Ranter
Join devRant
Do all the things like
++ or -- rants, post your own rants, comment on others' rants and build your customized dev avatar
Sign Up
Pipeless API
From the creators of devRant, Pipeless lets you power real-time personalized recommendations and activity feeds using a simple API
Learn More
Comments
-
helloworld9374215dThe bastard money men. What started out as a worthwhile venture turns in to shite. They should never have sold the company to these fucking cunting shark mother fuckers. I fucking hate capitalism.
-
xcodesucks547215dI have been part of a number of buy-outs over the years and the pattern is the same. Buy-out means time to leave. It also means that your original corporate leadership sold out (literally and figurativaly). Get a retention bonus when the buy out happens (too late now) and then immediately look for a job like your building was on fire.
I feel for you, I truly do. It's more than "a job" when you invest your heart and sole into a company that becomes a fraternity... when it evaporates it is like the rug is pulled out from under your feet.
The fact that you stayed there for a year means you have let your hope cloud your judgement. Pull the handle before you lose too much altitude. -
xcodesucks547215d@helloworld Capitalism is not the issue here. It is the short term thinking and greed of leadership who looks from fiscal quarter to fiscal quarter.
If when you negotiate salary you ask for a month severance and they balk, it is a good indicator that you are working for a quarterly company.
But I will say that vulture capitalists do suck... https://en.wikipedia.org/wiki/...
Related Rants
I applied for a position as an engineer for a nonprofit organization that helped kids across the country (and the world) and got the position. The people across the organization were wonderful and, without a doubt, mission driven to help kids and it felt good to do the work. The agile teams worked well together, every team had their roadmaps, and management always emphasized family first. The organization was making crazy money so we were given all the tools we needed to succeed.
Then, within a few months of my hiring, it was announced that the non-profit organization was being bought by a large, fairly well known for-profit company which had also been recently acquired by a venture capital firm.
The next thing we knew, everything changed all at once. We went from building applications for kids to helping this company either make money or build value for their owners. Honestly, I did not know what my day-to-day work was doing for this company. The executives would tell us repeatedly that we were expensive and not a good value compared to their other teams. It felt like we were only being kept until the systems were integrated and their had access to our decades of data.
You might think I'm being paranoid but a year after the acquisition, we still did not have any access to any of their systems. We operated on a separate source code solution and were not given access to theirs. When requests came from them that would facilitate them connecting applications to the data, it was to be considered highest priority.
The final straw for me was when I was told my compensation would be cut for the next year. We were strung along for the whole year leading up to it saying that the company was evaluating our salaries compared to others in the industry. Some of us figured that we would probably even go up knowing that we were underpaid for a for-profit tech company because we chose to work in a non-profit for a lower rate to be able to do worthwhile work. Nope! We were told that we were overpaid and they talked about how they had the data to prove it. One quick look at LinkedIn would tell you they must be smoking something that had gotten stale in a shoebox. Or they were lying.
So that was my rant. If you think you are protected from the craziness in tech right now just because you are writing code at a nonprofit, you might be wrong. Dishonest executives can exist anywhere.
rant