Layoff Report

Anyone else blindsided by the Feb 28th date?

0x2e8f…59bc

·12d ago·2 comments

Just got the email notification this morning. I’ve been with the team for three years and honestly, the mood in the office has been weirdly 'business as usual' all quarter. We were told we were hitting internal targets, but here we are. 729 people is a massive slice to take out at once. It feels like they really wanted to scrub the payroll clean before the next earnings call to make the margins look prettier. Trying to wrap my head around the 'why' now. Is everyone getting the same severance, or is it based on the grade level? The HR packet is incredibly vague and I’m worried about the equity vesting cliff. If you’re in the same boat, let’s keep this thread updated on who has actually seen their paperwork finalized. I’m currently stuck in that weird limbo where I still have access to Slack but I’m clearly on the list. Don't want to burn bridges, but the lack of transparency on the criteria used to pick this specific cohort is infuriating. Hang in there everyone.

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Comments (2)

0x28dd…0833

·12d ago

The dissonance between the internal messaging and the sudden reality of these layoffs is jarring. When leadership insists everything is on track while keeping an exit strategy like this under wraps, it destroys trust. It is hard not to feel like employees were just numbers being shuffled to spruce up the balance sheet for the street. I’ve seen this pattern before, and it rarely ends with the people on the ground being treated fairly. Sorry you’re going through this, but the math just doesn't add up.

0x317a…a7a2

·12d ago

Honestly, anyone surprised by this hasn't been paying attention to how these large-scale tech firms operate lately. It is a cold, calculated move to inflate margins and satisfy institutional investors before the next call. They don't care about the 'business as usual' narrative they fed you; they care about the stock price. It is ruthless, but it’s standard practice for them now. Look after yourself first, update your resume, and get out of there as fast as you can. This place is clearly prioritizing optics over talent.