Heard from a reliable source that a massive (600+ people) are getting let go at the beginning of October. Was told it impacts every level….Just wanted to give others a heads up in case your manager is acting funny 🫠
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@3pd what type of package are they giving and does it depend on your role and how long you been with the company?
2 months severance
I wonder if in the past few months there's been any public announcements of this company building relationships with outsourcing companies that would promise to fill labor gaps with contractors and "ai" to lower ebitda? Maybe places like accenture?
Just got the package. All of my engineering team 10 of us are gone.
Based on a reddit thread the layoffs have started. Someone posted that it could be 40% in India
my o my how the stock has dropped in recent months, time for a round of layoffs for sure.
So glad software management team is pushing AI down our throats and recuperating those costs by laying off swaths of workers on the software side.. software leadership is awful