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                                                             on Gopher (inofficial)
   URI Visit Hacker News on the Web
       
       
       COMMENT PAGE FOR:
   URI   Restructuring Announcement
       
       
        huslage wrote 18 hours 31 min ago:
        This comment thread is just hilarious. When a CEO of a VC-backed
        startup that you admire does things you disagree with, you find ways to
        justify their actions. When a CEO that is running an actually
        successful business and wishes to defend that business legally, you
        trash him. Be better.
       
          bravetraveler wrote 18 hours 17 min ago:
          Matt needs to be better, you're hilarious - he is the common
          denominator
       
        ssimpson wrote 19 hours 43 min ago:
        Executive behaves like a child, labor suffers the consequences.
       
        bsima wrote 19 hours 48 min ago:
        I used to be a big admirer of Matt and Automattic, but after this whole
        WP Engine episode I've lost respect. I shut down my old wordpress blog,
        still working on importing the posts as org-mode files onto my new
        site, I no longer recommend WP to non-techies that ask me how to build
        a website.
        
        I hope WordPress (and Automattic) turn the ship around but its not
        looking good at this point.
       
        emaro wrote 20 hours 25 min ago:
        I wonder what this means for the future of Beeper.
       
          TheCraiggers wrote 17 hours 48 min ago:
          I'm wondering the same thing. Considering they were just acquired,
          I'm concerned. Especially since as far as I know, they still are
          operating under a free model.
       
            emaro wrote 1 hour 37 min ago:
            Yes, however Automattic seems invested in the idea, since they also
            acquired Texts.com (which I didn't know before). So maybe the
            "universal chat app" is still part of their plan going forward?
            
            Still, I'm concerned too. But I guess only time will tell...
       
        patcon wrote 20 hours 30 min ago:
        Judgement aside, I've gotta respect the humane way this org does
        layoffs. There's some slags in here about founder being "sociopath",
        but I'm just seeing a really humane founder with maybe some control
        issues.
        
        Trump, who betrays everyone for personal benefit, there's a sociopath.
        Mullenwag's just got some personality vices that served him as
        underdog, and didn't adapt to when he gained power
       
        DeathArrow wrote 22 hours 7 min ago:
        >A comprehensive package covering severance pay and benefits.
        
        What does this mean in term of monthly wages?
        
        I was a technical lead for the Romanian branch of an US company. They
        fired me along with my team and other teams. The reason was they were
        profitable but they missed the ARR by a million or something. Last year
        they did the first firing round, this the second.
        
        When they announced they will fire us, they also announced they will
        hire more sales people. The ratio of business people/tech people was
        already 7:1 before that. They also said a programmer should produce 5
        times the money the company spent with him, and we were at 4 point
        something.
        
        Now I have found a position at a local company which takes care of its
        people even in harder times.
       
        raspberry-eye wrote 1 day ago:
        AI is eating the world.
       
        dccoolgai wrote 1 day ago:
        So if you took the deal last year you would have gotten 9 months, now
        the severance is 9 weeks. Way to reward "loyalty". Good thing we're so
        smart and better than everyone else and we don't need unions.
       
          Centigonal wrote 1 day ago:
          Relevant comment from 24 days ago:
          
   URI    [1]: https://news.ycombinator.com/item?id=43309837
       
          hinkley wrote 1 day ago:
          Financially your best bet is to be in the 1st round of layoffs.
          Ego-wise, it's best to be in the second round. First round there's
          still some money and a lot of guilt, so the severance tends to be
          good.
          
          By the time they lay off truly essential people, you're burnt out,
          and you're lucky if you don't have to sue to get what you're owed by
          law, let alone whatever policy they had for paying out vacation time
          or what have you. You also get to enjoy a fun period of survivor
          guilt when they laid off people who you think have contributed as
          much or more than you have, and then know that you'll be next if they
          laid of  already.
       
            phire wrote 23 hours 53 min ago:
            IMO, if there is any talk of "loyalty" in that first round of
            voluntary layoffs, you should always leave. Even if you were
            previously loyal, the company is changing and you won't like the
            results.
       
            stefanfisk wrote 1 day ago:
            Your also competing with fewer people when looking for a new job.
       
        zellyn wrote 1 day ago:
        “While our revenue continues to grow,”
        
        Hard to read further than that…
       
        nightpool wrote 1 day ago:
        Haven't seen any public reporting on this yet, but from internal
        conversations this seems to include a 60% workforce reduction at
        Tumblr, which now only has a few remaining engineers.
       
          donohoe wrote 23 hours 39 min ago:
          Yeah, that’s my understanding as well
       
          treecrypto wrote 1 day ago:
          I actually started paying the subscription for my Tumblr account a
          couple years ago. I don't get much direct benefit from it, I do it
          because it's the only social media site I use and enjoy, and I was
          hoping it would help keep it from shutting down. 60% workforce
          reduction is not great.
       
          IG_Semmelweiss wrote 1 day ago:
          i dont mean to kick a dead horse, but a "few remaining engineers" for
          what is effectively an outdated clone of a microblogging site, a few
          engineers, seems like a lot still
       
            nightpool wrote 1 day ago:
            what microblogging site do you think Tumblr is a clone of? and
            outdated compared to what, exactly?
       
        bionhoward wrote 1 day ago:
        HR wranglers? Damn, that’s simultaneously hilarious and terrifying
       
        rob wrote 1 day ago:
        "Either I'm an idiot, or something is going on that you don't
        understand. Let's check back in a month. :)" [1] ...1 month later...
        
   URI  [1]: https://www.reddit.com/r/Wordpress/comments/1glejno/comment/lv...
   URI  [2]: https://www.courtlistener.com/docket/69221176/64/wpengine-inc-...
       
        gregoryl wrote 1 day ago:
        Huh.
        
        >> There are no layoffs plans at Automattic, in fact we're hiring
        fairly aggressively and have done a number of acquisitions since this
        whole thing started, and have several more in the pipeline.
        
   URI  [1]: https://old.reddit.com/r/Wordpress/comments/1hxnh73/automattic...
       
          lolinder wrote 22 hours 10 min ago:
          That was important posturing to make sure that everyone knew that his
          nuclear war on WP Engine was absolutely not going to impact his
          ability to run the business and the WordPress project. Whether it was
          true or not it didn't matter at the time, the important thing was to
          keep up appearances and not let anyone on Reddit think they knew
          better than Matt.
       
          snitty wrote 1 day ago:
          It's not uncommon for companies to be in a hiring mode until they're
          very much not in a hiring mode any more.
       
            itishappy wrote 16 hours 46 min ago:
            Not uncommon at all, but perhaps a symptom of poor leadership.
       
            nostrademons wrote 1 day ago:
            Yeah.  I was made a manager in Feb 2022 with 5 directs and 9
            headcount to fill.  Hired 5, and then by June 2022 all remaining
            headcount was cut.  In January 2023 we had our first-ever layoffs
            in the company's 25-year history.
       
              IG_Semmelweiss wrote 1 day ago:
              It is so hard to fathom that a leader trusted with millions of
              dollars of other people's money can be so disengaged from
              recruiting as to not see a hard wall of cash crunch, months if
              not years ahead.
              
              You can't assume fundraising will always go swimmingly. You have
              to always be in survival mode, and if that means not hiring
              aggressively, then you put on the breaks until the money comes in
              .
              
              Either as a leader you are clueless about your business cash
              needs, you are clueless about risk management, or you are
              clueless about the market, all of which make you not a suitable
              leader for a long-term company.
       
                _DeadFred_ wrote 17 hours 31 min ago:
                “It is difficult to get a man to understand something when
                his salary depends upon his not understanding it.”
                
                If you are the CEO saying 'we are planning for bad things in
                the future' while every other CEO is saying 'the arrow only
                goes up' guess which company the stock market punishes and who
                gets removed by the board versus who's options become worth
                more?
       
                mathattack wrote 20 hours 36 min ago:
                I’ve seen many companies have this problem.  They base hiring
                against planned revenue instead of current revenue.  In a sense
                you have to - if you’re planning on growing 100% for several
                years on the back of new products and a big sales team you must
                hire in advance.  It’s what the VC model is founded on.  The
                downside is when you miss the revenue, you have to cut deep. 
                And it’s usually worse because your hiring standards dropped
                in hyper growth.
       
                nostrademons wrote 1 day ago:
                The issue was interest rates.  Money was free in Feb 2022; the
                interest rate was literally 0%, and so any cash-generating
                investment at all is profitable.  Fed started raising rates in
                Apr 2022, at which point leaders started freaking out because
                they know what higher rates mean, and by Jun 2022 the Fed was
                raising them in 0.75% increments, which was unheard of in
                modern economics.  By Jan 2023 the rate was 4.5%, which meant
                that every investment that generates an internal rate of return
                between 0% and 4.5% is unprofitable.  That is the vast majority
                of investment in today's economy.  (We also haven't yet seen
                this hit fully - a large number of stocks have earnings yields
                that are lower than what you can get on a savings account,
                which implies that holding these stocks over cash is
                unprofitable unless you expect their earnings to grow faster
                than the interest rate drops, which doesn't seem all that
                likely in today's environment.) [1] Now, you'd have a point if
                you complained about how centralization of government and
                economic power with the President and Fed chair, respectively,
                is a problem.  That is the root cause that allows the economy
                to change faster than any leader can adapt.  There used to be a
                time when people would complain about centralization of
                executive power on HN, but for some reason that moment seems to
                have passed.
                
