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Transcripts for BBCNEWS Talking Business 20240604 15:40:00

Disappearing for thousands. in fact, more than 130,000 jobs have gone in the tech sector since the pandemic. 3700 from twitter and even more at meta, which owns facebook. they are axing 11,000. and the e commerce giant amazon is cutting 10,000 jobs. so, what does it mean for the companies, its workers and the technology industry as a whole? a little earlier, i sat down with independent tech expert and the author of the book technology is not neutral: a short guide to technology ethics. doctor stephanie hare, a real pleasure having a real pleasure having you on my show. always good to see you. let s start with this, because we have seen the job cuts in the tech industry, twitter, but notjust twitter, right? meta, the owner of facebook, amazon, then it was followed by others and i m just wondering, ....

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Transcripts for BBCNEWS Talking Business 20240604 15:37:00

The way that i was fired was very, very similar to the way the full time employees were fired. i was not fired by a manager having a meeting with me, i was not fired through an e mail, i found out that i was fired because i got locked out of twitter s systems. i saw a pop up on my phone at 5:30pm, i was at the mall my daughter, this was on the saturday, november the 11th. a pop up came up on my phone and it said one or more of your permissions tokens has been removed and i opened up the twitter gmail app, the twitter mail app, and i was locked out. opened up the slack, i was locked out. and based upon the experience of full time employees a week before, i knew that i had been fired. and then a further twist, because elon musk sends an e mail ....

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Transcripts for BBCNEWS Talking Business 20240604 15:56:00

On twitter if they have not got rid of me yet! tweet me, i will treat you back. thanks for watching, i will see you soon, goodbye. i will see you soon, goodbye. i will tweet you back. hello. for many of us, it is that grey, rainy november day, blustery in places, especially out towards the west. and this weekend we will continue to see rain at times, but it is going to stay relatively mild. a big weather system out in the atlantic. this beautiful swiss roll, you can see, the centre of the low pressure, but its weather front extends all the way to the south and is spreading across the uk. the outbreak of rain through this afternoon spreading in from the south west, moving eastwards and northwards but ....

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Transcripts for BBCNEWS Talking Business 20240604 15:43:00

To bring down rockets, landing them back down on earth, and there were naysayers in the early days of those companies. yes. so he could very well use the same formula and turn it around, no? he is someone that you would want to write off at your own peril, because he has this track record of doing things that people situations that most of us would not have the tolerance for, he can get right to the edge. whether or not he can do this with twitter is really different of course, so it is interesting what his vision will be. like the company wiichat in china, which is known as the everything app, and if he were to again pull that off, we might in six months time be thinking of him as a visionary, but right now, everyone is moaning. we had seen some rehiring at twitter, it made me wonder ....

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Transcripts for BBCNEWS Talking Business 20240604 15:47:00

Spiked their hire rate and now their hire rate is coming back down, their workforces are being reduced in size, but really, underlying all of this is still a very healthy labour market globally. and your technology workers have always been seen as prized people, but certainly not how they are being treated at twitter some will say now, and i m wondering, is the change in management style, do you think that isjust change in management style, do you think that is just confined to twitter or could we see a harder edge it now to working conditions? i think it what is playing out in the headlines is pretty unique. most companies are very, very intentional in retaining their talent, in making them feel truly wanted in the organisation and very rarely do you read of organisations that so rapidly build down on their workers or lay off their workforce, it would damage the brand, but having said that, twitter is a company in this case that has never made any money ....

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