MICROSOFT NUKES 1900 WORKERS AND THE FTC ISN'T HAPPY
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- Опубліковано 15 лют 2024
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Dive into the controversy surrounding Microsoft's layoff of 1,900 Activision Blizzard employees post-acquisition, sparking significant FTC concern over anti-competitive practices. This video uncovers the harsh realities faced by the workforce, including impactful stories of employee mistreatment and the strategic dismissal masked as business alignment.
Learn about the FTC's efforts to challenge the merger based on potential harm to competition, and hear a firsthand account of misleading promotions and unfair treatment within Blizzard. This concise analysis reveals the darker side of corporate mergers and the real impact on employees' lives.
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maybe they should contribute to opensource and get payback on microsoft. open source games need them. they can make money from the open source community.
Wait as 10s of millions of jobs are wiped out during the upcoming economic collapse that most billionaires including Musk and Buffet warned about. Yet millions of young men are falling into the debt trap of romantic relationships/marriage and actually bringing/having children who will face a life of poverty as this inflation goes into hyperinflation at the same time as the middle class will be wiped out on a scale only seen during the Great Depression.
@@nomadhgnis9425Kerp having kids during these uncertain economic times, it's a good idea 🙄
You really should watch second thought, Socialism is democracy in OUR economy, that's all. Workers have a say in employer, economy and what's produced. Nothing scary unless the majority of US decide it
@@joshuagharis9017 I agree your country has socialism disguised as democracy. Your nation practices capitalism in a very strange way. The government behaves socialist and the businesses act with impunity.Opensource is not socialist. There is profit making in the open source community. Also because of the open nature of the open source software we have less security issues as compared to microsoft. Microsoft always have some security problem. Linux issues usually get fixed in a matter of hours because we have a larger dev base.
"No one wants to work anymore."
Now tell me why you're having a hard time doing the work of 5 people?
The boomer / conservative gaslighting on this topic is wild.
@@XAn0nymousX0 They want a second Gilded Age.
Under these conditions who would sign up to work?
No one wants to pay anymore...
My husband and I are in our 50s. We had to walk away from the workforce at forty to take care of dying family. When we try to reenter, not even one response. My husband has all kinds of IT experience. We finally started a youtube channel doing court cases and, in one month, got monetized. I'm so glad for your channel, You encouraged us to do it, and for that, we are forever grateful. We have found our purpose again.
Sincerely,
Trainwreck Entertainment.
I'm very happy that you guys figured out the game, accidently. There is no loyalty in the corporate life. I would also invest my earnings as well for more and more income streams. Good luck
@@raymondsmith1945 Thank you
I wouldn't give up. Unfortunately, the tech industry moves fast, so it will probably be hard to re enter the market, but surely you'll find something in time. It's definitely tough out there for everyone, best of luck.
If management can make promises that they never fulfill, why not employees? "I will have that project complete in two months." Let your excuses do overtime, not you.
real
That's how I feel regarding employers now. Every so-called promise they've made to me - every one - was broken. All my prior employers. Not some of them, all of them. Just move up or out without ever worrying about it. They aren't looking out for anyone but themselves.
Haha 100%, I have literally been applying that and it’s quite liberating.
Well sadly, that's the problem with power.
The more you have, the more you can use it to evade responsibility.
That's why we need democracy not just in politics, but in the work place as well.
The hiccup is that the employee will be held to higher standards and to higher account for their claims. Suddenly, excuses won't cut it.
When I was in my 20's, I knew 6 months ahead of time that my department was going to be laid off. I was 24. I didn't really understand the impact, because I was 24 years old. Some of my staff had bought homes, cars, were having their first child. But we were told not to say anything to anyone, because we needed them to stay through the merger. My staff, was so angry at me. One said, you knew I was going to buy a house and you said nothing you jerk. I said to myself, "NEVER AGAIN". I am now in my 60's and I have never done that again to my staff. This is not your family, learn that YOU and YOUR REAL FAMILY COME FIRST
:( damn man... that sucks for everyone involved.
@@jbkibs Yes it did. But I also learned a hard lesson. As I did not survive the last round of lay-offs. Never again did I make The Corporation my priority.
