Results seem to be great, so why are we still cutting people? If layoffs are happening while the numbers are good, it makes you wonder how bad things would get for employees if results actually started slipping.
20 replies (most recent on top)
Because of over spending omalk the offshore vendors. Non stop over spending and nobody is getting more customers
We have to pay for the used AI tokens somehow :)
@q2, what team did he lead? Like a lot of these new leaders: we don't know where they came from; what their actual accomplishments are; or why they are being promoted?
@j7 He used to be a good leader and seemed to genuinely care about people. Either he is a really good actor or those above him finally broke him down.
@j7 The Salem All-Hands was absolutely batshit crazy. They were obviously told to be extra energetic to try to boost Srini’s image, as he is a miserable failure. These so-called “leaders” then used that enthusiasm to talk about absolutely nothing and to silence any real employee concerns. They should not be trusted under any circumstances.
@gb Yes. Cut all the US workers, and outsource to Hyderabad where the cost per person is about 50% less than in the US. Problem is you'll have to do twice the work because the output is so awful.
@gp Don't day drink and post.
Crazy how tone deaf these leaders are too! Yesterday's all hands Salim rudely dismissive of workforce concerns and telling workers to use AI or be replaced by someone who will. Doom Loop Rolls On.
AI isn't free! Need to cut something to pay for it.
@fr Less of both
Because they are greedy pieces of sh-t whose god is money.
Thanks to several tech companies, the expectations from Wall Street is crush quarterly profit goals. Our board will squeeze everywhere constantly until there is nothing left.
Still needed but they should ask for volunteers
@a5 Srini made 35.4m last year for being groomed to be CEO... so he made the average persons salary at T-mobile in like 3 hours
Greed, no loyalty, no respect, incompetent leadership.
@aa good thing T-mobile is a marketing company
@OP This is why. AI is changing what jobs are actually needed and restructuring is happening across all big Tech organizations.
https://timesofindia.indiatimes.com/technology/tech-news/meta-is-laying-off-8000-employees-this-month-and-ceo-mark-zuckerberg-has-a-clear-message-for-staff-we-are-streamlining-teams-so-they-arent-bigger-than/amp_articleshow/131009667.cms
Because it’s fun to fire people & disrupt their life’s.
Any other questions?
"why are we still cutting people?"
The money for the ever-increasing executive compensation packages has to come out of somewhere.
@OP where else are they doing layoffs??