Google lay-off again ? Is this true ?
https://www.business-standard.com/companies/news/google-gears-up-for-another-round-of-layoffs-here-s-what-ceo-pichai-says-123041101243_1.html
Google gearing up for another round of layoffs? Here’s what CEO Pichai saysGoogle layoffs: A few months ago, Sundar Pichai said that the tech giant is looking to become more efficient and is looking at every aspectBusiness Standard
Congrats to all Kroger employees
Now you are working in tier 1 company Big resume boost https://finance.yahoo.com/news/kroger-albertsons-amend-asset-sale-124043739.html?guccounter=1
Kroger, Albertsons to sell 166 more stores seeking approval of $25 billion merger(Reuters) -Kroger and Albertsons Cos are expanding their planned sale of grocery stores, offloading 166 more locations than previously agreed upon to C&S Wholesale Grocers as they work to get regulatory approval for their proposed $25 billion merger,Yahoo Finance
Google to cut 30000 jobs
Report Suggests - Job cuts probable in ad sales unit due to AI innovations https://www.livemint.com/companies/news/google-to-let-go-of-30-000-employees-due-to-new-ai-innovation-heres-what-report-suggests/amp-11703383333475.html
Google to let go of 30,000 employees due to new AI innovation? Report suggests..Google’s ad sales unit is undergoing reorganization as the company implements AI-based tools for creating and suggesting ads. This move eliminates the need for specialized employees in selling ads for specific Google services.mint
Wow. PayPal, what a shame
https://news.yahoo.com/paypal-policy-permits-company-fine-143946902.html Unreal! Boycott them! #paypal
New PayPal Policy Permits Company to Fine Users $2,500 for ‘Misinformation’A new PayPal policy update appears to authorize the company to pull a significant sum of money from the accounts of users who spread “misinformation.”Yahoo News
Elon is the biggest con artist in the tech industry
1) Layoffs 2) Fake full self driving 3) Stock pumping https://finance.yahoo.com/news/tesla-layoffs-an-ominous-sign-for-the-company-analyst-says-153652031.html
Tesla layoffs an ‘ominous sign’ for the company, analyst saysTesla has announced a large reduction in staff on the heels of a disappointing Q1 delivery report, following in the footsteps of legacy automakers and pure-play EV makers, per an internal memo.Yahoo Finance
Finallyyyyy DEI nonsense is getting over (???)
Tech companies like Google and Meta made steep cuts to DEI programs in 2023 https://www.cnbc.com/2023/12/22/google-meta-other-tech-giants-cut-dei-programs-in-2023.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior yearsAfter vocal commitments following the murder of George Floyd in 2020, DEI programs in the tech industry are in broad retreat.CNBC
Salesforce letting go 700 workers
Who is next? https://news.yahoo.com/tech/salesforce-latest-tech-company-cut-113728812.html
Salesforce is the latest tech company to cut jobs with 700 layoffs, report saysThe job cuts, which amount to about 1% of its workforce, follow a series of layoffs last year.Yahoo News
Rivian Layoff 10%; Bankruptcy
I cannot believe this company is still around. Do only losers work for this company? Months ago, I interviewed someone who was a Senior Staff Software Engineer at Rivian, I told him he is level 3 at Apple and he got offended. The fool didn't know jack shit. https://finance.yahoo.com/news/elon-mu...Read more
Elon Musk predicted EV startups Lucid and Rivian would both go bankrupt—at least one of them seems to be over the humpRivian now expects to build more than six times the number of electric vehicles that Lucid now aspires to for this year.Yahoo Finance
better.com layoffs
this company is so trash https://www.livemint.com/companies/news/bettercom-to-fire-over-250-employees-in-4th-round-of-layoff-11661507036986.html
Better.com to fire over 250 employees in 4th round of layoffApparently, a list of employee names who were to be fired on Friday (August 26) was leaked on Tuesday, August 23mint
How Apple Has So Far Avoided Layoffs: Lean Hiring, No Free Lunches -WSJ
https://www.livemint.com/companies/news/how-apple-has-so-far-avoided-layoffs-11674362598525.html
How Apple has so far avoided layoffsThe iPhone maker’s workforce grew 20% in the past three years, a far slower pace than rivalsmint
Stay Strong Satya 😭
https://www.moneycontrol.com/news/business/companies/microsoft-ceo-satya-nadellas-son-is-no-more-8177821.html
Microsoft CEO Satya Nadella’s son is no moreSatya Nadella’s son Zain was born with cerebral palsy.MoneyControl
Discord Layoffs
https://www.cnbc.com/amp/2024/01/11/discord-cuts-17percent-of-workforce-latest-tech-company-to-downsize-in-2024.html
Discord cuts 17% of workforce, joining growing list of tech companies downsizing to start 2024Discord confirmed on Thursday that it’s laying off 17% of its workforce, which equates to 170 employees, becoming the latest tech company to announce cuts.CNBC
Fake news?
