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The New Coffee Room

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  3. Freezes and layoffs

Freezes and layoffs

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  • HoraceH Horace

    I wonder if some of the laid off folk are ex-journalists who learned to code.

    George KG Offline
    George KG Offline
    George K
    wrote on last edited by George K
    #12

    @Horace said in Freezes and layoffs:

    I wonder if some of the laid off folk are ex-journalists who learned to code.

    Fgwv-x6WQAECDuv.jpeg

    Fgz0mp6XwAAZx8z.jpeg

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

    1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by
      #13

      Because Biden Administration = Twitter Employees???

      Seems like a bad case of outgroup homogeneity bias.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      AxtremusA 1 Reply Last reply
      • jon-nycJ jon-nyc

        Because Biden Administration = Twitter Employees???

        Seems like a bad case of outgroup homogeneity bias.

        AxtremusA Away
        AxtremusA Away
        Axtremus
        wrote on last edited by
        #14

        @jon-nyc said in Freezes and layoffs:

        Seems like a bad case of outgroup homogeneity bias.

        Is there a way to say this with smaller words?

        George KG HoraceH 2 Replies Last reply
        • AxtremusA Axtremus

          @jon-nyc said in Freezes and layoffs:

          Seems like a bad case of outgroup homogeneity bias.

          Is there a way to say this with smaller words?

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #15

          @Axtremus said in Freezes and layoffs:

          @jon-nyc said in Freezes and layoffs:

          Seems like a bad case of outgroup homogeneity bias.

          Is there a way to say this with smaller words?

          More than 50% of those words are 1 syllable.

          8/9 are two syllables or less.

          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

          1 Reply Last reply
          • AxtremusA Axtremus

            @jon-nyc said in Freezes and layoffs:

            Seems like a bad case of outgroup homogeneity bias.

            Is there a way to say this with smaller words?

            HoraceH Offline
            HoraceH Offline
            Horace
            wrote on last edited by
            #16

            @Axtremus said in Freezes and layoffs:

            @jon-nyc said in Freezes and layoffs:

            Seems like a bad case of outgroup homogeneity bias.

            Is there a way to say this with smaller words?

            Trump supporters are all self hating culture soldiers who love Trump because he smites those they would like to smite.

            Biggest word there is supporters.

            Education is extremely important.

            1 Reply Last reply
            • George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #17

              Disney

              Chief Executive Bob Chapek announced Friday company-wide cost-cutting measures and told division leaders that layoffs are likely, according to an internal memo viewed by the Wall Street Journal.

              The austerity measures, which include a ban on all but essential work travel and a freeze on new hires for all but a few critical positions, come days after Disney reported lackluster quarterly earnings and a $1.5 billion quarterly loss at its streaming business, significantly wider than Wall Street analysts had predicted.

              In the memo, which was addressed to all executives at the senior vice president level or above, Mr. Chapek said a task force, led by Chief Financial Officer Christine McCarthy and general counsel Horacio Gutierrez, would review marketing, content and administrative spending across the entire company and recommend cuts.

              “I’m fully aware this will be a difficult process for many of you and your teams,” Mr. Chapek said in the memo. “We are going to have to make tough and uncomfortable decisions.”

              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

              CopperC 1 Reply Last reply
              • George KG George K

                Disney

                Chief Executive Bob Chapek announced Friday company-wide cost-cutting measures and told division leaders that layoffs are likely, according to an internal memo viewed by the Wall Street Journal.

                The austerity measures, which include a ban on all but essential work travel and a freeze on new hires for all but a few critical positions, come days after Disney reported lackluster quarterly earnings and a $1.5 billion quarterly loss at its streaming business, significantly wider than Wall Street analysts had predicted.

                In the memo, which was addressed to all executives at the senior vice president level or above, Mr. Chapek said a task force, led by Chief Financial Officer Christine McCarthy and general counsel Horacio Gutierrez, would review marketing, content and administrative spending across the entire company and recommend cuts.

                “I’m fully aware this will be a difficult process for many of you and your teams,” Mr. Chapek said in the memo. “We are going to have to make tough and uncomfortable decisions.”

                CopperC Offline
                CopperC Offline
                Copper
                wrote on last edited by Copper
                #18

                @George-K said in Freezes and layoffs:

                Disney reported lackluster quarterly earnings

                The Disney headlines for the last 6 months have mostly been about outrageous price increases at the theme parks.

                And most of the stories seem to say that even though the prices are outrageous, business is booming.

                I guess the woke is expensive.