   URI          [1]: https://fred.stlouisfed.org/series/FEDFUNDS
       
                  nilamo wrote 1 day ago:
                  Why does the interest rate matter? Unless you have no cash on
                  hand and are operating soley off debt??
       
                    halfcat wrote 21 hours 51 min ago:
                    > Unless you have no cash on hand and are operating soley
                    off debt??
                    
                    Bingo
       
                      nostrademons wrote 18 hours 33 min ago:
                      My employer actually has roughly $100B of cash on hand.
                      
                      The issue is that they're a publicly-traded company, with
                      a fiduciary responsibility to shareholders.  If they're
                      investing in an internal product that will make back 1%
                      of the money invested in it over the next couple years,
                      but they could have been investing in Treasury Bills that
                      make back 4.5%, they are committing financial malpractice
                      and will be sued accordingly.
       
                        nilamo wrote 2 hours 31 min ago:
                        If that were true, Research and Development couldn't
                        exist.
       
                        maeil wrote 6 hours 37 min ago:
                        I'd have hoped someone at Google would know this is a
                        myth.
                        
                        The idea that choosing a 1% strategic internal
                        investment over a 4.5% T-bill constitutes actionable
                        "financial malpractice" or a breach of fiduciary duty
                        leading to successful lawsuits is incorrect. Courts
                        recognize that running a business requires strategic
                        choices and risk-taking, not just maximizing immediate,
                        risk-free yield. A lawsuit would fail unless plaintiffs
                        could show the decision was tainted by disloyalty, bad
                        faith, or gross negligence in the decision-making
                        process, none of which are implied by simply choosing a
                        lower-yield strategic project.
                        
                        Hence why no one ever gets sued for this. It doesn't
                        happen. It lives in the minds of HNers and Redditors to
                        provide a very convenient excuse for their employers,
                        or in general companies, making abhorrent decisions
                        purely based on feels and short-term next-quarter
                        profits/stock price, regardless of the negative
                        externalities they inflict on soeciety.
       
                    PeterFBell wrote 1 day ago:
                    If you're venture based and were expecting another round
                    sometime soon. With higher interest rates there were more
                    compelling alternatives for LPs than to invest in Venture,
                    causing a trickle down chilling of the fund raising
                    environment for venture backed companies and requiring them
                    to come up with accelerated plans to reach profitability -
                    including cutting staff and optimizing for survival over
                    growth.
       
                  foolswisdom wrote 1 day ago:
                  > Fed started raising rates in Apr 2022, at which point
                  leaders started freaking out because they know what higher
                  rates mean, and by Jun 2022 the Fed was raising them in 0.75%
                  increments, which was unheard of in modern economics.
                  
                  You're basically making the case that it happened fast, and
                  went up high, but everyone who paid attention to interest
                  rates understood it was only a matter of time till it had to
                  at least revert back to pre-covid rates (whether you think
                  that's 1.5 or 2.3 or something, depending on how you
                  measure), and that obviously there would need to be real
                  layoffs after.
                  
                  The excuse is really saying "it turned out more extreme than
                  we thought", but was the behavior take responsible assuming
                  non-extreme rate changes?
       
                  saghm wrote 1 day ago:
                  > The issue was interest rates. Money was free in Feb 2022;
                  the interest rate was literally 0%, and so any
                  cash-generating investment at all is profitable. Fed started
                  raising rates in Apr 2022, at which point leaders started
                  freaking out because they know what higher rates mean, and by
                  Jun 2022 the Fed was raising them in 0.75% increments, which
                  was unheard of in modern economics. By Jan 2023 the rate was
                  4.5%, which meant that every investment that generates an
                  internal rate of return between 0% and 4.5% is unprofitable.
                  
                  "Unheard of in modern economics" is carrying quite a lot of
                  weight there. The last time the rates were increased by 0.75%
                  was 1994, and while that's not recent, it's pretty silly to
                  imply that CEOs should be making long-term investments
                  assuming that it would be literally unprecedented for that to
                  happen. Interest rates have changed only a few dozen times
                  _at all_ since then, so yes, they haven't been increased by
                  that much recently, but there's never going to be enough of a
                  sample size over a period of a couple decades that it would
                  be reasonable to assume a precedent that will never be
                  broken.
                  
                  The crux of your argument seems to be that because the
                  interest rates happen to be set a certain way at a certain
                  time, it would be irrational not to make decisions based on
                  how profitable they'd be at that exact moment in time. The
                  problem with this line of thinking is that plenty of
                  investments are only realized over long enough period of time
                  that by your own admission, people can't possibly react fast
                  enough to avoid those turning into a loss. My question is,
                  why put yourself in a position where you can't adapt fast
                  enough in the first place? The way interest rates are set
                  should not be news to the people making these decisions in
                  companies, so it's not crazy to expect that maybe the people
                  who are betting their company's success on something from
                  less than three decades before being "unprecedented in modern
                  economics" could think at least _a little_ longer term than
                  "literally anything is profitable in this exact moment, so
                  there's no need to think about what might come next".
       
                    nostrademons wrote 18 hours 27 min ago:
                    Because they are publicly traded and subject to lots and
                    lots of checks on corporate governance.  The CEO actually
                    didn't want to lay people off (and did a shit-poor job of
                    it when he did).  He was getting pressure from the board,
                    who in turn was getting pressure from a lot of activist
                    hedge funds.
                    
                    Small-fry who operate secretly are able to take the long
                    view and enrich themselves off the masses' stupidity.  CEOs
                    of a multi-trillion-$ company that is ~10% of the
                    retirement portfolio of every American are not.  At that
                    level you have to go with the market consensus, because you
                    will be ousted and deemed not a fit steward of the
                    enterprise that you are entrusted with otherwise.
       
                      saghm wrote 15 hours 42 min ago:
                      > Small-fry who operate secretly are able to take the
                      long view and enrich themselves off the masses'
                      stupidity. CEOs of a multi-trillion-$ company that is
                      ~10% of the retirement portfolio of every American are
                      not.
                      
                      From my math, you're off by several orders of magnitude,
                      unless somehow we're not talking about Automattic
                      anymore.
       
                        telotortium wrote 10 hours 6 min ago:
                        He's a Googler, he's talking about Google.
       
          pityJuke wrote 1 day ago:
          How infuriating for anyone recently hired caught in this trap.
          
          It seems to me the obvious, from both a business & human perspective,
          is to stop hiring at first signs of trouble, before layoffs. To do so
          otherwise is cruel.
          
          I doubt Matt had zero idea about this possibility two months ago.
       
            regularfry wrote 19 hours 49 min ago:
            The median position is to be hiring, just to backfill attrition. 
            "Trouble" might be temporary; it might be noise.  Hiring is always
            slow, with cycles longer than "trouble" might last.
            
            We might argue about the parameters in this situation, but
            structurally there's a bias towards the low-pass average.
       
            hinkley wrote 1 day ago:
            The exuberance and self-assuredness that your plans are going to
            work out leads to overreach and I think the lag in accounting
            practices helps make that more acute.
            
            I have had too many experiences where I thought my current employer
            was about to start circling the drain, and I've ended up some place
            that was circling faster. At a guess I'm about 50:50, which I
            suppose I should count as 'lucky' but has never felt that way.
            
            Fish-tailing is a common flame-out mode for startups. VCs are
            partly to blame. They don't like to discourage you in case you come
            up with a miracle, but neither do they want to put good money and
            time after bad if it turns out you're going to be a break-even play
            or a loss.
       
            IG_Semmelweiss wrote 1 day ago:
            Its not even cruel. Its just dumb. Really dumb.
            
            You are going to invest significant resources into hiring,
            onboarding, and injecting new staff into workflows for people that
            will not be there as soon as they are actually productive.
            
            So its not just the cash burn - its the tieup of 3x team members to
            getting new people trained to become effective and successful
            contributor. Time is finite.
            
