Tag Archives: layoffs

[unable to retrieve full-text content]Google workers in Japan have joined a labor union in response to planned layoffs  Engadget Source link

[unable to retrieve full-text content]Big Tech layoffs: What companies such as Dell, Amazon, and Meta all have in common  Yahoo Finance Source link

There’s nothing more detrimental to the productivity of a workplace than watching trusted colleagues get escorted out of the building amid a mass reduction in force. And with that vibe currently playing out in Big Tech, experts warn job cuts could damage the very fabric of these once-untouchable highly creative institutions. “I think these companies got carried away with overhiring, and they were not careful, and they just hired willy-nilly, and now they’re facing huge layoffs,” Bill George,… Source link

Don’t expect a mass layoff announcement from Apple (AAPL) despite global economic weakness weighing on iPhone and Mac sales, says Wedbush tech analyst Dan Ives. That’s in large part because Apple CEO Tim Cook didn’t overhire during the pandemic, unlike many of Apple’s rivals. “Apple never hired at the pace of these other tech giants,” Ives said on Yahoo Finance Live (video above). “You’ll see cost-cutting around the edges, but Cupertino — I mean, they’re tacticians…I think it just shows… Source link

Google has made impressive inroads against cloud leader AWS by aggressively open sourcing projects such as TensorFlow and Kubernetes. It’s true AWS makes more money than Google (or anyone else) by operationalizing this open source code, but Google’s open source strategy continues to deliver impressive dividends. That’s why it’s so baffling that the company has laid off some of its best and brightest in open source. People like its longtime open source… Source link

Google has made impressive inroads against cloud leader AWS by aggressively open sourcing projects such as TensorFlow and Kubernetes. It’s true AWS makes more money than Google (or anyone else) by operationalizing this open source code, but Google’s open source strategy continues to deliver impressive dividends. That’s why it’s so baffling that the company has laid off some of its best and brightest in open source. People like its longtime open source… Source link

Between them, some of the world’s biggest tech companies have collectively laid off more than 150,000 workers in recent months. The businesses involved have put forward a variety of reasons for why this was necessary, which mostly come down to a need to reduce costs as economic growth slows down around the world. The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon Adobe Stock In truth, it isn’t likely to be because the companies involved need money. Microsoft,… Source link

In the case of good employees who are being let go through no fault of their own, those conversations benefit the employer, too, because people remember how they’re treated in their lowest moments — and word spreads fast. Future hiring prospects will be reading all about it on Twitter or Glassdoor. In a tight labor market, a company’s cruelty can leave a lasting stain on its reputation. Perhaps the most appalling aspect of termination by email is the asymmetry between what corporations… Source link

Meta CEO, Mark Zuckerberg doesn’t think managers managing managers is an ideal corporate structure.Drew Angerer/Getty Images Mark Zuckerberg reportedly said managers should not be rewarded for creating larger teams. Zuckerberg reportedly said he doesn’t think a structure of “just managers managing managers” is ideal. Meta’s chief product officer Chris Cox has discussed the need to “flatten” the management structure, Command Line said. Managers managing managers managing managers managing… Source link

Meta CEO, Mark Zuckerberg doesn’t think managers managing managers is an ideal corporate structure.Drew Angerer/Getty Images Mark Zuckerberg reportedly said managers should not be rewarded for creating larger teams. Zuckerberg reportedly said he doesn’t think a structure of “just managers managing managers” is ideal. Meta’s chief product officer Chris Cox has discussed the need to “flatten” the management structure, Command Line said. Managers managing managers managing managers managing… Source link