Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is “seeking a price of between $750 million and $1 billion in a sale.”
The movie that comes to mind for me is Matango. It’s a 1963 Japanese horror film by Ishirô Honda (the director of the Godzilla movies) that IMDb describes as “Shipwrecked survivors slowly transform into mushrooms.”....
In March a farm worker who reported no contact with sick or dead birds, but who was in contact with dairy cattle, began showing symptoms in the eye and samples were collected by the regional health department to test for potential influenza A. Experts have now confirmed the first case of highly pathogenic avian influenza...
Just like the '70s, Detroit wants to build enormous energy-dense cars, while automakers from another Asian country come in and sell what the market demands.
Expect US automakers to blame unions when they face another round of bankruptcies and begin demanding government bailouts.
The place I work has had an amazing 5~10 years. Constantly surpassing prior revenue “far and beyond what we expected”. And yet, annual raises are capped at 3%. No matter how well the company is doing, nobody gets a raise higher than 3%. 7% inflation? Fuck you, here’s 3%. Management wildly speculates about the coming year, and misses targets? Fuck you, here’s 1.5%. Sure, the company grew wildly last year, but not as wildly as they predicted, and they just can’t afford raises this year.
Coupled with all this growth meant a hiring spree. As the company grew, it seemed like there were always new faces walking around.
Then, the rug pull. Their #1 customer (about 50% of the business) announced they wouldn’t buy anything in 2024. Management found out in September. Before announcing anything, management forces everyone to sign a non-compete agreement. Nobody is allowed to go to work for a competitor, supplier, partner, customer, or start a new business in the same sector for 2 years after leaving the company. The agreement is filled with scary clauses such as forcing the ex-employee to pay all of the company’s legal fees in the event of a disagreement.
Once everyone signs (a few people left instead of signing), they announce the loss, and say that a lot of people will lose their job in 6 weeks. December 23rd. Christmas. This is painted as the CEO being generous in letting everyone know ahead of time, so they can make arrangements. Actually, it’s their legal obligation (look up the WARN act).
Remember that surge in hiring? Some of those people had only been with the company a few months. Some of them came from our competitors. Suddenly, they’re out of a job, plus they just signed an agreement that’s going to probably force them to move to get another one.
Yes, I know, non-competes are generally unenforceable, but that’s not the purpose. Because they’re not enforceable, they’re written to scare employees into not testing the company’s resolve if they ever leave or are fired. Someone suddenly out of work usually won’t take on that risk.
So yes, I’m a little radical now. I don’t hide it, I’m the “office socialist”. And I found out I’m not alone.
This goes into effect September 4, 2024. Employers with existing non-compete agreements must post the notice on page 163 (38504). After that date you may accept a job offer from anybody, including a direct competitor, and not worry about violating any non-compete agreement.
The company I work for lost a MAJOR customer last fall. Management panicked, and rushed everyone to sign a non-compete agreement. Only after getting all the agreements signed did they let everyone know what had happened, and that there would be massive layoffs.
Fucking psychos had just gone through a huge hiring phase. Some new employees had only been there a matter of months before finding out they would lose their job, and wouldn’t be able to get a new one in the same industry unless they waited two years.
I’ve already had this argument with people I work with. It doesn’t matter if a non-compete is enforceable or not. They’re meant to demoralize and demotivate employees so they stay with the company at low pay. Someone that has just lost their job isn’t going to risk a potentially life-destroying lawsuit.
I know they would sue, because the process is the goal, and they have deeper pockets than I do.
Futuristic beach (lemmy.ca)
If you were a video game boss, what's the most likely or most fitting way the protagonist may beat you?
Sony Pictures Explained (i.imgur.com)
Relevant article: Why 'Kraven The Hunter’s Release Date Moved to December
Humane AI Pin is a disaster: Founders already want to sell the company (arstechnica.com)
Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is “seeking a price of between $750 million and $1 billion in a sale.”
Microplastics found in every human testicle in study (www.theguardian.com)
Sovcit needs some help. (lemmy.world)
What is your favorite PG rated horror movie?
The movie that comes to mind for me is Matango. It’s a 1963 Japanese horror film by Ishirô Honda (the director of the Godzilla movies) that IMDb describes as “Shipwrecked survivors slowly transform into mushrooms.”....
‘Mean Girls’ Party Barred Server Due to Weight, Suit Alleges (www.thedailybeast.com)
Rick and Morty should do a crossover with The Peanuts.
Free-range peacock, Detroit zoo (midwest.social)
First case of highly pathogenic avian influenza transmitted from cow to human confirmed (www.sciencedaily.com)
In March a farm worker who reported no contact with sick or dead birds, but who was in contact with dairy cattle, began showing symptoms in the eye and samples were collected by the regional health department to test for potential influenza A. Experts have now confirmed the first case of highly pathogenic avian influenza...
'Happy Gilmore' Sequel in the Works From Adam Sandler (www.rollingstone.com)
Ford Cuts Battery Orders as EV Losses Top $100,000 Per Car (www.bloomberg.com)
Automaker is shifting its strategy for EVs as demand wanes...
What experience in the workplace radicalized you? (slrpnk.net)
Middle Earth enshittification (lemmy.world)
South Carolina will soon ban gender-affirming & out trans kids to their parents (www.lgbtqnation.com)
44-Foot Whale Found Dead on Bow of Cruise Ship Coming Into New York (www.nytimes.com)
Trump Posts -- Then Deletes -- Rant About Stormy Daniels Testifying (www.rollingstone.com)
FTC Non-compete rule published in Federal Register (www.govinfo.gov)
This goes into effect September 4, 2024. Employers with existing non-compete agreements must post the notice on page 163 (38504). After that date you may accept a job offer from anybody, including a direct competitor, and not worry about violating any non-compete agreement.
FAA opens new Boeing probe after company admits it may have skipped some inspections (www.independent.co.uk)