Citigroup https://www.theguardian.com/business/2024/jan/12/citi-bank-layoffs-earnings
NBC News https://internewscast.com/news/nbc-news-layoffs-1235716799/
Universal Music https://www.bloomberg.com/news/newsletters/2024-01-14/universal-music-layoffs-record-labels-need-a-new-growth-story
Xerox https://www.cnbc.com/2024/01/03/xerox-layoffs-company-to-cut-15percent-of-workforce.html
Stellantis https://www.wsws.org/en/articles/2024/01/09/lgoh-j09.html
Twitch (Amazon Livestreaming) https://www.reuters.com/technology/amazons-twitch-lay-off-35-workforce-bloomberg-news-2024-01-09/
Google https://www.usatoday.com/story/money/2024/01/16/google-layoffs-ad-sales/72244648007/
Disney https://tbivision.com/2024/01/15/disney-owned-pixar-braces-for-further-layoffs/
BlackRock https://www.cnn.com/2023/01/11/investing/blackrock-layoffs/index.html
Other companies laying off 2023-2024 https://techcrunch.com/2024/01/11/tech-layoffs-2023-list/
Did I hear some anon said suicide weekend is after the layoffs?
The top 100 companies in the US hired 300,000 new people over the last 3 years. 96% of those hires were non white. I wonder who they are laying off?
Well, if recent news is any indicator, they're going to focus on firing white people first.
Good, I like what happens when a bunch of unemployed white people have nothing better to do, things get spicey real fast.
Oh man, as soon as they fire the working class, holy shit is the company gonna burn like a summer of love
All the sheep that took jabs to keep jobs are getting laid off.
So they don't have to pay insurance and death severance. You got it most likely.
Yep. I said this during COVID that companies would do this. Wish more people stuck to guns and got fired and did lawsuits.
Too many people quit or the took the jabs and will be out of work with health issues.
Yes. It's rather sad.
You know who.
Also, none of the ones that made the retarded decisions to hire so many are fired.
Not even the new hires are fired.
Hint, hint.
You think the diversity will be kept. The whole company will probably collapse then!
Diversity WILL be kept, never doubt it.
Those companies have enough inertia to keep going for a while.
Probably the same people who were hired based on diversity.
However, they will be the last to be let go, because “equity”. Performance doesn’t matter, longevity doesn’t matter, content of character doesn’t matter. Minority status is all that matters
Clown 🤡 world
but also only in white-majority countries. any country where whites are not the majority doesnt give a shit about minorities
S Africa wants to hunt, rape and murder their minorities- but since those minorities are White, it’s apparently ok
The fact that the Blacks have no clue how to grow food, run a business, actually create wealth doesn’t matter - because White supremacy or something
We are living in a clown world for sure.
Not really.
I wouldn't be surprised in the slightest, but where did you get that number?
I hope Amazon goes flate broke!
I agree with you, maybe for different reasons, but for me it would be nice to go to stores to shop instead of on line for everything. I don't know for sure what the shortage is at the stores, I know it was the supply chain early on, but now what is going on. Are stores carrying less merchandise because of theft and everyone shopping on line? Or is it some other reason? I was at Lowe's and they told me the item I was trying to buy wasn't sold by them anymore the best way to get it would be to go on line and purchase it. I wondered to myself, do they know they are putting their jobs at risk (or at least the managers of Lowe's was, maybe the district managers, or corporate).
I think the Panama Canal issues are causing a lot of supply shortages. Panama has reduced the number of ships allowed to go through each day, and they have also reduced the ships' weight limits, so there are less ships and each ship is carrying less cargo.
I agree with you, i’d rather shop in public to if I can. I mean shopping online is nice but going to an actual store and feeling the merchandise is a whole lot better 👍
Amen. Amz, Microsoft, Disney, Pixar....list go on.
Here’s hoping Microsoft goes under eventually and an upcoming hostile takeover happens? Would be nice.
Yes it would be great.
"Controlled Demolition"
It will be a dark winter for some. I hope everyone is prepared.
Hope so
Many larger companies, like mine, now have "unlimited" vacation time. TAKE ALL THE TIME OFF YOU WANT - as long as your manager agrees. No vacation time accrual, yet we still need to report the time we take off. But now if you get laid off, there's no extra pay from unused, accrued, vacation time. People are much more expendable now.
Not being required to pay out unused vacation time is a drop in the bucket for employers, and isn't the real reason behind them pushing "unlimited" vacation time policies.
The actual reason is that unlimited vacation time is proven to lead your employees to take less vacation overall, while also giving them the illusion of autonomy, making them more productive. Employees who are given two weeks vacation will always take the two weeks. Employees who are given unlimited, will worry they're being too greedy if they take two weeks.
