The Great Remorse

Thread Starter

nsaspook

Joined Aug 27, 2009
16,336
https://www.semafor.com/article/09/13/2023/google-lays-off-hundreds-on-recruiting-team
Google is laying off hundreds of people across its global recruiting team as hiring at the tech giant continues to slow. The company declined to cite what percentage of its recruiting workforce was impacted, but said that it plans to retain a significant majority. Workers who were laid off began learning their roles had been eliminated earlier today, according to posts on social media.

“The volume of requests for our recruiters has gone down,” Google spokesperson Courtenay Mencini said in a statement. “In order to continue our important work to ensure we operate efficiently, we’ve made the hard decision to reduce the size of our recruiting team. We’re supporting everyone impacted with a transition period, outplacement services, and severance as they look for new opportunities here at Google and beyond.”
 

killivolt

Joined Jan 10, 2010
836
The principal product designer lived within a 25-minute bike ride from the company's Brooklyn office but instead was required to report to one in Los Angeles, where Rosenthal's department was assigned. This doesn't make sense and there's no way this will happen, Rosenthal thought.
I would think reporting to office in Los Angles instead of a 25 minute to work Brooklyn?

I wouldn’t.

kv
 

Thread Starter

nsaspook

Joined Aug 27, 2009
16,336
https://www.tomshardware.com/news/sifive-lays-off-hundreds-of-risc-v-developers
RISC-V has become quite a popular choice for making miniature low-cost cores, but there are several companies who are working on higher-performance RISC-V-based offerings. SiFive is one of such companies offering ready-to-use designs and also making custom cores based on what customers need. But now, SiFive has laid off somewhere between 100 to over 300 employees from around 700 in mid-October. Most of these were engineers, along with some sales and product personnel. Meanwhile, the company's leaders, including CEO Patrick Little, are still there.

“In a statement sent to Tom’s Hardware late on Tuesday, SiFive confirmed that it was laying off about 20% of its employees (~ 140) from a variety of different groups.“As we identify and focus on our greatest opportunities, SiFive is shifting to best meet our customers’s fast-changing requirements by undergoing a strategic refocusing of all our global teams,” a statement by SiFive reads. “Unfortunately, with this realignment, approximately 20% of employees across all different business groups and levels were impacted. The employees are receiving severance and outplacement assistance.”
 

Thread Starter

nsaspook

Joined Aug 27, 2009
16,336
https://sfstandard.com/2023/11/30/broadcom-vmware-layoffs-palo-alto/
Longtime Tech Company Lays Off More Than 1,200 Bay Area Employees After Buyout Deal

The fears over losing remote work, at least, seem to ring true: Broadcom CEO Hock Tan announced this week, according to an audio recording obtained by the Silicon Valley Business Journal, that “remote work does not exist at Broadcom.” Employees within 60 miles of a Broadcom office must come into the office.
 

Papabravo

Joined Feb 24, 2006
22,083
Yet another example – as if we needed one – of loyalty being a one-way street. Anybody who believes a company will be loyal to them is like a lawyer who refuses to hire a lawyer when he needs one. He has a fool for a client.
 

Thread Starter

nsaspook

Joined Aug 27, 2009
16,336
They got bought out by Scrooge.
1701465056175.png
He said Broadcom didn't do celebrations on a companywide basis, but each division could choose to have celebratory or team-building events if they wanted to. "I was Santa, but that didn't get done very well, so we killed it," Tan said. "No, we don't have, like, annual dinners or stuff like that.
 

MisterBill2

Joined Jan 23, 2018
27,638
But it's not fair. Everyone is entitled to a good paying job regardless of experience or competence, and the greedy capitalists are more concerned about their bottom lines than the workers' welfare.
That response is totally incorrect. Why pay anybody to deliver no value in exchange for the pay they get??? The only reason to hire any employee for any position is to get the service value that is paid for.
In addition, it is totally dishonest for an employee to not deliver the effort that they were hired to deliver.
If a person wants "welfare" without working then they should go to a welfare office and request it.
 

shortbus

Joined Sep 30, 2009
10,049
That response is totally incorrect. Why pay anybody to deliver no value in exchange for the pay they get??? The only reason to hire any employee for any position is to get the service value that is paid for.
In addition, it is totally dishonest for an employee to not deliver the effort that they were hired to deliver.
If a person wants "welfare" without working then they should go to a welfare office and request it.
Look up 'sarcasm' in the dictionary, that's what joeys post was.
 

