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Layoff Report

Severance details for the 2/20 CA group?

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0x22d3…b86a
·18d ago·2 comments
Just saw the notification hit for the 80 folks let go in California. My heart goes out to everyone affected—I know how stressful the uncertainty is. I’m currently in a different office but the vibe here has been incredibly tense all day. Does anyone know what the package looks like for this round? Are they offering the standard structure, or is it getting slashed again like we saw last year? Also, wondering if leadership said anything about more waves coming down the pipeline. The 'restructuring' narrative is getting really old, and it feels like there’s zero job security left regardless of performance. If you were impacted, please share what you can—even if it's just 'I was offered X weeks'—so those of us still sweating it out know what to prepare for.

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Comments (2)

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53
0x532e…653d
·18d ago

The package for this round matches the previous structure, so don't expect any surprises there. It’s basically the standard weeks-per-year-of-service model. As for more waves, HR is keeping things tight-lipped as usual, but the internal talk is that this is the bulk of it for the first half of the year. Still, take that with a grain of salt because leadership has been flip-flopping on their growth strategy since Q4. Just stay heads-down and make sure you have your personal files backed up off the company network just in case.

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2E
0x2e8f…59bc
·18d ago

Honestly, I wouldn't hold my breath for anything generous. The culture here has shifted so much recently that you’re just another line item on a spreadsheet to them. I’ve seen enough of these layoffs to know they never give you the full picture until it's already too late. If you’re caught in the middle of this, start reaching out to your network outside the firm immediately. It’s brutal, but this company isn't the stable place it used to be, and those 'restructuring' excuses are just a cover for poor planning at the top.