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Just in: GoDaddy is laying off 8% of its global workforce.
May be that would be even good than their support staffPerhaps their phone antisupport will be replaced with AI.
@Acroplex thank you for Your great article !
Nice job
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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
What are you talking about? Stock is up 45% last 5 years.And this is not just my opinion. It is clear to everyone - look at the 5 year stock chart.
@JB LionsWhat are you talking about? Stock is up 45% last 5 years.
Lot of crazy posting in this thread. GoDaddy won't survive, it's another Netsol etc.
It's a bear market, layoffs are pretty common right now. Just today more news of Yahoo layoffs, Microsoft layoffs, Newscorp layoffs.
Today's News:
Rupert Murdoch’s News Corp to Cut 1,250 Jobs, Laying Off 5% of Workforce
Yahoo to lay off 20% of staff by year-end, beginning this week
Microsoft announces another round of layoffs impacting Washington workers
@JB Lions@JB Lions
Only you can save yourself from your inherent ignorance.
GDDY - Aman CEO announcement date - 08/01/2019 - $74.23
GDDY Today (02/10/2023) - $80.32