Concerned about these R&D layoffs and startup closures. I love startups and cannot go back to the mind drudgery of corporate offices. Remote work changed my life for the better.
Feel like there's a massive recession coming and it's time to hold onto my job as long as possible, sell my house and start a company.
Aiming for 10 - 15 years of runway (without tapping into my retirement accounts) to make this succeed.
Already learned Software Development, now it's time to learn Copy, Marketing, Sales, Accounting, Recruiting, Networking, Social Skills, etc.
Mike Abbott apparently left due to legitimate health problems, he didn't just indicate vague "health reasons". He said on LinkedIn: "I've been facing some serious health issues involving my heart that have not improved. I need to prioritize my recovery."
That being said, no idea if him leaving back in March has anything to do with this layoff.
I'm assuming the Texas lawsuit against OnStar contributes here as a software income stream that didn't work out... low level employees always pay for bad decisions from leadership.
> Software, specifically monetizing it, has been a major focus for automakers, including GM, as it eyes recurring revenue opportunities such as subscriptions to boost profits.
I, for one, am sick and tired of this business model. I have no desire to rent things for the rest of my life - and I won't.
I suppose the good news is this obnoxious rent-seeking is one of the symptoms of late-stage capitalism.
The thing is engineers must band together to independently replace the structures of corporations with employee-owned co-ops and join unions. Without sharing the profits and stable governance, arbitrary layoffs and ill treatment will continue unabated. They can do the same or similar work functions as before, but as a separate company that cares about long-term sustainability and stability.
Feel like there's a massive recession coming and it's time to hold onto my job as long as possible, sell my house and start a company.
Aiming for 10 - 15 years of runway (without tapping into my retirement accounts) to make this succeed.
Already learned Software Development, now it's time to learn Copy, Marketing, Sales, Accounting, Recruiting, Networking, Social Skills, etc.