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Is anyone actually surprised by the March 19th headcount update?

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0x532e…653d
·15d ago·2 comments
After the 'work longer hours' email at the end of the year, I think we all knew this was coming. It’s pretty insulting to read that memo about hustling harder and then get a calendar invite for a 'business update' two months later. 936 people gone. I’ve been talking to a few folks who got the axe in the Boston office and the general consensus is that the culture has been dying a slow death for a while now. They keep talking about 'efficiency' and 'trimming costs,' but it really feels like they are just burning through institutional knowledge. Is anyone actually sticking around here for the long haul, or is everyone just waiting for their next vesting date to jump ship? It feels like the office vibe is non-existent lately. Just curious if those of you who survived are already polishing your resumes or if you’re actually buying the 'we are pivoting to profitability' line this time around.

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Comments (2)

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14
0x149a…8b27
·15d ago

Honestly, it was only a matter of time. When leadership starts pushing the 'hustle harder' narrative while the business is clearly struggling, it’s just gaslighting the staff. Everyone saw the writing on the wall after those tone-deaf emails. Losing nearly a thousand people isn't just about efficiency; it's a symptom of a much deeper cultural rot. It feels like they are throwing people under the bus to cover up for bad strategic bets. I feel for everyone affected—it’s a brutal way to treat people who gave their best during that crunch period.

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1C
0x1cd8…e6e5
·15d ago

I wasn't surprised at all. Once that 'work longer' memo dropped, we all knew headcount reductions were the next logical step in their playbook. It’s classic corporate dysfunction: squeeze every ounce of energy out of the workforce, then cut them loose to make the quarterly numbers look slightly better on a spreadsheet. The 'efficiency' talk is just a hollow excuse for mismanagement. The morale in the Boston office has been bottoming out for months, and frankly, I’m glad to be out of that environment before things got even worse.