First the pep talk -- then the pink slips
Workers at the Daily Voice were promised good news last Friday, only to find out on Monday they've been fired without severance.
That's the two-part message employees of hyper-local news site Daily Voice received after CEO Zohar Yardeni resigned last Friday and set off a company cliffhanger that spanned the weekend.
The ending was a bit of a letdown, though, as a whole lot of people were sent packing.
After Yardeni stepped down on Friday, Daily Voice Chairman Carll "Two Ls" Tucker sent an email that employees understandably saw as a harbinger of great things to come.
Monday morning we will share with you the news about where we're going and how we're going to get there. The news is good -- but you'll need to sit tight while we finalize our plans. Check your email about our company-wide phone conference early Monday morning. I am pumped about the prospect of working with you to build a great company.
Awesome, right? You'd be totally "pumped" to go into work with Carll on Monday after reading that too, no? But like lemmings who saw only the lovely meadow and not the jagged, lemming-corpse-strewn cliff beyond it, employees happily trotted into Daily Voice offices on Monday only to be fired without severance packages, according to the Boston Business Journal.
That finalized plan for a "great company" included closing all 11 of its Massachusetts sites and going through with widespread layoffs at 41 sites throughout New York and Connecticut. According to a tip received by Gawker, employees were given individual meeting times that appeared to be part of that "working with you" clause in Tucker's email but turned into individual firing sessions.
You don't want to say the employees should have seen this coming -- as they almost never do -- but the signs were there. Daily Voice and its Main Street Connect sites were built to compete with AOL's (AOL) Patch local news sites and even had a budding rivalry brewing with them, according to media industry blogger Jim Romenesko. Patch went through its own bout of layoffs, documented by Business Insider and PandoDaily. A story that ran on The Awl last month featuring a jilted employee's take on working at Patch was unkind at best.
Maybe the signals were there for Daily Voice employees to miss, but that's beside the point. Leaving work on Friday not only employed but with the boss promising better days ahead, a person would have to be a hardened cynic to come in on Monday with a box to pack up the desk.
Yet the Daily Voice employees' experience is yet another unflinching reminder about the inherent nature of business, an ideal predicated on the money-making notion that there are no human beings, just human resources.
All I see in the comments are the blaming the current and previous administrations, but where is the blame for the trifling way this was handled.
That's just a cruel way and it not illegal, but it sure is less than honorable.
That pretty much sums up Obama's 2008 campaign and first term as POTUS.
Tucker is totally out of touch with his "human resources". He clearly lacks the empathy needed from a successful Chairman. Lay-off decisions are a necessary evil in business and must be handled with great care as they set the frame work for the company's future success. Good luck Daily Voice, you're going to need it.
There is always trouble in paradise when the CEO of a company resigns......
YeahI had that happen to me. Spent 3 months negotiating with a prospective employer, did my due dilligence & everything seemd to look good. Upon receiving an offer letter moved my family 1600 miles away from everything we knew. 80 days after getting hired we had a "Things are slow but we have alot coming up so Dont Worry" meeting, 7 days later guess who got let go....
Ultimately though, I was only unemployed for 9 days, found a better, substantially higher paying job & have been here almost 4 years now.
I think the Daily Voice was just trying to beat the rush in people being pushing out the door or put on 30 hours or less a week to avoid the costs of OBAMA CARE.
Wake up and smell the coffee. Do you think that there is no inflation? Most housing sales are to investors not John Q public. Do you feel richer today that you felt in 2007 when the Democrats took over the House with Nancy Pellosi ran the place?
Good news??? We are drowning in debt, 16 million looking for work, sequestration proposed by the POTUS. What are you people smoking? The worst is yet to come. Bend over and kiss your azz goodbye. What morons. All hail the Emperor!
The psychological contract which once traded job secuirty for employee loyalty has been forever breached. No job is forever anymore.
Just remember to wink and nod when they prattle on with the "but were a team" skit.
The impact of the tax hikes is partly being offset by higher pay: Hourly wages rose 4 cents to $23.82 last month. Wages have risen 2.1 percent over the past year, slightly ahead of inflation.
From the headline MSN article about jobless decrease "whatta riot". You couldn't make this stuff up???Wait the black ops (psyche ops) are.
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
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These hot movers could rise by double digits in coming months.
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