đ¨Layoff Season Continues: What We Know So Farđ¨ ⢠Lyft | TODAY - Undisclosed per New York Times ⢠VMware | 1/29/2020 - Undisclosed ⢠Oracle | 1/22/2020 - Undisclosed (Sales so far) ⢠Quora | 1/23/2020 - Undisclosed ⢠23andMe | 1/23/2020 - 100 employees ⢠eBay | 1/22/2020 - 102 employees ⢠Honor | 1/17/2020 - 35 employees ⢠Atrium | 1/15/2020 - Undisclosed ⢠Mozilla | 1/15/2020 - 70 employees ⢠Zume | 1/10/2020 - 250 employees ⢠Lime | 1/9/2020 - 100 employees ⢠Getaround | 1/7/2020 - 150 employees ⢠Rodan + Fields | 1/3/2020 - 86 employees ⢠WeWork | 12/23/2019 - 172 employees ⢠Norton Lifelock | 12/20/2019 - 110 employees ⢠NIO | 12/10/2019 - 141 employees source: Alberts List group! will update as I get more details
These are small numbers. Wait until you see a recession. Sucks for the people hit but at least there are plenty of jobs out there.
Also wework laid off 2400 employees
Does this happen every January or is it worse this year? I wasn't using blind an year ago to know
Is there a breakdown on how many came from Engineering, Sales, HR etc ?
This is sadly long overdue. Most of these companies were running very unprofitable businesses or product lines and were propped up by easy money from investors. I would worry most for the hundreds of small, unprofitable startups around Silicon Valley. Many of them are set up to just sell products to each other, creating a house of cards situation.
Uber, where are you?
Last week, Optimizely laid off 10% of its workforce, 50 employees, and the CFO quit.
Add 8x8 in the above list, recently laid off 3.5% of its workforce https://news.yahoo.com/m/1c5d5c7a-1cf2-360f-8a83-3f8dc02eab0a/8x8-lays-off-dozens-of.html
Wayfair too. We lost 550 comrades.
All of these make sense tbqh
What doesnât make sense is my company has not had layoffs
Lol seriously. Your ceo at least got canned finally