The hottest Layoffs Substack posts right now

And their main takeaways
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Top Business Topics

The Latest Media Death Is Somehow Even Darker Than Usual

Discourse Blog • 668 implied HN points • 01 Feb 24
📰 News Media Journalism Layoffs Investment
  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.

Tech Layoffs Hit Linux: Red Hat Laying Off 760 Employees

The Lunduke Journal of Technology • 5165 implied HN points • 26 Apr 23
🕹 Technology Tech industry Layoffs Linux
  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

Oxford Nanopore - Baseless Rumors

ASeq Newsletter • 36 implied HN points • 24 Feb 24
🕹 Technology Rumors Layoffs Strategy Management Technology
  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.
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Best layoffs of the year

SuperJoost Playlist • 157 implied HN points • 22 Nov 23
💼 Business Layoffs Gaming AI E-commerce Blockchain
  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.

Reflecting On My Failure To Join A Billion-Dollar Company

Lump Letter • 2 HN points • 29 Feb 24
💼 Business Startup Leadership Layoffs Growth Failure
  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.

How And When to Do Layoffs

Build To Scale • 0 implied HN points • 21 Sep 23
💼 Business Management Layoffs Efficiency Strategy Leadership
  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.