            It makes no sense to throw away all that time spent by your team,
            who could have use that same time to get a few more features out,
            proposals sent , or projects spec'd instead.
       
            paulcole wrote 1 day ago:
            If you believe you need more people to get out of trouble isn’t
            it cruel to not follow through?
       
            nostrademons wrote 1 day ago:
            The business world changes direction faster than companies can
            adapt.    That was my biggest lesson as an entrepreneur:
            entrepreneurs don't really pivot into product-market fit, the
            market pivots into them.  The reason capitalism works is because
            there's this huge sea of dream-chasers out there, most of whom will
            go bankrupt, so that when the market's needs change there is
            somebody out there to service them, and everybody who's not
            effectively servicing them goes to hell and gets another job.
            
            Corporations and management basically exist to buffer this
            uncertainty.  Employment is actually a really bad deal in good
            economic times; owners reap almost all the windfall of having a
            successful product.  But in bad times, the company keeps paying you
            even if they're losing money, at least up until they don't.  You
            get a raw deal, but not as raw a deal as the people paying you.
            
            Likewise with strategic direction.  The market's needs change
            faster than senior executives can adapt: if they always produced
            what the market was actually clamoring for, the company would run
            around like a chicken with its head cut off (this actually happens
            when the CEO panics, and a key CEO skill, and part of the reason
            they're paid so much, is the ability to ignore every piece of
            market data saying "You're not hot anymore.  Nobody wants you, and
            the market has moved on" and keep doing what you're doing even
            though your intuition is telling you that you're doomed and going
            to lose your cushy $20M/year job).  Much of the job of middle
            management is to buffer senior management's freakouts and tell the
            ICs "Keep calm and carry on; let's see if he still cares about this
            new hotness next week."
       
              no_wizard wrote 19 hours 59 min ago:
              >The market's needs change faster than senior executives can
              adapt: if they always produced what the market was actually
              clamoring for, the company would run around like a chicken with
              its head cut off (this actually happens when the CEO panics, and
              a key CEO skill, and part of the reason they're paid so much, is
              the ability to ignore every piece of market data saying "You're
              not hot anymore. Nobody wants you, and the market has moved on"
              and keep doing what you're doing even though your intuition is
              telling you that you're doomed and going to lose your cushy
              $20M/year job)
              
              You know what I absolutely hate about this take? It ignores my
              shared experience I've had with others (IE, its not just me).
              I've worked in this industry a long time. So I've inevitably
              worked for places that ran into financial trouble. In multiple of
              those cases, it could have been prevented if upper management
              actually listened to what those of us developing the product had
              to say about shifting customer behaviors and expectations, that
              what we were seeing was different from what they were trying to
              sell and have us develop. It always ended in disaster.
              
              They refused to listen, but never paid the price for that
              failure, my colleagues did and in one instance, I was on the
              receiving end of a layoff along with others as well.
       
                nostrademons wrote 18 hours 17 min ago:
                It's kinda their job to not listen.  CEOs get bombarded with
                thousands of pieces of information each week.  If they shifted
                the company direction each time, the company would get nothing
                wrong.    In the immortal words of Ribbonfarm, "CEOs don't
                steer": [1] A good CEO will let in just the little bit of
                information that saves the company - this was Andy Grove's
                pivot to focus on microprocessors over memory chips, or Steve
                Jobs's turnaround of Apple.  You didn't have a good CEO, and
                got your average mediocre CEO that sets a strategic direction
                and sticks with it regardless of what the market says.
                
                I'm curious though, if you knew your employer was going under,
                why not jump ship to the competitor that actually did
                understand what customers wanted?  Employees are economic
                agents too, and oftentimes competitors are more than happy to
                hire out of their competition.
                
   URI          [1]: https://www.ribbonfarm.com/2017/11/09/ceos-dont-steer/
       
                  no_wizard wrote 16 hours 53 min ago:
                  >A good CEO will let in just the little bit of information
                  that saves the company - this was Andy Grove's pivot to focus
                  on microprocessors over memory chips, or Steve Jobs's
                  turnaround of Apple. You didn't have a good CEO, and got your
                  average mediocre CEO that sets a strategic direction and
                  sticks with it regardless of what the market says.
                  
                  Still too simplistic. Yeah, they need to filter information
                  and say no to things constantly, I get that is a core skill.
                  If something is repeatedly being brought up by members of
                  your core teams, you should at least look at what they're
                  saying and ask where they are coming from. That is simply
                  good sense. There is a persistence factor in involved in each
                  of these cases that are the source of the frustration.
                  
                  If what constitutes a good CEO is allowing in the 'little bit
                  of information that can save the company' (really thats a
                  call about identifying useful information before anyone
                  else), objectively most companies have terrible CEOs, and I
                  question the value of the position entirely on that basis,
                  especially at larger public companies.
                  
                  FWIW, at each of these companies I worked at, the headcount
                  was at most in the hundreds. I was only 2 clicks below the
                  executives in the company tree, there wasn't a lot of barrier
                  to interaction there, which is what I find even more baffling
                  about the whole thing.
                  
                  >I'm curious though, if you knew your employer was going
                  under, why not jump ship to the competitor that actually did
                  understand what customers wanted?
                  
                  I did this twice. In the one instance I wasn't able to get
                  moving faster than things were going down hill. Partially,
                  this is a symptom of just how long interview cycles have
                  become over the years. Took me longer than expected, but
                  moreover, the company conducted the layoff faster than I
                  really thought they would. I got the timing wrong by a little
                  bit, it happens.
                  
                  Its not like you identify an issue one time either, its the
                  repeated ignoring of  what happens despite repeated sustained
                  efforts to raise the awareness where it needs to be.
       
              hinkley wrote 1 day ago:
              I've worked at a couple consultancies who played themselves by
              investing too heavily in one or two customers.
              
              Once a single customer is 1/3 of your revenue they can start
              extracting considerations from you that may not be what your
              employees thought they signed up for. It's a good way to end up
              being a body shop. I don't have a philosophical problem with body
              shops per se, it's just that I don't want to work for one, so I
              pick places that should know better, but sometimes don't.
              
              It can also be problematic if 2 customers account for 45% of your
              revenue and they both get the same idea, which can happen
              particularly when the market shifts. You have no way to call
              their bluff and move enough people to other projects to make it
              stick.
       
              KennyBlanken wrote 1 day ago:
              That's a lot of words from someone who doesn't know what's been
              going on for ~6 months or so that is relevant.
              
              Mullenweg lost his mind and attacked a competitor to Wordpress
              hosting (WP Engine) and kept doubling down and only served to
              demonstrate how much of an unhinged asshole he was.
              
              Along the way he pissed off the Wordpress community - the worry
              was that if anyone else pissed him off (which could include he'd
              accuse them of using the Wordpress name or even "WP", even if it
              was descriptive (which is entirely permitted use of a trademarked
              name) and run up a bunch of legal expenses for them.
              
              Angry-at-the-world blog post after blog post doubling down over
              and over. Taunting people as he banned them from the Wordpress
              slack, that sort of stuff. Then he blocked WP Engine from
              accessing the Wordpress.org plugin and theme registries which
              meant a huge number of sites couldn't update plugins or themes.
              
              Then he announced Automattic was going to cut back engineering
              hours to (if I remember right) one full time staffer. One person
              to keep up with security updates and bugfixes of a very
              complicated piece of software used by a lot of organization.
              
              Incredibly childish and thoroughly demonstrated to the world that
              he was unsuited for leading a company and being the sole person
              almost completely in charge of a piece of software used by a
              20-30% of the websites in the world.
              
              This was absolutely foreseeable, especially when he cut back
              Automattic's engineering to 40hr/week.
              
              I advised a client a few weeks into the drama to at least keep in
              the back of their minds that they might have to migrate at some
              point as "the CEO of the company is off his rocker, they probably
              will start to struggle with security updates, and the company may
              go out of business."
       
            paradox460 wrote 1 day ago:
            This will continue until there are actual consequences for those
            responsible.
            
            I'm of the mindset that any time a company does layoffs, they
            should start from the top And work down.
       
              tasuki wrote 20 hours 32 min ago:
              > I'm of the mindset that any time a company does layoffs, they
              should start from the top And work down.
              
              I'm off the mindset that employment should be voluntary: both by
              the employer and the employee. It makes employers reluctant to
              hire if they know they can't get rid of people again.
              
              (I'm a socialist at heart and think it'd be pretty nice for the
              government to take care of people who lost their jobs. Just tax
              the companies a little more!)
       
              alvah wrote 1 day ago:
              >I'm of the mindset that any time a company does layoffs, they
              should start from the top And work down.
              
              Oh, to be young and idealistic again! So in your world, the
              people running the business should fire themselves first?
       
                alxjrvs wrote 21 hours 5 min ago:
                Imagine the organization you are imagining in your head.
                
                Now imagine there is a Super-boss, who is exactly like the
                "people running the business" (attribution needed), but one
                level above them.
                
