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Seems the xbox performance in Japan is meaning layoffs. Found this article though, interesting the way they supposedly did it:

 

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Microsoft cuts 17 percent of the workforce at the Japan branch.

 

According to a new report in Nikkei BizTech, Microsoft has laid off 34 employees in the Xbox division of its Japanese offices. The layoffs apparently caused a commotion among the workers because of differences in business practices between Japan and the United States.

 

According to the article, the Xbox division staff in Japan, which consists of approximately 200 employees, was called to a meeting at the company's Tokyo office on March 20. The staff was then told by its new division head, Par Singh, that the sales of the Xbox in Japan had been extremely disappointing, and that the company will be forcing early retirement on a number of its workers.

 

The employees were then told to check their e-mail inboxes, in which 34 of the workers received a notice to pack their belongings and go to the conference room. The passageway to the conference room had security guards protecting all the elevators and emergency exits. The terminated employees could use the restroom only if they were accompanied by one of the retained employees. According to one of the employees who was cut, it felt as though they were treated like criminals.

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Sure, several times in my career I have seen the retrenchment rounds on the trading floor. Often a whole bunch of people will get the call at pretty much the same time and are asked to attend HR. Sometimes they do it one man at a time and one of the traders will walk in and say 'it has started'. Then you all wait to see who's phone rings next. Sure enough, there will be another call and the next guy goes into HR to get his letter. This can take quite a while. Once I saw 12 sequential 'come to HR please' phone calls over the space of 1 hour. Out of a team of 25 traders the suspense was huge. Who would be next. Someones line would ring... see ya buddy. Eventually the calls stop. The whole time there are security guards all over the place. Those that get executed are not allowed to use the phone or even touch their computer (this depends on the situation). If you are beheaded you are told to leave within 30 minutes.

 

After one particularly gruesome round of executions, the head of the trading floor pulled those left standing into a meeting. He gave the usual blurb and advised that there was one more of us that would fall but none of us in the room need worry. The one remaining sackee was currently on stress leave as his wife had just left him for another chap. He was to be sacked when his stress leave ended. Poor guy had just taken out a huge second mortgage. At least he would now have plenty of time to look for a new woman.

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 Quote:
Originally posted by echineko:
Why is there security people??
Um, a complete lack of civilized values perhaps? An American friend of mine who got fired from a company in the US said they had guards armed with pistols to march them out.
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Seriously, what is the point of the security? They don't want sacked people stealing corporate secrets or something? Violence?

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In the instance of traders being sacked the security is merited. It has happened more than once where a digruntled sacked emp[loyee left the 'you are sacked' meeting with HR and walkied directly into the trading room went short a crap load of currency or futures or out of the money options into a rallying market. All it takes is to press a broker button on the phone terminal and say "sell such and such at market". Even easier, you just hit a particular red SELL key on the trading terminal keyboard and wham, you are hitting bids. There are heaps of huge money losing things that can be done in the space of a few seconds.

 

One guy I saw retrenched had a history of punching junior traders on the jaw and smashing monitors and phones - not the ordinary desk phone either (we have all pulverised a phone consol in our immature days, but he was the head trader of an FX desk). This guy had 3 security guards escorting him.

 

Under normal circumstances I think that the security guard concept is as Ocean staes.

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I've seen two different layoffs, and it's not pretty. Although neither company had security guards, they did it on friday afternoons, and everyone was asked to leave the building within the hour. It's a pretty cold affair...

 

I wonder though... what do they do differently in Japanese companies, or UK companies for that matter??

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First job after University 6 weeks into it a bunch of people in suits marched the managers into the meeting room. 5 mins later we were all (roughly 100) collecting all our personal belongings for a meeting on the lawn outside. shit shit drug testing thought one particuly paranoid employee. No drug testing but everyone was sacked.

Had a new job before the day was out but most others were not so lucky.

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 Quote:
Originally posted by jared:
First job after University 6 weeks into it a bunch of people in suits marched the managers into the meeting room. 5 mins later we were all (roughly 100) collecting all our personal belongings for a meeting on the lawn outside.
Why did the company bother to hire you guys in the first place? What a waste of your time and effort! mad.gif
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 Quote:
Originally posted by akibun:
Do people really want to do bad thing for company if losing the job? Why do they want to do such thing?
Hell yeah I probably would! And I wouldn't even really call that a "bad thing"...considering the circumstances. Nobody wants to be run outta there feeling completely powerless. Sometimes we need to exact some street justice! Have you ever felt betrayed Akibun? Think about how you'd feel, then maybe you'll have a better understanding. Just my 2 cents
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 Quote:
Originally posted by SnoboYaro:
Why did the company bother to hire you guys in the first place? What a waste of your time and effort! mad.gif
When my previous company did it's 1st round of layoffs, there were people who had been hired from overseas who arrived for their 1st day of work, only to find out they were laid off the same day.... talk about a waste of time and effort!
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I think it has to do with keeping up the appearance of a stable business and not wanting to panic share holders/ creitors/ employees. I think only the top layer of management knew and the middle management were kept in the dark till the day.

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The best way to do it as an employer is to offer goodwill, assume goodwill, and punish transgressors, although few can be expected. Of course, offering goodwill means having a valid reason for firing in the first place.

 

Some companies in Japan and the UK invite people to apply to leave with certain inducements, and let leavers use the company resources to search for a new position. Other companies adopt the macho "Call security and have them thrown onto the street" approach. I've heard of examples of both.

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Look at these dreasful results for xbox in Japan. No wonder yhry're getting fired:

 

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Console Hardware Sales Chart

From: Jun 16 - Jun 22, 2003

 

System Sales this week : Total Sales in 2003

PlayStation 2 46,900 : 1,520,200

GameBoy Advance SP 39,600 : 1,187,500

GameCube 20,900 : 307,300

GameBoy Advance 9,600 : 908,100

PSone 900 : 44,800

Xbox 750 : 59,400

WonderSwan Crystal 450 : 23,900

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I had a go on the D-Day game at my brothers.

 

You run around shooting lots of Nazis. It's quite compelling. My brother said you can run up to them and smack them with a rifle butt, but he didn't show me the moves.

 

The graphics and force feedback were pretty good. Throw in a few home-made "Take that, Fritz!"(*) type comments and you can have an enjoyable hour or two.

 

(*) Typical speech bubble in Battle Picture Weekly, the comic I read as a kid.

 

Battle_10.jpg

Great entertainment for six pence!

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