Planning to join SVB soon. CEO in earnings call mentioned about potentials layoffs in professional services. Any insights from existing employees?? #layoffs #siliconvalleybank
Can confirm the hiring freeze. No layoffs yet but most feel it’s looming.
Any updates on this?
We are in hiring freeze.
Just had our first round of layoffs a few days ago. Potentially more coming this year depending on how the economy performs. Not a great time to join.
Is it contractors only??
No, a few hundred FTE were laid off too. Likely more to come.
Which teams were impacted? Can’t seem to find any news or headlines on this.
So… how’s it going?
Came here for this comment
Bruh
Now is a great time to join
No layoffs yet, hiring freeze just announced this week. Contractors/temporary staff first to go