                1 Reply Last reply
                • LuFins DadL Offline
                  LuFins DadL Offline
                  LuFins Dad
                  wrote on last edited by
                  #19

                  Meh, the business model for Disney + called for losing billions in 2022 and 2023 as they built the platform and invested billions in creating exclusive content. This quarter wasn’t a surprise but was the plan. By 2024 it should be profitable.

                  My bet is that the hiring freezes and potential layoffs are more due to other factors and losses.

                  The Brad

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by George K
                    #20

                    Amazon's not freezing corporate workers, they're laying them off:

                    Amazon Inc. is preparing layoffs that could total about 10,000 workers as the company continues a broad cost-cutting review led by Chief Executive Andy Jassy, a person familiar with the matter said.

                    The tech company’s layoffs, which could begin as soon as this week, are targeted for corporate employees and could primarily affect Amazon’s devices business, which includes its hit Alexa products, as well as human resources and retail, the person said. The retail unit has been the primary organization that has had to respond to a slowdown of sales this year.

                    Amazon has separately already started laying off contractors working in recruiting, who in the past few weeks were told that their assignments were abruptly ending, according to other people. The additional planned layoffs at Amazon are among its full-time employees.

                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                    LuFins DadL George KG 2 Replies Last reply
                    • George KG George K

                      Amazon's not freezing corporate workers, they're laying them off:

                      Amazon Inc. is preparing layoffs that could total about 10,000 workers as the company continues a broad cost-cutting review led by Chief Executive Andy Jassy, a person familiar with the matter said.

                      The tech company’s layoffs, which could begin as soon as this week, are targeted for corporate employees and could primarily affect Amazon’s devices business, which includes its hit Alexa products, as well as human resources and retail, the person said. The retail unit has been the primary organization that has had to respond to a slowdown of sales this year.

                      Amazon has separately already started laying off contractors working in recruiting, who in the past few weeks were told that their assignments were abruptly ending, according to other people. The additional planned layoffs at Amazon are among its full-time employees.

                      LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote on last edited by
                      #21

                      @George-K said in Freezes and layoffs:

                      Amazon's not freezing corporate workers, they're laying them off:

                      Amazon AMZN -2.28%decrease; red down pointing triangle.com Inc. is preparing layoffs that could total about 10,000 workers as the company continues a broad cost-cutting review led by Chief Executive Andy Jassy, a person familiar with the matter said.

                      The tech company’s layoffs, which could begin as soon as this week, are targeted for corporate employees and could primarily affect Amazon’s devices business, which includes its hit Alexa products, as well as human resources and retail, the person said. The retail unit has been the primary organization that has had to respond to a slowdown of sales this year.

                      Amazon has separately already started laying off contractors working in recruiting, who in the past few weeks were told that their assignments were abruptly ending, according to other people. The additional planned layoffs at Amazon are among its full-time employees.

                      At least they aren’t ending the free lunch provided to current employees…

                      The Brad

                      1 Reply Last reply
                      • George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #22

                        3HLWqYW.jpg

                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                        1 Reply Last reply
                        • AxtremusA Away
                          AxtremusA Away
                          Axtremus
                          wrote on last edited by Axtremus
                          #23

                          https://www.theguardian.com/us-news/2022/nov/26/united-furniture-industries-fires-workers-asleep

                          2700 workers fired by text overnight by United Furniture Industries (UFI), a furniture company based in Mississippi, before Thanksgiving.

                          1 Reply Last reply
                          • George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #24

                            Microsoft Lays Off 10,000

                            Microsoft Corp said it was laying off 10,000 employees, becoming the latest tech titan to announce an additional round of cuts amid concerns about the health of the global economy.

                            Chief Executive Satya Nadella said in a blog post to employees that the layoffs would affect less than 5% of the company’s global workforce.

                            —Updates to follow as news develops.

                            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                            1 Reply Last reply
                            • HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote on last edited by
                              #25

                              1 in 20 jobs across a company of that size, is huge.

                              Education is extremely important.

                              1 Reply Last reply
                              • George KG George K

                                Amazon's not freezing corporate workers, they're laying them off:

                                Amazon Inc. is preparing layoffs that could total about 10,000 workers as the company continues a broad cost-cutting review led by Chief Executive Andy Jassy, a person familiar with the matter said.

                                The tech company’s layoffs, which could begin as soon as this week, are targeted for corporate employees and could primarily affect Amazon’s devices business, which includes its hit Alexa products, as well as human resources and retail, the person said. The retail unit has been the primary organization that has had to respond to a slowdown of sales this year.

