What are the current betting odds that the April 15th all-company is to explain another mass layoff early in the month circa the mid-July 2024 “bloodbath”? Still no WARN notices I can find, but the timing right after Q1 and corporate jobs disappearing in every other industry does make one wonder.
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@2px how did that work out??
@kr must be why there is a sudden sales ko meeting Thursday afternoon. One big massive layoff.
Because of your love affair with AI, expect 30% more across the board quiet quitting, Sammy Sun.
I got $10 on Thursday April 9th. Could clear entire divisions in direct sales, likely on the WTS side. MO appears to hate people and thinks he needs to clear everything to the vendors before he retires…
@k0 the best is when they will have upper management standing by watching every move you make while waiting in line.. God forbid you don't get down there right on time and they run out, they will tell you that you should have gotten down there earlier even though you got there during your designated lunchtime.. 😂
@g2 It's not that MO isn't awake. MO has his head wedged in a deep, dark and unsanitary place. While MO is there, do something useful like look for polyps. The proctologist will thank MO later for the finds. 😂
Guarantee of one thing: they certainly won't discuss the employee survey. Folks, keep amping up the comments and get under their reptile skins. BTW: Sammy Sun reminds one of that cold-hearted, ruthless Japanese inspector character in The Man in the High Castle.
Their embrace of AI will be bite them in their bacon. And the funny part? They can't blame it and the workers because they've let them go. A full circle moment is about to be coming for the suits. They brought this on themselves.
And I see a bo-m and bust cycle coming for those who got drunk on the AI efficiency Kool Aid and invested money 🤑 into it. It will crash like the dot.com industry and the housing bubble.
A rude reckoning is coming soon. And Sammy Sun will be the one without excuses or lack any more widgets from his excuse factory.
Selling pencils on a street corner in Tokyo is in Sammy Sun's future. And his wife will leave him for a better offer!
@jk It will happen BEFORE “Employee Appreciation Day”. They want to save costs on the number of sandwiches and potato chip bags they need to purchase. They nickel and dime EVERYTHING.
Yeah not happening on employee appreciation day!
@bw - I agree with your sentiment. The idea that the “suits” are not happy is comical. MO, join the club. You say you’re not a nice person.
Well sales people are telling you to your face that we can’t sell the product at the price you are asking us to. What are you going to do about it? Lay people off? That will just drive people are not laid off to look for new jobs.
It’s clear they want customers to make renewal payments to CFS to keep profits up. Do you think sales are happy with that? Corporate has done nothing to help us.
I think MO needs to wake up and smell what the industry is telling us. Customers want to save money. Competition is undercutting us left and right.
MO - wake the F up buddy boy.
The Burlington & Itasca Q1 layoffs happened after the All Company Meeting in January, so it could go either way.
One thing is very clear, the corporate suits are FURIOUS about the Q1 results.
They set themselves up for failure. Their explanations are truly ridiculous and laughable. To use an analogy, it’s like the geek who asks the Homecoming Queen to the prom. Sorry son, you had no chance, she’s out of your league.
There’s no justification for the growth they projected. You’re in a dying industry, you keep ja--ing up prices which will only alienate customers (take an economics course), you obliterated the morale of your sales staff (and everyone else for that matter), Gee, I wonder what the result will be.
They are in denial and will not face reality. They will whip out the Staples “Easy Button” aka call up HR and tell them to initiate the next round of layoffs. There, problem solved!
Now let’s wash, rinse, and repeat for Q2!
@b4 Agreed, I wish I had more faith that Canon would be one of the leaders in person-to-person customer service and sales positions. Sadly, Canon for the last couple years has been much more of a trend follower than a trend setter. CEO SK and his clear lack of applicable ideas can be thanked for that.
Its great if you want to use AI to help as a starting point or to help with the most asinine questions or streamline processes but AI isn't the answer to everything. If that was the case, replace CEO SK with AI. I'm sure it'll do a better job. Can't get any worse than it already is.
@b0 I saw a recent MIT study saying something like 95% of company AI projects fail and honestly, those aren’t great odds to bet your business on. It kind of shows that a lot of companies might be rushing into AI before it’s really ready to deliver consistent results.
Don’t get me wrong, AI definitely has its place if clear guardrails are in place, though I haven’t seen a lot of that so far. But particularly when it comes to customer service, how many people actually want to deal with AI when they need help? If something’s going wrong, most of us just want to talk to a real person who gets it and can actually fix the issue.
I think we’re going to start seeing some pushback from customers as more companies automate everything. And the ones that really stand out will probably be the ones that don’t go all-in on AI, but instead keep that human touch. Being able to offer real, person-to-person support might end up being what sets companies apart.
@b0 Don't forget the vendor pool. "Let the vendors sell Canon OEM instead of direct sales, and cost Canon 50% potential profit..." So d-mb.
Corporate jobs continue to be erased all over the country. It's wild that companies that we use like Salesforce actually regret their move towards Ai agents due complaints, errors, and trust issues ever since and are now starting to hire back human agents. But it seems like every company wants to make that mistake first.
CEO SK is among thousands of other CEOs who appear to have gotten "sold" on Ai even though it's not ready for this yet. Is another huge mistake coming from Canon? Will they make the move to rely on internal AI and outsourced contractors in the Philippines, only to watch profits collapse and 3 months later be looking to rehire people?
Only time will tell...
@OP this def makes sense considering now after the kick off meeting this week and hearing "30% of your work is going over to AI"... Just prepare yourselves...
@OP 💯 💯 Agree that another one is coming soon!!!