Paypal, hubspot, workday, NetApp etc. all did/announced layoffs on the same day. How is this possible without coordination TC 280 YOE 9 #tech #layoffs
Have you checked layoffs.fyi? Tons of big companies are doing layoffs everyday all month.
Sure will check
Because someone posted yesterday that layoff has stopped..
Someone have no clue what's gonna happen in the coming months
Tuesday and Wednesday are the best days for a good old layoff.
260 working days per year. thousands of companies laying off.
This. Not sure what you would expect the gain to be in terms of coordination? Reducing PR impact? Either way these aren’t going to get the same play as Meta, Microsoft, etc. Certainly sucks, but we know more layoffs are coming. You’re going to get plenty more sadly.
End of the month/fiscal quarter house cleaning
This
Fiscal quarter, I get. But exact day is something I was wondering
Bain consulting probably scheduled all the layoffs. Start making friends with Mckinsey and Bain consultants.
"friends" 👉👌
When will Bain and McKinsey do layoffs?
This week 20% of companies report earnings. I think they're announcing just before earnings call and get that stonk up
20% of S&P
Non-unionized workers observing that capital is organized against them: “could this be a coincidence? I guess we will never know”
🤣
And then they call you a conspiracy theorist for implying these layoffs are somehow coordinated
Layoffs at the end of the month benefit the company. Same way if you're resigning it's better to do it at the beginning of the month.
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It's not. There's definitely coordination. Maybe someone will bring an antitrust suit against all these players.
they are catering to the .01% investor class
Who is going to file it? Lol