this post was submitted on 04 Dec 2023
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Big tech used to be built on the idea that you could work on a moonshot idea, have it fail, and then be reassigned to something new, or swallowed into new orgs. This way, you could work on the next Zune, Fire Phone, or Circles, and not fear for your job - like you would if you worked for a startup.
Now, they don't give a fuck. If the moonshot fails, they move the exec to a new org, and fire the entire team. It means that companies like Spotify can diversify their offering while saving money, and due to the poor hiring market and general apathy of tech workers, they just deal with it.