Version: 2008
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Comments on: The week in tech layoffs

The long list of companies planning staff cuts ranges from Pandora to Tesla Motors, leaving a slew of highly trained workers looking for new opportunities.

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by TomMariner October 17, 2008 2:36 PM PDT
It's funny -- When the ecomomy turn up, every CEO prints a 128 page four color annual report that says what a genius he was to have his company go up almost as much as the stock market. When the CEO messes up, the current conditions are the total reason.

XM / Sirius spend millions lobbying for the merger with the cry of even better service and no layoffs. Three of my favorite channels that played music are replaced with commercial radio over satellite with 60% commercials -- and yeah, I really the layoffs were not a result of the merger. Our Washington agencies that are supposed to be watching out for us (and the entire legislature) are bought and paid for by these fat cat companies.

Tesla's rep is that they were a bunch of Silicon Valley geeks that didn't need no steenking help from those clowns in Detroit who had been learning about building cars for a hundred years. Then they had a change of heart and decided that the device had great circuits and super software but couldn;t transport anyone reliably, so enter the experienced guys. Well, guess what, the geeks are still in control and when times get bad, they made the "tough decision". The tough decision is to fire yourself, jerks, My bet is this thing will go the way of the Tucker -- along with the lawsuits from all of the suckers who laid out cash for dealerships and cars. Wonder if they will circle the block with barefly functioning Teslas at the triall.

If Pandora had managment with the sense of an ugly third grader they would be climbing Mount Money. The only good player in the market, MusicMatch, was bought up and instantly killed by the bright lights at Yahoo. Yeah the same guys who watched their stock drop to a third of what a dumb, cash -rich company offered a few months ago.

Management talent abounds. At least they will be able to pay themselves gazillion dollar bonuses for running a company so badly that they had to get rid of the talent and die a rapid death. Ah, American business management -- If they get any worse, we are going to have a total meltdown.
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by twowan October 17, 2008 3:21 PM PDT
it's high time for truly a NEW new economy... they can always join the talent pool at laboratoryfilms.com... there's room for all of them...
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by twowan October 17, 2008 3:28 PM PDT
It's high time for a new NEW new economy... how about professional networking? Well, they can always join the talent pool at Laboratory Films... there's room for all of them
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by humanssssss October 17, 2008 6:05 PM PDT
Market correction. This is a necessary good to improve companies who build their business solely on credit. A lot of businesses are at a disadvantage to those who are capitalized well because of the increase money supply created through VC and other credit investment vehicles.

It is appropriate this correction will bring forward a new economic system that will have better resilency against future failure and necessary for the failures of company to induce creative destruction to provide opportunities for others.
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by dallas7 October 17, 2008 6:58 PM PDT
An excellent use of the Dilbert Mission Statement Generator.
by dallas7 October 17, 2008 6:59 PM PDT
Darn. I was really hoping for some rapid rich best adult pictures Internet applications for my Tesla's on-air and off-air business social network video microblog online ad marketplace residential real estate broker. Maybe next year.
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