@@TMendocinoonly real problem in such schemes is that there is always a new inexperienced person who can fullfill the same role that you did back then. As long as new humans born on this planet, there is always a new gullible idiot to trick into that diagusting corporate game.
The employes are not your friends either. I learned that the hard way as well. Thats why im on no body side.
I do my job and when it doesnt fit anymore, i quit as soon as i can
@@JonathanVachon777 But they were loyal to me and made me successful. I owed them the same respect
My boss scrapped my bonus. Then tried repeatedly to quiet hire me for several additional jobs beyond my current one, with no pay raise, just work raise. Needless to say, I no longer work there. Know your worth. As long as your not window dressing, there are always jobs.
if you have developed mesothelioma, you may be entitled to financial compensation.
Bosses will feel justified having you do literally everything while they collect
yeah its east for you to say…there are always bloow jabs for you to offer. We kbow that kadyyy.
@@BoHror933Like the ones you're giving to your corporate masters by accepting the scraps they give you right?
@@BoHror933bruh I think your brain is broken lol
"If companies could get you to come to work and not pay that's what they would do."
This statement holds a lot of truth. Well said.
Ah Slavery.
well, yeah. Reddit mods work for free and so do Twitch mods yet nobody is concerned for their well-being and these twitch streamers are proud about not paying their mods.
@@lostconciousness4255 The difference there is those are volunteer jobs, what a terrible comparison...
Icecold psychopath CEOs serving shareholders and not the workers.
They're ok with slavery, but not stealing? Funny how that works.
Corporate America is hell on earth
That's because the majority are international now.
No one tell lil bro here about corporate Japan or Korea. It'll break his heart.
It's funny that 10 years ago, Activision-Blizzard was listed in Fortune magazine as one of the 100 best places to work.
That really has not aged well.
Aged like milk... 🥛
After Blizzard got acquired, it all went downhill. The only true value of that company is nostalgia. I'm actually looking forward to MS restructuring the company and stop putting marketing people to lead the company
To be fair 10 years ago was a whole decade ago.
A lot can happen in a decade.
This makes me worry about their aquisition of OpenAI.
When I went through a merger, they offered optional severance to the mediocre people so they would leave. Top employees did not get the option. They were then overworked and half ended up quitting with no severance over the next two years. This is how that company repaid the hard working people.
Parasites running companies destroy these companies eventually.
The tech industry is garbage. Life was fine before Microsoft and all this digital crap including UA-cam.
I had something similar happen to me about 7 years ago. My boss told me that he wants me to be a lead developer and to act as one right away. But my title would remain the same, as would my salary. He said, “do this for 6 months, and if all goes well, we will make it official”. I think I just listened to him in disbelief, and resigned the next week.
😢you did good. It's never worth it ever!
I foolishly accepted a position like this. Spent 3 years being miserable. Quit 2 weeks ago
@@localjess838 I learned the hard way. My first real job after university, I was promised a promotion. That was the only reason I stayed at that job. 6 months passed, then a year, and instead of getting the promotion that they promised, they let me go after my project was finished. After that I never trusted any manager again, not unless they produced a written and signed contract. Talk is cheap.
@@localjess838respect. My salary was raised by a meager 4% and I am a lead developer AND (now sadly) a team lead and being a team lead of the Support Team (Level 3) with 2 very good and quickly-learninf, but still very junior-ish developers is stressing me out a lot.
Instead of quitting I heavily dialed back the amount of work I do. Apparently our customers are still happy, so I guess it's okay for now. Effectively I am working about 3/4ths of the time, but I am looking to switch companies again.
I'm from Germany though, but it's still awful over here, too.
Smart.
I've been lurking in your audience for a few years now. A month ago I was part of a RIF at a large health care company. They posted our jobs with recruiters at 50% less than what we're being paid. I just got a contract job making 80% more than what they're paying me. I'm so grateful they laid me off.
UnitedHealth Group? For a Fortune 500. This company sure is shady.
Yeah, I was encouraged to take a package. It was clear that if I didn’t accept the package, that I would be laid off and receive a smaller package. I took a contract job near home at a slight pay cut and started looking for a better job. I finally found a great job through a recruiter and received a 40% raise.