                If the Super Boss were to look at the situation, I think it'd
                be pretty obvious that the issue would be "The people
                organizing the company at the highest level" who are
                responsible for the failures of the company. That may involve
                over-hiring, which is itself a bad practice that causes
                unnecessary pain and (personal, financial) suffering, and would
                be a good cause to fire them for almost crashing my beautiful
                super-company that I, the Super-boss, super-founded.
                
                You're saying that if we return the Super-boss to the realm of
                the fictional, then suddenly it isn't the C-suite's fault
                anymore?
                
                If we're discussing should, then yeah, their heads should be
                the first to roll. I agree its idealistic to imagine them
                having the sort of decency this requires, but I agree it should
                be the case!
       
                copypasterepeat wrote 21 hours 18 min ago:
                An honest question: why is this being downvoted? I thought that
                downvoting is meant to be used when someone is trolling or
                bringing the level of discussion down, not when you simply
                disagree with someone's point. I mean sure, it's stated a bit
                sarcastically, but my gosh if we're going to downvote every
                sarcastic comment, that would include a good portion of HN
                comments.
       
                  itishappy wrote 16 hours 25 min ago:
                  My read is that the parent is immature and needs to be
                  reminded that "starting at the top" means the people in
                  charge. What does it add to the discussion?
       
                  alvah wrote 20 hours 21 min ago:
                  I probably failed to account for the differing backgrounds of
                  HN commenters & the resulting overly-literal interpretation
                  of sarcasm, to be fair to the downvoters. Of course the
                  owners & managers should take responsibility for poor
                  corporate performance.
       
                InsideOutSanta wrote 1 day ago:
                If they have to fire people, they're running it poorly, so yes?
       
                  alvah wrote 22 hours 51 min ago:
                  If you've spent any time in business at all, you know it's
                  always the tea lady who gets fired first and the managers
                  last. Many commenters here seem to live in some kind of
                  fantasy world.
       
                    InsideOutSanta wrote 20 hours 58 min ago:
                    >the people running the business should fire themselves
                    first?
                    
                    You were questioning whether they should, not whether they
                    will. That's what people are responding to. They understand
                    perfectly well who will get fired first.
       
                      alvah wrote 20 hours 23 min ago:
                      I was questioning the idealism actually. There’s not
                      much to be achieved by wishing the world was a certain
                      way, it’s generally more useful to deal with the world
                      as it is.
       
                        InsideOutSanta wrote 19 hours 0 min ago:
                        What idealism? The person you responded to said they
                        didn't expect things to change unless there were real
                        consequences. Not expecting things to change is the
                        opposite of idealism.
                        
                        But even if they were idealistic, arguing with people
                        for wishing the world was better is a genuinely odd
                        thing. If you followed your beliefs, wouldn't you
                        understand that telling people not to wish for things
                        is pointless? If you actually dealt with the world as
                        it is, you would not argue with people on the Internet
                        because changing somebody's mind, particularly in the
                        way you are attempting to do it, is just as much
                        wishful thinking as hoping that CEOs will fire
                        themselves.
       
                          alvah wrote 10 hours 35 min ago:
                          "I'm of the mindset that any time a company does
                          layoffs, they should start from the top And work
                          down"
                          
                          That idealism.
       
                            InsideOutSanta wrote 3 hours 9 min ago:
                            It's stating a preference. Having a preference is
                            not idealism because idealism requires some amount
                            of belief that the preference can be achieved.
                            
                            "I believe I will be a millionaire by age 30" is
                            idealism.
                            
                            "I won't be a millionaire by age 30 unless I rob a
                            bank, but I should" is not idealism; it's just a
                            factual statement about one's preference for
                            wealth.
                            
                            And, again, why are you arguing with me at all? If
                            you followed your advice, you'd understand that it
                            is pure idealism to expect me to change my mind. As
                            somebody once said, "There’s not much to be
                            achieved by wishing the world was a certain way;
                            it’s generally more useful to deal with the world
                            as it is."
                            
                            It's odd to scold people for stating their
                            preferences, and it's even odder to scold them for
                            something you seem to be doing yourself. If you
                            actually believed in the things you advocate for,
                            you would not be in this thread.
       
                        no_wizard wrote 20 hours 7 min ago:
                        If we don't talk about what we feel is ideal, we can
                        never strive to achieve it.
                        
                        Its really important to discuss idealism for that
                        reason alone
       
                          alvah wrote 19 hours 55 min ago:
                          Good luck with changing human nature, i.e. persuading
                          managers to voluntarily act against their own
                          self-interest. That’s just not how people work.
                          
                          What you say is true in some cases, but not in all
                          cases.
       
                            no_wizard wrote 19 hours 10 min ago:
                            Can't even try if we don't talk about it. The issue
                            with line of 'clear thinking' is it leaves no room
                            for change.
                            
                            If enough people take talk into action, we could
                            reasonably see a change in behavior. It may come
                            from sources than we don't expect, but it can
                            happen all the same and we only have a chance at
                            getting there if we are wiling to talk about what
                            is ideal and raising that awareness. Its an
                            important piece of that puzzle
       
                icehawk wrote 1 day ago:
                If they're running the business, and it's at a point where it
                needs layoffs; sounds like they're not doing their job
                properly, and should be replaced with people who can-- like
                every other position in the business.
                
                Not that they will-- too much self-interest.
       
                ted_dunning wrote 1 day ago:
                It's been done.
                
                Bob Mercer and Peter Brown laid themselves off from IBM when
                they were told to execute 10% across the board layoffs. They
                had argued their team was one of the highest performing teams
                in the company but were told that they had their quota. 10% of
                their team was 2 so they took the hit.
                
                From there, they went on to run Renaissance.
                
                IBM should have kept them.
       
                mathgeek wrote 1 day ago:
                > So in your world, the people running the business should fire
                themselves first?
                
                If they are needed to continue leading, they should consider
                cutting their own salary until the problems are fixed. Let them
                take their entire compensation in just their equity for a time.
                
                However we all know this won’t be the norm, and that’s OK.
                Not great, just OK.
       
                  hinkley wrote 1 day ago:
                  I do know of one guy who took a pay cut because unless he
                  hamstrung his own team badly he was looking at needing to lay
                  off about 2.3 people and so he cut his own salary to make it
                  2 instead of 3.
                  
                  That's one story surrounded by a hell of a lot of shitheel
                  stories.
       
                  ted_dunning wrote 1 day ago:
                  Been there and done that. One startup I was at instituted a
                  50% pay cut for senior execs, 25% for the level below that
                  and no cut below that. The CEO took a 100% pay cut.
                  
                  This let us get through a short rough patch without layoffs.
       
                    leosarev wrote 1 day ago:
                    I worked at middle-sized company that instituted a pay
                    cuts, cutting all bonuses and stopping raises.
                    After year, company lost almost every person in tech
                    managenent and most of team leaders, their clients actively
                    executing forking rights and no one believes in company
                    future now.
                    
                    I once heard wise words from some CEO. In harsh times,
                    clients do not want cheaper and worse services from us.
                    They want less services. So we are moving out headcount
                    down, while keeping pay and even execute raises for those
                    who stay.
       
                      pdimitar wrote 20 hours 27 min ago:
                      Can you explain why this is wise? I'd say most execs
                      leaving is usually a net positive. You are framing it as
                      a tragedy and I am just not seeing it.
                      
                      From where I am standing, leeches that are only there for
                      fat bonuses left. Where's the loss?
                      
                      And the measure you described also doesn't follow. Bad
                      times always end and then you have a worse product. Will
                      the execs pick up the new tech work?
       
                  dboreham wrote 1 day ago:
                  Jim Barksdale enters the room.
       
                dijksterhuis wrote 1 day ago:
                not the parent, but accountability is supposed to be assumed up
                the org chart while responsibility is delegated down.
                
                so, yeah. the people ultimately accountable for fucking shit up
                should probably be held accountable first and foremost.
                
                (this is why CEOs often resign in the wake of a scandal)
       
            toomuchtodo wrote 1 day ago:
            Those lacking empathy don’t know how to not be cruel. They keep
            filtering to the top unfortunately. Something that remains to be
            solved for.
       
              noisy_boy wrote 1 day ago:
              There is nothing to solve - you are in the game of capitalism
              (the American Edition) and the job is to maximise shareholder
              value. They are paid big bucks because they only work for that
              without empathy/cruelty or such emotions. The only way to solve
              is to change the game but that's next to impossible because most
              powerful players like it that way and will turn on anyone trying
              to change their fattening ways.
              
              The best part is that the pawns keep getting sacrificed and do
              nothing to change it; not only that, they refuse to support
              anyone trying to change the game to make their lives better. It's
              amazing.
       
        melbourne_mat wrote 1 day ago:
        From an alternate universe:
        
        I apologize for my erratic behavior which has tarnished our brand and
        created unnecessary turmoil within our organization. Regrettably, we
        will need to implement a 16% reduction in headcount to address the
        financial challenges we now face. I have decided to step aside and hand
        over control to my deputy, who I believe will provide the steady
        leadership needed to rebuild trust and restore our company's vision.
       
