re: Headcount: Miller's Orangesdave always good not telling truth. they no money, vc's no give more money. more people no work there all the time. few working, they surf www.monster.com for job. house tell them no say bad things about allegro. he know truth.... bye bye allegro.
re: Headcount: Miller's OrangesYet another bs post on Headcount.
This looks like some one pretending to be an insider ( "WorkerBee") and pretending to be a foreign-born engineer by using English too broken to be realistic.
Come on "WorkerBee". Not even Bobbymax lays it on that thick.
This Headcount message list is turning into a soapbox for people with scores to settle against particular companys.
What is truly nauseating is the amount of deception these bitter people are willing to use.
I don't care about Allegro one way or another, and I'm not a Dave House fan either, but I'm sick of the deceptiveness of disgruntled ex-employees and competitors taking cheap shots at companies on this message board while posing to be detached outsiders or current insiders.
re: Headcount: Miller's OrangesPer comments above, I'd say most start-ups are not taking employee compensation very seriously. Salaries are down, Stock Options (the traditional driver in start-ups) are buried under Liquidation Preferences, and most key employees expect to have the companies sold in the next year or two (which usually means top management layoffs).
When this market finally turns around, I'm concerned about retaining the best employees. How do we compete against larger companies offering competative salary, "real stock options" (i.e. employee can open the newspaper and figure out their value), and much better health care benefits. There will be a rough couple of years. The VCs seem to be extremely short sighted. It will be interesting.
re: Headcount: Miller's OrangesWorking for a start-up is like working as a contractor but with less pay and same uncertainty. When you finish your piece, it is likely that you will get layoff while the company is waiting to sell the product or getting new funding. It will be interesting to see how those start-up maintain the product. I have seen real talented people got layoff because they finish the product as they should or for political reasons.
re: Headcount: Miller's OrangesFor those of us "lucky" enough to survive the seemingly endless parade of layoffs within the industry, we are left doing three times the work for a lot less money. This, in and of itself, doesn't bother me too much; I've never been scared of a little hard work. What really gets to me is that senior management isn't appreciative of the monumental tasks we grunts are expected to perform on a regular basis. I can only speak for my company, but I am sure many of you out there are in the same boat.
Many of my peers keep telling me that I'm fortunate to be drawing a regular paycheck. That is true, but I feel like I am selling a part of my soul in the process. I work for a career-engineer that decided he could run a company, even though I don't think he left his lab long enough to see the sun in 20 years. Since things aren't going too smoothly right now (what else could a reasonable person expect in this dreadful market?), he's taken to belittling his employees every chance he gets.
I ask you, oh faithful LR readers: how are we supposed to feel when we're asked to do the jobs of three people and work ridiculously long hours, with no appreciation, while accepting pay cuts and watching our "precious" stock options waste away to nothing? I'm trying my damndest to leave telecom altogether and I won't look back....
re: Headcount: Miller's Oranges"I ask you, oh faithful LR readers: how are we supposed to feel when we're asked to do the jobs of three people and work ridiculously long hours, with no appreciation, while accepting pay cuts and watching our "precious" stock options waste away to nothing? I'm trying my damndest to leave telecom altogether and I won't look back...." ____________________________________
I just can't help but think this is punishment for how we lived during the bubble.
Plus, look around - it is happening everywhere - financial services, retail, etc. I just don't know where all these people are expected to go.
re: Headcount: Miller's Orangesdave always good not telling truth. they no money, vc's no give more money. more people no work there all the time. few working, they surf www.monster.com for job. house tell them no say bad things about allegro. he know truth.... bye bye allegro.
Ah-hhahahahhahahahahahahah! *wiping tears* This is so funny.
Just heard Nokia Broadband is shutting down in Rhonert Park. 200+ staff affected. This is where the DSLAMs have been developed (through Diamond Lane acquisition in 99). These products have had zero success in US and reasonable wins in Asia (where margins likely equal zero). In addition, the division acquired Amber last yr for $400M+ and shut down unit in less than a year. So, net-net, this should come as no surprise if the Fins are done with their wireline access experiment and associated losses.
re: Headcount: Miller's Oranges"dave always good not telling truth. they no money, vc's no give more money. more people no work there all the time. few working, they surf www.monster.com for job. house tell them no say bad things about allegro. he know truth.... bye bye allegro." _____________________________
Someone please help translate this. Reading it causes brain pain. I feel like we need someone like the old woman from Airplane who served as a translator because she spoke jive.
re: Headcount: Miller's OrangesAnother thing I find interesting about the reduction in pay is that many companies (big, small and startup) are paying ~20-30% less for new employees, yet their existing employee base is still making the normal salaries. If and when the employment situation improves, many employees will jump ship since they are way undervalued when compared to their coworkers.
workerbee987654321