Mouse House caught 7000 bodies on top of the intentional talent drain from the RTO mandate
Was probably closer to 10k shed between both those moves. I’m curious to see how they deal with that type of brain drain
I was looking at Disney as well for a position they had open, glad I didn’t try to pursue that shyt. Got lucky with Amazon too, was also looking at Amex but they seem to be fine.
I think they changed the law to give them 1 year to find work and no longer that 60 day rush. If that’s still in effect though you are going to see a lot of talented H1B people take the first thing that will sponsor them for the low low which is the intent of these shytty big tech companies (salary reset)
Robots could surpass workers at Amazon by 2030, Cathie Wood says
The Ark Invest portfolio manager said on "Squawk Box" that Amazon's number of robot workers is set to grow dramatically this decade.www.cnbc.com
These companies are dumber than I thought.Yes- that’s why that whole performance based appraisals are a myth right now
Layoffs in a likely recession this year could be determined by software programs
Layoffs in an anticipated recession this year could be made by software programs. Some experts worry the technology could miss nuances.www.usatoday.com
Don’t blame your boss if you get laid off in a recession this year.
Blame Big Data.
A whopping 98% of human resources leaders say they’ll rely at least partly on software programs, or algorithms, to decide whom to cut if they have to conduct layoffs in an anticipated recession in 2023, according to a recent survey by Capterra, which helps small businesses choose software.
That’s up from just 2% of large companies that turned to Big Data in the Great Recession of 2007-09, according to Capterra, a unit of tech research giant Gartner. In November, Capterra surveyed 300 human resources managers at mostly larger firms as well as some small to mid-size businesses.
“Over the past 15 years, the market for HR software has exploded,” says Brian Westfall, Capterra’s principal HR analyst. Company officials “are relying on the systems…to make a ton of decisions and that will extend into the layoff decisions they make.”
Tech companies such as Amazon, Facebook parent company Meta and Twitter likely already have relied heavily on the software as they laid off tens of thousands of employees – a total of about 192,000, according to layoffs.fyi – in 2022 and early 2023, Westfall says. Last week, Microsoft announced 10,000 job cuts and Google, 12,000.
Mouse House caught 7000 bodies on top of the intentional talent drain from the RTO mandate
Was probably closer to 10k shed between both those moves. I’m curious to see how they deal with that type of brain drain
I was looking at Disney as well for a position they had open, glad I didn’t try to pursue that shyt. Got lucky with Amazon too, was also looking at Amex but they seem to be fine.
Yeah I’ve put my resume out there already and I hopefully am headed towards healthcare or an offshoot of government talent acquisition.
Yep...."algorithms" probably just factor in salary, experience...maybe even medical claims on company insurance and some other shyt.
An additional layer would take into account vacation requests sick time and PTO taken I bet. And then once all the Mids that are left settle into a new groove repeat the cycle of axing top and lowest level performers all over again
Folks what the bolded means is SAVE YOUR MONEY!!!
