The hottest Layoffs Substack posts right now

And their main takeaways
Category
Top Business Topics
Discourse Blog 668 implied HN points 01 Feb 24
  1. The Messenger, a media company, shut down abruptly after burning through a large investment and employing 300 journalists with no severance.
  2. The way The Messenger handled layoffs was exceptionally cruel and poorly managed, even by industry standards.
  3. The closure of The Messenger is an example of how some companies fail to treat their employees with decency during layoffs.
The Lunduke Journal of Technology 5165 implied HN points 26 Apr 23
  1. Red Hat, the largest Linux company, is laying off 760 employees to focus on doing fewer things better
  2. Q1 of 2023 had a record number of tech layoffs, over three times more than during the Dot Com Bubble Burst in 1999
  3. There are concerns about how these layoffs will affect Red Hat's success, potential future layoffs, and impact on smaller Linux firms
The Radar 39 implied HN points 05 Apr 24
  1. Performance Improvement Plans (PIPs) can be used positively to help employees improve their performance or negatively to push employees out of a company.
  2. Amazon utilizes PIPs in a controversial way, including forcing 'Type 2 PIPs' on employees to manage them out of the business, regardless of their actual performance.
  3. Misusing tools like PIPs, meant for improvement, can lead to unethical behaviors within organizations and potentially damaging consequences, such as increased layoffs.
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SuperJoost Playlist 157 implied HN points 22 Nov 23
  1. Widespread job cuts for short-term profits can hurt innovation and diversity in industries.
  2. Reducing costs through layoffs can improve profitability in the short term, but may harm long-term innovation and diversity.
  3. Layoffs in the gaming industry can hinder new talent entry, reduce diversity, and push innovation to smaller, riskier firms.
ASeq Newsletter 36 implied HN points 24 Feb 24
  1. Rumors about layoffs and nepotism at Oxford Nanopore are circulating, potentially impacting the company's share price.
  2. The company's delayed announcement of layoffs raises questions, with some seeing it as a strategic move and others as a demotivational tactic for employees.
  3. The overall strategy of Oxford Nanopore is being called into question, with suggestions that changes may be needed for the company to succeed.
The Radar 59 implied HN points 16 Jan 24
  1. Interests often outweigh values in the corporate world, leading to a lack of loyalty towards employees.
  2. Companies may claim to value employees, but continue laying off staff even when profitable, showcasing a lack of genuine care.
  3. Value systems in corporations may be used to shape employee behavior rather than protect their experience, highlighting a shift towards instrumental use of values.
Lump Letter 2 HN points 29 Feb 24
  1. The expectation of getting rich quick in a hypergrowth startup can lead to disappointment if the company doesn't succeed as anticipated.
  2. Enduring excessive stress at work without clear benefits or end goals can eventually lead to dissatisfaction and a desire for change.
  3. Taking responsibility for personal success and not relying solely on higher-ups or distant paydays is crucial for fulfillment and growth.
The Radar 0 implied HN points 19 Jan 24
  1. Companies are engaging in abusive hire/fire practices, hiring and firing employees within short periods of time.
  2. Companies are prioritizing short-term interests over human consequences, misrepresenting intentions and commitment levels during hiring.
  3. Some companies like Cloudflare are conducting layoffs without providing clear reasons, showcasing a lack of care, empathy, and transparency for employees.
Build To Scale 0 implied HN points 21 Sep 23
  1. If you've missed your targets significantly for two quarters and haven't adjusted costs, it's likely time to consider layoffs to prevent worsening financial situations.
  2. When doing layoffs, it's better to make deeper cuts of at least 15% rather than small reductions to significantly impact the company trajectory.
  3. Focus on top initiatives during layoffs by identifying key projects to prioritize, being clear about what will be stopped, and re-aligning the organization for critical goals.