- Tech company gets acquired by massive company for a ridiculous sum of money
- Site never really generated much revenue
- Parent company demands cuts
- lays off workers, ahem sorry, removes redundant positions
- re-org
- gets rid of physical assets by moving to the cloud claiming savings despite it almost always being more expensive and worse than running your own.
- lay off more employees claiming move to the cloud behind schedule and over budget
- blame the economy
- probably something with AI
- hire a more 'global workforce'
- re-org
- RTO mandate to make the highest paid employees leave after they trained their replacements overseas
- voluntary severance package
- another round of layoffs
- re-org
- quarterly report showing highest profits in company history
- worst compensation bumps in company history
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Stack Overflow no longer has any physical datacenters
Do they think cloud services are literally non-corporal?
Has the cloud rug-pull happened yet or are they waiting for some recession to jack up prices?
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I mean, that’s what the marketing folks at the hyperscalers would have us believe…
Congrats on the monthly costs i guess? What you pay in sending a guy down to replace a job you will pay 10x in monthly costs.
I can understand a move to cloud infra for a company as worldwide as stackoverflow but I dont think they make the revenue required to support it. They're going to get squeezed by the increasing costs eventually.
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