A Labrador sheds twice a year, so the saying goes—January to June and July to December. Facebook, now doing business as Meta, is trying to shed more than labs, only it’s not hair; it is employees.
Articles tagged as
Layoffs
Does Anyone at NPR Realise They Did This To Themselves?
Does Anyone at NPR Realise They Did This To Themselves?
In early December 2022, we reported some bad news at National Public Radio (NPR). Declining ad revenue meant a hiring freeze and other cuts, but they “intended to avoid layoffs.” The shelf life on “avoid layoffs” was about two months.
Hahahahahaha – Paypal Lays Off 2,000 workers (7% of their workforce) – Blames Economy.
by Skip
Instead of themselves. We’ve written in the past that Paypal, because of our writing, restricted the use of our own money for six months. We could look at it, and run reports against account activity, but no money could be added in at all (either by you folks, our sponsors, or even ourselves) or expended. … Read more
Hospitality Industry Union Demands Dues from Virus-Furloughed Workers
If we’re all in this together shouldn’t that mean that if we all lost pay, well, you get the idea. Not so fast, says “UNITE HERE Local 11, which represents more than 30,000 hotel employees in Southern California and Arizona.”
After Just Six Months NYC Businesses Slashing Jobs and Hours over Min Wage Hike
Don’t listen to New Hampshire Democrats when they whine about working people’s wages. Gov. Sununu harpooned their job-killing minimum wage bill. The Legislature needs to sustain that veto. And we can look to Liberal New York City for evidence.
CNN “Downsizing” – Cutting up to 300 Staffers
There are a lot of terms out there for letting people go. Downsizing. Decruitment. If you are Keene State College, you call it ‘right-sizing.’ CNN has chosen buyouts.
The Keene State College Budget Crisis Evolution
Keene State College has an ongoing crisis. Enrollment is down. They are running a deficit.
In an article from this past September (in the KSC Equinox Student/Campus Newspaper) interim College President Dr. Melinda Treadwell said a lot of things, but this caught my eye.
“[We need to be] getting students excited to see what a life at Keene State could be [like] because they are shopping and we have a lot of competition, but I think we have a lot to offer,” Treadwell said. “I think we lost our story a little bit and we need to regain it.”
About that story.
O Bomb A Job
Tick. Tick. Tick. Boom: Boing announces layoffs. Tick. Tick. Boom: Murray Energy announces layoffs. Tick. Boom: Energizer Holdings to lay off 1,500, close 3 plants, Boom: Companies plan massive layoffs as Obamacare becomes reality. Boom: Utah company blames Pres. Obama for 102 workers laid off. Boom: Large corporations join small businesses in announcing mass cuts … Read more
UNH may have to Layoff More Staff
Boo hoo.
Faced with a deficit, after years of a bad economy, UNH may be forced to do what many companies had to do years ago–cut more staff. I can’t tell you how bad I feel for them. The small business I work for went from 30 employees down to 12…two years ago. Of course we were not supported by taxpayers, nor did we have unions or arbitrators insisting we pay people like Ed Larkin to do nothing for five years at the staggering cost of almost half a million dollars.
At my office we streamlined down to the bare minimum needed to keep things running, and have discovered efficiencies and opportunities to be more productive with less resources. Not only are we still in business, but things are actually looking up. Yeah, it’s more work for the rest of us, and no we have not had raises in years, but we are working and providing a product and service (and paying taxes).
But State run enterprises, or those who have become dependent on tax payer prop-ups, have little or no incentive to make those hard choices.
Lay Off Notice
To compensate for these increases,our prices would have to increase by about 10%. But since we cannot increase our prices right now due to the dismal state of the economy, we will have to lay off sixty of our employees instead.