Tech Layoffs Coming Tidal Wave - The Tracker

[trekrok]

I don't know what carvana spends on their multi story glass encased used car lots, but seems like you'd have to sell quite a few cars to pay for it.

 

[WoodsCraft]

If employers really knew how little work actually gets done from a lot of those “working from home” they would lay off a lot more. I know a girl who rarely works 2 hours a day for her nice 8 hour salary. I’m sure some work hard but there is a lot of abuse as well.

I have worked in the IT business for a long time now and I am going to be very blunt about this, the work isn't like other jobs at all . Even when I was in an office setting its not like most folks were working themselves to death in a conventional sense. Out of a typical 9 to 10 hour work day I probably work 4 hours of that day, my work load has not changed at all since starting to work from home compared to when I was in the office , the big difference is I am more efficient because people no longer can pop in my door wasting my time hence I meet deadlines faster . I do have more meetings now than I did working on prem full time , Many of those meetings I mentioned are meetings where my attendance is required because I am stake holder in a given project but those meetings are informational for me and there are no action items which need to be taken care of on my end .You can only do the work in my business you have to do .


There are lots of projects I am involved with on a given day but many of the action items and deliverables which are my responsibility can only be completed when someone else has done their work . This isn't some kind of manual labor or line work in a kitchen where if you have time to be leanin , you have time to be cleanin. , which in my mind is where many come to the idea people are slacking working from home , in most cases some efficiencies have been gained by working from home .

 

[wawazat]

I have worked in the IT business for a long time now and I am going to be very blunt about this, the work isn't like other jobs at all . Even when I was in an office setting its not like most folks were working themselves to death in a conventional sense. Out of a typical 9 to 10 hour work day I probably work 4 hours of that day, my work load has not changed at all since starting to work from home compared to when I was in the office , the big difference is I am more efficient because people no longer can pop in my door wasting my time hence I meet deadlines faster . I do have more meetings now than I did working on prem full time , Many of those meetings I mentioned are meetings where my attendance is required because I am stake holder in a given project but those meetings are informational for me and there are no action items which need to be taken care of on my end .You can only do the work in my business you have to do .


There are lots of projects I am involved with on a given day but many of the action items and deliverables which are my responsibility can only be completed when someone else has done their work . This isn't some kind of manual labor or line work in a kitchen where if you have time to be leanin , you have time to be cleanin. , which in my mind is where many come to the idea people are slacking working from home , in most cases some efficiencies have been gained by working from home .

Yep, that is what we have found as well. One company we are connected to even deployed a performance tracking software to monitor a test group of employees' idle time on their computer, number of tickets worked, time spent on various pages or applications etc. In the end they found one group that was REALLY not pulling their weight and the entire company's WFH policy was canceled. They also didn't retain the performance tracking software to measure the on prem performance of those groups to see if it helped anything or if the lackluster group was just a staffing problem.

As a long time data analyst, I cannot understand why they would stop gathering data to monitor the impacts or benefits of a decision other than they just have control freaks in upper management that like the ego feed of seeing bodies show up to their meeting rooms.

 

[WoodsCraft]

Yep, that is what we have found as well. One company we are connected to even deployed a performance tracking software to monitor a test group of employees' idle time on their computer, number of tickets worked, time spent on various pages or applications etc. In the end they found one group that was REALLY not pulling their weight and the entire company's WFH policy was canceled. They also didn't retain the performance tracking software to measure the on prem performance of those groups to see if it helped anything or if the lackluster group was just a staffing problem.

As a long time data analyst, I cannot understand why they would stop gathering data to monitor the impacts or benefits of a decision other than they just have control freaks in upper management that like the ego feed of seeing bodies show up to their meeting rooms.

One thing I would like to mention concerning your comments which most do not understand also is the huge cost savings which have been gained by many organizations by not having bodies on prem. The money being saved NOT leasing or owning and maintaining physical space and the associated infrastructure is huge .

I agree there are a lot of C Suite execs who want to survey their domain and see bodies scurrying about , but are clueless as to what they are actually doing because many people in the business are "looking busy" at some time during the day.

 

[SlugSlinger]

One thing I would like to mention concerning your comments which most do not understand also is the huge cost savings which have been gained by many organizations by not having bodies on prem. The money being saved NOT leasing or owning and maintaining physical space and the associated infrastructure is huge .

I agree there are a lot of C Suite execs who want to survey their domain and see bodies scurrying about , but are clueless as to what they are actually doing because many people in the business are "looking busy" at some time during the day.

How many companies have shuttered office space because of work from home?

Some may have, but not many that I know of. My neighbor’s company did close some office space but it’s a small company. The co I work for is remodeling and we have the option to work from home a couple days week.

More and more companies are requiring employees to be in the office. I guess there are a lot of slackers out there and the leadership of these companies must think they can manage the slackers better in the office than away. A slacker is a slacker whether they are in front of you or away.

 

[HillsideDesolate]

How many companies have shuttered office space because of work from home?

Some may have, but not many that I know of. My neighbor’s company did close some office space but it’s a small company. The co I work for is remodeling and we have the option to work from home a couple days week.

More and more companies are requiring employees to be in the office. I guess there are a lot of slackers out there and the leadership of these companies must think they can manage the slackers better in the office than away. A slacker is a slacker whether they are in front of you or away.

https://www.msn.com/en-us/money/com...-office-space-in-the-seattle-area/ar-AA16kBQv
https://www.bizjournals.com/seattle...pany-shed-seattle-office-space.html?csrc=6398

 

[SlugSlinger]

18th January​

Microsoft to cut thousands of jobs across divisions - reports​

Microsoft plans to cut about 5% of its workforce, or about 11,000 roles.

 

[WoodsCraft]

How many companies have shuttered office space because of work from home?

Some may have, but not many that I know of. My neighbor’s company did close some office space but it’s a small company. The co I work for is remodeling and we have the option to work from home a couple days week.

More and more companies are requiring employees to be in the office. I guess there are a lot of slackers out there and the leadership of these companies must think they can manage the slackers better in the office than away. A slacker is a slacker whether they are in front of you or away.

The answer is larger organizations have been dropping leases now for quite a while and those who own buildings are leasing their surplus office space . Does that mean everyone is ? obviously no but those smaller companies such as the one you're referring to aren't operating at the same level as a company which has 5000 employees or more either.

 

[WoodsCraft]

18th January​

Microsoft to cut thousands of jobs across divisions - reports​

Microsoft plans to cut about 5% of its workforce, or about 11,000 roles.

Gotta love automation ...

 

[HillsideDesolate]

The answer is larger organizations have been dropping leases now for quite a while and those who own buildings are leasing their surplus office space . Does that mean everyone is ? obviously no but those smaller companies such as the one you're referring to aren't operating at the same level as a company which has 5000 employees or more either.

We are looking at the collapse of the tech hubs. My old house in Seattle is down about $50,000 since I sold it. It is the same old story of implementing socialist policies, you wind up with Detroit.

No one wants to live next to this: