I work in Operations leadership and can confirm this will happen. I hear that the week prior to Thanksgiving, HR has blocked their calendar off for a day of major layoffs.
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Sorry for bursting your bubble but Amazon are not going to buy you. Any clear-out is just the new-normal, end-of-calendar RIF as per last year at this time. My condolences to anyone impacted but there are far better options out there, wherever you are located. Believe me.
Are these layoffs still scheduled for next week?
Clean out your office. Don't leave anything you want there.
@OP potentially a bit of house cleaning ahead of a potential buyout by Amazon?
Yikes, condolences for anyone gets affected. It's sounds like a good time as any to update your resume.
End of year bonuses are coming up for the execs. Need to cut expenses.
Just in time for the Holidays
Is this legacy Viasat or Legacy Inmarsat impacted and is it Tempe, Carlsbad, or Duluth focused?
How much will development engineering be affected?