved to Seattle. That it’s in-office required.
…And that it starts next week.
Or setting policies so egregious that 50% of your most expensive employees in big cities quit because they can’t stomach working for you anymore.
Because this means employees need to resign instead of being laid off.
Which means you don’t need to pay out severance.
Is this enraging?
Yes?
Is there any silver living?
YES.
-> Startups.
✨If you’re running a startup right now, there’s about to be a surge of incredibly talented folks entering the job market✨
Who’ll likely be happy to take a little pay cut to work:
For a team where their talent matters
For a company that actually values them
For a cause that is making the world better, not worse
For an employer who sees and treats them like an adult.
So, if the actions of a few billionaire crazy people are making you feel like the world is ending,
Take a deep breath.
Let them make these self-interest-driven decisions
That drive short-term gains by sacrificing long-term value.
And use what they’re undervaluing (talent),
To build a new tech startup
That will unseat them.
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