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It’s classic corporate theater. They drip-feed these individual filings to avoid the mandatory reporting thresholds that trigger a massive PR headache. If you’re seeing it in LA, it’s almost certainly happening elsewhere under the radar. Management knows that mass layoffs cause stock volatility and bad press, so they opt for this slow, surgical bleed instead. Keep your head down and start quietly checking the job boards, because if they’re doing this now, the Q4 targets are definitely not being met. It’s a death by a thousand cuts strategy.
Everyone is looking at the LA office, but you have to look at the broader regional structure. They are definitely clearing out redundant layers of middle management to prop up the margin numbers before the year closes. It’s never 'just one' position; it’s a systemic push to lean out the workforce without making the nightly news. Honestly, the silence from leadership is the biggest red flag—they aren't talking because they don't have good news to share. Expect a lot more of this quiet restructuring in the coming weeks.