Hacker News Reader

No, and half the existing managers have been fired as well and their positions closed. A 1:7 ratio of managers to direct reports? What is this, the 80s? We’re doing 1:15 now. Also you have to be building software at the same time[1]

[1] https://www.refolk.ai/blog/coinbase-ai-native-engineering-ma...

My opinion of Brian Armstrong has gone from very positive to ZERO in the past 12-24 months due to his AI zealotry.

Mine hasn’t changed but because he is in crypto so it was already zero.

It’s just entirely grift, speculation, and rug pulls. My friends who used to use it to buy drugs don’t even do that anymore as it’s completely lost any sense of being a currency like the original, somewhat defensible arguments of it suggested it could act as.

The ratio of managers:staff engineers has been decreasing, so sort of, yes.

Ironically I have recently transitioned to a TL role because my org has slowed senior IC salaries but keeps increasing management salaries.