https://www.livemint.com/companies/news/google-to-let-go-of-30-000-employees-due-to-new-ai-innovation-heres-what-report-suggests/amp-11703383333475.html
Google to let go of 30,000 employees due to new AI innovation? Report suggests..Google’s ad sales unit is undergoing reorganization as the company implements AI-based tools for creating and suggesting ads. This move eliminates the need for specialized employees in selling ads for specific Google services.mint
OpenAI and Microsoft aren’t happy
https://www.engadget.com/the-morning-after-openai-and-microsoft-arent-happy-111544921.html Even though Microsoft owns 49% of OpenAI, they're still two separate companies. There'll be ongoing friction with product integration. #microsoft #openai
The Morning After: OpenAI and Microsoft aren’t happy | EngadgetPlus, Toyota claims its next EV battery will have a range over 600 miles, the latest in the Reddit saga and one last hurrah for The Beatles..Engadget
Amazon, Goldman Sachs India employees flood social media with layoff news
https://www.business-standard.com/article/companies/amazon-goldman-sachs-employees-flood-social-media-with-layoff-news-123011500634_1.html
Amazon, Goldman Sachs employees flood social media with layoff newsLayoffs: Professional networking platforms, such as LinkedIn and Grapevine, were full of stories of layoffsBusiness Standard
3 day weekend announced by Google
Saw this article about 3 day weekend. https://www.indiatimes.com/trending/social-relevance/google-gives-employees-friday-off-522066.html Any other companies considering the same?
Google Just Gave Its Employees Fridays Off As 'Collective Well-Being' Holiday During PandemicTo curb this issue of employees feeling saturated with work, Google has decided to grant its workers an extra day off to avoid burnout. The company has introduced a Friday day-off as a one-time paid holiday for the "collective well-being" which will be applied to both employees and interns, reported CNBC.IndiaTimes
If you are a guy, stay away from companies with a lot of women in senior roles.
Reminds me of Yahoo where they purged the company of most male employees in leadership with Marissa Mayer. Accenture had something similar and a lot of men had to leave. Heard similar anti-male biased pip and promotion cycles in FAANG. Now this one is another company with a woman CEO. Watch your bac...Read more
Top insurance CEO announces that white male new hires must be personally signed off by herself, as part of the firm’s drive to improve diversityThere is “no non-diverse hire” at Aviva that hasn’t been “signed off by me and the chief people officer,” the blue-chip company’s CEO, Amanda Blanc, revealed.Yahoo Finance
Google tells hardware workers to find new roles
https://www.livemint.com/companies/news/google-tells-hardware-workers-to-find-new-roles/amp-1552540645381.html
Google tells hardware workers to find new roles1 min read Indo Asian News Service ( with inputs from IANS ).https://www.livemint.com
Sigh 😮💨
🇺🇲🇺🇸 https://finance.yahoo.com/news/bezos-backed-company-surpasses-100m-175917368.html 🥜
Bezos-Backed Company Surpasses $100M In Single-Family Home Acquisitions While U.S. Housing Shortage WorsensCountless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and hYahoo Finance
Hello "dumb dolphins"
Couldn’t have happened to a better company. Happy Friday. https://finance.yahoo.com/news/shares-better-com-mdash-whose-073445179.html
Shares of Better.com — whose CEO fired 900 workers on a Zoom call — slumped 95% on their first day of tradeBetter.com shares plunged at the opening bell and fell so quickly that trading was halted four times in its first 30 minutes of trade.Yahoo Finance