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Comments (2)
It is definitely a company-wide directive. Management has been quietly slashing headcount through attrition for a while now to hit those quarterly margin targets. They count on people just picking up the slack so they don't have to announce formal layoffs. If your team lost senior engineers and the positions were wiped from the portal, they aren't coming back. The 'do more with less' mantra is the new status quo, so don't wait for a sign that things will improve. Polish your resume and start looking elsewhere before you burn out completely.
Same story here in my division. We lost three key people in the spring, and leadership stopped even acknowledging the open headcount after the first month. They keep talking about 'operational efficiency' and 'reallocating resources,' which is just corporate speak for forcing the remaining staff to absorb all the extra work without extra pay. Morale is non-existent and the silence from HR is deafening. At this point, it is clear that they are cutting costs by attrition to prop up the stock price. It is time to jump ship.