Silent layoff is a layoff unnoticed by media and somehow not reported to labor department. Usually firing continuously in not too large batches Have you notice companies doing silent layoffs? As example and you can google it, you may not see layoffs from my company but they fired 100 ppl 3 month...Read more
Didn’t know you could see the list of companies that submit WARN in public. For folks like me that didn’t know, search: “WARN act list (your state)” California https://edd.ca.gov/siteassets/files/jobs_and_training/warn/warn_report.xlsx Scroll to bottom for latest
December is often the second-highest month for job cuts. January is worse. https://www.wsj.com/articles/why-companies-do-layoffs-around-christmas-11671120912
We’re in the trad finance and crypto space, just had 30% layoffs after a year of the executives lying to themselves and to us. Pretty much all top management have been purged by the board and we had our big layoffs. My team and I were spared. Just needing to vent, too many good workers laid off who...Read more
With $SNAP in the toilet it may be time to jump ship. Which companies are still hiring, layoff-safe and have high comp? - google - Apple - tiktok - Amazon - Bloomberg
which companies are going through Layoffs looks like FANG is safe
My company is laying off 3k people (and more than likely me). I just graduated college and have been interning/co-oping since early last year. I just started full time and I'm finding it difficult to land any interviews for the jobs I'm applying for. I want to get into a tech company, but being born...Read more
Any speculations? Which companies? Are there more layoffs coming in more companies?
Real question: which companies or which tech industries are the least likely to have layoffs? TC: 183k (new grad)
Left Microsoft last year after 10+ years. Was told to be a traitor by a colleague that would always say strong sentences about “My team…” and “My company…”. I kept warning him it is just business, and that Satya would throw his mother under a bus to increase the stock price. Today, the previous col...Read more
Layoffs: Better, Robinhood, Carvana Freeze: Meta Future ones: Coinbase?, Netflix?, Twitter?, Amazon Retail? TC 230k (soon to be zero?)
Here in Germany that's barely possible. It's a much more stable society for all. Tc 84k
What are they? Let's celebrate them! I'll start- Apple Nvidia
https://fortune.com/europe/2024/04/23/spotify-earnings-q1-ceo-daniel-eklaying-off-1500-spotify-employees-negatively-affected-streaming-giants-operations/ Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s operations ... four months on, ...Read more
You won't believe it but it's true. https://finance.yahoo.com/news/tough-on-morale-citigroup-reveals-plans-for-20000-job-cuts-by-2026-160228902.html #severance #layoff #citibank #citi
Now that Yelp, Opendoor, Uber, Lyft, Airbnb, MagicLeap, Lime, Thumbtack all laid off, who do you think is next?
Apparently new grads who were a few months in were laid off in this round.But ASP also delayed a large bulk of new grads 6 months back in December. So I guess ASP has the jurisdiction to prevent new grads from being rescinded by delaying them but it was S Team who makes the call on layoffs once they...Read more