Did you know in Japan they have laws around doing layoffs? They require the company to try every other avenue before being allowed to lay people off as a last resort. That includes dramatically reducing the pay of executives before they can prove they are in actual dire straits and can legally let people go
I was one of the 400 people laid off from Okta last Thursday, and one of the ways I’m keeping busy is writing a series of articles on surviving layoffs (this is my 5th!) and what I’m doing. Follow me on my new adventure!
The company behind social media app Snapchat has announced it's cutting 10 percent of its global workforce, around 500 employees. CNBC has the details:
Since am seeing a new wave of people in the #tech industry being laid-off; presumably without severance packages of any sort, here is a reminder of what you need to do regardless of how easy you think you will land another job; and no matter how big is your savings account:
YOU NEED TO GET THE #UNEMPLOYMENT BENEFITS YOU PAID FOR
so go thru this thread I posted in December and read the comments:
Hey y’all! Just got hit with an acute case of #layoffs. My entire team at Okta was laid off (including yours truly), and a few sibling teams were sacked as well; dozens of people I used to work with, gone in a day. Still processing it all.
If you know of a good company looking for a solid Software Engineer (Node, JS/TS, Tailwind, edge, k8s, CI/CD, you name it), please let me know.
"UPS announced this week that they will be laying off 12,000 people, approximately 2.4 percent of their global workforce...
As you may recall, UPS drivers won a hard fought battle earlier this year for higher wages and less batshit working conditions so they don’t die of heat stroke.
Is the company truly suffering? Well, no. It still had an adjusted operating profit of $9.9 billion... they “returned $7.6 billion of cash to shareowners through dividends and share buybacks".
At the same time the company is laying off workers, the board of directors approved — for the 15th year in a row — an increase to the company’s quarterly dividend. This means that people are getting laid off, but shareholders are getting a raise."
If you worked in the media industry for the last three decades, the fear of layoffs was a constant. Yesterday's spectacular implosion of The Messenger is just the latest example.
Frankly, it's all rather depressing. With fewer reporters and media outlets, more governments and companies are operating in the dark. Who knows what important stories are left untold? What terrible wrongdoings uncovered? Our public is less informed, which threatens our democracy.
I don't have a solution but it seems clear we need to rethink our entire model of an independent press and the role it plays in society.
Anybody out there looking for an ML or software engineer with >30 years total experience and ~20 years in the industry?
I have extensive experience with #Python and #ML frameworks, particularly #TensorFlow, and I've worked on #NLP and #ImageProcessing both in the workplace and in personal open source projects. My resume is available here:
And some disquieting news: "Chief executive Carol Tomé said ... the firm was investing in artificial intelligence (AI) as it pushes to become more efficient."
:quotesL: Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that? :quotesR:
This has to be the dirtiest trend I've seen. It's the indiscriminate hiring and the indiscriminate firing of people. Companies bloating themselves when they need something and throwing the tissue (metaphorically speaking) away when they're done, as if families aren't being affected.
The opening weeks of 2024 were rough on tech workers, as nearly 25,000 lost their jobs. Executives justified 2023’s mass layoffs by citing the pandemic hiring binge. But what’s driving this latest round of misery for workers? NPR explains. https://flip.it/mYrMHh #Tech#Layoffs#Technology#TechnologyNews