jbz , to random
@jbz@indieweb.social avatar

💥 Layoffs in tech sector reach nearly 100,000 year to date: tracker

https://seekingalpha.com/news/4118529-layoffs-in-tech-sector-reach-near-100000-year-to-date

parismarx , to random
@parismarx@mastodon.online avatar

Tesla charging chief Rebecca Tinucci cut 15-20% of her team after Musk demanded it.

She felt that would justify a major Supercharger network expansion, but when she met with Musk he wanted more layoffs. When she pushed back, he fired the whole team.

https://finance.yahoo.com/news/inside-story-elon-musk-mass-100216178.html

#tesla #tech #elonmusk #layoffs #ev

obrhoff , to random
@obrhoff@chaos.social avatar

If you're looking for an explanation of what's happening at Google with the current layoffs, just watch this video. Steve Jobs' reflections about what happened at Apple provide the best explanation. It's something you'll encounter in all corporate companies.

video/mp4

obrhoff OP ,
@obrhoff@chaos.social avatar

Unfortunately I think the „remote work“ and „work from home“ culture contributed a lot to it. It made it totally acceptable to work with people that you won’t meet anyway in reality.

If you're job can be done from home, it can also be done from India.

Thats the reallity we are living now.

The_Tim , to random
@The_Tim@mastodon.social avatar
darjr , to random
@darjr@chirp.enworld.org avatar
LALegault , to random
@LALegault@newsie.social avatar

Exxon blamed people for : 👍🏻

Kim Kardashian blamed people not wanting to work anymore for and : 👍🏻

Kelloggs CEO blamed people for wanting to have breakfast and super: 👍🏻

The tech bros blamed people for not letting steal from them: 👍🏻

Western Governments blame people for not just letting them have their : 👍🏻

Notice a pattern of rich people blaming us for their moral failings and exploitation?

isaac , to random
@isaac@hachyderm.io avatar

Vice laid off hundreds of workers, and the threat of deletion has journalists rushing to back up their work as system privileges are being revoked.

The CYBER podcast team still had upload access, so they used that opportunity to upload a rogue episode. It's a very interesting and frank discussion about the company that does not paint the company (specifically, the C-suite) in a good light.

Vice took down the episode, so you can no longer find it on official feeds.

marcodallagatta , to random
@marcodallagatta@techhub.social avatar

"If we reduce the number of employees for better short-term financial results, employee morale will decrease. sincerely doubt employees who fear that they may be laid off will be able to develop software titles that could impress people" https://www.nme.com/news/gaming-news/nintendo-ceos-refusal-to-lay-off-staff-goes-viral-following-industry-wide-cuts-3577675

ThomasConnor , to random
@ThomasConnor@astrodon.social avatar

8% of being laid off. The mood on lab was already dire when I left two years ago. I worry that this isn't the only hammer that will drop on the space sciences this year, with the House fighting to cut federal spending levels.

https://www.jpl.nasa.gov/news/jpl-workforce-update

LisaKalayji , to random
@LisaKalayji@sfba.social avatar

"UPS announced this week that they will be laying off 12,000 people, approximately 2.4 percent of their global workforce...

As you may recall, UPS drivers won a hard fought battle earlier this year for higher wages and less batshit working conditions so they don’t die of heat stroke.

Is the company truly suffering? Well, no. It still had an adjusted operating profit of $9.9 billion... they “returned $7.6 billion of cash to shareowners through dividends and share buybacks".

At the same time the company is laying off workers, the board of directors approved — for the 15th year in a row — an increase to the company’s quarterly dividend. This means that people are getting laid off, but shareholders are getting a raise."

https://www.wonkette.com/p/ups-laying-off-12000-people-because

matdevdug , to random
@matdevdug@c.im avatar

The thing about that people who haven’t been through it often don’t understand is that morale never recovers. The employees who remain will never have the same relationship with that company, bosses or peers.

Watching people you respect pack their stuff and crying on the phone with their spouses is something that never goes away. When I survived a layoff in my 20s I became a “do exactly what the ticket says” person. I stopped suggesting ideas, providing feedback, believing anything a manager told me.

If you are a company considering layoffs, especially a profitable company, you should approach it as “this department will have 100% turnover”. The second I got another job offer I left that company and six months later nobody who had been there at the time of layoffs remained.

I’ve seen that pattern play out multiple times.

_L1vY_ , to random
@_L1vY_@mstdn.social avatar

It's creeping me out seeing this massive wave of across every genre of because not only is it distressing for people to lose their jobs, but because I know what the journos are being replaced with. In a scary high-stakes election year.

The_Tim , to random
@The_Tim@mastodon.social avatar

are such BS. If things are going so badly at a company that they truly need to eliminate hundreds of jobs, then the VERY FIRST person that should get the axe 🪓 is the CEO that got the company into that situation.

But the CEO almost never gets fired in a layoff, even when they've been so bad at their job that the company has multiple rounds of layoffs.

Haste , to random
@Haste@mastodon.social avatar

I sat off-screen and listened to a peer's at a major company last week. I didn't even work there, and even with that distance, I am astounded and disgusted at the state of this industry, and the spinelessness of the proceedings.

If you haven't experienced one yet, let me tell you the playbook.

alice , (edited ) to random
@alice@lgbtqia.space avatar

Update: Since this post is getting attention again, I should probably let everyone know that I got by a nice little AI company about two months ago 👩🏻‍🎤 thank you all for helping make that possible, and I'm sorry for blowing up your timelines with this update 🤪

Well, the company I work(ed) for just folded. Poof! 💩⛈️.
No notice, no severance, no nothing. 🤬

So I'm asking for boosts and leads. If anyone needs someone who knows data, please reach out.

I'm located in Seattle, WA. Remote preferred.

Last few titles include: CDO, Head of Data, and Sr. Operations Analyst.

I've worked in gaming, fintech, and B2C/C2C marketplaces most recently.

I'm proficient in Python, SQL, statistics, team management, (almost) all things data-related, and a host of other stuff.

I'm opinionated and anti-capitalist, but I also routinely bring in multiple times my department's cost in profits for the companies I work for.

I'm also hella nice (despite my RBF) and easy to get along with.

God, pitching myself is so awkward.

That's the toot. Thanks.

💜💜💜
Edit: I wanted to say thank you to everyone who is sharing this and a huge thank you to everyone who has reached out with encouragement and leads. This community is amazing.

Edit 2: I'm going through all the replies I got, and will reach out to a lot of you soon. I've just finished updating my resume and LinkedIn.

I realize that I'm going to have to give up some of my anonymity when I respond to people, so I'd really appreciate it if anyone I send my resume or LinkedIn profile to could keep my work and personal life separate. Thank you.
💜💜💜


Gif is of parent company explaining our off-boarding process

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