pancakes

MicrostockGroup Sponsors


Author Topic: Layoffs at istock  (Read 136909 times)

0 Members and 1 Guest are viewing this topic.

lisafx

« Reply #400 on: January 20, 2012, 15:34 »
0
I have searched in vain to find more than rumors about rumors about rumors.   The analysis of some seems rather far reaching.  I see JJ is leaving, but his statement does not seem to be cause for alarm, in fact quite the contrary.  I am not saying there is no problem, but must the sky always be falling each time something changes?  Along with all of you, it has always seemed like poor policy on the part of iStock to  remain quiet so long during times of change, they have to see how the rumors explode and unsettle those trying to pay attention.  Sorry for my outburst, I need to take another monthly sabbatical from the forums.


Try searching a bit harder: http://www.bjp-online.com/british-journal-of-photography/news/2140045/jobs-shed-getty-images-absorbs-istockphoto

"We are completing the process of full functional integration across the two brands," says Getty Images' co-founder and CEO Jonathan Klein.... while confirming 30 redundancies at iStock (not at Getty) and then needlessly mentioning that they are not going to shut up shop at Calgary (which might suggest it is something he has been thinking about doing - there's a new rumour for you).

Fact 1: 30 staff, estimated at between 15% and 30% of the entire staff being fired
Fact 2: Senior management figures KT and JJRD among those fired
Fact 3: Sackings declared by Getty chief to be part of an "integration process" with Getty
Fact 4: "Integration" involves downsizing iStock, not Getty, making it plain iStock is being "integrated" into Getty, not the other way round.
Fact 5: Earlier part of integration process involved pushing low-grade Getty collections into iS at high price points and pushing most of iStock's collection into other Getty subsidiaries, TS and PP
Fact 6: Istock was stripped first of its CEO then of its COO and now of whatever JJRD is. The CEO job is considered too insignificant to merit a full-time in-house boss, instead it is made part of the duties of a Gettyimages employee.
Fact 7: (I almost missed this one) according to Klein's statement, iStock is no longer thought of as a company, it is regarded as a Getty "brand" (see his quote above).

From being a self-contained, self-governing, stand-alone unit, as Bruce Livingstone was promised it would remain when he sold it, it has become one of "the Gettyimages collections" and Calgary has become a Getty branch office rather than the headquarters of a company.

But you're right. The sky has not fallen in. People will continue to buy and sell image licences at iStockphoto and the name will remain a proud part of the Gettyimages group, alongside the other famous collections. Tony Stone, the Bettmann Archive etc.

However, while the marketing, quality control and accounting functions may remain in Calgary, the financial control, strategic planning and budgeting will be done in Seattle, where due consideration will need to be given to the competing demands of other active collections, such as TS, Photos.com and, of course, the main Gettyimages collection. That is what "integration" is about.

So it is still iStock, Captain, it's just not iStock as we knew it.  


Well, I can't give you a heart Baldrick (apparently I have to "spread the love"  :-\ ??? ) but I would give you one if I could.  Instead I will just have to sit in my office applauding your brilliant summary. 


lisafx

« Reply #401 on: January 20, 2012, 15:45 »
0

The problem is that there's been the same helmsman steering the boat since last summer. Is it appreciably further from the shoals now than it was then? Has confidence in completing the voyage safely improved since Rebecca took the helm?



With all these nautical references, this image keeps springing to mind...


ETA:  Just read the prior page and saw Gostwyck beat me to the Costa Concordia reference :)
« Last Edit: January 20, 2012, 16:06 by lisafx »

« Reply #402 on: January 20, 2012, 15:51 »
0
I've already read that the captain didn't exactly 'trip and fall' into a lifeboat - he landed in one when the ship's deck tilted to 70 degrees and he slid off the deck.   

I wonder what the chances of *that* are, and if other people had as fortuitous a sliding. :D

Even more amazing the Captain apparently fell into the lifeboat together with both his second and third-in-command officers! What a staggering coincidence.

« Reply #403 on: January 20, 2012, 17:05 »
0
I've already read that the captain didn't exactly 'trip and fall' into a lifeboat - he landed in one when the ship's deck tilted to 70 degrees and he slid off the deck.   

