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Layoff Report
Heard rumors about a potential RIF in Q3
1C
0x1cd8…e6e5Throwaway for obvious reasons. I have a buddy in HR operations who mentioned that leadership is putting together 'impact packages' for a potential reduction in force slated for late summer. They’re framing it as 'realigning resources toward AI and core grocery infrastructure,' which is usually code for trimming the fat in departments they view as non-essential. I don’t have a confirmed date or the specific departments, but the chatter is that it’s going to be a 5-10% cut across the board to satisfy investor demand for better margins before the next earnings call. If you’re working on legacy features or anything not directly tied to the advertising platform, I’d suggest updating your resume and making sure you have your documentation in order just in case. Don't rely on the 'everything is fine' messaging from the top; protect yourself now.