Layoffs in the Tech org are slated for late this year or early next year. It’s pretty evident there’s no plan for growth and no one left to innovate. The entire MO is to keep the business running for a few more quarters so they can IPO. The moment they’re able to do this, most of the senior leadership will leave so all these problems become someone else’s!
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Layoffs are constantly happening; they are just smaller. I know of several departments with 2-4 US people laid off in Q3.
If your employment contract gives you 12 weeks notice then October 8th could be a key date as it takes you to December 31st.
Depends who is left...
As long as the C-Suite wants to keep getting their fat checks and bonuses....
Layoffs will continue! They will always find a new country with even cheaper labor.
Today it might be Mexico and India.
Tomorrow it will be another cheaper country. A race to the bottom!!!