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Comments (2)
Same here. The 'efficiency' language is definitely the new code for layoffs. My department just had a mandatory meeting about 'streamlining resources,' which essentially translated to everyone being handed extra work while our budget was gutted. It’s impossible to get a straight answer from HR or leadership, and the lack of transparency is honestly killing the morale. Don't be surprised if the next round of announcements targets headcount directly.
I wouldn't stress too much about the budget cuts just yet. It seems like they’re trying to consolidate resources to fast-track the late-stage pipeline projects before the next fiscal cycle. Every company goes through these cycles of belt-tightening when they want to show investors they're focused on high-value assets. Just keep your head down, document everything you do, and try not to buy into the hallway rumors. It’s likely just standard corporate posturing.