Corporations are becoming greedier and greedier! Hit them in their bottom line and watch all your content through piped video!
this post was submitted on 17 Jan 2024
170 points (96.7% liked)
Technology
72970 readers
4236 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
"We're done chewing you up. So we're going to spit you out now."
Ignoring the inflammatory editorializing:
Any layoff sucks and this is increasingly one of the worst possible times to be underemployed in tech.
But as far as layoffs go? This seems pretty "good". 60 day notice to search for new positions (internally or externally) while still employed by Google. Even if Google wants to fuck them over, any manager of basic competence knows to not put critical path work on the person who has already been fired. I don't know Google severance package details but I assume they are good?
And... one of the reasons why this is a horrible time to be underemployed is that (whatever we currently call the) FAANG employees are pretty much set for life. If you have a FAANG-like on your CV you go to the head of almost every hiring pile. So if you are even moderately competent and likable, you have good odds of getting a new high paying job. And... Google is the G in that outdated acronym.
The 60 days of employment is a requirement of the WARN act (https://en.wikipedia.org/wiki/Worker_Adjustment_and_Retraining_Notification_Act_of_1988)
When employees are laid off at Google, they lose access to any systems, can't contact co-workers in the usual manner, etc.
Google severance has been increasing worse since they had their first 12,000 employees get laid off.
(whatever we currently call the) FAANG
I don't know how they ever left Microsoft out of that, but I think they're going with MAMAA now (no Netflix, add Microsoft, swap for Meta and Alphabet)
Microsoft was left out because when it was first coined, Microsoft seemed to be heading down the IBM path of giving up on innovative technology and just becoming a beige box company for enterprise. They've since turned that around substantially, but the acronym has stuck.
Could have been MMANAA 😔
"eliminate"... They're really making full use of dropping the "don't be evil" clause aren't they.
"eliminate" is a word added by TechCrunch, not by Google/Youtube.
Google's actual phrasing was:
To best position us for these opportunities, throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities. Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally.
I guess "eliminations" is still related to eliminate. But I'd argue that TechCrunch is playing it up a bit by using more rage-inducing language.
“As we’ve said, we’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” a Google spokesperson said in a provided statement. “To best position us for these opportunities, throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities. Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally.”
The opportunities are a slightly increased rate of profit growth. Also I’m pretty sure this spokesperson has no soul. That or Google crushed it into submission.
This is the best summary I could come up with:
“As we’ve said, we’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” a Google spokesperson said in a provided statement.
“To best position us for these opportunities, throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities.
Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally.”
Initially reported by Tubefilter, Youtube’s chief business officer, Mary Ellen Coe, wrote in an internal memo sent to staff on Wednesday afternoon that the job cuts were part of restructuring changes to its creator management and operations teams.
According to The New York Times, workers have 60 days to find new roles before their dismissals are officially in effect.
We’re only three weeks into the new year and already have seen dozens of companies across the tech industry face job reductions, including Discord, Twitch, Prime Video and MGM Studios, as well as Audible, Duolingo, Instagram, Pixar and Unity, among others.
The original article contains 271 words, the summary contains 178 words. Saved 34%. I'm a bot and I'm open source!
AI is the way