          KennyBlanken wrote 1 day ago:
          He'll never admit he was wrong or step down. He'll drive Automattic
          into the ground and Wordpress along with it (until someone forks it,
          like say...WP Engine, heh. Or Redhat, or IBM, or some huge web design
          firm, etc.)
          
          He considers Wordpress "his" even though...he took it over from the
          original author who was abandoning the project.
          
          It reminds me of the rage-bender Jamie and Jim Thompson went on,
          attacking OPNsense for "stealing" their work and doing a lot of
          immature things taking over opnsense's domain, their subreddit, etc.
          via legal actions. And at least one lawsuit. They lost on every front
          - reddit gave the subreddit back to the opnsense developers, ICANN
          gave them back their domain name, etc.
          
          Attacking OPNsense for "stealing" pfSense was pretty rich given
          pfSense's origin; netgate slapped their logo on m0n0wall and started
          working on their fork. Which is exactly what opnsense did that
          enraged them...
          
          Especially as pfsense software started getting more user-hostile and
          shifting functionality into the paid versions, pfsense has rapidly
          become less and less popular. I almost never see anyone recommend it
          anymore.
       
            MOARDONGZPLZ wrote 23 hours 47 min ago:
            > He considers Wordpress "his" even though...he took it over from
            the original author who was abandoning the project.
            
            Non Wordpress user here, not a blogger, don’t use CMSs. Curious
            about this line. Reading the history on Wikipedia, the original b2
            was the precursor. It was pretty small and being abandoned. Matt
            proposed forking it in January 2003, and worked with Mike to bring
            the first version to fruition a few months later. 22 years later
            it’s a goliath.
            
            Given that history it seems totally fair for Matt to consider WP
            his thing. You don’t seem to think so, can you explain?
       
              Brian_K_White wrote 23 hours 24 min ago:
              That's all true and does not conflict. There is nothing to
              explain.
       
          solardev wrote 1 day ago:
          If only we had real leaders...
       
            joquarky wrote 1 day ago:
            We do, but the sociopaths outcompete them.
       
            facile3232 wrote 1 day ago:
            You can trust me, facile3232, instead. I will improve upon all
            things the leader of automattic.com failed to improve upon.
       
              animuchan wrote 1 day ago:
              This messaging is compelling. Are you also perchance against all
              bad things, and in favor of all good things?
       
                ike2792 wrote 15 hours 42 min ago:
                You can't just say "perchance."
       
              systemswizard wrote 1 day ago:
              You got this random internet stranger
       
        kstrauser wrote 1 day ago:
        > They also have our enduring gratitude for their time with the
        company.
        
        I hope the RIF'd employees can pay rent with that gratitude.
        
        If I were considering using Wordpress for anything, which I am not,
        this would end those plans. If they're laying off and keeping the CEO,
        they must be in dire financial straits. That message says "we're doing
        all the right things and have good leadership with a track record of
        making good decisions, but we have no alternative but to fire a sixth
        of our employees". That's not a good sign.
       
        Kye wrote 1 day ago:
        There's a parallel timeline where he admitted he messed up, stepped
        down, hired a real CEO, put someone else in charge of the nonprofit,
        and the downward slide he caused started to reverse.
       
        phendrenad2 wrote 1 day ago:
        I wonder if the CEO throwing a tantrum that another company was using
        "their" open-source (thus, not theirs) code wasn't the real problem,
        but it made investors take a closer look, and they noticed that
        Automattic has less of a moat then they thought.
       
        lenerdenator wrote 1 day ago:
        Given what I know of the situation (which admittedly isn't much),
        wouldn't the best course of action be to shitcan the CEO?
       
          dangrossman wrote 1 day ago:
          From Reddit discussions, if they can be trusted, there is nobody who
          can remove Matt from any position. It's a private company and the
          investors were given non-voting shares.
       
            rs186 wrote 1 day ago:
            I am confused  -- so if investors don't like the CEO, there is
            nothing they can do? Other than maybe taking their part of the
            money out?
       
              wavemode wrote 21 hours 6 min ago:
              Even "taking their part of the money out" is not guaranteed.
              Again, it's a privately traded company, so there's no open
              market. You have to find someone willing to buy your shares from
              you and make a deal with them.
       
            ValentineC wrote 1 day ago:
            > It's a private company and the investors were given non-voting
            shares.
            
            My understanding is that the investors signed proxy voting rights
            over to Matt. They are mostly ordinary shares, and may be
            revocable. [1]
            
   URI      [1]: https://ma.tt/2021/08/funding-buyback-hiring/
       
            mritchie712 wrote 1 day ago:
            he'd already be out if it was simple to force him out
       
              lenerdenator wrote 1 day ago:
              Let this be a lesson to anyone investing in a startup: don't give
              any cash unless there's real corporate governance.
       
                em-bee wrote 1 day ago:
                but the opposite is true too: don't take money from investors
                unless they let you keep control of your company. for every
                case like this there are probably a dozen cases where investors
                took control of a company and ruined it for the sake of making
                money.
       
                  pclmulqdq wrote 23 hours 33 min ago:
                  How did they "ruin" a company if that company made money?
       
                    diggan wrote 22 hours 34 min ago:
                    Not all humans are driven by the same motivations.
       
                      pclmulqdq wrote 21 hours 7 min ago:
                      Presumably if you as a founder are not driven by a desire
                      to make money and your investors are, you 100% should be
                      ousted. This is the principal-agent problem at work.
       
                        diggan wrote 20 hours 35 min ago:
                        > Presumably if you as a founder are not driven by a
                        desire to make money and your investors are, you 100%
                        should be ousted
                        
                        Presumably, the real world is a bit more nuanced than
                        that.
                        
                        There is no reason why you cannot run a company for
                        different motivations than "get as rich as possible"
                        while still accepting investments from people whose
                        sole motivation is "get as rich as possible". While
                        difficult, it is possible to align people even when
                        they have different motivations.
       
                          pclmulqdq wrote 11 hours 43 min ago:
                          What you are describing is exactly the
                          principal-agent problem, and it is a real problem at
                          startups when a founder is truly motivated by
                          something that the investors don't care about. You
                          can run a company with different motivations than
                          your investors, but only so long as you return the
                          goods they want. If they see you not returning the
                          goods and not caring about that fact, they will try
                          to replace you. They will try to do that a lot faster
                          if you demonstrate that you don't care about giving
                          them a return than if you show that you do care.
                          
                          Conversely, investors can be mission-driven or
                          otherwise aligned with you on something other than
                          "maximize my return," but those investors rarely give
                          you the best price.
       
                toomuchtodo wrote 1 day ago:
                Same with trading your time for stock options (that you hope
                are eventually negotiable shares); trust is earned in drops and
                lost in buckets.
       
                  SJC_Hacker wrote 1 day ago:
                  Dilution is a real problem.  If they want you to act like a
                  Founder, you should have protected equity like one.
       
          wmf wrote 1 day ago:
          With apologies to Louis XIV, Matt is Automattic.
       
            pjc50 wrote 1 day ago:
            L'etatt, c'est M'att.
       
              o11c wrote 1 day ago:
              For the unaware (or under-aware): [1] Probably apocryphal. A lot
              of people these days only know it from Star Wars.
              
   URI        [1]: https://en.wikipedia.org/wiki/L%27%C3%89tat,_c%27est_moi
       
                em-bee wrote 1 day ago:
                i am unaware of the star wars reference. can you explain that
                one please?
       
                  Philpax wrote 1 day ago:
                  "I am the Senate":
                  
   URI            [1]: https://www.reddit.com/r/StarWars/comments/bjj2ry/po...
       
            lenerdenator wrote 1 day ago:
            wait, did he put his name in the company name?
            
            if so, that's what we in the narcissist-identifying business call a
            "tell".
       
              Brian_K_White wrote 22 hours 56 min ago:
              Yes but this isn't really much of a crime or tell to me. The name
              is great as far as I'm concerned.
              
              And he's full of himself and completely wrong in this crusade he
              launched for some reason, completely indefensible acts left &
              right for over a year.
              
              Both true.
       
              yallpendantools wrote 1 day ago:
              It's easy to call that a "tell" in light of Matt Mullenweg's
              recent activities. No one was saying shit when Wordpress was the
              darling of Web 2.0.
              
              Justifiable evidence of Matt Mullenweg's unhealthy/excessive
              narcissism only surfaced within the past year or so (I'm fuzzy on
              the timeline, cut me some slack ya?). Automattic the company has
              been so named for, goodness, close to twenty years now.
              
              It could be Matt's been a narcissist from the start. But people
              also change and not always for the better so maybe he became a
              "narcissist" much later in life and his chosen company name just
              so conveniently fell into the narrative.
              
