Employers are actually turning to silent layoffs, and forcing people out to cut their budgets. Onboarding mismatched people to botch operations that older and wiser will simply leave.

Product Manager

Haha doesn’t account for silent layoff. Employers are also wiser on how to get exits without drawing attention

Software Engineer

Performance cycled are probably much higher this year

Recruiter

Silent layoffs numbers would be equally worse if accounted to.

most of loud layoff are recorded here. trend seems to be going down.

Here you’ll find a complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2023.

A comprehensive list of 2023 tech layoffs | TechCrunch

layoff stats

Lawyer

layoff stats- Grapevine

Layoffs indicator?

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

Welcome to News Discussion's Private Community

Been hearing layoffs again and there are less hiring what's the actual reason for this and when this become normal

Why layoffs ? What's happening with it sector ?

"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

Looks like job market is a bit more stable nowadays, first half of the year was all about layoffs, and pink slips. Post June while the layoff news is still coming in, it's not as frequent as earlier. Maybe no boom right now in job market but feel it's relatively more stable.

Has the job market stabilized now? Don't hear too many layoff news nowadays.

Silent layoffs

Layoffs in Indian IT firms over last one year

Welcome to Software Engineers's Private Community

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?

Hearing a lot of Layoffs lately

Software Developer

What's your thought on whether the job market is on a trend towards normalizing versus previous quarters? When do you think market will be back to normal?

Job market normalizing?

Medical Expert

They fired almost 50% of the workforce

Aug 2022: 20%
Nov 2022: 22%
Feb 2023: 7%

Leaders lie about not having anymore layoffs and they also ensure that we can’t talk about layoffs if we want the severance via NDA.

Affected in Turing layoff number 3

Analyst

Looking at so many layoffs at Google, Cloudflare and FAANG-type comoanies; that too in spite of having profitable quarters makes me think of FAANG is a curse instead of blessing?
Anyone with similar thoughts?

FAANG unattractive in 2024

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

Highest number of layoffs since Mar-2023

If we look at layoff trends in India, then late stage IPO headed startups are doing it to boost profitability, or mid to early stage ones where they're trying to fit into a viable biz model. some mid sized MNCs also did layoffs where they have seen hit to their books.. all in all, crux was similar - to boost efficiency and eliminate redundancy.
Then comes the companies with their support teams in india or US/EU banks and their ops outsourced in India.. i mean if you got friends in these firms you would understand how chillax they're about this.

Take the example of AmEx...there's so much slack in the company, got few friends there and all of them don't work more 4 hours a day and that too most of the work some excel and next to shit level of python/sql while their salary in almost 90-95% of avg market (similar to what top paying startups).. Along with that teams are operating at 150% of strength so wlb is heaven there. story is similar with folks in similar US based support ops in india (citi, jp morgan, mastercard, some service based orgs etc)

but look the irony of overall market.. you should be efficient and scared about your job as long you're into startups and Indian firms but once you make it captive or offshore centres of these US based firms.. you're life is chill, relax, no bad wlb, practically no layoffs. so you won't find these folks scrambling across GV or fishbowl or like that and getting stressed about seeing how other folks feel when one of the closer startups decided to restructure 

(i am frustrated because i once let go a offer of top US fintech company to go for a startup and now all i have is regrets given how the events across startup ecosystem are folding like layoffs across Fk, swiggy etc.. and not only layoffs but in general WLB and culture has taken a huge huge hit ::///// ) well it is what it is i guess then :,)

Layoffs trends in India

Program Manager

https://twitter.com/Megatron_ron/status/1752423099117498813?t=Opv2CVizjmI6VrTKhVEIQA&s=19

Crazy numbers! Didn't know it was happening in large numbers

Layoffs in the west in Jan 2024

Lay off

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

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?

Welcome to Indian Startups's Private Community

I am seeing lots of startups are firing these days even previous year it was happening.

Would like to know the mindset of employees who got saved. Like to know what goes inside your head. How do you deal with this situation as it can happen with who got saved somehow, etc etc

What is the morale of employees in company where layoff happens

Android Engineer

I have been hearing from multiple friends across organizations in India. Lay offs are not in news but happening silently across boards. Companies are on cost cutting mode. Interesting year ahead

Silent layoffs happenings across organizations

Thank you for sharing this. 
  
 Was not knowing about silent layoffs happening. 
  
 But one interesting thing I have observed is that many organizations are now deliberately making the work environment more pressurised and/or toxic to reduce the headcount so that they don't need to layoff people.

Software Test - QA

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😊

layoff stats

Discover More

Memes on

by Aaron Taye

Vercel

Layoffs indicator?

Layoffs on

by Dezi Hyrum

Searching

Urban Company has started to do silent layoffs again.

News Discussion on

by Kendall Olive

Stealth

Why layoffs ? What's happening with it sector ?

Layoffs on

by Jordon Lee

Not Specifed

Layoffs

News Discussion on

by Blair Vernon

Stealth

Has the job market stabilized now? Don't hear too many layoff news nowadays.

Layoffs on

by Karilyn Taye

Student

Silent layoffs

Layoffs on

by Dezi Lee

Student

Layoffs in Indian IT firms over last one year

Software Engineers on

by Matilda Hyrum

B2B SaaS

Hearing a lot of Layoffs lately

Layoffs on

by Dezi Lee

Stealth

Job market normalizing?

Layoffs on

by Jordon Everett

Big 4

Affected in Turing layoff number 3

Layoffs on

by Kendall Carmden

MasterCard

FAANG unattractive in 2024

Layoffs on

by Dezi Carmden

Stealth

Highest number of layoffs since Mar-2023

Layoffs on

by Kendall Taye

Stealth

Layoffs trends in India

Layoffs on

by Matilda Taye

Stealth

Layoffs in the west in Jan 2024

Software Engineers on

by Anise Lee

Stealth

Lay off

Software Engineers on

by Anise Vernon

Stealth

LinkedIn Layoffs India

Office Gossip on

by Aaron Lee

Stealth

Any thoughts on Dealshare?

Indian Startups on

by Kendall Carmden

Vedanta

What is the morale of employees in company where layoff happens

Software Engineers on

by Coy Gabriel

TIAA-CREF

Silent layoffs happenings across organizations

Layoffs on

by Kendall Lee