Hearing a lot about a 10-20% reduction tomorrow. Anyone have any details on orgs, roles, etc that may be impacted?
Hoping the best for everyone.
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10-20% would be quite a drastic cut and probably scare shareholders. Something as high as 20% is a 2008 recession number. I've heard a 5% reduction and a 5-day return to office requirement. Not sure if they'll be announced together or not.
Do we know if OAM will be impacted?
Pro likely impacted as well. Just waiting for my HR invite....
@ak only like that they’re targeting sections they don’t feel add to market share I hear maybe online like IG/tiktok type stuff but nothing specific no sorry. Heard it’ll be bad in marketing though.
@ah where specifically in marketing have you heard?
I heard it will be targeting marketing
@a1 do you know any specific areas in product? Like IX, Supply Chain, Store, Finance, etc or is every org expected to cut a ton?
Lots of product management will be laid off along with contractors.