Layoff Report

New layoff numbers are out. What's the impact?

0x149a…8b27

·27d ago·2 comments

So, 1400 more folks out the door as of June 6th. This is becoming a regular event. I'm trying to get a sense of where these cuts are happening. Is it across the board, or are certain divisions taking the brunt? Saw some chatter about sustainability teams being hit, which seems counterintuitive given the market direction. Then you hear about cost-cutting, but at this scale, it feels like more than just trimming fat. Anyone who's been impacted directly or indirectly, feel free to share what you're hearing or experiencing. Trying to make sense of the bigger picture here and how these continuous layoffs are shaping the company's future.

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Comments (2)

0x532e…653d

·27d ago

This is concerning. It feels like more than just a minor restructuring. The sheer number of people being let go suggests a significant strategic shift or a deeper financial issue than is being publicly acknowledged. I'm curious about the long-term implications for innovation and employee morale. If experienced individuals are leaving, that's a loss of institutional knowledge that's hard to replace. Hopefully, those affected land on their feet quickly.

0x317a…a7a2

·27d ago

It's tough to hear about these ongoing layoffs. The sustainability team cuts are particularly puzzling, especially if they're aiming for future growth and market relevance. Perhaps there's a shift in how they're approaching those initiatives, or maybe it's just a matter of reallocating resources. It definitely makes you wonder about the overall health of the company and where they see themselves in the next few years. Wishing everyone impacted the best.