I turned down a “promotion” once because the first thing I asked about was the pay increase. Turns out there wasn’t one.
Congrats here's more stress! It's okay because you are working for the greater good.
Nearly all problems in the US can be traced to corporate executives.
It can be traced to stock market. CEO serves the stock market. Stock market is 401k. It is your problem so.
@@coshvjicujmlqef6047 This argument is some neo-liberal bs. You clearly are part of the problem.
No one is safe regardless of how many years of experience or certifications you have. It’s best to work for yourself.
Or have a marketable skill that you can take somewhere else.
Or lie flat
Or go into an essential field or trade.
@@SKBottom i assure you that no matter how essential you think you are; someone will let it burn out of spite to prove you wrong.
I left my full time job today .... everyother day they were changing technology and 3days to 2 weeks of deadlines .... directly asking to overwork with a very low salary.
I was working ab15 hours a day ...
So I finnally left my job
They also laid off a ton of customer support staff and people have been getting false bans and when putting in a support ticket everyone keeps getting the same copy and paste response from only to GM’s people are speculating that no real humans are reviewing cases and it’s all just AI now…
a autoresponder ist not "AI"
@@majstealth Microsoft has been working the past 10 years almost on AI to replace the customer support workers! It looks like an auto-reply system, because after 10 years of development, it still sucks!
@@hristoskof1 it's not. At least not yet.
@hristoskof1, of course, it sucks that kind of infrance of tone requires human intelligence and very well might never ever get outsourced to AI.
yea, Corporate America is going ot use AI to increase profits, and it's going to backfire.
you skipped the best part, where he quit and they banned him form working ALLTOGETHER for three months
and when he asked how he was supposed to pay his Morgage, they said 'get wrecked'
Imagine continuing to work at these companies. On purpose.
people have no choice
Just OE
F that
@@Vid_Masterchange career or start your own biz
@@MatthewHensley8304🤡
You should make a video about these ridiculously narcissistic recruiters on LinkedIn who literally belittle their candidates. It would shed some light on how insufferable people in tech actually are when it comes to recruiting people.
I wonder why young people aren't aspiring to become managers? hmmm. Maybe because it involves lying to others and being lied to for no additional pay. If it isn't in writing, assume it's a fake promise.
Never take on extra responsibilities or a new title without first having that contract stating your new salary!
And never work for an industry leading company -- they have no passion, they only chase dollars.
That is so true, smaller to medium size companies are exciting places where you voice can be heard. Once you reach the size of Microsoft, the company is jaded, locked in beauracracy and procedure lumber.
Microsoft always finding ways to suck.
you forgot to cover up your message with pop ups
@brinaxThey make shitty software and there are no boundaries where they suck in other places.
They should try making vacuum cleaners, because they clearly know a thing or two about sucking.
Activision/Blizzard needs to clean house
Hey now, their products offer job security without even directly working with them
The new normal is that management treats their developers like cheap consultants rather than employees with whom a long-term relationship is expected. Hire them for lower wages, expect them to work unpaid overtime to make the deadline and then jettison them when the project's done. Seen it happen more times than I care to count.
And people want to get into IT when at this point it’s more lay offs than hiring. It’s not what it used to be anymore. This time sucks to be a junior web developer
So what do you recommend?
This is the best time ever to get into break/fix.
@wes Security is big, I believe. AI, of course.
@@ice-sugar.robotics
Really!? It used to take a decade to get to senior. Juniors only stay junior for 2 whole hours these days .
My friend was fired from a software job in a small company in England. His department was DiSSOLVED.
I know his company, so I searched for their vacancies a day after we had the convo. His job was posted. His department was not dissolved, he was removed when it was convenient for them.
You need to understand the nuance when it comes to firing people. Just because a job posting with the same requirements opened up doesn't mean his department wasn't dissolved. It's actually a common trick in many a place with shaky labor laws to avoid certain duties from the employer. Dissolve dep, people aren't needed because, well... dep was dissolved. You can't move them to another dep because each is its own "team". Then form a new dep, hire people for the same duties you just fired the others in the old dep. Further down the road, dissolve... you get the idea. They'll retain people they want to retain, and get rid of people they don't want. Very common in places where each team has a different project. By the time of project delivery, your job position might, or might not, be kept in existence. Many places see contractors as employees, this is the opposite, you see employees as contractors.
