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Microsoft Axed 650 Gaming Employees Two Days After Hosting 'AI Labor Summit': "A two-day AI Labor Summit between AFL-CIO leaders and Microsoft executives this week reflects the tech giant's revamped approach to unions," writes GeekWire, "which includes a pledge by the company to incorporate feedback from labor unions and their members into the development of artificial intelligence." But just two days later, "Microsoft Gaming CEO Phil Spencer announced it was game over for the jobs of another 650 Microsoft staffers (on top of an earlier 1,900 employee staff reduction)," writes long-time Slashdot reader theodp, "cuts that Spencer made clear were related to Microsoft's $69B acquisition of Activision Blizzard in 2023." Interestingly, Microsoft's Smith in October 2023 affirmed a "groundbreaking neutrality agreement" with the Communications Workers of America union (CWA) — designed to go into effect if Microsoft was successful in its acquisition of Activision Blizzard — in which Microsoft acknowledged the rights of its employees to unionize and pledged to work constructively with any who did. At the same time, Microsoft made it clear that it hoped its employees wouldn't feel the need to form or join unions, saying they would "never need to organize to have a dialogue with Microsoft's leaders." In July 2023, the AFL-CIO applauded Microsoft's Activision Blizzard acquisition and the Microsoft-CWA agreement, which AFL-CIO union federation president Liz Shuler said "sets a new standard for respecting workers' rights in the video game industry and the larger technology sector." And in December 2023, Shuler thanked Smith for Microsoft's "absolutely historic partnership" on AI and the Future of the Workforce, which Shuler suggested "can be mutually beneficial for workers, for businesses, and for our country as a whole." Thursday the CWA union issued critical remarks about the layoffs at Microsoft Gaming (which were later retweeted by the @AFLCIO Twitter account). "While we would hope that a company like Microsoft with $88 billion in profits last year could achieve 'long-term success' without destroying the livelihoods of 650 of our colleagues, heartless layoffs like these have become all too common." Read more of this story at Slashdot.

#WeekendMusings Two interesting news caught my attention this week: One was about how Nintendo CEO Saturo Iwata once took a 50% pay cut to avoid layoffs in the firm: https://lnkd.in/dAiprDnm And second was about how LIC employees unions have refused their management's offer of 14% salary hike: https://lnkd.in/dY3mwHRp Both developments are kind of an extreme in the current times... neither CEOs take a pay cut today to save jobs nor employees refuse a double digit pay hike. The way technology in the form of #AI, #ChatGPT and now #Sora is threatening the existence of several kinds of jobs, the employees are in a precarious position in organisations. And this time it is not going to be a 'bad management' out there being unjust to them. It will be technological advancement and market dynamics dictating the survival of the ones that reskill and adapt. Job security and assured employment benefits are increasingly becoming a thing of the past. The areas where human capital can be replaced by tech capital are rising by the day. This surely calls for regulating, at a global and national level, the rapid advancement of technology. But at an individual level, it's time to leverage the fast developing technology to reimagine one's skills and future in the job market rather than become obsolete in the new scheme of things! #AdaptOrPerish #AIRegulations

Electronic Arts (EA) expects its latest round of #restructuring to be "substantially complete" by the end of December. In our blog, we break down everything that non-unionized #employees in #Canada need to know. #SamfiruTumarkin #EmploymentLawyer #Rights #EA #Layoffs #Tech #Gaming #Jobs #Termination #Severance #Compensation

Beyond their traditional uses, smartphones are now changing how businesses track and manage employee attendance. In our new post we'll explore the benefits and best practices of using mobile phones in employee attendance management https://bit.ly/3vmeyCV #AttendanceManagement

It has been a common and recurring theme. At some point I want to talk about companies that have been practicing bad practices. Though I believe first step to make and prove that there are alternate ways and they lead to better productivity and work spaces. Other than that, we do need to push for betterment and talk about what that truly means. What you said is truly on point and heart wrenching.

Namely: Streamlining HR with Modern Solutions Are you tired of juggling payroll, benefits, and HR processes? Look no further! Namely, the all-in-one HR platform, has got you covered. Here’s why it stands out: Employee Self-Service: Namely’s intuitive self-onboarding and employee portal empower your team to manage their own information seamlessly. Global Payroll: Whether you’re in the U.S. or beyond, Namely handles payroll efficiently, ensuring timely payments for everyone. Integrated HR and Benefits: Say goodbye to silos! Namely seamlessly integrates HR, benefits, and time management. namely.com/switch Let’s chat about making the switch today! #HR #Namely #Payroll #BusinessSolutions #maketheswitch

Corporate leadership at its finest

ABOUT VALUE 🔺At a young age, I perceived pricing as the pinnacle challenge for any business endeavor; the delicate art of affixing a monetary value to either goods or services. But overtime, I have recognized that pricing is easy for an entity that has built intrinsic value proportional to the price it intends to supply at. 🔹These are established in the identity, purpose and worth of the business in the marketplace. The preceding endeavors lay the foundations upon which value is built, a value transcending monetary transactions and resonating with the very essence of human Experience; no matter how expensive the iPhone 15 is, trust that Apple is making sales enough to drive profits, the world believes that the value of the phone, is worth the price paid. 🔸This is also true for us People, much akin to the journey of a business, we are priced at a value shaped by our actions, choices, interactions with the outside world and reputation. The more you strive to improve yourself and continually enhance how well you can contribute to the world; you will streamline your operations and expand your horizons. But here is the most profound parallel between human worth and pricing. That Jesus Christ paid a price for us that displays a dynamic belief in how much value we have, a symbiotic relationship between yourself and your self-worth.

6 signs you're good at your job, according to an HR executive with over 35 years of experience (msn.com)

Short term Gains vs employee morale #humancentric #people first Brands who talk about customer experience and then retrench employee should think about the morale of the employees who will deliver the experience to their customers