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News on Medial
Microsoft’s constant layoffs risk creating a culture of fear
The Verge
·
21d ago
Medial
Microsoft is undergoing significant restructuring with major job cuts, impacting 15,000 employees within months, marking the largest layoffs in over a decade. The layoffs span various departments, including technical, strategy, and sales teams, and extend to international roles. This move aligns with Microsoft's focus on AI infrastructure investment rather than reducing headcount in those areas. The workforce is experiencing low morale, fearing that layoffs may become the company's new norm.
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Longtime Amazon employee criticises tech giant's work culture in retirement reflection - The Economic Times
Economic Times
·
27d ago
Medial
A longtime Amazon employee, upon retirement, criticized the company's shift from its "Day 1" philosophy to a "Day 2" mentality, characterized by stringent return-to-office policies and a competitive environment influenced by performance improvement plans. This has purportedly created fear of termination and a toxic work culture. The employee also noted leadership instability, which has affected staff morale, and highlighted Amazon's current layoffs echoing trends among major tech firms.
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Will stop urging people to visit Kashmir, not worth the risk: Kunal Bahl
Inshorts
·
3m ago
Medial
Snapdeal Co-founder Kunal Bahl shared visuals from his recent trip on social media and wrote, "Beauty of Pahalgam from my last trip." He added, "Despite people's fear of going to Kashmir, I've always been the voice that's been telling those around me to go experience its beauty, culture." He further said, "I'll stop doing that now. Not worth the risk."
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Do your systems deliver performance or just track it?
Inshorts
·
3m ago
Medial
In AI companies, performance is embedded in the system. Models optimise daily. Dashboards update hourly. Everything is measurable, tweakable, and designed to improve without manual push. This turns performance from an aspiration into an output of the operating model. It creates a culture of constant progress.
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SpaceX Starship launched on test flight in Texas after last one blew up
Economic Times
·
1y ago
Medial
SpaceX's Starship, the next-gen spacecraft intended for lunar missions, successfully launched from Texas on a repeat test flight. Standing taller than the Statue of Liberty, the rocketship aimed for an uncrewed 90-minute flight into space. The test's success is crucial for SpaceX's goal of creating a versatile spacecraft for NASA's Artemis program and future Mars missions. The test comes seven months after Starship's first attempt ended in an explosion. SpaceX plans rapid testing, consistent with its risk-tolerant engineering culture.
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Tech layoffs are way down from last year. Why does it feel so grim?
Business Insider
·
1y ago
Medial
Tech industry layoffs in 2024 are smaller compared to the massive layoffs in early 2023 by tech giants like Amazon, Google, and Meta. While job cuts this year are smaller and more focused, there is a continuous flow of bad news with startup closures becoming more common. The tech industry still feels grim due to small, continual job cuttings and the fear that the layoffs may not be over. This environment creates discomfort for employees despite software job postings showing some growth.
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SaaS firm Freshworks undertakes another round of performance-based layoffs
Money Control
·
2y ago
Medial
SaaS company Freshworks has reportedly carried out another round of performance-based layoffs. The layoffs are said to be part of the company's regular performance evaluation process to ensure the right talent alignment. Freshworks is focused on maintaining a high-performance culture and aims to provide ongoing opportunities for its employees to grow and succeed.
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Elon Musk's company directors feel an 'expectation' to use drugs with him to avoid upsetting the billionaire, report says
Business Insider
·
1y ago
Medial
According to The Wall Street Journal, Elon Musk has created a culture of peer pressure among his friends and business associates, encouraging drug use. Musk has been seen using ketamine and liquid ecstasy at parties, and current and former directors of his companies have also used drugs with him. This drug use has created a culture of fear, as those close to Musk worry about losing their wealth and social status if they refuse to partake. Musk's reported drug use has caused concerns among directors and executives, with some choosing not to stand for reelection or worrying about his behavior during meetings.
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‘F**k prestige handcuffs’: Techie’s honest take on ‘dog eats dog culture’ after layoff goes viral
Business Today
·
5m ago
Medial
A viral post about layoffs at FK Prestige highlights the 'dog-eat-dog' culture in high-paying tech jobs, sparking discussions on the personal sacrifices tech professionals endure to remain competitive.
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Amazon CEO Andy Jassy’s work-from-office mandate aims to help new recruits learn company work culture | Mint
Livemint
·
10m ago
Medial
- Amazon CEO Andy Jassy wants employees to return to the office full-time to reinforce company culture. - Jassy's memo surprised employees, who currently have the option to work from home two days a week. - Some employees speculate that the move is part of a strategy to thin the ranks after previous layoffs. - Jassy emphasized the importance of company culture in his memo, stating that it must be constantly nurtured and maintained. - Amazon has a unique culture that prizes in-person work, detailed memos, data analysis, and frank and heated debate. - Jassy has been an advocate for Amazon's culture and has actively engaged with employees to reinforce the company's principles.
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‘Came to work or enjoy with your boyfriend?’: Bengaluru intern recounts shocking sexist remarks by startup CEO
Economic Times
·
1m ago
Medial
A UX designer shared her troubling experience at a Bengaluru startup, revealing a toxic work culture marked by public humiliation and gender-based harassment. Despite joining as an enthusiastic intern, she faced constant sexist remarks and aggression from the CEO, which was directed only at female employees. The distressing environment continued until she finally left, highlighting the importance of not enduring toxic workplaces and encouraging others to not stay in harmful situations.
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