I wonder what the chances of *that* are, and if other people had as fortuitous a sliding. :D

Even more amazing the Captain apparently fell into the lifeboat together with both his second and third-in-command officers! What a staggering coincidence.

LOL!

« Reply #404 on: January 20, 2012, 17:07 »
0
In scanning the discussion thread on the Getty announcement, I see there are *still* people asking Getty what their vision for the company is and other information. Do these people need to be hit upside the head with a wrecking ball? Has the company's behavior the last five years not told them anything? The aren't and never will be privy to the internal strategies at Getty. It's kind of pathetic to still see these kind of supplicating requests.

They get Lobo and vague announcements from HQ. And that is it.

« Reply #405 on: January 20, 2012, 17:27 »
0
Do these people need to be hit upside the head with a wrecking ball? Has the company's behavior the last five years not told them anything?


Speaking of people that "need to be hit upside the head with a wrecking ball" have you dared venture onto the "Thanks" thread yet? There appears to be some kind of mass-hysteria thing going on in there, not dissimilar to the 'official media' portrayal of Kim Jong-Il's death. I didn't think anyone has actually died at Istock recently but now I'm not sure. Maybe.

Not to be read on a full stomach unless you want to ruin your keyboard;

http://www.istockphoto.com/forum_messages.php?threadid=339825

« Reply #406 on: January 20, 2012, 17:35 »
0
Do these people need to be hit upside the head with a wrecking ball? Has the company's behavior the last five years not told them anything?


Speaking of people that "need to be hit upside the head with a wrecking ball" have you dared venture onto the "Thanks" thread yet? There appears to be some kind of mass-hysteria thing going on in there, not dissimilar to the 'official media' portrayal of Kim Jong-Il's death. I didn't think anyone has actually died at Istock recently but now I'm not sure. Maybe.

Not to be read on a full stomach unless you want to ruin your keyboard;

http://www.istockphoto.com/forum_messages.php?threadid=339825


I just had to click the link. oh brother.  why do I read these things?  It's like standing in the check-out line at the grocery store and reading the headlines on the latest gossip-magazines and trash-tabloids. 

« Reply #407 on: January 20, 2012, 17:37 »
0
Do these people need to be hit upside the head with a wrecking ball? Has the company's behavior the last five years not told them anything?


Speaking of people that "need to be hit upside the head with a wrecking ball" have you dared venture onto the "Thanks" thread yet? There appears to be some kind of mass-hysteria thing going on in there, not dissimilar to the 'official media' portrayal of Kim Jong-Il's death. I didn't think anyone has actually died at Istock recently but now I'm not sure. Maybe.

Not to be read on a full stomach unless you want to ruin your keyboard;

http://www.istockphoto.com/forum_messages.php?threadid=339825


 :D I scanned some of it when it first when up. I had enough of the cultish adoration after a couple pages. No way I could stomach 12 of them!

« Reply #408 on: January 20, 2012, 17:47 »
0
:D I scanned some of it when it first when up. I had enough of the cultish adoration after a couple pages. No way I could stomach 12 of them!

But you must, honestly. The amusement factor actually increases the further you get as the faithful try to outbid each other with ever more elaborate swooning and exultations of the fallen. You couldn't make this stuff up __ it's comedy gold.

« Reply #409 on: January 20, 2012, 18:07 »
0
^ you are laughing at people for trying to find nice ways to say thanks to someone they like and found inspiring ?

That is all it is.
« Last Edit: January 20, 2012, 18:09 by bhr »

« Reply #410 on: January 20, 2012, 18:22 »
0
If Jon Oringer decided to leave SS to sail the world or save the rainforest - how many people would be posting in his farewell thread? 

ShadySue

  • There is a crack in everything
« Reply #411 on: January 20, 2012, 18:27 »
0
If Jon Oringer decided to leave SS to sail the world or save the rainforest - how many people would be posting in his farewell thread? 
If he was going to save the rainforest, I would.

« Reply #412 on: January 20, 2012, 18:27 »
0
If Jon Oringer decided to leave SS to sail the world or save the rainforest - how many people would be posting in his farewell thread?  

are we really going to compare agencies? not the best man (myself) for sure but this moment they look like "light years" from each other, dont know if in terms of value but for sure not pulling crap after crap to their contributors and they have a few more too..

