CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
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CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
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Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#2TL;DR : if they are they are, if they aren't they will find out
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#3From sources, its not surprising cause lot of people within the company knew about it already:
1. Managers were asked to provide mid year rating for their reports, this is not something that happens otherwise
2. Managers were asked to mark the reports which are not regrettable attrition
3. The biggest downside of all this is that it makes people to invest a lot more efforts on being in managers good list instead of focusing on doing a good job
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#4From sources, its not surprising cause lot of people within the company knew about it already: 1. Managers were asked to provide mid year rating for their reports, this is not something that happens otherwise 2. Managers were asked to mark the reports which are not regrettable attrition 3. The biggest downside of all this is that it makes people to invest a lot more efforts on being in managers good list instead of f…
There a lots of downsides to layoffs, and I don't think your #3 is the biggest at all. The morale hit across the company is huge. Furthermore, it will have negative effects on recruiting and retention well into the future.
Layoffs are an incredibly bad idea for most companies. There are almost always better alternatives.
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#5TL;DR : if they are they are, if they aren't they will find out
What would 'find out' look like?
Companies don't function in a vacuum, pulling the consequences any particular good or bad executive decision from the background noise is an exercise in divination by chicken entrails.
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#6The article says it's around 7% of their workforce. It seems that it could be realistic that this is a performance-based cut?
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#7Amusing this LLM text recommends Realtor.com -- who had its own similar layoff round last week
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#8Such a hard hitting article title with AI image slop that is a bit comical for something a bit serious. I get a tinge of AI writing in the article too. I use LLMs to proofread and look at my work but this feels like AI slop.
It’s just 7% of the workforce.
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#9This piece would have been better if it had just been the prompts used to generate it. The entire underlying story is just "company does discretionary RIF".
Some of these generated stories pay their freight on HN, because they develop genuinely interesting technical[†] ideas (I'd still like to see the prompts, if I can't get the story in the author's own words). But when the story contains essentially no interesting content, it starts to make sense to consider them off-topic.
† usually! I'm equally into genuinely interesting LLM-generated explanations of thoughts on modernist poetry, I guess.
Re: CEO Just Fired 500 People Because He Says Zillow Is More Efficient Without Them
#10I got too distracted by the AI generated image at the top to read the AI generated article.