Why layoffs ? What's happening with it sector ?
Been hearing layoffs again and there are less hiring what's the actual reason for this and when this become normal
So many companies are doing layoffs. It's becoming so common that now a days people have even got used to it. Folks in or know about US/UK/Canada, how's the situation over there? Is this shit show becoming common there too?
It’s probably becoming more common than before as there are websites which literally track this. Layoffs.fyi
The money supply has gone down (because interest rates are high in America). Any business who was paying salary by raising money from investors can only pay as much, as there money supply is stopped.
Ya I was remotely working with a US startup and got laid off last week. There was no clue about layoffs before it all happened in 3 hrs.
I feel the situation is the worst in both India and Us.
The sad part is Fed is Going to pump money within a year but this time companies won't hire people. They will hire AI agents or AI tools or ai assisted agencies as temporary resources
Been hearing layoffs again and there are less hiring what's the actual reason for this and when this become normal
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 h...
I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way?
If it's really bad, which department you think is the most affecte...
It is really bad right now 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big ...
I am really curious why there are so many layoffs in the IT industry. Wherever you see, big companies like CISCO are laying off so many employees. Experts on Grapevine, please explain what is going on.
Amazon Microsoft, Google, etc. All layying off people.
They just started sending emails today morning for US/Canada.
India/EU would be sent next week so we dont know the exact numbers yet.
Same information going on Blind, hundreds of...