My company I've been with brought up my performance on my one year anniversary, offered me a raise, I countered, they accepted, and then they back dated it to the date they brought it up to begin with. They are a moderate company, but it was a significant raise. I've worked for large and small companies where we ended up screwed, not just me, my entire team, but this one seems to be trying.
Towards the end of a 3 year job posting, my seniors tried and failed twice to recruit my replacement at the same pay, so they decided to advertise at higher pay/ grade for the same job. They had the cheek to ask me to write the job description (which was a copy+ paste of mine). They eventually found someone. When I asked my seniors if they would backdate my pay (3years) to the higher pay, they said they ‘hadn’t thought about that’ and would get back to me. Many months later they decided only to backdate my pay for a couple months as we had ‘now gone into the new tax year’ so couldn’t backdate any further than April. I found out much later my predecessor was also at higher pay, they just didn’t want to tell me. I just took the pay and ran.
You should have applied for the new position at the higher pay rate as soon as the job posted.
How are people still shocked at this behavior? This has been happening for decades. Don't do extra work without the raise being on your paycheck.
Because being outraged is such a good, wholesome feeling. It never goes out of style.
You know, there are very few reasons you can skip jury in Bexar County, TX: Being active military, taking care of kids under 12, and taking care of "invalids," like elderly. This employer is more hardcore than jury duty, the least sympathetic process ever (or so I thought).
Corporation hires you and makes you sign extremely explicit legal documents. Then offers you a promotion with a “trust me bro you will get a raise”.
And you accept. God damn have some situational awareness for gods sake.
The least the company could do is give all their game artists sleeping bags, since they will be spending some time under their desks (during test renders) while spending 20 hours a day trying to keep up with company deadline demands. Ahhh, game development, soooo glamourous.
Irvine is an exceptionally expensive area to live in, the prices are high bc one megacorp owns a bunch of smaller corps that own ALL the housing in the surrounding areas, so they internally pricefix and have awful terms in the agreements "anyone currently in the residence is on the hook for the total rent amount, even if other people leave"
Blizzard pay is fking terrible, its less than half of industry average, its as close to nothing as they can legally get and they treat you like garbage, never work there.
I’ve been given “ that doesn’t make business sense” excuse before. I countered by saying “ it’s a good business to reduce morale and thus performance? Is a good business for me to quit? Is a good business for other employees to question their incomes and follow me?” They just stared at me. I assumed I had sabotaged myself with those thinly veiled threats and begin looking for new job immediately.
Mergers & acquisitions = monopolies, price fixing and gouging.
Maybe the feds should have listened to tech companies when they said IRS Section 174 changes would result in tons of layoffs.
Lots of people will be applying for unemployment insurance I hope that state can fund all the new applicants that make them all qualified for the funds since they were laid off!
That's the plan. Overload the social systems, so we (carbon) fight each other till the economy and society crashes. Then they'll implement 1984.
Well that's 1900 skilled workers to fill the skilled worker shortage. Or is there really a skilled worker shortage....
There isn't any kind of shortage. We just have a system which relies on everyone believing there are shortages. And everyone buys it!
@@DrSpooglemon There's a shortage and I will have a course for you that help fill that shortage in a lucrative role, just pay me the lucrative price!
You are wise.
It’s language for the purpose of covering the increased use of H-1B’s to replace Americans.
I am so glad to hear that that manager was getting paid less than the people he managed, because.... that has happened to me 😊. Actually, I don't take any solace in what happened to him (or, me). When this happens, the best thing you can do is just walk out the door without saying any thing. Actually, he should have left sooner. Unfortunately, amygdala thinkers size up certain people as "safe"; aka, pushovers. These people tend to be taken advantage of.
Gaming industry is a fucking joke and has been taken over by almost literal Vampires
Breast milk vampires(?)
They're also ruining otherwise great games. They're all lousy with DEI content now that no gamer wants
@@reallue Oh jeez stop being so sensitive. Don't cry about every little thing.
@@nrXic you must be 13
Gaming died with PS3 .
We only have seen flashes of great content since then..
