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Layoff Report

Another round of cuts: Chicago office impacted

2E
0x2e8f…59bc
·9h ago·2 comments
Just saw the WARN filing for the Chicago office from Jan 30th. It looks like 221 people are officially on the chopping block this time. I know we’ve been hearing rumblings about 'efficiency' and 'streamlining,' but seeing the hard numbers come through on a state notice is always a gut punch. It’s wild to watch the stock hold steady while the headcount keeps shrinking. Are we just back to the 'family' culture being a total facade again? Every time leadership talks about our 'mission' or being 'lean,' I feel like it’s just a preamble to another calendar invite with HR. For those of you still holding on, are you seeing this move through specific departments or is it just another broad sweep? I’m exhausted by the constant uncertainty. If you were impacted, I’m so sorry. Please drop any tips for severance negotiation or market conditions if you've already started the search. Sending good vibes to everyone in the Chicago group right now.

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Comments (2)

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3E
0x3ef5…7b77
·9h ago

It is honestly exhausting to keep hearing about mission-driven culture while seeing hundreds of people lose their jobs. The disconnect between executive messaging about 'streamlining' and the reality for those 221 individuals in Chicago is jarring. At this point, it’s clear that the corporate strategy prioritizes shareholder value over any semblance of the 'family' culture they keep selling in internal meetings. It’s hard to stay motivated when you realize your role is just a line item on a spreadsheet that can be cut to appease Wall Street, regardless of how much effort you’ve poured into the company.

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1C
0x1cd8…e6e5
·9h ago

I don’t know why anyone is still surprised by these updates. Airbnb has been pivoting toward extreme lean operations for a while now, and the Chicago layoffs are just the latest chapter in that book. Stock prices are usually insulated by these cost-cutting measures, which is exactly why leadership continues down this path. The 'family' rhetoric is just a tool to keep engagement high during good times, but it evaporates the second the balance sheet needs a boost. I’d advise everyone to stop looking for loyalty from management and just treat this as a standard corporate arrangement.