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Steven Russolillo
@srussolillo
Deputy Coverage Chief, Speed & Trending. Ex . Blue Hen. MBA. Marathon runner. Kidney donor. Massapequa/Hoboken/Manhattan/Hong Kong/Brooklyn
Media & News CompanyBrooklyn, NYwsj.com/news/author/74…Born September 30Joined September 2008

Steven Russolillo’s Tweets

The "social contagion" theory of tech layoffs seems like the most compelling to me. All of these companies have some cohort of workers who they perceive to be not pulling their weight/getting paid too much. Occasionally the social window opens up, where layoffs are deemed ok.
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$GS: "....the companies conducting layoffs are not representative of the broader economy and that many of the recent layoff announcements do not necessarily signal a weaker demand picture that might have wider implications"
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SCOOP: Ryan Cohen is amassing a sizable stake in Nordstrom and intends to urge the department-store chain to make changes to its board, including getting rid of former Bed Bath CEO Mark Tritton, according to sources. $JWN
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The chief executive who quoted Dr. Martin Luther King Jr. in her layoff email apologized to her staff. “There are a number of things I would do differently if I could,” she said, adding her email was "inappropriate and insensitive.” via
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Some Netflix users have long-standing password sharing arrangements with family and friends. Others have logged in on hotel, dorm and car screens and unknowingly allowed strangers to mooch off of their subscriptions. Sharing of all kinds is about to change
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for a cool $13,000+, you too could have an amazing vacation to the UAE with camel rides, safaris and luxury hotels !! (beyoncé not included) ... I wrote about why everyone was in Dubai last weekend:
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