https://www.redfin.com/news/november-layoff/
They can sneak in the layoff since meta has the spotlight. Good strategy.
13% is the magic number
The stock is at $3.36. Does not bode well for the employees 😢
Not for the company either. How can they raise equity from the market or pay market rate to (future) new hires. Forget about layoffs, with that stock price Redfin is hosed. [̲̅$̲̅(̲̅ ͡ಠ_ಠ)̲̅$̲̅]
And now it begins, tech companies will bury their layoff news behind Meta’s
certainly seems like it ... all on the same day we announce earnings
So who all got laid off? Analyst, realtors ? Did sde got laid off ?