                                Amazon has separately already started laying off contractors working in recruiting, who in the past few weeks were told that their assignments were abruptly ending, according to other people. The additional planned layoffs at Amazon are among its full-time employees.

                                George KG Offline
                                George KG Offline
                                George K
                                wrote on last edited by
                                #26

                                @George-K said in Freezes and layoffs:

                                Amazon's not freezing corporate workers, they're laying them off:

                                Amazon Inc. is preparing layoffs that could total about 10,000 workers as the company continues a broad cost-cutting review led by Chief Executive Andy Jassy, a person familiar with the matter said.

                                Not 10,000.

                                18,000.

                                https://www.bloomberg.com/news/articles/2023-01-18/amazon-is-set-for-new-round-of-job-cuts-affecting-18-000-people?leadSource=uverify wall

                                Amazon.com Inc. has started its biggest-ever round of jobs cuts — a culling that will ultimately affect 18,000 workers around the globe.
                                Amazon began notifying employees by email early Wednesday, Doug Herrington, the company’s worldwide retail chief, said in a memo. He said the company aimed to communicate with all laid-off workers in the US, Canada and Costa Rica by the end of the day. Notifications in China will be sent after the Chinese New Year, and in other regions the company must consult with employee representatives before finalizing layoffs.
                                The world’s largest e-commerce company is grappling with slowing online sales growth and bracing for a possible recession that could affect the spending power of its customers. Microsoft Corp. announced it was cutting 10,000 jobs Wednesday, becoming the latest in a long line of tech companies to trim its ranks.
                                Herrington said Amazon’s cuts were part of an effort to lower costs “so we can continue investing in the wide selection, low prices and fast shipping that our customers love.” He said the company would “continue investing meaningfully” in growth areas including groceries, Amazon’s business-to-business sales program, services for third-party sellers and healthcare.
                                The eliminations started last year and initially fell hardest on Amazon’s Devices and Services group, which builds the Alexa digital assistant and Echo smart speakers. The latest round will mostly affect the retail division and human resources.
                                While the cuts represent only about 1% of the total workforce, which includes hundreds of thousands of hourly warehouse and delivery personnel, they amount to about 6% of Amazon’s 350,000 corporate employees around the globe.

                                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #27

                                  Google/Alphabet - 12,000 jobs cut.

                                  https://www.nytimes.com/2023/01/20/business/google-alphabet-layoffs.html?te=1&nl=from-the-times&emc=edit_ufn_20230120

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  jon-nycJ 1 Reply Last reply
                                  • JollyJ Offline
                                    JollyJ Offline
                                    Jolly
                                    wrote on last edited by
                                    #28

                                    Salesforce is laying off 8000...

                                    “Cry havoc and let slip the DOGE of war!”

                                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                    1 Reply Last reply
                                    • JollyJ Offline
                                      JollyJ Offline
                                      Jolly
                                      wrote on last edited by Jolly
                                      #29

                                      Goldman Sach's is laying off something over 3000.

                                      “Cry havoc and let slip the DOGE of war!”

                                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                      1 Reply Last reply
                                      • George KG George K

                                        Google/Alphabet - 12,000 jobs cut.

                                        https://www.nytimes.com/2023/01/20/business/google-alphabet-layoffs.html?te=1&nl=from-the-times&emc=edit_ufn_20230120

                                        jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote on last edited by
                                        #30

                                        @George-K said in Freezes and layoffs:

                                        Google/Alphabet - 12,000 jobs cut.

                                        https://www.nytimes.com/2023/01/20/business/google-alphabet-layoffs.html?te=1&nl=from-the-times&emc=edit_ufn_20230120

                                        That’s cold.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        LuFins DadL 1 Reply Last reply
                                        • jon-nycJ jon-nyc

                                          @George-K said in Freezes and layoffs:

                                          Google/Alphabet - 12,000 jobs cut.

                                          https://www.nytimes.com/2023/01/20/business/google-alphabet-layoffs.html?te=1&nl=from-the-times&emc=edit_ufn_20230120

                                          That’s cold.

                                          LuFins DadL Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #31

                                          @jon-nyc said in Freezes and layoffs:

                                          @George-K said in Freezes and layoffs:

                                          Google/Alphabet - 12,000 jobs cut.

                                          https://www.nytimes.com/2023/01/20/business/google-alphabet-layoffs.html?te=1&nl=from-the-times&emc=edit_ufn_20230120

                                          That’s cold.

                                          Holy Crap…

                                          Elon Musk starting to look a little better?

                                          The Brad

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