This. It's a scam. Those who take very little vacation will be getting bigger raises and promotions. It's the illusion of freedom. You are still a modern day slave.
I agree. It's not a "scam" necessarily, depending on your employer. I know I've had employers in the past who genuinely only cared about what you produced, not the hours you worked. You could take a week of vacation every month, but as long as you're still providing adequate value, you'll still be promoted. But then I've also been at employers (not for very long, because I won't stick around) where they value your time sitting at your desk more than anything else.
Most shitty employers in modern times are the latter. The reality is that most employees today are actually worthless and don't provide any real value, so the only metric that can really be used to who gets promoted and who doesn't is who has the most seat time. Moreover, seat time is one of the only truly objective things, which makes HR happy as their only priority (besides ulterior motives to further personal bias) is to prevent employment lawsuits. It's actually very hard to objectively measure an employee's value/performance in a way that is easily explained to HR (and thus to a judge or jury). You can't go by lines of code written. You can't go by how optimized a given piece of code is. There is so much more nuance to it.
With all of that said, start your own business. You'll still have only an illusion of true freedom, possibly even more so, but you're that much closer. If you start a business, you'll quickly find that you're at the mercy of Amazon, or your website host, or your government, or someone else. Ultimately, it is very difficult, if not impossible, to be truly free.
Of you dont have hours accrued how do you take vacation? You won't get paid. Who can afford to not get paid?
Unlimited vacation typically refers to employers who offer unlimited paid time off. It's a very common thing for the reason I listed.
If you are referring to unlimited unpaid time off, then we're talking about different things. Unlimited unpaid time off is only commonly seen in very low-tier jobs, like fast food and retail, where the employees are readily expendable. It's more "flexible scheduling" than anything else.
My company is not giving me vacation because not enough workers
They look like woke companies to me. Maybe they are clearing out their dead weight that doesn't do actual real work that helps the bottom line.
They can all go bye bye so they cannot run off to Davos and talk about how to be our masters.
The hopium is that these lay-offs will be the diversity hires. The reality is that these lay-offs will be the remaining whites.
The hopium is that laying off the only people doing a decent job at developing the product will cause the business to tank and a more ethical business to take marketshare. The reality is that the actual product no longer matters to consumers, all that matters is brand recognition and marketing.
The hopium is that laying off the only people who are competent marketers, who are smart enough to employ all the borderline unethical marketing tactics, will cause the business to fade into obscurity. The reality is that the real marketing comes from the media and recognition by the government.
The hopium is that filling high level positions in the media and the government with diversity hires and elects will cause them to lose power. The reality is that these positions are only puppets to the real people pulling the strings, and those people will never be replaced with diversity hires.
I will keep to the hopium.
I recommend watching the WARN databases. Major corporations have to report layoffs of a certain size (dependent on state laws).
Often this layoff information must be legally reported several months in advance, and isn't a reactive database like VAERS is.
I second this!!! Sometimes it gets in there before employees have been told!
Edit to add sauce: https://esd.wa.gov/about-employees/WARN
Oh thank you so much for this.
Thank you.
Any company announcing more than a 5% staff layoff... should be barred from giving ANY executive bonuses that year.
I one hundred percent agreed.
Suicide week is completely different.
It’s when DS players en masse realize they’re completely fooked and weigh their options against the alternative.
so not the normies who got laid off and couldn't see a way out. Got it. Thanks.
You got it fren!
From the first link (Guardian) about Citigroup:
It came as JPMorgan Chase, America’s third biggest bank, reported its best-ever annual profit despite a charge in the last quarter to top up a US government deposit insurance fund in the wake of the failure of several regional lenders, including Silicon Valley Bank, last year.
What's the difference between third largest and third biggest?
Wall Street has always loved companies that let a bunch of people go. They'll give them a stock bump every time. Usually the bump is temporary and soon they will be demanding another round of cuts. The financial sector is full of these POS that prey on the working class and small time investors.
Must be written by one of those DEI hires.
I'm sure it's a retarded typo. Citi is indeed the third largest bank in the US. JPMorgan Chase is the largest bank in the US.
LOL. Clown writing.
Silly, everyone knows largely is bigger than bigly by at least two orders of sizitude 🤣
Does anyone see AT&T on any list?
Only list I saw with AT&T was on WEF
As the sheep fall to their doom, they will still complain and mock at why they see others not falling with them.
Some will be praying as they fall, some will be cheering, some will thanking God they repented, many will be thinking of the future and how to rebuild. This will be the good side. The evil side will be wanting more sheep to slaughter.
Hope they thank God and repent
I wonder if AI is now so good that these workers are no longer needed?
I think they are running out of money when the printers got moved into the treasuries