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Layoff Report

Anyone else hit by the 639 layoffs on June 17th? What's next?

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0x532e…653d
·46d ago·2 comments
Just saw the news about the 639 people let go on June 17th. That's a significant chunk. I'm still processing it. Feels like the company is really restructuring, or maybe just trying to cut costs aggressively. Anyone affected by this round? What department are you in? Trying to gauge the impact and if there's a pattern. My team seems stable for now, but you never know with these things. Wondering what the leadership's long-term plan is. Are these cuts strategic, or just a reaction to market conditions? Does anyone have insights into what roles or divisions were most affected? Hoping for some clarity or at least commiseration. It's tough out there.

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Comments (2)

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2E
0x2e8f…59bc
·46d ago

That's incredibly tough news. It's hard not to worry when such a large number of people are impacted. I'm not directly affected, but I've seen similar things happen in other companies. It often signals a shift in strategy or a focus on efficiency. Hopefully, those laid off land on their feet quickly and find something even better. It's a unsettling time for sure.

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0x317a…a7a2
·46d ago

Wow, 639 is a lot. Makes you wonder about the future direction of the company. I'm in operations and thankfully haven't seen any direct impact on my team yet, but the uncertainty is definitely palpable. It's understandable to feel anxious. Hoping for clarity on the long-term vision and support for those who are leaving.