Company layoffs thread 2020/coronavirus recession layoffs

[kevinUsa]

On 5/6/2020 at 1:18 PM, snoww said:

Uber is laying off 3,700 employees in its customer service and recruiting departments as the number of ride-sharing passengers have plunged during the coronavirus pandemic. The cuts hit about 15% of the company's full-time staff.Uber has also instituted a hiring freeze, the company said in a regulatory filing on Wednesday, and CEO Dara Khosrowshahi will forgo his salary for the rest of the year. Uber expects to spend roughly $20 million on benefits owed to the laid-off emploUber is preparing itself now for the harsh reality that it won't recover all its customers once the pandemic ends, said Wedbush Securities

Uber has also instituted a hiring freeze, the company said in a regulatory filing on Wednesday, and CEO Dara Khosrowshahi will forgo his salary for the rest of the year. Uber expects to spend roughly $20 million on benefits owed to the laid-off employees. 

Ee lowda gallu weekend customer service off

Even for drivers

Inka peekite  ante

Restaurant ki vellina taruvata order rale antaru

Eppatike same order 3-4 members ki sending 

Em lowda gallu 

[ring_master]

3 minutes ago, kevinUsa said:

Ee lowda gallu weekend customer service off

Even for drivers

Inka peekite  ante

Restaurant ki vellina taruvata order rale antaru

Eppatike same order 3-4 members ki sending 

Em lowda gallu 

Ade effect ankunta customer service ollani Lepesaaru  

[snoww]

Cars.com, a Chicago-based online car-buying company, laid off 170 employees this month, the e-commerce company announced in its latest earnings report.

Due to challenging market conditions amid the coronavirus crisis, Cars.com furloughed about 250 employees on April 1 and later cut 170 permanently, effective May 1. The layoffs account for about 9 percent of its workforce.

Additionally, Cars.com reported salary reductions and other cost-cutting strategies to help offset revenue losses from COVID-19.

[jaglaqq]

Naa flatmate ni big blue lo ivala letting go Ani chepparanta . All over USA affected in that company . Numbers might be very high .

[sureshkonda]

3 minutes ago, jaglaqq said:

Naa flatmate ni big blue lo ivala letting go Ani chepparanta . All over USA affected in that company . Numbers might be very high .

Ibm kada ? 75% staff ni peekuthunru us la

[jaglaqq]

28 minutes ago, sureshkonda said:

Ibm kada ? 75% staff ni peekuthunru us la

Yes . 75% theleedhu but lot of ppl annadu. 

[sureshkonda]

2 minutes ago, jaglaqq said:

Yes . 75% theleedhu but lot of ppl annadu. 

 

[sri_india]

57 minutes ago, sureshkonda said:

Ibm kada ? 75% staff ni peekuthunru us la

Ibm lo 75% anteee eee patiki Chala companies musukoni undalsindi... Highly impossible 75 % may be 10 to 20 %

[AndhraneedSCS]

51 minutes ago, sri_india said:

Ibm lo 75% anteee eee patiki Chala companies musukoni undalsindi... Highly impossible 75 % may be 10 to 20 %

7.5 emo

 

[Mr Mirchi]

June lo lay offs ani bola ma comp lo... jai balayya

[tom brady]

Maa dantlo oka 30% out last month lo

[VictoryTDP]

4 minutes ago, Mr Mirchi said:

June lo lay offs ani bola ma comp lo... jai balayya

Recover ayyinda bro iyala? 

[snoww]

10 hours ago, sri_india said:

Ibm lo 75% anteee eee patiki Chala companies musukoni undalsindi... Highly impossible 75 % may be 10 to 20 %

Thousands lo ani talk. Exact number not given yet.

But this happens in IBM every year. It is a gone case. 

[snoww]

1 minute ago, snoww said:

Thousands lo ani talk. Exact number not given yet.

But this happens in IBM every year. It is a gone case. 

International Business Machines Corp. cut an unspecified number of jobs across the U.S., eliminating employees in at least five states. The company declined to comment on the total number, but the workforce reductions appear far-reaching.

“IBM’s work in a highly competitive marketplace requires flexibility to constantly add high-value skills to our workforce. While we always consider the current environment, IBM’s workforce decisions are in the interest of the long-term health of our business,” company spokesman Ed Barbini said Thursday in a statement. “Recognizing the unique and difficult situation this business decision may create for some of our employees, IBM is offering subsidized medical coverage to all affected U.S. employees through June 2021.”

Based on a review of IBM internal communications on the Slack corporate messaging service, the number of affected employees is likely to be in the thousands, said a North Carolina-based worker who lost his job along with his entire team of 12. “This was far ranging -- and historical employment ratings, age and seniority did not seem to matter,” he said. The person asked not to be identified on concern that speaking publicly may impact his severance package.

[jaglaqq]

Oracle lo last week chala mandhi vellaranta. One of my friends was working for a startup acquired by oracle. He also got affected.