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Messari CEO Resigns, Company Shifts to AI After Layoffs

Messari CEO Eric Turner has stepped down from his position. CTO Diran Li is now taking over as the new CEO. The company also implemented a reduction in its workforce. This move supports Messari's new focus on artificial intelligence. Turner will stay on to advise the company.

https://www.theblock.co/post/393840/messari-ceo-steps-down-layoffs


40 hour workweek

A lot of economists think the 40 hour workweek is outdated because it was designed for factory labor in the early 1900s. Today most work is knowledge work, and studies show productivity often drops after about 30–32 hours. The 40 hour work week was designed to keep you tired and to control you.


The AI hype is the definition of sunk cost fallacy

Doubling down because they've already poured billions in, not because the payoff is certain. But there's a major cost and a lot of pain waiting for us at the end of this. The disruption is going to be massive on so many levels. Sure, efficiency sounds great on paper. But one of the really bad outcomes, the one not really talked about, is the loss of invaluable accumulated skills and competence. The people who actually know their stuff, who understand the systems and the history and the nuance? They'll be pushed out or made obsolete. And once that knowledge walks out the door, it's not coming back. AI can generate answers. It can't replace years of hard-earned instinct. But by the time leadership figures that out, the damage will already be done.


2026 JE Calendar Dates

Anyone know if the JE calendar was updated for the rest of the year? I heard there was something in April? If IT is really moving toward a 70/30 HIH/US split, it seems like there will be quite a few more JEs coming up. Low key hoping I get the axe 😬


It's Time for a change

My impression: it's time for a change.
Raul has changed the Exec Board, tried a lot of things. Nothing helped.
Now a new leader will be looked for, with a new approach, new cronies.
It might take some month still, but I got a feeling the exchange of the CEO is inevitable.

What's your impression?


I had high hopes

I had high hopes that there would be some improvements with the new regime but they are every bit as indecisive as the last batch of lackeys. The 1B area is a mess with people running around chasing their tails because their new boss lady can't make a decision and the leads are scrambling too. I sure hope Steve Sparkes' powers of observation are sharp and he picks up on the issues in his org soon or he will be the next sacrificial lamb. People are holding on by a thread waiting for change but the good ones are polishing off their resumes and looking externally since the internal postings are a joke.


Title change

Can WF take you from a manager job title to a front line employee job title? Hearing this is a game plan. Train your replacement and then lower your job title but keep salary. Remote workers being displaced a month later. Is this allowed? Makes no sense.


Benefits Changes

The changes to benefits for imaging is the worst change to benefits I can remember. This new group OneImaging that we have to go through is terrible. What should be a quick scheduling with the doctors office takes weeks to find a cut-rate imaging center nearby and tell them what days you’d prefer and hope they have availability and get back to you. Costs went way up for all kinds of ultrasounds and some other imaging types.


What does first shift do, really?

Why in the world do they come in throwing their weight around, expecting that to change anything? They also have to be the most disorganized group! Hey, we are doing this this way. Then the next day they come in screaming like children who didn’t get their candy saying “I want it this way!” . Make up your mind because no one even thinks you know how you want it! While we are in first shift why in the world do they have supervisors under the en that work a completely different shift? Then write your yearly’s and mid-years? Fortunately, I have a boss that fights for me but some other shifts are not that fortunate! First shift is completely useless other than they are too full of themselves and want to be heard every morning at pass down.
The issue is now coming in yelling and changing your mind no one can take them seriously. For a huge organization it’s not very organized at all! This by the way is why you don’t hire interns out of college and put them in leadership roles, leadership has to be taught or they will fail to lead properly!


new leadership and direction is needed

leadership havent evolved in the last 10+ years. For a company that is hyper focused on money making strategy over and above technology strategy, the pivot should be to high margin software. IBM and HPE constantly acquire software companies and are better for it. JC is a one trick pony and every leader beneath are 'yes men' who are only concerned with their next options or rsu allocation. Bring in some fresh blood and wake up ya muppets!