- Impact
- 6,177
Just in: GoDaddy is laying off 8% of its global workforce.
First month only $1 - https://subscriptions.hookedonphonics.com/enhanced/combo
"Your" GDDY? I don't currently own any GoDaddy stock.
Maybe some of that people will come into domaining ?
@JB LionsThis is no surprise. The CEO, Aman, has been killing this company since he took over in 2019.
Years ago, I could call and talk to a rep. who was seasoned and knew the answer, or how to fix the problem I was calling about. Not anymore.
Aman has instilled a toxic culture and has off-shored everything. Chances of getting a USA employee when calling their help line is not good. Aman’s idea of increasing net profit is by reducing costs - By firing USA employees and hiring overseas at a fraction of the cost. Aman has no idea how to increase revenue.
And this is not just my opinion. It is clear to everyone - look at the 5 year stock chart.
@Acroplex thank you for Your great article !
Nice job
---
Yep
It's a new trend started at 2022
Amazon Plans to Cut 10,000 Jobs
https://www.namepros.com/threads/amazon-plans-to-cut-10-000-jobs.1288599/
Meta to cut more than 11,000 jobs in one of the biggest layoffs this year
https://www.namepros.com/threads/as...nk-their-domain-holdings.1287472/post-8758887
and it's going on now
Philips to cut 13% of jobs in safety and profitability drive
https://www.reuters.com/markets/eur...-jobs-drive-improve-profitability-2023-01-30/
Ford is laying off about 3,000 workers
https://www.nbcnews.com/business/autos/ford-laying-3000-workers-rcna44237
AI will and new technologies will push this trend up