              There are CEOs in bigger spotlights with a bigger case for
              narcissism who don't put their names on any of their companies
              (emphasis on the plurality). One of them has a name with a
              similar inflection pattern to other well-known albeit fictional
              narcissist, Tony Stark.
              
              I don't know what "Automattic" as a company name says about Matt
              as a person. I'll tell you what it is though: a damn good pun,
              one I would gladly score myself given the chance.
       
                willvarfar wrote 1 day ago:
                Yeap, Automatic is not a good trade name but Automattic is
                great!
       
              apocalyptic0n3 wrote 1 day ago:
              Yes. He also calls the employees Automatticians. So they're all
              just Matt.
       
                zem wrote 1 day ago:
                guess their jobs were just automatted away!
       
              Jare wrote 1 day ago:
              Or it just sounded like a fun joke for a good company name... I
              mean you are not wrong, but pretty much any successful young
              entrepreneur must have some degree of excessive appreciation for
              themselves, and this one was already achieving that status at 19.
       
                groby_b wrote 1 day ago:
                Knowing a number of successful entrepreneurs, many having hit
                success early as well - most don't need to enshrine themselves
                in the company name. It is indeed a tell.
                
                If that wasn't enough of a tell, his behavior in the last few
                months spelled it out clearly, circled the relevant parts with
                a big fat red marker, and installed a blinking neon sign saying
                "narcissist".
       
                  em-bee wrote 1 day ago:
                  i don't think that is how a tell works. of course now we
                  know. hindsight and all that.
                  
                  to decide whether it is actually a tell, we need to look at
                  statistics of company names containing references to the
                  owners/founders and their behavior. and i don't think that
                  statistic bears out. naming your company after yourself is
                  the traditional thing to do. "automattic" is just on the more
                  clever side.
                  
                  the tradition is changing only because it is becoming more
                  and more popular to name your company after the product you
                  are selling. now, putting your name into the product name,
                  that maybe could be a tell. but even here there are
                  exceptions: debian for example.
       
              duskwuff wrote 1 day ago:
              > wait, did he put his name in the company name?
              
              Yes.
       
        chris_wot wrote 1 day ago:
        This might not have happened if Mullenweg hadn’t sued his competitor,
        then went off the deep end and hurt everyone.
       
          DannyBee wrote 1 day ago:
          I think this is a bit unfair.
          
          Who among us can really say they haven't gone off the deep end,
          burned every drop of good will that ever existed towards them and
          their projects, sued a competitor and got hilariously burned by the
          judge, all while burning hundreds of millions of your companies value
          (blackrock marked them down 10%, which is 750 million)
          
          This is just a normal thing that happens.  It could have happened to
          anyone.
       
          ceejayoz wrote 1 day ago:
          It may also have been part of his reason for doing so.
          Panic/desperation.
       
          1shooner wrote 1 day ago:
          Another interpretation would be a common cause for both this and the
          litigation, i.e. pressure to improve financials.
       
            chris_wot wrote 1 day ago:
            That's an unbelievably terrible course of action. If you have
            financial issues, don't try to get out of it by litigation. Only
            litigate if you absolutely have to, and you have been wronged.
            Don't do it because you are trying to improve your bottom line.
       
              1shooner wrote 21 hours 6 min ago:
              Yes, i think that's the consensus. But it didn't start with
              litigation, it started with a 'creative' approach to generating
              new licensing revenue.
       
                chris_wot wrote 7 hours 21 min ago:
                A creative shakedown.
       
        FlamingMoe wrote 1 day ago:
        Mentioning "our revenue continues to grow" seems quite out of place in
        an announcement like this.
       
          anon7000 wrote 1 day ago:
          I think it's just saving face. That statement could be true if
          revenue was growing at 1% or 10% or whatever.
       
          altairprime wrote 1 day ago:
          If opex is growing at a faster rate than revenue, and it’s not a VC
          situation, then layoffs are a popular way to curtail opex —
          typically business leadership cannot effect changes that would
          eventually impact themselves, so, the board and executive layer
          prefer to mass-layoff workers and middle management first and then
          let the remaining leadership fight for their life to present
          optimized plans. This is of course a terrible approach, because —
          as Taskmaster quite enjoyably demonstrates — even the smartest
          people tend to make a lot of asinine judgment calls under duress and
          deadlines; but when the alternative is to admit weaknesses of
          leadership, it’s certainly a logical enough course of action.
       
          Arainach wrote 1 day ago:
          I disagree - it's not properly addressed, but it's nice to see it at
          least brought up.
          
          Layoffs are always awful, but seeing companies talk about "changing
          economic realities" amongst continuing revenue and profit growth -
          often all time highs - is a real morale killer for those who are left
          behind.
          
          Microsoft/Amazon/Alphabet/Google are trillion dollar megacorps who
          are insanely profitable, but they're firing people because they no
          longer have to pretend we care about you at all and will instead try
          to cater to Wall Street (who will never be happy - if I had $10000
          for every quarter where a big tech corp "beat expectations" and the
          stock dropped anyway I'd retire).  It's a hard pill to swallow and
          will increase bitterness and cynicism in the remaining workforce and
          kill any chance of your employees caring about your vision or putting
          in any extra effort.
       
            lolinder wrote 22 hours 1 min ago:
            In this case, the "our revenue continues to grow" is not
            transparency, it's deliberately obfuscating the increase in
            expenses that led to layoffs being necessary. Not mentioned is the
            insanely expensive legal battle that they launched with WP Engine,
            which is already a massive drain on resources and a huge financial
            risk given how strong WP Engine's case is.
            
            "Our revenue continues to grow" doesn't matter if unnecessary
            expenses outstrip it.
       
            ChadNauseam wrote 1 day ago:
            > they no longer have to pretend we care about you at all and will
            instead try to cater to Wall Street
            
            The company isn't "catering" to wall street, wall street is their
            boss. The owners of the company vote on what they want the company
            to do, and hire the person in charge of the company. And besides,
            do you care about your company? If you got a job offer to make
            twice your salary doing something you'd enjoy more than what you do
            now, would you stay with your current company out of care for them?
            Maybe you would, but I know of almost no one who feels that way
            towards their employer, outside of those working for small tech
            startups with their friends.
            
            For almost everyone I know, their mindset is that they're going to
            do the best job they can right up until something better comes
            along, at which point they'll switch to something better. And I
            fully expect that if my best work is no longer worth more to them
            than my salary, they'll lay me off. In the meantime, they're paying
            me a ridiculous amount of money to do a job I enjoy. It's a deal
            that 99% of the world is envious of, and I don't think it should
            inspire bitterness and cynicism
       
              fn-mote wrote 1 day ago:
              > they're paying me a ridiculous amount of money to do a job I
              enjoy
              
              > It's a deal that 99% of the world is envious of, and I don't
              think it should inspire bitterness and cynicism
              
              First of all, I think it takes a lot of guts to continue to have
              this attitude in the current economic climate. Or, in your case,
              immense skill, but not everybody - not even everybody in the big
              tech companies - has that.
              
              I think the bitterness and cynicism stems from not enjoying the
              work. As crazy as this sounds - it's the intangibles as much as
              the cash: for example, knowing the company will fight your
              efforts to improve things.
       
            scarface_74 wrote 1 day ago:
            When was anyone naive enough to think their company cared about
            them?
            
            On the other hand, why should a company keep people around that
            they don’t need?
            
            And the last point, speaking more about Microsoft/Amazon/Google, if
            you have worked for either company for any length of time, there is
            no excuse for you not to have a nice nest egg to tide you over
            especially considering the severance amounts they give you.
            
            You might be forced to sully yourself and become an “enterprise
            developer” and make around what most of the 2.8 million
            developers in the US.
            
            And yes, I did a bid at Amazon and within three years, I paid off
            some debt,  saved a chunk of change, got my 3.5 months severance
            package and found another job quickly that was my target
            compensation (not enterprise dev).
       
            fwip wrote 1 day ago:
            I might agree with you, if the "why we're making changes" section
            had listed even one reason to lay people off.
       
              dylan604 wrote 1 day ago:
              Our revenue continues to grow, and will be even more profitable
              as we lay off 16% of the employees.
              
              The tone being set is not a good one to be sure.
       
                onli wrote 23 hours 17 min ago:
                Are they being profitable? Didn't automattic take venture
                capital somewhat recently, suggesting that's not the case?
       
        anthomtb wrote 1 day ago:
        > This restructuring will result in an approximately 16% workforce
        reduction
        
        Probably the most salient detail for non-Automattic employees.
        Everything else was generic fluff.
       
          jihadjihad wrote 1 day ago:
          > non-Automattic employees
          
          non-Automatticians. Yes, they literally used this term in TFA.
       
            munificent wrote 1 day ago:
            I know this really bugs some people but every tech company these
            days has a demonym for its employees.
            