Corporations are garbage. Time to make the CEO's responsible for the company instead of hiding behind an entity.
Responsible for?
What’s the FTC gonna do, fine them the equivalent of 1 second’s profit?! Oh no!
That kind of thing where management makes promises, while demanding you do the job w/o the title and pay, is so old, I can't believe people still fall for it. I knew where it was going to land before he even finished his story.
I've been through two mergers and two divestitures over the last 10 years, and was able to dodge layoffs within the same publicly traded company, because my role was not redundant, it was unique to the companies value stream, and agree with your warning about layoffs is inevitable even if C-suite sends out memos and posts communications to the contrary.
And in the last 3 years I've been laid off 3x -- each company was a startup (all less than 2 years old) and all blew through private equity funding as fast as New Year's Eve fireworks. My take away is to avoid making the same mistake again.
And it's only going to get worse from here.
After the first undelivered promise, I get out of that job the first chance I get. Job hopping and job juggling is the only way to keep getting by, today.
I nearly had a company try to make me stick it out with them for 2 years to get a measly maybe 5% raise. They hired a liar for a recruiter and acted like it was a 'oh no, we had no clue'.....then had him hiring for my same position after I left. Glad I made the choice to leave. I heard my replacement was bad and my old coworkers weren't just telling me that just to make me feel better.
Mass layoffs do not make any actual sense in the majority of such cases as corporations simply think that they are improving their bottom line in the short run is great. Time and time again shows that is not a smart move. Chances are not in your favour that you are getting rid of truly talented people there is no replacement for. Which will ultimately mean some things will be lost forever.
I agree, but as of late I think that’s changing. We won’t have the new jobs replacing them.
@@TheIgnoramus That's the whole point. Corporations just make people that are left to take on more responsibilities and workload that still needs to be done. That's how they save money.
As soon as a company begins treating you like this just find another job elsewhere. No point in fighting, even if you win temporarily you will lose in the end.
The best way forward is finding local companies in your area, who want highly skilled workers and are willing and able to pay a decent wage.
That or state and federdal govt jobs. When they post, they tend to want to fill actual positions.
Be careful with government jobs, sometimes they post stuff with internal candidates in mind for the job already
Join the govt and become part of the problem...
@@raketensven3127 Or remain poor and a whiner online. Your choice. Who do think is trying to regulate this backwards?
@@raketensven3127 or get a job in corporate...
...and become a part of the problem.
@@raketensven3127 even if you live off grid, in a bunker and have no job, you're still a part of the ecosystem.
MS posted insane profits after the layoffs which placed them at a $3 trillion market cap for the first time. Greed has no bounds and I have a personal beef with that company.
You guys are confusing companies vs corporations. Companies are typically decent to work for..the boss/owner is the only mouth you are feeding..not a million investors plus an elite board.
Most companies are corporations. Corporatios are just a business structure. It's the people running it that are the problem. @@stoneneils
Could you share your personal beef? Bad customer service?
@@stoneneilsBad owner means bad business at an unincorporated company. Same shit different pile. Just fewer shareholders.
@@iExploder But small biz owners are not all bad. Corps are basically all bad.
Why do they write these stupid letters? Anyone been around "corporate America" knows that only about 3 sentences say anything truly useful.
I wonder how much money they could save on Word Salad Chefs, toner, paper, printer maintenance, etc. if they quit with the silly "press releases" and similar.
I know a couple people in my department who were promoted to leads this past year without getting any sort of raise. They were told the same kind of thing.
Let the Activision blizzard story be a lesson to not accept additional responsibilities without a pay increase specified in writing. A promotion should come with a new written offer letter reflecting the increase in pay. If it’s not in writing, it didn’t happen.
The only thing that will stop all this shady shit by companies is if everyone just airs that dirty laundry over and over. Also people need to start naming names, and stop letting people hide behind their "role" as "HR" etc.
"Dont worry...its all happening." 5:47 .....😂😂😂Dear if you aren't just as ruthless with employers at this point, you are delulu.
and Blizzard's launch of Diablo IV right when they needed all those developers has been abysmal.
