Snap cut several senior executives in its layoffs announced on Monday, aiming in part to reduce the amount of stock based compensation it pays out to senior people, CEO Evan Spiegel told staff on Monday. The company said it would cut its workforce by 10%, or around 550 employees. Included in the cu...Read more
It appears that major technology companies, both Tier 1 and Tier 2, are targeting a 25% reduction in workforce. Airbnb implemented a 25% cut earlier, and now Facebook has also reduced their staff by 25%. With a total employee count of 86K, Facebook has so far laid off 21K individuals. Additionally,...Read more
Rumors are that if PIP and attrition targets are not met this year, Amazon will layoff again. Already, many decent performers on our team were put on sudden coaching plan and are being coerced to leave. What are odds of layoffs at Amazon in the first quarter? #severance #layoff #amazon
Back in 2020, it seems like most managers had no say in who got let go. No one was safe, not even top performers. Companies just ripped apart departments to lower operational costs. Didn’t care who it was. Now it seems like managers have a say in who gets let go from their departments. They seem to...Read more
Like all those people who r in games room all day or gossiping at the watercooler and getting nothing done.
AMD has been doing targeted layoffs this week.
Everyone who got laid off in my team was an H1B and I’ve also seen many other people who got affected who were in the same situation… TC: 350k
Was it mostly recruiting? How much eng was affected? Were ML engineers or Brain team affected? Sorry for those who lost their job today. TC 300k
https://www.wsj.com/business/wayfair-layoffs-focused-on-remote-workers-9ec2f037 Edit: link without Paywall https://archive.is/UbtLo
Hi, Once laid off from a job do the same person will be targeted next time in next job? Say employer found the gap while h1b transfer or during interview they found candidate is laid off #google #apple #facebook
None of them lasted past it. I think they were targeted. People should be demanding demographics from the layoffs.
I am a good performer and am in the recent promo submissions. My skip level doesn't care for me though. I am worried he will target me under the mass layoffs. Do I have any protection? L65, TC 340k
TSIA https://www.wsj.com/business/wayfair-layoffs-focused-on-remote-workers-9ec2f037 Do you think this will become more widespread with more companies targeting remote workers for layoffs?
Last year, I negotiated Max offer at a FAANG, and ended up getting laid off in my first few weeks. I read a lot about new hires with high offers were layoff target. I just passed FAANG again and reached offer negotiations, and I can't help but feel paranoid that I'll end up in same place again. But...Read more
I noticed this during the recent Google layoff, as I have friends working in Google Canada. They have a massive headquarters here. Yet nobody I know was affected. When I navigate to LinkedIn, I can see dozens of people going on about being laid off from Google, all from the US. I don't think I've pe...Read more
I've seen a huge amount of H1B layoff posts. Perhaps it's the urgency of the situation but do you think FAANG targeted H1B employees?
Should I wait for other opportunities next year Or join Target
As title. I joined Amazon India 3 months back and anxious about whole layoffs thing 😑 TC 74lpa Yoe 5 #layoff #india #amazon