Companies that cut jobs in November

This has been a painful week in journalism. CNN, Gannett both announced layoffs in the hundreds on Thursday. This is on top of cuts and furloughs announced a few months ago. And many other news orgs have cut back, too. The Washington Post is ending its Sunday magazine, laying off the staff of about 10 who produced it. So we have to take care of one another. This is a great thread on Twitter where people can post their job openings. If you have any, please add to it or mention in a comment here. I'm happy to share. It is always darkest before dawn. ?? #journalism #layoffs #jobalert #hireajournalist #media #gannett #cnn https://lnkd.in/gACwqJm8

Dear friends, today I have some difficult news to share.? We started Santa two years ago with an ambitious vision, a strong team and great support from top investors. Within 10 months we built and launched a complex product, bringing a new kind of digital/physical shopping experience to people’s front doors. Customers loved it and revenues were growing.? We learned a lot about commerce, retail, logistics and fast delivery during our first year of operations. We learned how to surprise our customers with an out-of-this-world experience, how to turn trucks into mobile shops and how to deliver beautifully curated products to people at a level of service they’ve never seen before. But we also learned that creating the level of service we wished for comes at a cost that results in unsustainable unit economics, in a way that has a very low likelihood of being resolved at scale. Santa is a well funded company with most of the funds raised still in our bank account, and we have the best investors entrepreneurs can hope for, investors who supported our ambitions and helped us aim for the stars. Our commitment to them as founders is to protect their capital and put it to the best use we can imagine. It's easy to confuse money-in-the-bank with business success, but it’s our responsibility to acknowledge fundamental issues and act swiftly and decisively, instead of continuing to throw money away on trying to fix the unfixable.? Therefore, with a heavy heart we decided that we need to take a few steps back, reduce our burn to near-zero, and use the next few months to completely rethink our direction. Unfortunately this comes at the terrible price of dramatically reducing our amazing, superstar, incredible, kind, professional, fun and beloved team who gave their hearts and souls to help us pursue this big dream. This is a difficult day. The startup journey isn’t for the faint of heart. The highs can be the highest and the lows can be the lowest. I, for one, wouldn’t have it any other way. Santa’s founders will now go back to work, we have a big task ahead of us.? Yours, Roee

When we talk about civility in the workplace, we are usually talking about employees (and management) being civil to one another. A seriously disturbing trend (in my view, at least) is the lack of civility with which organizations terminate employees. Twitter's recent action in this regard speaks for itself, of course. We are all familiar with the multitude of horror stories of massive "Layoffs by Zoom" and employees being notified that they are out of work via text or email. The disturbing trend continued last week when United Furniture Industries (Lane) laid off approximately 2,700 employees. Adding insult to injury (and incivility), it was reported that the employees received texts or emails telling them not to come to work the following day. The announcement left nearly 3,000 people unemployed with no prior notice just two days before Thanksgiving. Clearly, the WARN Act is not even deemed relevant by these organizations as a deterrent, but the issue cuts so much deeper than legal obligations. What happened to basic human decency? Getting a text or email two days before Thanksgiving telling you never to come back to work? We must do better than this as a society. My fear is that this conduct is becoming the norm - not the outlier. We must never lose sight of treating people the right way. When we do that, we have lost ourselves as human beings. #people #civility #humanexperience #decency #hr #leadership

Hey connections, Just read about the recent layoffs by many companies like Amazon, Google etc (Twitter is a different case as per my opinion it's not a layoff anymore ??) With the current layoffs and future planned layoffs by many companies, here is what we can learn from them: 1. You are easily replaceable at work by computers these days, so instead of spending much time on work spend time with your family and friends (As these places can not be replaced) 2. Always have an emergency fund for meeting 6-8 months of your family's regular expense. You can invest this amount in FDs for earning some return on the same. 3. Keep updating your knowledge and skills with the changes in the economy. It's highly likely that those who are not updated with the latest trends will be outlasted by the updated ones. 4. Try to build more than 1 source of generating income. It can be through investment in property, stocks, FDs, freelancing etc. Try to convert your active income into multiple sources of passive income. Still if you are a part of the layoff, don't get stressed. The skilled employees will surely be absorbed by the other industries (Thanks to the companies like TATAs). Just believe in yourself and your skills ?? You can also drop your thoughts in the comments #work #investment #layoffs # #google #amazon #twitter #twitterlayoffs

A reflection on the last week: I was not prepared to be joining the wave of November Tech Layoffs of 2022 but…who really does expect these things? Sadly, our entire company was laid off, and my time at my current company was cut short just as I was about to hit the one-year mark. I was devastated by this news, not just because I would have to seek something new, but because I thoroughly enjoyed working with such an opportunistic, creative, motivated, supportive group of visionaries. It takes me awhile to process things, so before thinking of what I should do “next”, I wanted to reflect on why I truly loved working at my current position. 1.????Community– When I first started, I instantly noticed that everyone supported one another. There was no gossip, back-handed compliments, or aggression with any member of the company. We acknowledged and built on each other’s strengths and sought to maintain an environment that promoted growth. 2.????Leadership –Each leader in the company was honest, approachable, and offered valuable mentorship. Doors were always open, and communication was ongoing and straightforward. I always felt like I could seek advice or offer up suggestions without anxiety or judgment. 3.????Trust – I didn’t realize how valued I would feel when I simply was given a task and left to my own accord to complete the task. Micromanagement can be crippling and at MagnifiU I was free to create my own schedules and routines that allowed me to work at my best. I’ve never felt so productive and fulfilled while creating content. I know there are many instructional design jobs out there in the world, and I am certain I will find another one that is just right for me. However, “Dear, Next Future Employer…” please know that these are professional values that I find nonnegotiable. Being in the right environment made work not work, but a shared goal, in which I was proud to take part. ? #techlayoffs #unemployment #opentowork #elearning #instructionaldesigner