My company did a big round of layoffs and it was pretty revealing that not a single director or above were laid off. Despite reduced headcount, the org chart got DEEPER in some cases. For all the talk of bloat in the tech world, nobody wants to point fingers at directors who have little to do but schedule very expensive meetings with the directors under them.
Mountain_Skies|3 years ago
pembrook|3 years ago
Being a steward of an already-giant company...one that has product-market fit, reliable sales/distribution channels, household brand awareness, and a position of gravity in the markets...is infinitely easier than building something from scratch.
Nobody who was employee #1567 should ever be granted $10M+ of equity in a business they didn't build.
It's quite literally stealing from public investors, and boards only enable this because they're incestuously composed of fellow managerial-club members.
robocat|3 years ago
From the public’s point-of-view, the “software class” are looting the public: outsized compensation for a risk of say 2% (20% fired over ten years).
Nobody who was employee #13370 should ever be granted $100k+ of equity in a business they didn't build.
I’m being sarcastic: but so many arguments against the “managerial class” can equally be made against the wealthy privileged software engineers earning $X00k (including stock options/RSUs etcetera).
gwright|3 years ago
Has it ever not been a problem? In any type of economy? In any type of company? Seems like this a human nature problem and not a "modern economy" problem.
prettychill|3 years ago
Quite hilariously engineers are going to be measured by "productive commits" soon, but I saw no guidance created to measure how managers are providing value
dangwhy|3 years ago
peoplearepeople|3 years ago
xadhominemx|3 years ago
stronglikedan|3 years ago
That's not the director's problem, so why would anyone point the finger at them? Competent directors have a lot to do, albeit mostly behind the scenes to the average employee. If they don't have a lot to do, then the problem is up the chain.