mid an avalanche of layoffs in some sectors of the U.S. job market, particularly across technology, retail and finance sectors, Google’s parent company Alphabet announced that it would cut 12,000 jobs.
His memo added that domestic employees would receive a severance package worth 16 weeks of salary and two weeks off additional pay for every year served, as well as six months worth of healthcare and immigration support. Meanwhile employees outside the U.S. will be supported “in line with local practices.”recorded in the U.S.
while people were staying at home during the pandemic,” Roger Lee, the creator of Layoffs.fyi, tells TIME. “Now that we’re in a completely opposite environment, these same tech companies are performing layoffs to undo their overhiring from the past couple of years.” “With the war in Ukraine and all the world in, or entering into recession, their companies are trenching as demand is falling, belt tightening is going on,” he says. “One part of this is just a general reflection of what’s happening in the economic situation around the world.”
Disney have to leave Florida.
But... but... grandpa Joe said the economy is doing better than ever!
Mickey didn't take it too well
I don't really understand how all of these big companies can fire this many workers..? Who is going to do the work? Or were these all spare workers?
I truly hope they go out of business.
7000 job? in my younger days Disney was the leading cartoons not they something other
Get woke go broke Disney
GO WOKE, GO BROKE.
Still waiting for the headline announcing the executive pay cuts…
GET WOKE GO BROKE !!!! Stupid....
Disney is conditioning society to be so “open minded” that it will soon “support” pedophilia as “just loving children.” Because 'Love is Love', today homosexuality is cool, tomorrow will be the pedophilia.
Listen u lost me and a whole bunch others when u start making princesses kiss other princesses ok . That was the beginning. U don't push that crap on anybody .
Go Woke go Broke When will they learn
I wonder why all these companies didn’t lay all these people off a week or two ago?
But we have a booming economy right?
I thought Biden just said the economy was stronger than ever. He wouldn't lie, right?
But why? Biden just said the economy is great
It's OK Biden will create 10 billion more jobs.
Still record low unemployment and over 11 million unfilled job openings
But Biden and most of the democrats said the economy is so great. Lmao
They are cutting 7,000 jobs but starting to pay dividends to their shareholders again after pausing because of the pandemic. So their hard working employees are paying the price because Disney cares more about wall street than main street.
Transferring the dead in the areas of Syria liberated from the Assad regime who did not die from the explosives of the Assad regime and Iran. They died from the earthquake
Watch and share the mind-blowing [English spoken] interview on the UN whistleblower!
Hmmm! What happened to the narrative theses companies were saying how nobody wants to work? No there are massive layoffs?
woke sucks
How can anyone trust a corporate “news” outlet who puts the biggest crook ZelenskyyUa in the entire world? Nazi
There was only one downsizing, it does not constitute a scenario of large-scale layoffs.
But yet the White House will tweet multiple times a day how we are having the strongest economy in history!
I was told by Biden that the economy is great. Lol
Where's the angry mob that went after Microsoft for laying people off?
😳😳😳😳