9000 employees made diablo 4 and in past WoW was made by only 40 devs! This company is deserved to lay off 🤣
Diablo 4 is total trash. I regret to have bought it
I went from being a huge blizzard fan to feeling absolutely loathesome towards them and my support for their products over the course of about 12 years.
I hate when companies or managers are like we made some amazing work together and when you get layed off you cant even take credit for some of the work you made ... youll basically get kicked out with nothing to show for yourself
AI is pure cringe and trash, in tech support customers want to talk to a real live person
100%
Eh, I'd take AI over someone speaking their gibberish english from another country...but it's close
True. Human interaction over AI any day.
It's the RPA that's cringe
so? I need my microsoft stock to rise not crash.
Only naive fools live on corporate promises. You either get it on the spot or you don't, and on the latter you should be ready to quit. I know that because I've been that fool a couple of times and learned the hard way, and those were "simpler times". Nowadays, there can be no emotion involved, just business, and if you don't show them you mean it you are, essentially, telling the opposite, that you can be played again. One must be ready to always play the company before being played, as sad as it can be, it's the crazy world we live in.
Corporations are ruthless so should you become.
It's okay for the execs, they get a year or two of severance with benefits and other buyout goodies. You and me, we get 60 days of severance and a copier box to pack up our productive culture filled cube of stuff under the watchful eye of some security guard named Gus.
And I got ghosted at microsoft! 😢
Dodged a bullet.
They get millions of applicants per year, no wonder.
It's so simple to send a rejection letter to every candidate, just so they know. But many employers still don't do that.
@@noneofyourbusiness4830 now got a auto rejection mail
I'm literally in that exact same situation that Twitter guy Chris was in (in the last section of the video). Got 'promotion' with a bunch of new responsiblities back in September. Still now no pay increase or even title change. And come to find i'm making the same as a new hire (down to the penny, lowest they offer) despite 3 year tenure, the 'promotion', & highest measurable productivity on the team. So yeah. Kind of finding out the hard way how business and HR works...
I’m a former telecom employee. I can’t imagine the horror of continuing to work at one of these companies.
Once a pulled a short stint in “The Office” because my manager was a talentless lout and couldn’t work the software needed to generate our product. So I was pulled in from the field to do his job for him. While I was dwelling in the spare cubicle back in the corner I overhead that most of my department was getting laid off right before Christmas. I went outside and called my buddies telling them that as their projects wrapped up they were getting let go. Only one out of the other 14 believed me. I told them….”I’m not saying slowdown but…..don’t work any faster than you need to.” We used to get a small bonus when a project came in under budget.
1 month later as December hit they started dropping like flies. I eventually left on my own because it became too stressful to go to work everyday wondering if it was my turn to take a bite out of the shit sandwich.
Because NOTHING speaks to sustainability like manufacturing garbage that is unable to be repaired so when it breaks you throw it away and BUY MORE GARBAGE. 🙄
If the companies are treating you like this leave. I’m not saying what the did is right but their behavior isn’t going your way change so don’t associate yourself with them
Keyword is startups...i jumped from one to the other without all the interview processes and had a great carerr. Corporate public companies will never value one employee...a small company definitely HAS to. Many times they wanted to fire me asap for being an asshole when angry but had to slowly tread water becaue the code was under my control.
Makes me want to switch to Linux.
Do not wait! Start testing an OS today! Highly recommend Linux Mint if you're starting out.
This was bogus AF... Amazing when a company wants to backtrack gas light and lie about the fact that you were supposed to get a promotion and then they want to play stupid and be like what are you talking about? And you literally forward them the receipts of what they claimed that they were supposed to do for you and then they're like Oh no blah blah blah lateral move blah blah blah we're not going to promote you and give you extra pay... Like WTF?! That's gotta be grounds for a lawsuit. Dude, this was EA in a Nutshell Microsoft style... Disgusting.
Thanks for uploading. What I have heard here makes my job and managers like a dream world
Anytime your company gets bought by someone, it's never good. I've seen several company sales and the new owners either fcuks everything up so working there is intolerable or its forced, painful cuts and layoffs that eventually destroy the company.
I remember when my roommate's brother was helping us move in, who had just graduated with a Degree in Comp Sci. He proceeds to tell us how he tried to reply to a job at Blizzard...
