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My uncle told me to ignore the hype about that big tech layoff story
He worked at a company in Austin that cut 200 jobs last year, and said the headlines never mention how many of those were voluntary buyouts or people moving to other projects. I dug into the reports and found over a third were internal transfers, not straight firings. Makes you wonder how many other 'mass layoff' stories are missing that kind of detail... has anyone else found a big gap between the headline and the real numbers on a news story?
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charles_baker2818d ago
Spot on, that happens all the time. I saw a report about retail layoffs that counted not renewing seasonal contracts the same as firing full time staff. Makes the number look way scarier than it is. Media loves a panic headline for clicks.
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ray17318d ago
Notice how those seasonal jobs are the first to go when things get tight though. My cousin worked holiday retail and they just never called her back after January. That's still a lost paycheck for real people even if it's not a formal layoff. The headline might be simple but the worry behind it isn't made up.
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wren23018d ago
Right, because seasonal workers famously pay their bills with "not technically a layoff" coupons. Guess we should just ignore the whole part where people suddenly can't afford groceries.
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