Layoffs Coming to XM

Discussion in 'SiriusXM Soundwave Cafe' started by limegrass69, Oct 13, 2008.

  1. limegrass69

    limegrass69 Confused

    Per the radio trade publication ALL ACCESS:

    ---

    ALL ACCESS heard from 16 tons of XM SATELLITE folks who surfed to a page on the company's Intranet site, that listed their benefits, vacation days, etc.

    Shocker when some of them found out their personal information included a termination date of OCTOBER 15th. Stand by! The list could be long.

    ---

    Oops! :eek:

    I guess they are getting ready to make those cuts. What a sucky way to find out you are getting the axe.
     
  2. TSS Taylor

    TSS Taylor DRC Fan

    It's not just XM it's SIRIUS too. Between the merger and the economy I've NEVER known so many people to lose their jobs in the past 6 months. It's scary.
     
  3. Spencer

    Spencer New Member

    Wow, who saw this coming? :rolleyes:

    Unfortunately, XM is going to be hacked to pieces in the coming weeks.
     
  4. Wolf

    Wolf Manspreading on DRC

    I'm glad the company's merged, but i don't want to quite of bit of people lose there jobs.
     
  5. DAB

    DAB Mod Emeritus

    Man, you never wanna here about people losing jobs. Things are really getting rough. I was glad to see the stock market bounce today, lets just hope it continues.

    My heart goes out to anyone that may lose their job. What a cold way to find out though!
     
  6. Wolf

    Wolf Manspreading on DRC

    I hate to say, but people lose there jobs and the head people get richer! :rolleyes:
     
  7. SuperH

    SuperH New Member

    They have all the equipment. Now they just have to reduce fixed costs.

    Unfortunately, this happens through staff reductions most of the time.

    And, "Becoming more 'green'".
     
  8. Davis

    Davis Member

    I was wondering if the first round happened yet.
     
  9. SPeeDy

    SPeeDy New Member

    Staff cuts were inevitable outcome of the merger.

    Cost cutting is critical is the new company is to survive. It is also more evident with the consolidation of "duplicate" channels.
     
  10. SISO

    SISO Member

    Well this certainly is sad to see, my prayers go out to those who will be effected.

    BUT, this is exactly the reason for the merger...to cut costs for both companies and this is just one of those things. I hope these people saw this coming and were able to line up a new job.
     
  11. IdRatherBeSkiing

    IdRatherBeSkiing This space for rent

    For those that are surprised there are layoffs ... what do you think "synergies" means when bantered about by the overly rich?
     
  12. Grüpsaar

    Grüpsaar DRC Forum Bum

    yas!

    No!
     
  13. Davis

    Davis Member

  14. JJS

    JJS Member

    Anybody hearing XM jocks working live this afternoon? High Standards sounds lightly voice-tracked, though it's a fresh show.
     
  15. Blitz71

    Blitz71 Member

    You said it. They wont even give those poor people a second thought. Corporate Cut throat politics.
     
  16. MikeV

    MikeV Member

    Synergies are one thing. Slaughtering most of the programming staff of one service rather than integrating some of them with the other is just not right. Especially when the two services had completely different programming philosophies with regards to music programming.

    With the exception of the select few music programming VPs that have already been named, it seems like a good portion of the remaining XM programming folks are being slashed. As an XM subscriber for over 6 years, after seeing change like this, it's not making me hopeful that I'll like the end results once the music channels between the two services become one.

    I'm willing to give it a chance... but I'm ready to kill my subs if I don't like what I hear.
     
  17. DAB

    DAB Mod Emeritus

    MikeV, I could not agree more, you said it better than I could have for sure. There is no reason why they can't integrate across both platforms channels from each. The risk here of alienating many XM'ers is huge. The decision is totally crazy. I understand they have to merge the operation, but they could have done so and still maintained the integrity of many of the XM channels. In other words, give up channel on both sides and keep channel from both sides. Not just destroy all of XM's programming. It really pisses me off because even though I have been a Sirius supporter, I like my XM music.
     
  18. SISO

    SISO Member

    Yea, if this were a true 50-50 merger maybe. I remember Mel in the FCC hearings answering a chairman's question, something like "ok, so who has the 51% stake?" (she said it somewhat jokingly). Mel stated that it was very plainly 50-50.

    Now does any of this look 50-50 to you? Monopolies help NO ONE except the corporation!!
     

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