Layoffs Coming to XM

[limegrass69]

Per the radio trade publication ALL ACCESS:

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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.

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Oops!

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

 

[TSS Taylor]

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.

 

[Spencer]

Wow, who saw this coming?

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

 

[Wolf]

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

 

[DAB]

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!

 

[Wolf]

I hate to say, but people lose there jobs and the head people get richer!

 

[SuperH]

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'".

 

[Davis]

I was wondering if the first round happened yet.

 

[SPeeDy]

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.

 

[SISO]

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.

 

[IdRatherBeSkiing]

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

 

[Grüpsaar]

for those that are surprised there are layoffs ... What do you think "synergies" means when bantered about by the overly rich?

yas!

No!

 

[Davis]

nice post me_rubin, on Report: Possible XM layoffs to begin tomorrow - Orbitcast

 

[JJS]

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

 

[Blitz71]

I hate to say, but people lose there jobs and the head people get richer!

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

 

[MikeV]

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.

 

[DAB]

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.

 

[SISO]

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.

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!!