As an Employee, You Are Disposable

The recent tech layoffs have shown that employees are disposable in the eyes of executives. This isn’t surprising though, and I’m definitely not the first person that has written about this. I just want to highlight the current situation.

TrueUp tech layoff tracker

Source: TrueUp: Tech Layoff Tracker

It doesn’t matter if investor expectations are surpassed, layoffs can still take place.

CNBC Shopfiy headline

Source: CNBC: Shopify cuts 20% of its workforce; shares surge on earnings beat

It’s somewhat understandable if a company is struggling financially and resorts to layoffs. However, there’s plenty of companies that are profitable and still lay off the people that earned the company those profits.

Polygon Microsoft headline

Source: Polygon: Microsoft mass layoffs reportedly impact Bethesda, Halo Infinite teams

Many companies are not only profitable, but their executives continue to earn huge sums of money amidst layoffs.

Ars Technica headline

Source: Ars Technica: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

Aside from layoffs, employees may have their pay frozen even though company revenues are up. That’s what happened at Microsoft. Let’s not forget that Microsoft is a $2.5 trillion dollar company (at the time of this writing).

Techradar headline

Source: Techradar: Microsoft workers protest ’landmark year’ CEO memo following pay freeze

It doesn’t matter how much value you’ve delivered. It doesn’t matter how much impact you’ve had in a company. It doesn’t matter how long you’ve been at a company. You are still disposable.

Tweet from @jcj

Source: Jeremy Joslin (@jcj) on Twitter

This article shows the mindset some very wealthy executives have about the average worker/employee.

BBC Tim Gurner headline

Source: BBC: Tim Gurner apologises over call for more unemployment to fix worker attitudes

There are some bits I want to highlight:

“There’s been a systematic change where employees feel the employer is extremely lucky to have them,” Mr Gurner said. “We need to remind people they work for the employer, not the other way around.”

[Mr Gurner] has previously made headlines by suggesting young people cannot afford homes because they spend too much on avocado toast.

I recently came across a blog post that is very relevant when understanding that the executives that earn 100x your pay can also lay you off at any moment: Maybe you should store passwords in plaintext.

It’s okay to like your job and employer. Just understand that as an employee, you are disposable.