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Layoffs restructuring 🤡

Software Developer

Layoffs restructuring 🤡- Grapevine

https://www.instagram.com/reel/C377PrdgqBz/?igsh=dmQ5MWNhcm14ZjVu

How layoffs happen

Just heard that Khoros layed off almost 200 employees. Is it really restructuring or they don't have any projects ??
https://www.linkedin.com/posts/shahkaran93_khoros-layoffs-careertransition-activity-7153446757576626176-hqcL

Khoros layoff

Frontend Engineer

What was the first sign that your company might be doing layoffs? 
Was it a random meeting addressed by CEO or some other shit?

What was the first sign of layoff?

Software Engineer

"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

Layoffs

Finance Operations

Mostly Technical Program Managers

Link : https://www.indiatoday.in/amp/technology/news/story/meta-fires-60-employees-at-instagram-giving-an-option-to-re-apply-or-get-laid-off-in-march-2487411-2024-01-11

Meta Layoffs (Instagram) ~ 60 employees

Corporate Strategist

Seeing so many posts on LinkedIn regarding layoff at Instagram london.

Layoffs at Instagram london

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊

Layoffs everywhere?

Senior Consultant

A Corp Bro creation, Keyplay enriched, community-sourced, no-pay-to-play, ungated, BS-free, list of tech companies who are still ACTUALLY hiring.

Who's Still Hiring? Find a Tech Job with Open Roles

layoffs.fyi^-1

Welcome to Office Gossip's Private Community

Does anyone know something about how Dealshare is doing, the folk founders and culture there etc? Am interviewing there and would like to know more

Any thoughts on Dealshare?

Is Cloudflare CEO Matthew Prince the worst leader of people on the planet?????

9 months ago, he publicly gaslit his entire sales team during an earnings call,… | 19 comments on LinkedIn

Sahil Mansuri on LinkedIn: Is Cloudflare CEO Matthew Prince the worst leader of people on the… | 19 comments

This is Shocking - Layoffs

Consultant

1. Most lowest, low to Mid ratings (identified by your manager)

2. High TC — if you are in the same level for a long time (> 3 years) and your TC is reaching the top of that band.

3. High initial stock grant (possible by great offer negotiation skills) and you are approximately in the  2nd or 3rd year (when you got the most pay)

4. those who get retention offer in the past and your TC is L + 1 but not performing at L+1. Time to cut the cost.

5. Coasters: if your manager carefully Evalates your criticality and concluded you are easily replaceable

6. People who consistently complaining their teams are too busy too much pressure too bad WLB are in danger too.

How to minimize your chance of being laid off

1. Tell your manager you don’t need any tc increase，or tc is not your career goal

2 tell your manager you are willing to work hard and have no complaints. If you took 2 ppl work, no one will choose to let you go!

How to identify your Layoff probability

asked and got 37% increment. 0% chance of layoff. work only 6hrs a day. 
  
 have some self respect. I'd rather be laid off than do these shitty points. gross.

Engineering Manager

Write a corporate horror story in three words.

Three words? Here you go with three letters

P I P

Copywriter

Layoffs indicator?

Welcome to Software Engineers's Private Community

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

Is pharmEasy is doing more layoff.

Welcome to News Discussion's Private Community

Zoom communication announce 1300 job cut..

Zoom Layoff

Project Coordinator

Layoff

Program Manager

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. 
Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps".
When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish.
The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees.
My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" 
 
Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously

Layoffs - A complete mess made by the companies

Analyst

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

Wayfair Layoff 1750 Employees Globally

Once again in the name of talent density, there is a 10% layoff from the company and further 10% are going to PIP. 
And this cycle will repeat in 6 month as stated in their mail.

Rebel Foods Layoff

Category Manager

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. 
Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps".
When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish.
The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees.
My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" 
 
Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously

Layoffs restructuring 🤡

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