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Even Apple has to think about spending. Google, FaceBook, Twitter, and others shouldn't have hired the numbers they did in the first place.
Google was given an ultimatum by a hedge fund to lay off employees and divest.
So umn……
 
Apple: Makes $30 billion in profit every quarter

Also Apple: Here let’s fire some people making $30 an hour! That’ll really move the needle.
Wow talk about a bad take and not knowing how business works. Why pay people to just sit when they don't have anything for them to do!?!? This take is what's wrong with people's attitudes towards business these days!
 
Layoffs are a work stoppage that can be temporary or permanent with no option to remain with the company. This is an elimination of unnecessary positions with the option to apply to other positions within the company. This may be a work from home group that was no longer manageable. If they all choose to take other positions within the company this would be net zero shift in headcount.
If they stay with the company then they weren't laid off. Most employees affected by this (I assume) will not be staying with the company though. This sounds like the exact definition of being laid off.
 
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And that's why employees have no ethical issues with pulling whatever they want on their corporate overlords. The corporations will cut your throat to please shareholders. Employees deserve to do the same to the corporations I suppose.
They definitely have the right to do the same. “Life after lay off” keeps saying every employee should treat themselves as a free agent and always try to find a greener posture rather than sticking to the old place that offers no growth. Since corporations care nothing more, so does employees.
 
…they can re-apply for their old position again, then why fire them in the first place?

Possible answer: they get their old job back BUT are a contract employee, not full time and/or they return via the infamous temp agencies that all the big corps use.

when I worked for Intel, they did to many people, and also made liberal use of long-term temps: full time employees, minus stock options and other benefits. Just horrible IMO.

It was an eye-opener for me, corporate world, glad I went into the military instead. I have friends that thrive in that culture though, so to each their own.
 
Its one reason to always keep the resume up to date. I love the job that I currently have but I understand that tomorrow that job may not be there tomorrow. The company won't think twice about letting people go and I won't think twice about moving to an even better job whenever I want to. There is no loyalty any more
Blame the cutting edge nature of capitalism. When AI starts to take over humanity, humanity will falter far quicker than we would like to admit because the connection between people no longer exist.
It would be bad for someone if they switch the jobs too often tho, so there‘s always a balance to make, and brushing up interview preparation is another ball game. I would find myself in a sticky situation if my life encounters so many lay offs that is beyond my control (Aka not me making mistakes etc).
 
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Businesses do not exist to provide jobs. If they could do everything with one employee they would. And that’s not a bad thing. They should start by firing all the DEI people though.
Makes sense in some degree. I bet if amazon can be operated and managed purely by robots and AI the CEO would do it. It’s just that we are not there yet and ramification would be massive.
 
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The way corporations treat employees is sad. They treat them like a utility—on when you need it and off when you don’t. The execs use all the money the company makes to buy back stock, make earnings look pretty, and enrich themselves with fat pay packages linked to stock performance. Then the moment the economy turns they let employees go because they need to “manage expenses” (in other words keep earnings elevated, often at record levels, despite falling revenues). What ever happened to rainy day funds? A company like Apple should be able to withstand a decade or longer of no growth or even falling revenues without laying off a single employee.
 
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“Apple told employees that these are not layoffs, but streamlining.”

So if I take an iPhone without paying for it, it’s not stealing, it’s inventory correction.

Streamlining’ project leader goes for next job interview; so tell us, how did you ‘streamline’ the staff base, exactly? Oh we laid them off. Interviewer is a Macrumors forum reader, looks perplexed at co-hiring colleague. “Thanks for your time, but we’re looking for someone who speaks English, not corporate crap.”
 
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I've been through this sort of thing myself. The position is eliminated, but the employee is allowed a certain period of time to apply for an open job elsewhere in the corporation.
And if they don't get that position? Would that not be a layoff? You can put extra steps in the middle but if the end result is unemployment after a business goes through structural change, that's what it is.
 
RIFs are a part of the private sector, but this quote "Apple told employees that these are not layoffs, but streamlining, and that the changes are aimed at improving the upkeep of stores globally" is a load of malarky. Just call it what it is, a group of people won't have a job tomorrow and will be really stressed out until they find something else, if they find something else in this difficult job market. They are 100% layoffs. This quote came from a room full of people with silver tongues and no soul. I've got something you can streamline.

Exactly!
Call a spade a spade. Apple is so afraid of bad press that they'll spin everything. yet people gobble it up.
 
Apple: Makes $30 billion in profit every quarter

Also Apple: Here let’s fire some people making $30 an hour! That’ll really move the needle.
I Really wish people would read and understand the story before commenting.
 
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How touching. They’re allowed to apply for a job that Apple isn’t hiring for.
And if they choose not to, they can get up to 4 months pay. Did you even read the story?

Exactly!
Call a spade a spade. Apple is so afraid of bad press that they'll spin everything. yet people gobble it up.
And others will just make up things that aren’t in the story because…. Well…
 
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