Software Engineer

Corporate Strategist

Wouldn’t be surprised if the next week starts off with layoffs

Wouldn’t be surprised if the next week starts off with layoffs- Grapevine

Heard from multiple colleagues that they could cut Ads and AWA teams in India. Wouldn’t be surprised if this happens on Tuesday or Wednesday just before the earnings calls. 

All the best folks!

Folks this week could be the Amazon Layoffs

Product Marketing Manager

https://www.calcalistech.com/ctechnews/article/sk4qzfoekg

Intel braces for next layoff wave

Software Developer

Any chance of layoffs in swiggy in the technology department?

Source is someone from Cisco. Can anyone else validate or reject this leak/rumour?

Cisco to lay off 8-10k next week?

Investor

Rumor mill is fired up since a week and all meetings with senior leadership this week have been removed from calendars without any notice! Also noticed that several leaders are WFH today. Guessing that is to avoid nervous conversations and to engage in private meetings over phone calls to decide which heads they are going to chop off. 
The 🔔are going off! Prepare yourselves!

Wayfair Likely Doing a Mass Layoff Tomorrow

Analyst

The company is notoriously famous for doing silent layoffs in the name of semi-annual performance reviews. Given that by next month their peak season will get over, they have started with the homework of preparing lists for people to do layoffs.

Urban Company has started to do silent layoffs again.

Business Development Manager

is it only going to get worse in the upcoming months?

Highest number of layoffs since Mar-2023

In a 'significantly larger' job cut, Microsoft is likely to begin laying off its employees from today.

'Significantly Larger' Layoff: Microsoft To Sack Thousands Of Employees Today

Microsoft starts layoffs

Customer Experience

Apparently a huge Goldman Sachs layoff is about to come soon. 

The company has taken a huge cost reduction target 

https://www.dailymail.co.uk/news/article-11581161/Goldman-Sachs-CEO-David-Solomon-warns-mass-layoffs-just-weeks-away.html

Layoffs may hit finance soon

Welcome to Software Engineers's Private Community

Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people.

Like whats happening man!!! Is the company dumb or what?

LinkedIn Layoffs India

(1) Reduce cost of human capital -> (2) Post better EBITDA numbers in earnings calls -> (3) Get big bonuses and sell your equity if its value is rising -> (4) Hire a lot of people again so that you can repeat this cycle again to profit

Wouldn’t be surprised if the next week starts off with layoffs

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