            It doesn't mean that employees have some cultlike adoration for the
            company. It's just very convenient inside the company to have a
            single short word to refer to all employees of the business.
       
              dylan604 wrote 1 day ago:
              > It doesn't mean that employees have some cultlike adoration for
              the company
              
              No, but it does mean that the company wishes that employees had
              some cult like adoration. The line between proud of the company
              one works for and being cult like is not rigid, and moves
              depending on the company
       
                squiggleblaz wrote 9 hours 42 min ago:
                I've never taken it as wish that employees have some cult like
                adoration, but as a team building exercise. I don't like it,
                it's cringe, but it's nothing worse than a bit of meaningless
                cringe. I have heard the theory of the fine line between a CEO
                and a cult leader, but I've never worked at a company that came
                anywhere near that fine line. Every CEO I've worked with has
                known that we're there due to a mutually beneficial agreement.
       
              ithkuil wrote 1 day ago:
              Some companies even have a name for people after they left the
              company, like "xooglers" for Google and "outfluxers" for
              InfluxData
       
                eppsilon wrote 1 day ago:
                get hired back to become a refluxer, train as a hardware
                engineer to become a flux capacitor...
       
              tylerrobinson wrote 1 day ago:
              > a single short word
              
              > “Automattician”
              
              The word you’re looking for is employee.
       
                munificent wrote 1 day ago:
                I checked my list, and the fact that employees of Automattic
                are called "Automatticians" did not make my list of things to
                be outraged about. Maybe next week.
       
                  pseudalopex wrote 1 day ago:
                  Pointing out the error in your claim implied nothing about
                  outrage.
       
                    munificent wrote 18 hours 1 min ago:
                    "Employee" is ambiguous because it doesn't convey which
                    business someone is an employee of. A company-specific
                    demonym is short and precise.
       
              jihadjihad wrote 1 day ago:
              I get it, it's just kind of a meme at this point after a couple
              years of these boilerplate RIF announcements. Cmd-F for
              "difficult decision" + whatever the demonym is and you're
              basically guaranteed hits.
       
              rchaud wrote 1 day ago:
              Just say "all employees" then. Lots of companies use contractors
              who don't have employee benefits, do they count as "Googlers" or
              whatever the stupid stand-in moniker is?
       
          blatantly wrote 1 day ago:
          Plus severance will be paid but didn't say how much.
          
          I was thinking this is a boilerplate firing email though!
       
            Jare wrote 1 day ago:
            > how much
            
            With so many countries and legal frameworks to comply with, there's
            never going to be a single answer for this.
       
              beaucollins wrote 1 day ago:
              It’s looking like countries with better worker protections saw
              zero layoffs.
       
            duskwuff wrote 1 day ago:
            I wonder if it's better or worse than the voluntary termination
            deal they offered to employees last year (first 6 months, then 9
            months pay).
       
              beaucollins wrote 1 day ago:
              It’s worse. Max I’m seeing is 9 weeks.
       
                duskwuff wrote 1 day ago:
                Yikes. Meanwhile, the people who took the buyout last year got
                6 months (or 9 if they waited for the second round).
       
              lsinger wrote 1 day ago:
              Much worse.
       
        mrcwinn wrote 1 day ago:
        Tough break for Matt Mullenweg, who unfortunately was caught up in this
        reduction in force. I am sure this unexpected change will afford him
        new opportunities. Wishing him the best!
       
          swyx wrote 1 day ago:
          for others who took this at its word, this sarcasm. matt is
          unaffected.
       
            jsheard wrote 1 day ago:
            As a great man once said: "some of you may die, but it's a
            sacrifice I am willing to make"
       
        sidcool wrote 1 day ago:
        This is well handled.
       
        zem wrote 1 day ago:
        on the positive side, it's a small thing monetarily, but retention of
        company laptops is a nice goodwill gesture
       
          rs186 wrote 1 day ago:
          Worth maybe $1000, not even half a month's rent in almost any major
          US city
       
            anon7000 wrote 1 day ago:
            They’re mostly high specced, newer M model MacBook pros
       
              rs186 wrote 13 hours 10 min ago:
              I suggest that you look up the price of second hand M2 Macbook
              Pros.
       
            paulcole wrote 1 day ago:
            They do say they have employees in 90 countries…
       
          icedchai wrote 1 day ago:
          Many of them are fully depreciated and worth nothing, or nearly so,
          on paper anyway. Any new employees won't want an old laptop. And it
          will cost time and money to deal with shipping, storage, cleaning,
          re-imaging, etc. On average, the bean counters must figure it's
          cheaper to let people keep them.
       
          slt2021 wrote 1 day ago:
          companies that collect their laptops from laid off => where do these
          laptops go? how they recycle them?
       
            rs186 wrote 1 day ago:
            Redistributing them to new employees/interns is very common,
            especially if the laptop is only 1-2 years old.
       
            viraptor wrote 1 day ago:
            It's a huge "depends". Different areas have different recycling
            opportunities. Some hardware providers have their own
            buyback/replacement programs. Also some companies may want to
            reimage and reuse the returned hardware. Finally you want some
            stock of temporary laptops available for people who are waiting for
            repairs so some functioning used ones are great for that.
       
              sgerenser wrote 1 day ago:
              Yeah at the BigCorps I was at, old laptops (as long as they
              weren’t more than 3-4 years old) were usually reimaged and kept
              on hand as spares or for interns, etc. But I imagine after a
              large layoff they ended up with way more than they’d ever
              actually need.
       
          bmulholland wrote 1 day ago:
          Eh, from the company's perspective this is logistically easiest--the
          laptop's value is hardly worth the effort.
       
            etchalon wrote 1 day ago:
            We always let our ex-employees keep their laptops because a. why
            not? and b. I don't need laptops for positions that no longer
            exist.
       
              MDGeist wrote 1 day ago:
              I was at a company that let people keep laptops (after they were
              wiped) largely because the severance was so meager it seemed they
              expected people to sell the laptops for some extra cash. :p
       
                dylan604 wrote 1 day ago:
                doubtful it was considered extra cash, but just now not needing
                to spend cash on replacing the laptop with personal money
       
              gopher_space wrote 1 day ago:
              “Welcome to your new job at HighSpeed TopFlight. Here’s an
              old, used laptop.”
       
                ornornor wrote 1 day ago:
                I’ve had that happen to me at a new job. It disnt make my new
                employer shine.
       
                  gopher_space wrote 1 day ago:
                  One of my key metrics for evaluating employers is Time To
                  Second Monitor.
       
            javawizard wrote 1 day ago:
            And yet only one company I've ever worked for went this way.
            
            I wish more did; it really is such a small goodwill gesture to
            departing employees.
       
            zem wrote 1 day ago:
            a lot of companies ask for equipment to be returned due to security
            concerns, or just on principle
       
              AlotOfReading wrote 1 day ago:
              One former employer had this policy, and also refused to provide
              a way to ship said equipment back. No one was happy with my
              alternative solution: leaving it at the police station instead.
       
                FireBeyond wrote 13 hours 59 min ago:
                A former employer said that FedEx shipping info would be
                attached to my separation email. It was not. I emailed the two
                people at HR who had been involved in my separation. Three
                times each. No replies.
                
                I still have the laptop. And a hard copy of the emails.
                
                Also, as an aside, it is ABSURDLY easy to bypass MDM and DEP on
                a Macbook Pro, even a later M series laptop. Absurdly so
                (anyone here could do it in about a minute or less, and have a
                de-MDMed, fully updatable, no weirdness laptop. Theoretically).
       
                kstrauser wrote 1 day ago:
                Is that what you proposed or what you actually did? I want a
                story!
       
                  AlotOfReading wrote 1 day ago:
                  I actually did it. This was back in the times when you could
                  get a job the next day, and my new employer didn't want me
                  keeping anything from the old employer by the time I started.
                  Old employer was dragging their feet on the shipping label
                  and made it clear that failure to return the equipment would
                  be considered theft. I gave them a week of daily reminder
                  emails with an approaching deadline (no response), then
                  handed it to the cops as abandoned property. Got a few HR
                  calls immediately afterwards asking how to pick it up, and an
                  annoyed police call asking me not to do it again.
       
                    goldchainposse wrote 1 day ago:
                    > made it clear that failure to return the equipment would
                    be considered theft
                    
                    Is "please arrange for a courier to retrieve it" not the
                    end of your obligations?
       
                      AlotOfReading wrote 1 day ago:
                      In a situation where everyone (including me) was acting
                      reasonably, sure. But I was slightly gruntled from being
                      pushed out for filing a safety report, and keeping it in
                      my possession would have technically violated my new
                      contract. Giving it to the police was clearly not
                      stealing it and didn't require going out of my way to
                      help them solve a problem of their own creation.
       
