An extremely tough tech market given pending layoffs across the Industry.
The job market has officially collapsed
https://www.theverge.com/news/603432/google-voluntary-exit-platforms-devices-team
3 replies (most recent on top)
3 months? Everyone got way better than that last time. So the rumors of just 2 months severance are likely true. These layoffs are going to be massive. finally get rid of all the dead weight doing nothing, like the guy on the other thread brags about. This layoff will be great for shareholders and the stock price, not so much for the lazy DEI hires.
Buyouts are fine.
Both sides consent. No one is judged or made to feel victimized.
Much better than fake PIPs that smear good employees.
If Cisco offered buyouts along the lines of three months + one week per year of service + six months health insurance, I would instantly accept. CR would get his headcount reduction and I would get a decent parting gift, and no one would need to feel bad.
Bunch of Bo FA