Thread regarding Capital One layoffs

Why these layoffs are not making the news?!

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| 2301 views | | 5 replies (last September 1, 2023) | Reply
Post ID: @OP+1on71H0u

5 replies (most recent on top)

The US gov goal to reduce inflation is to increase unemployment. All corps are doing this, media is in on it. We don't have a free press. WSJ even downplayed the layoffs and said it's an optimistic job market.

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Post ID: @1hvq+1on71H0u

it's easy to circumvent WARN

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Post ID: @jti+1on71H0u

According to the MVP of recruiting the recent layoff of recruiters was not due to performance. It was budget cuts caused by low hiring demand.

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Post ID: @uwy+1on71H0u

A large portion of talent acquisition was laid off on Monday and it was not due to performance. Budget cuts.

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Post ID: @duh+1on71H0u

They are not laying off people. They are firing people based on stack rankings and these firings are performance related so they don't have to provide WARN notifications so it never gets in the news.

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Post ID: @tbs+1on71H0u

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