Indeed lays off 2200 employees. There's no way a company that large needs to lay off :(

CEO takes full responsibility for company’s shortcomings and eliminates1750 roles today!This is done after already eliminating 900 positions 6 months back!!

https://www.indeed.com/press/releases/a-message-from-our-ceo-chris-hyams

According to a report, Amazon will be terminating 10,000 jobs starting this week, which represents less than 1% of its 1.5 million global employees and around 3% of the company's corporate staff.

Shadowfax laid of approx. 100 employees in December and January combined. 10-15 % of folks were from senior roles. I would call it a smart layoff.

https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs

https://www.moneycontrol.com/news/business/cognizant-says-revenue-will-decline-in-2023-to-lay-off-3500-employees-10523261.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts

"If you have to conduct layoffs, which is always a regrettable thing, there's kind of three things that are very important. One is to communicate well with your employees in order to help them understand why it is you're doing, and how. Second is to make sure that the employees who are part of the go forward, understand kind of what happened and are not like the ground doesn't keep moving. It's like, okay, we did that, we're moving forward, here we go. And then for the employees that you unfortunately have to let go, try to provide as much support for them as possible." ~ Reid Hoffman

There is rumours that in upcoming week , there is mass layoff at pharmEasy .