For the first time in my life I was able to buy a 'home', a small condo under a thousand square feet for just under half a million dollars. Now I will default on it within three months if I don't find another job, and with all of the tech layoffs, it's me and a hundred thousand others in the city vying for the same jobs. Maybe I can sell my car. Maybe I can sell my blood, since it's not lubricating the C-Suite's gears in Seattle currently.
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Thank the Silicone valley startup…..now failing business model for this: Every functional profitable american business tried
to chase after their “success” by following their play book out of FOMO.
Step 1. Hire Chief Digital Officer
Step 2. Hire upper 6 figure bearded T shirt wearing Product Owners and Designers called Servant Leaders
Step 3. Name your new Digital department “The Dzgn Labz” or “Co-create” or randomly add a “Z” Inovatingzz
Step 4. Spend 8 million making each app spelled with extra “z”s that no one asked for. Step 5. Outsource all talented IT workers roles to India to pay for it.
Step 6. Obliterate local housing markets with wanna be tech stars using their inflated salaries just so it could all implode after a “lengthy” 18 month run….
Step 6. Profit!
The most worthless analyst in all of TMO is the Mike B. This person spends all day talking. Negative value to T-Mobile. This dude gossips and back stabs to cover up for his lack in skills.
it is good to be "unemployed" at the moment, way better than listening the all hands meeting to see how leadership talked about earning/churn/etc. " it is all about you "
Honestly you made a terrible financial decision when you bought that condo. How could you pay $500K for something like that?
totally agreed, but the severance package will be over budget, they care about their money.