« Reply #413 on: January 20, 2012, 18:34 »
0
Its not about comparing agencies. Just respecting peoples heartfelt emotions.

JJRD has such a "following" because he worked his a** off for the contributors, literally. And over the years he has personally met and interacted with thousands of people, assisted us at shootings, responded personally to our sitemails etc...there is a reason why he will be missed. Just like Rob Sylvan or Bruce, strong character, strong personality.

I have never met Jon Oringer, so I really dont get why some members here adore him so much. Looks just as overhyped to me as our reactions to JJRDs departure probably look to you.

« Reply #414 on: January 20, 2012, 18:41 »
0
Its not about comparing agencies. Just respecting peoples heartfelt emotions.

sure, you do have a strong point and your opinion seem to match all contributors at iStock "side", I believe I was going towards the agencies, not the people behind them, my bad

lisafx

« Reply #415 on: January 20, 2012, 19:14 »
0
In all fairness, I wouldn't begrudge anyone the opportunity to say goodbye to JJ or anyone else who has gotten the boot from Getty.  We've all been treated shabbily by them, and now it appears that long-time Istock administrators are no longer exempt.   I never met any of these folks, and as a non-exclusive, seldom had any personal dealings with them.  If I had I would probably be joining the chorus of well-wishers though. 

Also, these latest developments have got to be a massive blow to Istock exclusives.  I doubt any of us who are non-exclusive can understand the degree to which these changes are going to affect many exclusives on a personal and emotional level.  I know the comment about Kim Jung Il's funeral was a joke, but this really is a grieving process for a lot of people.

helix7

« Reply #416 on: January 20, 2012, 19:19 »
0
...I have never met Jon Oringer, so I really dont get why some members here adore him so much. Looks just as overhyped to me as our reactions to JJRDs departure probably look to you.

Not at all. Actually it's strange to me that you don't understand why people like Jon, yet you understand why they like JJRD. Jon is a nice guy, helpful, very dedicated to the company and contributors. I don't understand why the fact that you personally don't know him prevents you from being open to the idea that he is, in fact, very liked in the SS community.

« Reply #417 on: January 20, 2012, 19:20 »
0
Its not about comparing agencies. Just respecting peoples heartfelt emotions.

JJRD has such a "following" because he worked his a** off for the contributors, literally. And over the years he has personally met and interacted with thousands of people, assisted us at shootings, responded personally to our sitemails etc...there is a reason why he will be missed. Just like Rob Sylvan or Bruce, strong character, strong personality.

I have never met Jon Oringer, so I really dont get why some members here adore him so much. Looks just as overhyped to me as our reactions to JJRDs departure probably look to you.

From what I've seen in these forums, it hasn't been adoration for Jon Oringer at all, it has been acknowledgement of his good business sense and the way he runs his company.

I find it pretty hard to adore a person who stayed at istock for over a year, standing behind the crap that has gone on. Please don't try to make me believe that these people weren't getting perks that they just didn't want to give up. Massages, istockalypses, whatever other freebies that were handed out? They have exactly the same scruples as Getty! If they didn't, they would have been gone when Rob and some of the others were.  It's not about what is right or wrong, it's about the money! The money and perks were just too good.

It has been nothing but constant drama at that place for months. And this is just another chapter in the soap opera that is istock. If these guys were such hard workers and wonderful people, they shouldn't have a thing to worry about. They will get jobs right away.

« Reply #418 on: January 20, 2012, 19:30 »
0
I've already read that the captain didn't exactly 'trip and fall' into a lifeboat - he landed in one when the ship's deck tilted to 70 degrees and he slid off the deck.  

I wonder what the chances of *that* are, and if other people had as fortuitous a sliding. :D

Maybe the lifeboats were still suspended and hadn't been lowered into the water yet.  I read that part of the problem was that while the ship was tipping and unstable,  they were afraid that if they lowered the lifeboats, the ship might come down on top of them.  Who knows?  Let's meet here a year from now and discuss what really happened. 

« Reply #419 on: January 20, 2012, 19:36 »
0
I've already read that the captain didn't exactly 'trip and fall' into a lifeboat - he landed in one when the ship's deck tilted to 70 degrees and he slid off the deck.  

