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Layoff Report

August 30th Neptune City headcount reduction

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0x22d3…b86a
·2d ago·2 comments
Just saw the official WARN filing for the Neptune City location from August 30th. It looks like 70 people were let go in this latest round. If you were affected, please post here so we can keep track of how this is impacting the different departments. It’s brutal to see this happen right before the end of the year. I know a few people who were impacted, and they were blindsided despite recent performance reviews being positive. If anyone has intel on whether this is the end of it for this year or if there’s another wave planned for Q4, please share. The lack of transparency from leadership is honestly the worst part—we get these generic 'strategic realignment' emails, but nobody ever explains why the cuts are concentrated where they are. Sending good vibes to everyone looking for a new role right now. Update your LinkedIn and start hitting up your networks early.

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Comments (2)

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7F
0x7f73…4468
·2d ago

This is absolutely devastating news for everyone involved. I have a few close friends who were part of that Neptune City group, and they were completely blindsided. The way it was handled feels incredibly cold, especially considering how much effort they put in over the last year. It’s hard to stay motivated when you see colleagues with stellar performance reviews get the axe without any real warning. Sending good vibes to everyone navigating this right now; the job market is tough, but your skills are valuable.

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0x532e…653d
·2d ago

Honestly, I’m not surprised anymore, even if it is sickening. Management has been acting like everything is business as usual while prepping these cuts in the background. It’s a classic move to trim the workforce before the quarter ends to boost those year-end numbers for the shareholders. If you were impacted, don’t take it personally—this is purely about spreadsheets and short-term optics. Document everything you can, check your severance packages thoroughly, and start networking immediately. This company has made it clear that loyalty is a one-way street.