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> Tech was a bastion of "treat your employees right, and they'll be productive".

I can't verify the veracity of this claim. Tech spans a wide spectrum of job conditions. I have worked in traditional suit and tie places, and show up with pizza stained sweat pants places.

Tech is a bastion of one thing in my opinion. It's a place where employees hold disproportionate power over the company. It's the one place where there is such a labor shortage, and enough smart people, that the companies will do what the employee wants in order to keep them happy. Make no mistake, no company tech or not wants to bend over backwards like tech companies have. Hence, all of the effort in outsourcing and getting code camps running.

Don't make the mistake of thinking tech is charitable. A lot of engineers I know are very soft because they think like this. Tech CEOs have a problem no other CEO has. A legion of smart, hard to replace, highly paid people that have enough power to demand more or less what they want.

The whining about Musk has to stop. He's being a dick about this because he has a personal vendetta against the old guard. When you look past the personal vendetta he is doing what anyone would do when a billion dollar turd is dropped on their desk. Dramatic, fast, often negatively viewed change.

Ask yourself, if Twitter was such an incredible company would the CEO have taken the offer? Probably not. The C-levels saw the ship sinking and rightfully jumped at the opportunity. Who is responsible for this lack of profitability? The old guard. So, task #1 is to get rid of them.



>Tech is a bastion of one thing in my opinion. It's a place where employees hold disproportionate power over the company. It's the one place where there is such a labor shortage, and enough smart people, that the companies will do what the employee wants in order to keep them happy.

On the other hand employees hold the power to also enable the company. I'm not accusing you of personally holding the "the company must do what I want" mindset, but at least for me what motivates is the idea of solving problems and helping people rather than lording some kind of power of them. IT has always felt powerful to me (and I'll be honest made me feel powerful in some small way) because it let me automate away things or make them measurably better. Hopefully I'm not alone in that.


Investment banks also face the problem of employees holding disproportionate power but they have a somewhat different solution than tech companies - keep the harsh working conditions and pay top performers huge bonuses.

If you're a fan of Matt Levine, "the modern investment bank is a socialist paradise run for the benefit of its workers."

It's common for a top trader to make more than the CEO at major banks. You'll see this on occasion at tech companies but generally pay is far flatter and so they come up with other ways to entice staff.




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