DAZN layoffs 2% of their global staff

Discussion in 'Boxing Discussion' started by MMALOPEZ, Sep 8, 2020.

  1. MMALOPEZ Gold Belt

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  2. svmVR2097 Brown Belt

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    Probably not running any events there for the next 6 months, makes some sense to reduce overhead but shitty if paying billions for bundesliga and trying to raise a billion for an IPO and then cutting staff
     
  3. Absolut Red Belt

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    So, three people? <TheWire1>
     
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  4. PHATV FREE @RR!!! Platinum Member

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    That's minor compared to what is likely coming. Unless they right that ship ASAP. Corona had to punish DAZN badly after those big contracts.
     
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  5. MMALOPEZ Gold Belt

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    Canelo just sued them, this is only the beginning
     
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  6. Boxiana Purple Belt

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    Did they fire Canelo?
     
  7. Absolut Red Belt

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    Was fun while it lasted...
     
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  8. AGEZ909 Black Belt

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    DAZN was more than likely operating in the red to begin with. I am sure they are getting DICKED financially due to the corona virus.
     
  9. aries Silver Belt

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    This isn't news. Do you know how many companies are laying off people due to the pandemic?? I'm currently worried about my own job at an engineering firm because our sales have dropped by 40% due to the virus. This is just the new normal. We are in the worst depression since the Great Depression.
     
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  10. RDL81 Purple Belt

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    2% of workforce.......what has global us/Europe/uk unemployment risen by??
     
  11. RDL81 Purple Belt

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    Canelo has fired himself......but looks like he might have 1/2 year notice period on $0 pa
     
  12. cocksure Silver Belt

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    30% for most firms.
     
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  13. aries Silver Belt

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    According to this article between March and July 2020 there were 730,000 less people in work in the UK which was 2.5%. And certain employment has been hit harder than others. I was ok because in my role I could work from home but I know someone in low paid contract work who got furloughed whilst 40% of her colleagues got let go. That's because she worked at a service station, all of which shut in the pandemic.

    https://www.ft.com/content/c8ef84bf-0539-4281-b353-d5b840d10b5e

    [​IMG]
     
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  14. jm0b Puncher of Holes

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    I think once the furloutg scheme ends a lot of people will find themselves out of a job so those figures are going to get pretty nasty in october and november
     
  15. aries Silver Belt

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    Yeah I think you're right. It's not going to be a good Christmas for a lot of people. And then we have Brexit to look forward to after that.
     
    Last edited: Sep 11, 2020
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  16. It's-Only-Business Blue Belt

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    You're probably a goner
     
  17. aries Silver Belt

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    LOL Maybe, but luckily I have a plan B ;)
     
  18. bobStash Robert may be your step-mom's brother in law

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    Lol, but it would be useful to know the real numbers.
     
  19. RDL81 Purple Belt

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    Not really the % quoted is insignificant
     

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