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Peloton’s CEO doesn’t understand why people aren’t happier he laid off 500 people

UPDATE – Sent 12:55PM ET; Thursday, October 6 RE: A Difficult, But Critical Pivot to Growth Team, I’m sure you all have seen or heard about today’s Wall Street Journal story. We were expecting a story about redemption and the successful turnaround of Peloton, which is why we invested time on background briefing them on the state of our turnaround. The headline should have been that recent strong execution and today’s restructuring have positioned us to meet our fiscal year-end goal of break-even cash flow, with a renewed…

Kevin Smith: ‘How are you going to get laid if you look like an old person?’ | Film

Would you like to direct an MCU or Star Wars movie? HBrint and Jay_MurpheusNo. It’s a fool’s errand – you’re going to piss somebody off. Fandom is rabid and tribal. When I worked on Masters of the Universe, I took a lot of heat from people who felt like I had ruined their childhood. Going near a Marvel or a Star Wars would make me insanely reticent. They’ve got a billion people to make those movies, but nobody’s making Kevin Smith movies, so I might as well make them.Are you still vegan? HauntedsandwichI went vegan after…

Judge Orders Tesla to Tell Laid Off Employees About Lawsuit

Last Updated: September 20, 2022, 14:06 ISTImage used for representation (Photo: IANS)Worker Adjustment and Retraining Notification (WARN) act requires employers to notify workers at least 60 days in advance before shutting down a facility Elon Musk-run Tesla must tell its employees about a lawsuit it is facing over allegedly violating federal laws by requiring workers to sign separation agreements, a US judge has ruled. The electric car-maker Tesla was sued by two employees in June, who were sacked in the mass layoff at…

Laid off by Big Tech? Big Pharma wants you

Since the beginning of 2022, the tech industry has laid off more than 78,000 employees, according to tracker Layoffs.fyi, with startups and Big Tech firms alike (including Snap, Tesla, Coinbase, TikTok, and Twitter) aggressively thinning ranks. While many of the affected workers have already shuffled, or will, into roles with competitors, there are indications that a growing number of Big Tech expats are finding greener pastures in a previously unexpected place: Big Pharma. There, say recruiters and industry analysts,…

Tesla ordered to tell laid off workers about lawsuit • TechCrunch

A U.S. District Court has ordered that Tesla must tell employees about a lawsuit alleging the automaker violated state and federal law by requiring workers to sign separation agreements. Two former Tesla employees filed the suit in July, alleging that the company required them to sign releases in exchange for less severance than federal and California state law provide. Attorneys asked the U.S. District Court for the Western District of Texas to prevent the automaker from asking laid-off workers…

Former employee says Patreon has laid off its entire security team • TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Fridaaaaaay. It was a short week, but it still dragged on a little. We’ve got some exciting Twitter Live action coming up on September 13, so mark your calendars! At 8:00 a.m. PDT / 11:00 a.m. EDT we are talking with Andrew Chan about why Gen Z VCs are trash, and at 12:00 p.m. PDT / 3:00 p.m. EDT, we’re talking with M13 partner Anna Barber about what today’s founders can learn from the…

Anne Heche to be laid to rest ‘among her peers’ at famous Hollywood cemetery

Anne Heche’s sons say their mother will be laid to rest “among her peers” at the famous Hollywood Forever Cemetery in Los Angeles.Homer Laffoon, 20, and Atlas Heche Tupper, 13, said the outpouring of kindness following their mother’s death had shown them that she also belonged “to her fans” and the entertainment community.It comes after Heche was “peacefully taken off life support” on 14 August, nine days after a serious car crash in which she suffered a severe anoxic brain injury.She was reportedly cremated on August 18…

Anne Heche Laid to Rest at Historic Hollywood Cemetery – The Hollywood Reporter

Actor Anne Heche has been laid to rest at a storied Los Angeles cemetery alongside many Hollywood luminaries, her family said Tuesday. Heche was cremated and her ashes were placed in a mausoleum at Hollywood Forever Cemetery nearly two weeks after she was declared dead at a hospital from injuries suffered in a fiery car crash. In a statement to The Associated Press, Heche’s son Homer Laffoon said he and her other son Atlas Tupper “are convinced our Mom would love the site we have chosen for her;…

Stripe has laid off employees behind TaxJar, a tax compliance startup it acquired last year – TechCrunch

Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation. The layoffs — conducted over the last month — are related to Stripe’s decision to wind down TaxJar-focused go-to-market efforts in late July. Sources estimate the number of employees impacted by the workforce reduction is between 45 and 55 folks, at least a portion of whom were invited to take 30 days to apply to internal jobs at…

Crypto.com laid off 260 employees — then quietly let go of hundreds more

In June, cryptocurrency exchange Crypto.com announced it was laying off around 260 employees, or 5 percent of its workforce, due to the widespread downturn in the crypto market. But layoffs did not end there. Sources in and outside the firm tell The Verge that the company has quietly let go of hundreds more employees since the initial layoffs. These new layoffs have not been publicized, and it’s difficult to estimate their exact number. Crypto.com has been trying to limit knowledge of the extent of these departures…