Earlier quoted context omitted.
Unions helped Detroit autoworkers so much. I'm not totally opposed to unions but if people don't want to buy the company's product at the price it's offered for (and costs), they can't sustainably force the company to pay workers more.
Workers were not the cause of Detroit's downfall
Layoffs hit highest level for the month since 2003
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Re: Layoffs hit highest level for the month since 2003
#52Earlier quoted context omitted.
“ It is not good management to take profits out of the workers or the buyers; make management produce the profits. Don’t cheapen the product. Don’t cheapen the wage. don’t overcharge the public. Well-managed business pays high wages and sells at low prices. Its workmen have the leisure to enjoy life and the wherewithal with which to finance that enjoyment.” – Henry Ford, Ford Motor Company
Who is today’s Henry Ford?
Re: Layoffs hit highest level for the month since 2003
#53Earlier quoted context omitted.
The headline is also shit. I wish there was a way to flag with context.
If something is worth flagging, context isn't needed. If something has problems that can be adequately addressed by adding context, that's what comments, an not flagging, are for. "Flagging with context" is not understanding the purpose of flagging.
There are many modes and methods for interacting. I, personally, am not fond of the dragonwriter method. I'm sure it has its place, but it's just not for me.
Also, you're holding it wrong.
Re: Layoffs hit highest level for the month since 2003
#54The question for me is, assuming that other companies are more humane and are avoiding laying people off before Christmas, what does January look like?
One very real factor that actually does act as a gravitational pull for doing layoffs in Oct/Nov Q4 is insurance elections. Waiting until January can create a lot of complicated paperwork and cost more. There is also very much a sense that doing layoffs before the holidays, while giving severance pay, is more humane than waiting, because they can "spend time with family" (real words I've heard stated).
Re: Layoffs hit highest level for the month since 2003
#55this post is filled with ads and is a low effort rewrite of the OP post: https://www.challengergray.com/blog/october-challenger-repor... which has more info and did the original work. suggest swapping link for this post. would also pay some money to never see this awful site again on HN. by the time you scroll to paragraph 3 the screen is 50% filled with shoe ads and other random shit
Re: Layoffs hit highest level for the month since 2003
#56Doesn't seem to agree with the data on https://layoffs.fyi/
That's because its a shit title editorialization: The article is actually saying that there hasn't been an October in two decades with this many layoffs, not that this October had more layoffs than any other month in two decades.
Re: Layoffs hit highest level for the month since 2003
#57Technology continues to lead in private-sector job cuts as companies restructure amid AI integration, slower demand, and efficiency pressures. In October, the sector announced 33,281 job cuts, up sharply from 5,639 in September. For the year, Technology firms have announced 141,159 job cuts, up 17% from the 120,470 announced through the same period in 2024."
https://www.challengergray.com/blog/october-challenger-repor...
Re: Layoffs hit highest level for the month since 2003
#58The question for me is, assuming that other companies are more humane and are avoiding laying people off before Christmas, what does January look like?
Companies, especially large ones, generally don't think like that. Q1 can be an active quarter for layoffs (Q1 2023 was probably the most active layoff quarter since COVID), but generally, they happen when they happen (Q2-2025 was more active than Q1-2025). One very real factor that actually does act as a gravitational pull for doing layoffs in Oct/Nov Q4 is insurance elections. Waiting until January can create a lot…
Re: Layoffs hit highest level for the month since 2003
#59The question for me is, assuming that other companies are more humane and are avoiding laying people off before Christmas, what does January look like?
Re: Layoffs hit highest level for the month since 2003
#60I’m not from the us, so can someone give me some real perspective? If you have a couple years experience and you want to make at least ~50k a year, is it actually really hard to find a job in tech right now? Or is this more about senior people not being able to find ~100k a year jobs as easily?