Their response.
"You don't have enough experience."
Look at PirateSoftware aka Thor. He WAS a Second Generation Blizzard Employee, his father one of the top Blizzard directors(I believe director of Cinematics).
Thor said how overworked and underpaid everyone swas... BUT IT WAS BLIZZARD! SAd...
This channel has helped me so much. Thanks Brother.
Your Spanish is getting better and better everyday, Joshua!! Nice work in learning a new language!! I love your videos!!
WoW lore has been an atrocity the past 5-6 years. They have been loathed by the fans.
True
No one wants to work when my dad in the 90s worked one job could support 3 kids a house 2 vehicle and a cabin now I work 80 hrs a week and it's not enough
Look at all your freckles! Love them!
Soooo many layoffs this year. My friend at TD thinks he’s getting canned, and my (financial) company is definitely doing silent layoffs, doubling the in office time soon to before the amount of time we had to be in before the pandemic. Tons of higher ups leaving as well.
When I was just starting out and landed my first corporate job, I remember getting some advice from an older lady that was fairly high in the organization. She said that the rats were the first ones to abandon a sinking ship. When you see a large number of senior people leaving, start looking because your job probably won't last much longer.
I've heard other peeps closed their TD account when they colluded with Trudeau against the truckers. People should boycott TD(toronto-dominion bank). Not only that they close accounts of law abiding citizens and/or shareholders.
HR is like the person who looks the other way to help their friend finish a horrific crime.
This is why we need a crack down on these companies.
When I was living with one of my uncles, I was working with him and his wife at a job site remodeling an old hospital into an office. The guy he managed would ask multiple times a day "Hey, boss. Can I get a raise?" to which he'd keep being told "No." and even reminded that he already makes more than my uncle does.
8500 announced gaming industry layoffs in 2022. 10500 announced gaming industry layoffs in 2023. In 2024 there have been 6500 announced gaming industry layoffs ... so far.
AI
@@wulfsorenson8859Maybe partially. During plandemic season Microshaft, Facefook and other companies were hiring basically everyone that breathes, now they see they screwed up and need to fire these people. However they're probably going to fire the competent ones and keep the rest (in Polish there is term BMW employee which translates to Passive Mediocre but Loyal - google and other companies prefer to hire these types).
@@wulfsorenson8859 Is it really that big of an impact though? Where is the information on how AI is taking over industry? I'm not doubting you I'm genuinely curious.
Most articles I’ve read don’t say AI will take over right now but to compliment people’s work. Layoffs come from bad decision making at the top. Bad decision making from unqualified people.
@@DukeWoozeYou are assuming that the executives and accountants kniw anythibg about AI or its capabilities. Someone probably showed the executive team some crappy article on basketweaving written by chatgpt, and they all swooned.
Bowlero does the same thing with family owned bowling centers they buy. They don't buy to expand market. They buy them shut down competition rather than investing in maintaining and improving their existing centers.
That's disgusting, and anti-fair trade
Whoah. It's bad. Real bad!
Good to see you Josh...Keep these coming!!
went throught the acquisition twice. EVERY FKN time was the same! Massive layoffs few months later.
There's a ton of bloated companies out there. Not all layoffs are unnecessary
Except, the layoffs at blizzard over the years actually made the company less capable of producing good quality products... AND production of products, slowed down SIGNIFICANTLY.
@@MyouKyuubiBlizzard itself has become that with or without the layoffs. They make so much from WoW, they don't care anymore.
@@HH-le1vi No, that started happening at the FIRST wave of layoffs... That's what CAUSED it. :P
It just got progressively worse, in every subsequent layoff.
You see, the thing about blizzard, or, Bobby Kotick, to be exact, is that they like to fire essential employees... They don't actually fire non-essential employees. :P
Ghostcrawler, THE MAIN PR GUY leading the forums of WoW, the guy that was in charge of letting us know the going on between every development process and just overall, transparency with customers, the guy that listens to all the feedback, so blizzard could PROPERLY balance the game... And KNOW what kind of features people would like to see for future expansion packs.
