If what they sell is the open source Nextcloud, it is a horrendous product.
Its architecture is weird, with a proxy inside you can harden only by editing data inside a container that is volatyile by design (and has to be).
There are numerous issues opened on that topic, Nextcloud response is "live with it".
We use it at work and everybody I asked loves it. I also recently moved my personal data to Nextcloud from Google Drive and it's been extremely pleasant to use
I am not a legal expert but I read that the case of the Netherlands proves this to be at least partially wrong. Retail sale is legal. Some municipalities have legalized supply chains.
I know you are sharing some interesting observations, but can we all stop talking about employees as the "fat" of companies and firing of employees as "culls".
> underperformers lying about to cull
is not just bad wording. By definition, there will always be underperformers. A profitable company only has "too many" employees if you think it has to pay a larger dividend to its owners / shareholders or that future growth is mandatory.
Why is it not fine when a company is more or less breaking even but paying good salaries to its employees?
> Why is it not fine when a company is more or less breaking even but paying good salaries to its employees?
Because this ignores reality. Especially at FAANG companies, growth is expected and the majority of compensation is stock. If you stop growing, and stop having a profit, your stock tanks, and future compensation - as well as compensation from years prior that is still in the form of company stock - becomes worth much less. You can't hire people who are as good because you're "in decline." Your products falter because talent leaves and you can't find new talent. Even if all the above is imagined (it's not) you now have real impacts in terms of declining application quality and shrinking user bases.
I was trying to point out that not every company ownership model is a publicly traded stock company. Your point is totally valid in the context you give.
> "Why is it not fine when a company is more or less breaking even but paying good salaries to its employees?"
Do you have a retirement plan that contains stock or get any options/stock grants as part of your compensation? Those shares are your ownership stake in corporations and your retirement quite directly depends on those shares increasing in price faster than inflation.
Your point is valid but also quite obvious. As soon as you own stock you will want them to increase in valuation. My point is a different one. Publicly traded stock companies have very specific (growth) and often bad (growth, disregarding other impact) incentives.
Other forms of ownership can provide a stake for talented employees and safeguard their financial Fortune. I believe a cooperative may better align everyone’s incentives for example.
There is solid research out there suggesting that this is different. Large n, several years, multiple countries all pointing to all increase in tune with the advent of visual social media (Instagram, TikTok - not Facebook or WhatsApp). The time series analysis makes this not merely correlational.
Everything is a different beast than what came before it.
Notice, I'm not saying the panty wringers were wrong about all the stuff that came before. I've come to terms with the fact that they were largely right. The corruption of each successive generation actually happened. What I'm saying is, it seems that this is just an artifact of culture rather than standalone negative impacts of new things. I don't know what to do with that information, but it is staring me in the face.
Well, it kind of did. The EU's highest court, the European Court of Justice just passed its final ruling last month stating that the "Safe Harbor" agreements called Privacy Shield etc. that US companies use to be able to operate in the EU in compliance with EU privacy laws are inadequate given the widespread mass surveillance used by the US. [0]
That's not banning but it requires US companies to actually invest and change their modes of operation if they want to continue to operate in the EU without being fined.
This might be interesting: how about a hundred years ago, a German Carpenter dressed up as a Prussian officer and got the local guards to hand over the town treasury. https://news.ycombinator.com/item?id=23950138
twentyfifty | UK or Germany (mostly WFH) | Data Visualization / Scientist | Part-time or Intern or Student-job
twentyfifty [0] is a management consultancy helping international corporate clients to turn corporate responsibility commitments into practice in their value chains.
We are a certified B-corporation [1] with a wonderfully passionate team that believes in the quality and purpose of our work.
If the following statements resonate with you, we should get in touch:
"Understanding how companies impact people and how this could be measured fascinates me. I follow the news but when people cite studies, I often think 'I wish more people understood the difference between correlation and causation.' Using datasets to turn complex socioeconomic questions into easy-to-digest visuals and actionable insights for companies gives my work purpose. Excel, PowerQuery, PowerBI, Tableau, R or Python are some of the tools that I feel comfortable with."
twentyfifty is looking for a freelancer, or junior- / advanced-student level colleague. Given the current economic uncertainty, an engagement would start in August and be limited to December but likely be extended beyond that. Looking forward to get to know you. Please reach out to me. You can find my contact details on my profile page [2].
twentyfifty | Europe (mostly WFH) | Data Scientist | Freelancer
twentyfifty [0] is a management consultancy helping international corporate clients to turn corporate responsibility commitments into practice in their value chains.
We are a certified B-corporation [1] with a wonderfully passionate team that believes in the quality and purpose of our work.
If the following statements resonate with you, we should get in touch:
"Understanding how companies impact people and how this could be measured fascinates me. I follow the news but when people cite studies, I often think 'I wish more people understood the difference between correlation and causation.' Using datasets to turn complex socioeconomic questions into easy-to-digest visuals and actionable insights for companies gives my work purpose. Excel, PowerQuery, PowerBI, Tableau, R or Python are some of the tools that I feel comfortable with."
twentyfifty is looking for a freelancer, or junior- / advanced-student level colleague. Given the current economic uncertainty, an engagement would start in August and be limited to December but likely be extended beyond that. Looking forward to get to know you. Please reach out to me. You can find my contact details on my profile page [2].
- https://en.wikipedia.org/wiki/Nextcloud