                        goldchainposse wrote 14 hours 35 min ago:
                        On the other side of this, I doubt the police would
                        have done anything if they reported it stolen.
                        
                        There are questions online about "what if a former
                        employee doesn't return their laptop." They almost
                        always end with "send a threatening letter in
                        legalese." They stop after that because the the next
                        step is get a $300 per hour lawyer involved for a $600
                        laptop.
       
                    kstrauser wrote 1 day ago:
                    I love this. Bravo.
       
              jelder wrote 1 day ago:
              A company which is even moderately "OK" at IT will already have
              the means to instantly lock and securely wipe devices of any
              employee at a moments notice. Doing this during a RIF is a hell
              of a lot better than making the mail room deal with a bunch of
              filthy laptops.
       
                oblio wrote 1 day ago:
                A large bunch of big companies, including some of the biggest
                on the planet don't even sell past-end-of-life laptops to their
                current employees.
                
                Let that sink in. They're not even willing to <> old laptops,
                they would rather scrap them and contribute to pollution and
                overall waste.
       
                  johannes1234321 wrote 1 day ago:
                  If they sell to (ex-)employees they sell to consumers. This
                  then includes consumer warranties etc.
                  
                  However what large companies do is to get an agreement with a
                  refurbishing company, which will collect and refurbish them
                  and and pay the corporation some share.
                  
                  This works in some mix calculation - the well treated
                  machines can be sold well, some machines can be used to reuse
                  some parts and some machines are nothing but cost for
                  disposal.
       
                  preinheimer wrote 1 day ago:
                  If you scrap a laptop you get a nice, auditable, chain of
                  custody from the end user to the company that will certify
                  it's been destroyed. If you sell someone their old laptop you
                  need to ensure that it's actually been wiped, not just "I
                  copied my files over and started using the new one". I've
                  seen a few IT departments be not great at "Sam got their new
                  laptop two weeks ago, someone should follow up now to see if
                  the wipe on the old one happened".
                  
                  One choice won't get you fired, the other might save you a
                  bit of cash.
       
                    oblio wrote 1 day ago:
                    I'm talking about some companies that should have the best
                    IT departments on the planet.
       
                      dylan604 wrote 1 day ago:
                      Writing off equipment through depreciation is a time
                      honored thing for corps. If they sell them, they are no
                      longer a write off. That's now more work for the bean
                      counters.
       
                        oblio wrote 1 day ago:
                        Then donate them.
       
                          dylan604 wrote 1 day ago:
                          Isn't that essentially what they are doing when the
                          let the employees keep them?
       
                            oblio wrote 1 day ago:
                            My original comment in the thread:
                            
                            > A large bunch of big companies, including some of
                            the biggest on the planet don't even sell
                            past-end-of-life laptops to their current
                            employees.
                            
                            It's good that Automattic is doing it, I was
                            wishing it was an industry standard procedure, for
                            all past-end-of-life hardware, not just layoffs and
                            not just laptops.
                            
                            Right now FAANG, for example, which you'd expect to
                            have the very best of everything, as far as I know
                            don't give old laptops (and other old hardware) to
                            employees, they don't even sell them. They send
                            them to be recycled or whatever, but the best
                            action is to reduce and reuse, recycle should be
                            the last option.
                            
                            Plus an employee is likely to be willing to accept
                            their old device since they know it's performance
                            and general behavior.
       
              deelowe wrote 1 day ago:
              When I left microsoft, I kept everything EXCEPT data bearing
              devices. I got the sense they REALLY didn't want to have to
              collect the laptops either, but the VPs were forced to by
              compliance.
       
              igleria wrote 1 day ago:
              klarna allowed us to buy our work phone and macbook paying only
              the tax value. We had to give them the devices so they would be
              wiped out by a third party, then they mailed them to my home.
       
                OptionOfT wrote 1 day ago:
                MacBooks and iPhones are amongst the easiest to wipe remotely.
                
                You can wipe them fully (which would be the recommendation for
                MacBooks) and remove just work-installed apps on an iPhone.
       
                  kstrauser wrote 1 day ago:
                  Absolutely. I was in charge of that at a previous job, and
                  telling Jamf to nuke the device did the job the next time it
                  was turned on.
       
                runako wrote 1 day ago:
                This is a G move, without a doubt the best way I've heard of
                this being done.
       
        refuser wrote 1 day ago:
        Not especially surprising, but there’s an awfully large elephant in
        the room that likely directly contributed to this necessity that goes
        completely unmentioned.
       
          solardev wrote 1 day ago:
          Drupal's sudden popularity?
       
          mgdev wrote 1 day ago:
          Matt's only real problem is not owning his ambition openly.
          
          Trying to publicly argue the moral high ground was a stupid, unforced
          error.
          
          It didn't need to be moralized at all. Just make the changes you want
          to make, piss off a vocal minority, then get back to winning and
          making boatloads of money by executing exceptionally.
          
          The problem, I suspect, is that Matt values how certain people
          perceive him more than he values winning. It's unfortunate, because
          he's clearly a very good executer and strategist. He's getting in his
          own way.
       
            Griffinsauce wrote 23 hours 50 min ago:
            > he's clearly a very good executer and strategist. He's getting in
            his own way.
            
            Apparently not. I'd argue he was perceived as such but has
            thoroughly proven the opposite by now. There were so many stations
            to get off the train.
       
            bravetraveler wrote 1 day ago:
            Ignore the financial valuations, man is a worm. I'd call him a
            'hack' but that  might imply talents given where we are.
            
            Through his shitshow, he tried - and failed - to curry favor with
            an OSS puppet. Not any particular software... like one might think,
            but the whole "thing".
            
            There was never any moment where WPEngine was beholden for offering
            WordPress services. Everything was strained to the point he was
            trying to redefine OSS.
            
            He got in his way, ours as members of the public, and that of
            WPEngine. Repeatedly... and I don't see enough reflection/reason
            from Matt to believe this will change. Personally, I'd hesitate to
            promote his strategies or skills.
            
            Hamfisted is a better message. Or none, take the wind away. We
            don't want his ambition or to hear about it. It's demonstrably
            shit.
            
            Edit: just in case this needs saying, I've never been affiliated
            with either company. Don't waste your limited time looking for me,
            Matt.
       
            reshlo wrote 1 day ago:
            If more people valued how others perceive them more than they
            valued winning, the world would be a better place.
       
            KennyBlanken wrote 1 day ago:
            IMHO moralizing wasn't really the problem.
            
            The extremely erratic behavior, the ego, the fixation with
            vengeance, harassing organizations legally using the Wordpress
            name, abusing his power at the wordpress foundation, using it to
            punish Automattic competitors...
            
            He pissed off a lot of people, but worse: he made a lot of people
            nervous.
       
          uoaei wrote 1 day ago:
          Is the elephant in the room with us now? (Mind filling in?)
       
            xd1936 wrote 1 day ago:
             [1]
            
   URI      [1]: https://mullenweg.wtf/
   URI      [2]: https://web.archive.org/web/20241026031947/https://bullenw...
       
              stevage wrote 1 day ago:
              Holy moly.
              
              I never heard of this drama before.
              
              This was crazy:
              
   URI        [1]: https://www.reddit.com/r/WPDrama/comments/1hlp08d/what_d...
       
                ornornor wrote 1 day ago:
                That was wild.
       
            bananapub wrote 1 day ago:
            the author of that email has been having a very public breakdown
            for months now, mostly consisting of being a prick and trying to
            harm the community and a competitor.
       
            alphager wrote 1 day ago:
            The legal threats against WPEngine and their customers, the
            lawsuits between WP/Automatic/WPF and WPEngine, the banning of
            several contributors, the takeover of WP Plugins on WP.org, the
            shenanigans with several check boxes on the login pages of WP.org.
       
              Analemma_ wrote 19 hours 7 min ago:
              While it wasn't as damaging from a legal or (business)
              reputational perspective,  he also peeked into the Tumblr
              database in order to doxx people who were making fun of him,
              which doesn't say great things about his stability or fitness to
              run a company.
       
            65 wrote 1 day ago:
            Matt Mullenweg is the elephant.
       
              wiether wrote 1 day ago:
              Since Matt regularly comments here, and given the expression
              chosen; I'm pretty certain that they know who the elephant is.
       
                foobarchu wrote 1 day ago:
                His account has been inactive for almost all of 2025, I think
                his legal team must have taken away the password.
       
                  lolinder wrote 21 hours 55 min ago:
                  He has alts he uses that are probably still active.
       
                chris_wot wrote 1 day ago:
                Matt commenting here was part of the reason he is in the mess
                he is in.
       
            maccard wrote 1 day ago:
            
            
   URI      [1]: https://www.bbc.com/news/articles/cm2y7eyp3zpo
       
       
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