He actually had to quit, because they were dumping on him the jobs of 20 other positions... So after he quit, they re-listed his position up, with those 20 other jobs, but with 50% reduced pay from what ghostcrawler was paid. :P
Ghostcrawler didn't want to keep his job, WITH his pay, so it amazes me that blizzard thinks anyone would want his job, with HALF of ghostcrawler's pay.
I don't remember how long ago this was, like 2-3 years ago maybe, but i'm pretty sure that job position is still open.
And ever since ghostcrawler quit, balancing in WoW hasn't made any sense, whatsoever, and development of expansion packs are way slower, and have way more features that get removed from the game before the next expansion. Because there's nobody listening to player feedback on the forums.
They aren't firing non-essentials, they are firing essentials... That's why it's a problem, because it's actually affecting blizzards ability to function properly.
And the reason why they're doing this, is because the higher ups want to line their pockets with more money, and genuinely think they can earn MORE money, without these essential workers.
@@HH-le1vi No, that started happening at the FIRST wave of layoffs... That's what CAUSED it. :P
It just got progressively worse, in every subsequent layoff.
You see, the thing about blizzard, or, Bobby Kotick, to be exact, is that they like to fire essential employees... They don't actually fire non-essential employees. :P
Ghostcrawler, THE MAIN PR GUY leading the forums of WoW, the guy that was in charge of letting us know the going on between every development process and just overall, transparency with customers, the guy that listens to all the feedback, so blizzard could PROPERLY balance the game... And KNOW what kind of features people would like to see for future expansion packs.
He actually had to quit, because they were dumping on him the jobs of 20 other positions... So after he quit, they re-listed his position up, with those 20 other jobs, but with 50% reduced pay from what ghostcrawler was paid. :P
Ghostcrawler didn't want to keep his job, WITH his pay, so it amazes me that blizzard thinks anyone would want his job, his position, with HALF of ghostcrawler's pay.
I don't remember how long ago this was, like 2-3 years ago maybe, but i'm pretty sure that job position is still open.
And ever since ghostcrawler quit, balancing in WoW hasn't made any sense, whatsoever, and development of expansion packs are way slower, and have way more features that get removed from the game before the next expansion. Because there's nobody listening to player feedback on the forums.
They aren't firing non-essentials, they are firing essentials... That's why it's a problem, because it's actually affecting blizzards ability to function properly.
And the reason why they're doing this, is because the higher ups want to line their pockets with more money, and genuinely think they can earn MORE money, without these essential workers.
Get everything in writing. Especially pay raises and promotions.
"Leadership is a lateral move"
Uh wut? lmao
Just getting rid of dead weight
I remember old school Blizzard from the 1990s and early 2000's... Funny how things have changed.
What was the point of the merger if you want to just fire people? Wasn't it to strengthen the two brands into one? There needs to be a one year non termination clause after these deals are made.
The video doesn't mention it but Activision hired 12,000 people while the merger was happening.
@nrXic That was stupid. I want a law to be in place that clearly states that if you cannot afford to have employees after a merger, then it doesn't happen. What is the point of it then?
@@gabrielhillceo Also, because there are redundant positions, it didn't make sense hiring more. But gaming was growing in 2022 and so they felt compelled to go on a hiring spree. Both the government and MS should have made a big deal about it.
Regardless, I'm glad the firings didn't reach that number hirings. Shareholders would've loved it.
This is me, laterally moving out the door. ✌️
Best way to start out a 7 min video with a 3 min ad!
Ooh I hate working with people that I know earn more money than me! Especially when the amounts are inconsequential!
I know I'm only one person, but I've stopped buying games from AAA corporate publishers unless they're absolute hits (not a problem, good games don't come from those publishers anyway).
1900 people is only 8% of the business...means it was bloated as fluck
OY VEY!
Companies should be forced to pay at least 6 severance salaries, if they can't, they shouldn't be able to fire you
In most european countries it is like that.
My company did layoffs last year. 3 months of health insurance and 3 months salary..plus a decent severance package...and networked to get the laid off new positions
Yeah I'm learning French so I won't have to deal with this bullshit layoffs for no reason and lack of training.
@@carrocesta …they treat their workers like human beings. Must be nice.
@@carrocesta not really the case in eastern Europe. We do have huge maternal leave, but not much in the way of severance.