Hope you survive the upcoming mass layoffs
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It might be 20th then .
@OP nothing happened .....
@jv is it tomorrow 5am US time ?
Is it happening today?
5/20.
Is it happening in Australia ?
Wont save them, I had a friend SWE 1 who fit this category and she was part of the 2024 layoffs.
I heard a rumor from one of my people in HR that it's supposed to be M2 heavy, no idea how true that is. SWE's are gonna be pretty badly hit as well, so as someone with a bloated team/org I've just come to terms it's over at this point.
Is the layoff announced in India and Isreal already since their day has started?
@k2 some were axed in 2024. There was no formula other than each group had to deliver a certain body count. Tenure didn’t factor in. VPs+ had discretion to put anyone on the list.
@k7 9am EST OR PST?
@k7 if you say so. I’m not so convinced
It is happening 100% tomorrow. All impacted will receive an HR invite at 9am. It will be followed by a massive reorg. Buckle up.
@k5 no
@k4 aren't most engineers in IDC
heard it will be SWEs
When credit is cheap, the share prices moon, .....now when energy prices go up , cheap credit is no more and share prices take a dump ...we are scrwed..this is just the tip of the iceberg ..yikes
And what about newer hires who haven’t been through a review cycle yet?
During the last layoffs were new hires affected?
Any idea what happens to open roles? I am interviewing with them.
@jv any intel on which orgs are impacted most? Leveling?
@jv any idea if it’s location based or general across corp ?I hope you’re not BSing lol , I guess we’ll find out for sure tomorrow
@jv press X to doubt
@jv Thank you friend. Guessing that means you have some tough convos tomorrow. I hope your folks do alright.
I’m a director and was just notified it’s happening tomorrow. Initial email will be sent at 5am and then the impacted will receive a second hr invite starting at 9am
Anyone got any fresh updates on tomorrow?
@hr why?
Makes a lot more sense for it to happen Monday
@gw someone mentioned trying to get ahead of earnings which report out on the 20.
@dy Yes but by law, they need to file with state and possibly federal. I've been part of a WARN layoff before. I just assumed they would need to file documents first. Maybe they embargo them until day of.
@d0 what makes you say wednesday?
So has anyone heard anything?
So, the employees will get a meeting invite tomorrow from their managers at 9am?
@d1 Last big layoff in Jul 2024, managers didn't know until either the afternoon before or the morning of (I can't remember which), but there was no manager or knowledge or input until right before we had to give the news.
@gp 9am EST or PST?
@gw If I had to guess, it's because the publicity from 2024 after that debacle was awful
Why layoff this week and not “manage out” after end of year review?
is Toronto office impacted by this?
LA office seems concerning along with Reno , seems ATL Plano are going to be safe
@cz Yes, it's typically an AM action. The 2024 layoff was on Wednesday, July 10, at 9AM.