Thread Starter

nsaspook

Joined Aug 27, 2009
16,336
That response is totally incorrect. Why pay anybody to deliver no value in exchange for the pay they get??? The only reason to hire any employee for any position is to get the service value that is paid for.
In addition, it is totally dishonest for an employee to not deliver the effort that they were hired to deliver.
If a person wants "welfare" without working then they should go to a welfare office and request it.
1701468746347.png
 

WBahn

Joined Mar 31, 2012
32,919
Yet another example – as if we needed one – of loyalty being a one-way street. Anybody who believes a company will be loyal to them is like a lawyer who refuses to hire a lawyer when he needs one. He has a fool for a client.
Perhaps I have been unreasonably fortunate in my employers. When the company that bought the company I worked for went bankrupt, the president of the original company unilaterally went to the bankruptcy court and accepted responsibility for all of the money owed those employees, regardless of whether they planned to come over to the resurrected company. He took out a mortgage on his home to do that and the new company paid him back over a period of nearly ten years, at no interest, so that the payments wouldn't prevent the new company's ability to contribute to retirement plans according to the policy before the buyout, which was to contribute 25% of each employees gross pay into their SEP (which is the legal limit), or up to the net profit at year end. The entire time I was there, the lowest payout was 18% and it was the max almost every year (and the employee didn't contribute anything).

Almost all of my other employers were equally willing to step up for employees in need.

My father had similar experiences. In 1965 when Denver flooded, the company he worked for had 8 ft of water in the building and was shut down for months. The owner continued to pay every employee their normal pay out of his own pocket the entire time.
 

cmartinez

Joined Jan 17, 2007
8,783
Perhaps I have been unreasonably fortunate in my employers. When the company that bought the company I worked for went bankrupt, the president of the original company unilaterally went to the bankruptcy court and accepted responsibility for all of the money owed those employees, regardless of whether they planned to come over to the resurrected company. He took out a mortgage on his home to do that and the new company paid him back over a period of nearly ten years, at no interest, so that the payments wouldn't prevent the new company's ability to contribute to retirement plans according to the policy before the buyout, which was to contribute 25% of each employees gross pay into their SEP (which is the legal limit), or up to the net profit at year end. The entire time I was there, the lowest payout was 18% and it was the max almost every year (and the employee didn't contribute anything).

Almost all of my other employers were equally willing to step up for employees in need.

My father had similar experiences. In 1965 when Denver flooded, the company he worked for had 8 ft of water in the building and was shut down for months. The owner continued to pay every employee their normal pay out of his own pocket the entire time.
You've been thoroughly blessed, Bahn. That level of integrity is seldom heard of nowadays.
 

WBahn

Joined Mar 31, 2012
32,919
You've been thoroughly blessed, Bahn. That level of integrity is seldom heard of nowadays.
Possibly, but I hear similar things from friends pretty regularly.

Just a couple hours ago I ran into one of the guys that I used to teach at the Academy with (he was captain at the time, but is now out in civilian life after retiring as a lieutenant colonel). His current employer works mostly government contracts and so doesn't get paid or get ongoing project funding whenever there is a shutdown or funding otherwise gets tied up in federal games. They have 10,000 employees, which means that not getting the expected funding to pay them is a LOT of money. Yet they have always continued to pay their employees through all of these things -- and have made it clear that they will do so, if necessary, in the current fiasco. After the big mess about a decade ago, they even went to the expense and effort of changing their fiscal year from the normal government one to a calendar year one, even though this increases their headaches substantially since they now have to deal with the impacts of two fiscal year boundaries that are not aligned. But they did so specifically to make it so that they would have additional latitude to move money around temporarily in order to cover these things and then get them put back in order before their own fiscal year ends.
 

cmartinez

Joined Jan 17, 2007
8,783
Thanks for that .. I find the kind of stories you've told quite uplifting. Especially considering the ugliness that's been dominant in the news recently. Although I'm aware that humankind's predominantly selfish motivations haven't changed much since written history. Maybe I'm going through a "too much media news" cycle of depression ... I might need to wean myself off for awhile to make sure that dark thoughts are kept at bay.
 
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