Second Round of Layoffs- HackerEarth

Revenue growth is less than projections & has triggered another bunch of layoffs

HR-Tech platform recently laid off 10% of their workforce and also announced pay cuts for the employees. Funny how they boast about not having to layoff employees in media.

Microsoft Second Round Layoffs in India just happens Today. All the employees who have been impacted got emails and access have been revoked . They are keeping it wrap under NDA and forcing people not to share details outside especially with media

Also any insider info on the same?

Declared for the states: We’ll pay employees during the full notification period (minimum 60 days). We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting. We’ll pay 2022 bonuses and remaining vacation time. We’ll be offering 6 months of healthcare, job placement services, and immigration support for those affected. Outside the US, we’ll support employees in line with local practices.

Reports that there could be a 3rd round of layoffs at meta. Also there have been rumors that Amazon could layoff more people. This month could come with more bad news

I am expecting an offer from GoTo for a senior data science role. How good is the culture and whether they provide mobility to SG ? Safe to join GoTo given they had layoffs recently? Thanks

First round happened in March. 130-140 engg. Around 40 engg were fired. Then some silent layoffs happened in different teams like hr. Then Few good enggs left the company. This week another round happened with around 20-25 enggs

Last night many people got notified; 10th June is the LWD in India ! Did you got impacted? This layoff is presented what happened 2.5 months back in MTV!

People who were affected just got emails. Orgs include Search, Cloud, Ads , Assistant, Pixel, etc. Engg is affected