I wonder what the chances of *that* are, and if other people had as fortuitous a sliding. :D

Maybe the lifeboats were still suspended and hadn't been lowered into the water yet.  I read that part of the problem was that while the ship was tipping and unstable,  they were afraid that if they lowered the lifeboats, the ship might come down on top of them.  Who knows?  Let's meet here a year from now and discuss what really happened. 

I can totally see that happening. But the question is then, why didn't they get back out of the lifeboats? If they couldn't, when they reached the water or land or wherever the lifeboats went, why didn't the captain go back to the ship? Lots of questions and we may not know the truth for YEARS.

« Reply #420 on: January 20, 2012, 19:37 »
0
.
« Last Edit: January 20, 2012, 19:48 by Snufkin »

« Reply #421 on: January 20, 2012, 19:44 »
0
Some talk of "adoration" because they like to make appear istock exclusives as imbecilles. A pity to have such a dirty mind. It's not adoration, it is mostly (and plainly) friendship and gratitude. After years of working and interacting with someone, it is easy to tell the good and competent person from the jerk. Unless yourself are a jerk, that's another matter.

« Reply #422 on: January 20, 2012, 19:47 »
0
...I have never met Jon Oringer, so I really dont get why some members here adore him so much. Looks just as overhyped to me as our reactions to JJRDs departure probably look to you.

Not at all. Actually it's strange to me that you don't understand why people like Jon, yet you understand why they like JJRD. Jon is a nice guy, helpful, very dedicated to the company and contributors. I don't understand why the fact that you personally don't know him prevents you from being open to the idea that he is, in fact, very liked in the SS community.

Maybe I should rephrase what I said - I cannot connect in any way emotionally to the adoration of Jon Oringer. This doesnt mean I dont respect other peoples feelings or admiration for him. I have never met him and some of the comments and postings Ive read appear overhyped. But maybe if I met him, I would feel the same way and write the same things.  

« Reply #423 on: January 20, 2012, 19:50 »
0
Its not about comparing agencies. Just respecting peoples heartfelt emotions.

JJRD has such a "following" because he worked his a** off for the contributors, literally. And over the years he has personally met and interacted with thousands of people, assisted us at shootings, responded personally to our sitemails etc...there is a reason why he will be missed. Just like Rob Sylvan or Bruce, strong character, strong personality.

I have never met Jon Oringer, so I really dont get why some members here adore him so much. Looks just as overhyped to me as our reactions to JJRDs departure probably look to you.

From what I've seen in these forums, it hasn't been adoration for Jon Oringer at all, it has been acknowledgement of his good business sense and the way he runs his company.

Exactly!  I have the utmost respect for Jon and where he's been taking Shutterstock all these years.  He's the captain of a very steady ship, avoiding all the crazy, relentless ups and downs like we've witnessed at IS. 

« Reply #424 on: January 20, 2012, 19:51 »
0
^ you are laughing at people for trying to find nice ways to say thanks to someone they like and found inspiring ?

That is all it is.

So send him a PM if that's how you feel. All this public wailing is just posturing, embarrasing and vomit-inducing. That's all it is.

"You were the wind beneath my wings" .... BLEEEAAARRRRHHH

"I am still in shock, i needed 2 sleeping pills to pass the night. I dont know what to think, i dont know what coming next, i dont know what to do with the crown. Today i am not shooting in honor of my friends fired." .... BLEEEAAARRRRHHH

I've never read such utter, f*cking bollocks in my life. Truth is those who paid his wages considered him not worthy of them any more. That's why they are dispensing with his services to Gallic riddles.


 

Related Topics

  Subject / Started by Replies Last post
5 Replies
13752 Views
Last post August 22, 2006, 15:49
by amanda1863
5 Replies
5708 Views
Last post September 12, 2007, 13:08
by michaeldb
17 Replies
8366 Views
Last post February 10, 2008, 15:51
by sharply_done
Corbis layoffs

Started by jsnover « 1 2  All » SnapVillage.com

27 Replies
24674 Views
Last post September 24, 2008, 17:16
by louoates
0 Replies
1781 Views
Last post January 18, 2012, 17:21
by gaja

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors