What a week 18% of opendoor, 50% of Twitter, 14% of stripe and 13% of Lyft all in 24 hours.
I think this is what J Powell wants.
Nothing like decreasing demand by increasing unemployment!
Actually, we can also reduce inflation by increasing supply - that's high school economics
Is Twitter confirmed?
80% of India's office is gone :(
wrBD46@ How do you know? source?
What about square 🧐
No layoffs but won’t be growing employee count, only hiring for backfills in 2023
Based on what?
Yoo hmu if youre a Cloud SecEng looking for a role in NYC
Is this for Qualia ?
What a bloody day
How are things at Upstart?
We had Operations people laid off even when management had said earlier there would be no layoffs. Morale is pretty bad and our stock continues to die. A lot of us are looking to see how Q3 earnings turn up. Bright side is we have a decent cash war chest and assuming things stay as predicted, we should survive the recession. Question is if Engineering will survive without any layoffs but we are still hiring so that's a good sign. And pay is pretty good to be honest. I'd still apply for us (or get a referral!) but watch the Q3 earnings next week to see if you should take the offer
50% from Twitter???
Ya it was mentioned by bloomberg that musk is looking to cut 50 perc
Twitter rumors are all over the place
Not for long.
Good strategy. Hire as many as you can before the freeze. Then, when layoff starts, last ones in, first ones out.
Good. We need to see mass layoffs at every major company for this bloodbath to end.
Explain?
¯\_(ツ)_/¯
Your forgot Morgan Stanley
Are the numbers or percent out? Is tech affected?
Lol it’s Morgan Stanley. Since when do the financial firms not do layoffs. They’re always firing.
How’s Uber doing?
Good question
Had good earnings. But doesn’t mean they won’t do layoffs