Company wide email sent out today from the CEO, supervisors are expected to have calls and make decisions today to reduce headcount and those affected will be effective August 15th. Hoping it affects fewer than expected but it could be several people in the US.
Good luck, OP. Several companies are announcing layoffs every day, unfortunately.
I seem to have survived. Financials and stock has been trash so unsurprising. They haven't really said how many or what departments yet, prolly in the meeting tomorrow
Sorry to hear but not surprised. They don’t have much cash and can’t raise money at these interest levels and stock price.
Sounds like mostly engineering and product people.
Design and marketing as well
About 9% of US-based employees are affected across all teams.
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Sorry to hear.
Roku next
we’ll see