Again the media and this board is sounding the alarm bells on layoffs, this time for Google, Snap and Zillow. Zillow = 23 roles cut. Snap = 20 product managers cut. Google = “small number of roles in a team of hundreds of employees” = probably under 100 employees at worst. These cuts are all over the news (see screenshot). What am I missing? This seems completely overblown and ridiculous.
Small stealth layoffs getting called out is not a bad thing.
It needs more coverage. Everyone is doing silent layoffs with no statement whatsoever.
There needs to be a serious investigation into silent layoffs and laws enacted to protect people from reorganizations and PIP cultures with mandatory URA quotas. Every tech company has brutally declined in culture all at once and is effectively upending the good will they’ve built with tech workers over the years just to appease Wall Street. It also doesn’t help that these layoffs come around the holiday season, where people are winding down for the holidays and don’t want to be jobless for the rest of the year until next year when hiring picks up. TC: 105K
Hey media companies need to make money. How else are they going to get more ad clicks/revenue. User engagement doesn't just grow from trees. I like how the headlines don't mention numbers at all, where earlier in the year they knew the real numbers were good enough of clickbait on their own.
You're next
True. This round of layoff was exaggerated in the media
I’m glad attention is being brought to it atleast. It hopefully makes companies think 2x about cutting roles.. without the bad publicity I hate to think how quick companies would be to cut roles
True. They should get flak for it. But this is just confirming to me that the media warps the state of the job market for those of us that this directly affects and that this board needs to account for that when making job market claims based on news and articles. The media is never going report on hiring sprees, for eg.
I dont think you understand how this works. Did you not learn anything? Getting attention about layoffs is what companies want. Stock goes up. That is why msft, goog and fb announced mass layoffs even when there was no change to their revenue or profit. It was to bump the stock price back up.