I imagine I've worked a lot, lot more for a lot, lot less, on average. And all while having greater tax/admin obligations. Which is why I don't have any particular sympathy for the undulations in the job market of a salaried employee - at any point, they can freelance like I have to fill the gaps. 960 people fired means 960 people were employed for a given period, but it's often viewed as a horrible and heartless gesture by the company. I've had flat periods just as others have been looking for a job. Been part of the gig economy for 20 years so I'm quite bemused when stories focus on it with Uber and their ilk like it's a 2020 thing.
I've had periods being the sole operator at my company where I've had to work through family holidays and endured extreme stress. My earnings are absolutely famine and feast; had times without paying myself for months and months.
However (and it's a massive however), the freedom has been priceless and I suspect I could never work for someone else in a typical job. I had a typical job once when I was about 20 and not since (I'm 43 now); I don't expect I will have a CV or an employer again in my life. I quit uni/college and have no degree. I don't think I'm very good at what I do.
I've had years earning less than $15k. But I've also had a year where I went around the world through 20+ countries, and many other years where I travelled 3+ months out of the year. Last year I gutted a bus overseas, renovated it (shubbo.com), and travelled with wife and three kids twice across a continent over three months - it was the greatest experience of my life and I don't think I could've done it as an employee.
I currently have a mixture of income streams including one where I photograph/film while travelling (serio.com.au); it barely feels like work. I wouldn't change it for a thing.
> Which is why I don't have any particular sympathy for the undulations in the job market of a salaried employee - at any point, they can freelance like I have to fill the gaps.
Congratulations on your successful gig career that gives you great freedom and the means to support yourself. However, not everyone can freelance. They may have skills which have zero demand right now, they are unable to work remotely, or they have mortgages or health/family situations which prevent them relocating or doing gig work.
There's a lot of sentiment on this thread that these people losing their jobs at LinkedIn are deadweight but in my experience the people let go in the midst of a great economic crisis include superstars who have the floor vanish beneath them, through no fault of their own.
I worked as an attorney for 6 years. The employer I worked the longest for is a major US law firm; you would probably recognize the name. I worked there for four years. Each year I received a high review -- averaged 4.3 out of 5. I had just received a promotion (I wasn't associate/partner track so we worked differently). Then my group started bleeding cash due to an abruptly changing market.
There was no single massive layoff. Instead there was a 6 month period of people slowly fading away. The most bizarre experience of my professional life. Then one Monday, with zero warning, I was brought into a meeting with my supervisor and HR and was told I was being let go. There was an extremely flimsy excuse related to performance; when I asked why it wasn't reflected in my reviews they had no answer.
So from feeling like I had good job stability and support to out of work in about 1 hour flat. I obviously saw the writing on the wall in general but never would have expected me to be one that was asked to leave. My only guess is the promotion made me a target due to higher salary. Luckily I took that as a sign from the universe that it was finally time to attempt the career switch to software dev that I had been planning and working towards for 4 years, and I made it, so for me it was oddly a net positive.
Now I'm not claiming I was some legal superstar. But there were a lot of very good workers that were let go. And the legal job market is brutal. The vast majority of lawyers in this country do not fit your TV view of lawyers. Most of them are your standard 9-5 types working for well under 6 figures with astronomical loan burdens. And good luck telling a lawyer to freelance.
I wouldn't call my career especially successful. I have slogged for 20 years at this. The one programming language I know how to use is probably the least fashionable and most laughed at around. I'm just saying that the focus in a "cutting x staff" thread is always on the loss of a job and not that the job was provided. I have multiple mortgages and a family that has limited my relocating. Being a small web studio getting eaten away by platforms has been seriously challenging, taking a client to court to get paid is challenging, etc.
Someone with a mortgage losing a job has to cover for the downtime, sure. I've had to cover for the peaks and troughs for 20 years. At no point have I had the safety of a predictable pay cheque.
If superstars were let go, wouldn't they often be in a position to capitalise? Or have the intelligence to up-skill or diversify skill set? My line of work has been savaged by platforms. What was once "We have a $10k budget to build a site" has become "So I've done 99% of my site on [platform] but I can't work out the last bit. My budget for the most annoying and least predictable remaining bit of the job is $100."
An employee is at the mercy of their employer just like I am at the mercy of my clients. Any individual has some responsibility to maintain their skills or diversify (against platforms) or stockpile for hard times. I absolutely have sympathy for someone losing their job but I don't have any particular sympathy given it's the flipside of a coin that sees them get a regular wage for a given period.
Consider that some of the people being let go may be here on employment visas, and this may jeopardize their (and their family's) ability to remain in the country.
And they may have got into the country with the support of that company in the first place? I'm not heartless. I'm just saying that there is rarely much appreciation of the original opportunity in discussion about it ending.
I've had periods being the sole operator at my company where I've had to work through family holidays and endured extreme stress. My earnings are absolutely famine and feast; had times without paying myself for months and months.
However (and it's a massive however), the freedom has been priceless and I suspect I could never work for someone else in a typical job. I had a typical job once when I was about 20 and not since (I'm 43 now); I don't expect I will have a CV or an employer again in my life. I quit uni/college and have no degree. I don't think I'm very good at what I do.
I've had years earning less than $15k. But I've also had a year where I went around the world through 20+ countries, and many other years where I travelled 3+ months out of the year. Last year I gutted a bus overseas, renovated it (shubbo.com), and travelled with wife and three kids twice across a continent over three months - it was the greatest experience of my life and I don't think I could've done it as an employee.
I currently have a mixture of income streams including one where I photograph/film while travelling (serio.com.au); it barely feels like work. I wouldn't change it for a thing.