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Nairaland Forum / Nairaland / General / Jobs/Vacancies / You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call (53485 Views)
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Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Skillsnigeria: 12:52pm On Dec 06, 2021 |
Ok |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by omoadeleye(m): 12:54pm On Dec 06, 2021 |
SmartyPants: Do you expect them to use the new cash to pay workers? 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Debra911(f): 12:54pm On Dec 06, 2021 |
olisefom:Who shall be the labour force 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by pauladonis(m): 12:55pm On Dec 06, 2021 |
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Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by vislabraye(m): 12:57pm On Dec 06, 2021 |
ademasta: Yes. The maximum is 1,000 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Kobicove(m): 1:06pm On Dec 06, 2021 |
Craigslists: The $750 million was a cash infusion not sales proceed! |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by dfrost: 1:07pm On Dec 06, 2021 |
ademasta: Yes. Up to 1,000 with add-ons. 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Ayemileto(m): 1:08pm On Dec 06, 2021 |
doggedfighter: Yes. In the Video, he said severance package and 3 months advance (or something like that). 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by ICEWIN: 1:11pm On Dec 06, 2021 |
NoFucksToGive:idiot u should be the one. simple correction you can not perfect. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by SmartyPants(m): 1:11pm On Dec 06, 2021 |
Opexzy: omoadeleye: I clearly never said so. But that cash injection is clearly sufficient to fix any structural leakages that would have attributed to covid. The market has recovered across the global economy, so there is no further argument as to the company suffering from Covid. But moreover, no one is pumping 750 million venture capital into a company that is in distress. Thus it is completely bewildering to cite covid-related distress as a causal factor for sacking 9% of one's workforce. This idea is made even less plausible by the fact that the company's valuation has just shot up. Read the full article and stop speculating. And if that is not enough for you, the CEO has already hinted over and over again that the fred staff were fired due to laziness. It's all in the article. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by dynosur: 1:17pm On Dec 06, 2021 |
ademasta: You have been using free version all your life. 2 Likes |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Mayeldah(m): 1:20pm On Dec 06, 2021 |
The remaining staffs should start job-hunting right away He may return in January for part 2 sacking |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Edusouls(m): 1:29pm On Dec 06, 2021 |
Kai see work place wickedness? For this festive season, if it’s Nigeria now u people go begin talk, this is USA for you.. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by omoadeleye(m): 1:30pm On Dec 06, 2021 |
SmartyPants: The reason for laying off workers is due to some market conditions and to continue the company to be a going concern, You literally did not know what the company is facing, and the company is in the banking industry and i believe people are making enough transactions. And you said capital can't be rendered to a distressed company, i will tell you that you are absolutely wrong on that, cause when a company continuity is being threatened, they can either liquidate or try to raise some forms of capital in order to continue as a profitability company, since it's in the company interest to reduce the workforce, thou it's an harsh development but it's as well for the betterment of the company and can be temporary pending the time the company will get back on it's and start employing new employees. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by toujurs: 1:31pm On Dec 06, 2021 |
boobsdik:Oh indian, very shitty people 2 Likes |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Unclefemolala(m): 1:42pm On Dec 06, 2021 |
ademasta: Oga it's a company so they'd pay for Professional zoom package which houses over 1k members with lots of features Just like Ms Teams which is unlimited You think it's like your free basic version that times out after 40mins 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by SmartyPants(m): 1:42pm On Dec 06, 2021 |
omoadeleye: Of course a company can raise funds when it is distressed, but I was specific. I said venture capital whcih is essentially what they have done - now for venture capitalists to give you that much money, your company must either be in great health, or will be in the near future. In either of those cases, firing staff becomes unnecessary. And are the only ones in finance? Who else has fired 900 staff that you know off? All this speculation is unnecessary. It is clearly written why he fired them and it was entirely due to their performance: Garg later reiterated his stance on a blogpost on Blind, saying he was cutting some staff for "stealing" through laziness. "You guys know that at least 250 of the people terminated were working an average of 2 hours a day while clocking 8 hours+ a day in the payroll system? "They were stealing from you and stealing from our customers who pay the bills that pay our bills. Get educated," he add[font=Lucida Sans Unicode][/font] |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Oluwademilade: 1:50pm On Dec 06, 2021 |
boobsdik: Na wetin I want talk be that. Very wicked set of people 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Ikea81: 1:58pm On Dec 06, 2021 |
Na so I go one interview....as I reach there see indians everywhere just left without waiting to be interviewed. I no want nonsense |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by omoadeleye(m): 2:07pm On Dec 06, 2021 |
SmartyPants: I believe there is already plans to fire all of them. Working for 2 hours and clocking 8hrs work is just an excuse.... In all and all, what will be will be... |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by jeff1607(m): 2:20pm On Dec 06, 2021 |
Penguin2: Was waiting for someone to say this Try starting up a business in the US and you’d understand |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Raypawer(m): 2:32pm On Dec 06, 2021 |
1 Like
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Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by DeipTruth(f): 2:33pm On Dec 06, 2021 |
Jeezuzpick: I've actually had good experiences working with them. They're very brutal and they taught me a lot. No emotions whatsoever. They play hard too, very hard too. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by lakesidepapa(m): 2:46pm On Dec 06, 2021 |
pauladonis: How can I contact you sir? |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by BLoomfrancs(m): 2:53pm On Dec 06, 2021 |
boobsdik: Indians are the shittiest people to work with in the world. 2 Likes |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by olisefom: 3:14pm On Dec 06, 2021 |
Debra911: The ones that find it impossible definitely. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Penguin2: 3:19pm On Dec 06, 2021 |
jeff1607: You are talking as though it is very difficult to own a business in the US. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by Foolishbuhari: 3:22pm On Dec 06, 2021 |
ademasta: Yes! The premium paid package 1 Like |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by engeen(m): 3:42pm On Dec 06, 2021 |
Yes. isaiah4life: |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by sulaak(m): 3:47pm On Dec 06, 2021 |
Asian and their racism... including its entire diversity, equity and inclusion team, which deals with complaints about racism and sexism in the workplace. |
Re: You're Fired If You're On This Call, CEO Lays Off 900 Workers On Zoom Call by cmecproblem(m): 3:48pm On Dec 06, 2021 |
CEO be relieving stress at the expense of jobs. I'm sure removing the burden of paying 900 salaries is therapeutic. |
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