NYT were barely braking even before, and they are barely breaking even now.
It was really volatile until people figured out what it was but it's no worse or better than any other currency. Try owning any random currency during government unrest. It's "collapsed" to all of ~$350. Which is still worth more than your Zimbabwe dollars.
Why the hell would you own a "random currency during government unrest"?
That seems like very low bar to compare yourself with.
According to coindesk the BTC value during the last 12 months has varied from approximately $210 to $450, or somewhere around 100% "volatility".
Compare to Euros, 1.05-1.15
China CNY, 0.15-0.16
Japan JPY, 0.0080-0.0086
UK GBP, 1.41-1.58
They are all in the region of 10%
That makes the BTC look like it is still pretty damn volatile.
It replaced a business unit with a contractor (perfectly legal), and that contractor happened to use H1B Visa holders (also perfectly legal).
H1B is meant for when you can't find the competency locally. Clearly that is not the case here, since the contractor could hire the old employees.
HR departments have learned that most people will accept whatever low-ball initial offer is made, and companies take advantage of that fact. Of those that do negotiate, most of them do a poor job of it, using the lowball offer as the starting point for negotiating.
Anchor price Apparently it works in salary negotiations too.
Support bacteria -- it's the only culture some people have!