The real tough layoffs haven't even started yet. Retail is next.

Jan 20, 2023
8:14:13am

rad dawg All-American

November and December retail numbers didn't meet 6-8% increase numbers even with inflation. Retail inventories are building up and sales still look weak.

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rad dawg

Bio page: rad dawg
Joined: Nov 7, 2010
Last login: Jun 9, 2024
Total posts: 12,895 (49 FO)

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Messages

Author

Time

Tech layoffs keep coming, this time Alphabet (Google) to lay off 12k employees.

slappy All-American

1/20/23 8:06am

This sucks, but it may be good in spreading out that talent in the long run.

Ojiisan

1/20/23 8:11am

The problem is that the majority of the layoffs are not the top-performers.

RH84025

1/20/23 9:02am

FWIW, with alphabet it was primarily role-based, not merit-based.

SalmonOfCapistrano

1/20/23 2:23pm

eg. high-performing engineers on the self-driving toilet project got laid off,

SalmonOfCapistrano

1/20/23 2:24pm

They obviously have the money to not layoff staff, so they are cutting bloat. If they did this in a normal market, their

specsauce

1/20/23 8:13am

The real tough layoffs haven't even started yet. Retail is next.

rad dawg

1/20/23 8:14am

<< Deleted >>

cougarfann888

1/20/23 9:07am

My company had about a 5% reduction yesterday. Same day my wife got laid off

rommeliv

1/20/23 8:17am

That sucks, sorry

conflictedcoug

1/20/23 8:20am

I started a new job in tech about 4 months ago

BigBlue04

1/20/23 8:26am

Yikes. Big tech or startup?

macdizzle

1/20/23 8:28am

Somewhere in between

BigBlue04

1/20/23 9:15am

Sorry man, awful feeling

Covid-19

1/20/23 8:33am

So, aren't we now supposed to boycott Alphabet and encourage advertisers to

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