Articles by tag: layoffs

Navigating Layoffs with Positivity and Purpose: A Marketers Perspective

Man sits with his hand on his head in front of a laptop

In this episode of Pro AV Today, host Ben Thomas is joined by Michelle Okeke, an accomplished marketing professional with extensive experience in high-profile tech companies and advertising agencies, shared an intimate and personal perspective on job layoffs, a scenario that she has endured throughout in her career. Okeke shares insights on the…

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Businesses Fearing a Recession Should Use AI to Optimize Their Supply Chain

Thanks to high inflation, rising interest rates, and massive job cuts, fear of recession has become modus operandi for most businesses. Even with year-over-year inflation somewhat cooling and with the shuttering of Silicon Valley Bank, the Federal Reserve shows no signs of continuing its path of demand destruction with interest rate hikes. A bearish…

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Spotify Will Cut About 6% of Jobs in Latest Tech Layoffs

(Bloomberg) — Spotify Technology SA is planning to cut about 6% of its employees, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The move was announced in a filing Monday morning, confirming reports from over the weekend that there would be job cuts….

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Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues

(Bloomberg) — Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed. In an internal meeting, Sundar Pichai, who is CEO of Google parent Alphabet Inc., said he had consulted with the company’s founders and board in making the decision for…

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Technology Jobs: The 2023 Outlook

Ben: Hey everyone. Thanks so much for tuning in today. I am your host, Ben Thomas. Today we’re going to take a deep dive into what the technology job market looks like for 2023. If you were to ask somebody on the street what their opinion of the job market in technology for 2023…

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Big-Tech Layoffs: Recession or Mismanagement?

“The recession is coming; the recession is coming! ” – Paul Revere, 2022 As whispers of a pending recession become louder and louder, it stands to reason these major layoffs in big-tech are a preemptive measure to keep companies afloat. So far, we’ve seen companies like Twitter, Amazon, Meta and more laying off, in…

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Architecture & Design
Should Mortgage Lenders Be Laying Off Their Pros in This Housing Market?

The never-ending wave of rising interest rates, and therefore pricier debt and consumer demand destruction, is turning buyers away from new home sales. Mortgage lenders are now laying off their pros in droves, hoping to weather the quagmire of a weak market. Is this short-term hemorrhage the right move? Origin Bank Sr. Mortgage Loan…

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panasonic pt-rq18 laser projectors
Rentex Welcomes the Powerful Panasonic PT-RQ18 Laser Projectors!
June 23, 2024

More Panasonic PT-RQ18 laser projectors with cages have just arrived at Rentex. As the exclusive subrental provider of the RQ18, Rentex offers this state-of-the-art projector, known for its 16,000 lumens at 208v and 15,000 lumens at 110v. The PT-RQ18 is the smallest and lightest 16,000 lm 3-Chip DLP™ 4K projector in its class, delivering unparalleled…

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DMX Controllers
Rentex Unveils Jands DMX Controllers and Cases for Rental!
June 23, 2024

Rentex has just added the cutting-edge Jands DMX controllers and sturdy cases to their rental lineup. These high-performance controllers deliver precise lighting control, perfect for making any event unforgettable. The durable cases ensure your gear stays protected, ready to perform wherever your gig takes you. Rentex continues to provide top-tier AV equipment for all professional…

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panasonic th-55eq2 4k monitors
Panasonic TH-55EQ2 4K Monitor Gets the Royal Treatment!
June 22, 2024

One of the Panasonic TH-55EQ2 4K monitors is currently undergoing a meticulous quality check at Rentex. This 55″ professional display features 4K Ultra HD resolution, ensuring stunning image clarity and color accuracy. The Rentex team ensures the monitor meets all performance standards and is in perfect condition for its next rental. This process underscores Rentex’s…

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panasonic uc4000 4k eng camera
Panasonic UC4000 4K ENG Camera: QC, Process, and Storage
June 22, 2024

The Rentex team is conducting a thorough quality check on the Panasonic UC4000 4K ENG Camera, ensuring it meets our high standards. This comprehensive process includes checking for any necessary repairs and optimizing the camera’s performance. Once maintenance is complete, the camera will be meticulously stored, ready for its next rental. Rentex’s commitment to quality…

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The Impact of Tech Layoffs on Remote and Overseas Workforces
June 30, 2022

As businesses search for profitability in the face of a potential recession, many tech companies have made the difficult decision to layoff significant portions of their staff. But what, if any, impact does this trend have on the remote and overseas workforce? We asked Lach de Crespigny, Co-Founder of Revelo, to break down this impact and…

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Thanksgiving Sees Drop in Jobless Claims, But Layoffs Continue
December 11, 2020

There’s more behind the latest dip in jobless claims than meets the eye. Three factors contribute to the reported numbers: Thanksgiving, seasonal hiring, and inconsistent state reporting. Over the Thanksgiving holiday, those that recently lost their jobs likely held off filing for unemployment until the following week. Seasonal holiday jobs are also inflating the hiring…

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