#layoffs

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Being worried about layoffs isn’t some minor anxiety

Not in this economy, and not with the job market the way it is. So please, share credible information or at least somewhat reliable rumors. We’re all in this together. Most of us would rather have a heads-up, but nobody wants to get worked up week after week over layoffs that aren’t actually happening.


Sooo… not really “one and done”?

If we go by the media reports, that doesn’t seem to be the case. But then, who still trusts leadership at their word? We’ve been stressing for weeks over the coming big round, and now it sounds like it might turn into a drawn-out affair. No company, and no fu--ing job, is worth this much personal anxiety and collective pressure.


Amazon layoffs online with TGT

Was this planned and coordinating by each others CEO’s to layoff this many retail employees at same time or just forward looking forecast of the industry ? Hence similar timing

Also is their cut less bad as ours? Or about same. Ratio. Still not good either way you slice and dice this


AI Ponzi Flywheel about to crash 1leading to 15% layoffs

In the "AI Ponzi Flywheel" circulates money in a self-reinforcing loop which Cisco is a part of. This artificially inflates valuations without any broad external revenue

First, Nvidia and AMD inject low-cost financing directly into OpenAI (like Nvidia's $100 billion commitment and AMD's warrants for cheap stock)

this is for infrastructure purchases.

OpenAI then deploys these funds to acquire cloud compute from Oracle and CoreWeave (Nvidia-backed), along with networking equipment from Cisco via the Stargate UAE project.

Then, Oracle and CoreWeave reinvest OpenAI's payments to procure more Nvidia and AMD GPUs, expanding their capacity, while Microsoft amplifies the cycle through equity stakes and Azure integrations. Hype-fueled stock surges enable warrant exercises or stake sales, recycling profits back into further financing rounds. This internal churn sustains $20 trillion market caps and reported growth, like Nvidia's $300-500 billion projections and $64 billion cash flow, but hinges on perpetual inflows amid low data center utilization (60-90%) and ongoing losses ($10 billion annually for OpenAI)

This is a more fragile system than dot-com and the housing bubble combined. A single disruption could evaporate trillions in value.

the actual utility from AI is minimal. "agentic AI", "vibe coding" are losers and cause more problems than they solve.

AI is just a summarization machine that also makes it easy to pump out horrifcally tasteless videos for the masses


From one of many impacted in previous Target layoff / RIF

As many of you wait to hear your fate tomorrow this message actually goes to everyone. I was impacted by a previous layoff at Target.

If you do get bad news tomorrow, just know that you will survive this, and it will be but a blip on your life radar.

My ask to each of you, regardless of whether you’re still employed, is that you should never assume the company you work for is your friend or has any loyalty towards you. All companies are concerned about their bottom line and bottom line. Any of them would fire whomever they need to if they think it will make them a dollar more.

Employees are simply “headcounts”/numbers.

You are paid on payday for the period of time worked. At that point, each of you agree as to whether there will be another pay period. Either of you can decline and the agreement is over.

Live within your means and do not give your employer power over your well-being.


They certainly achieved one thing

With the way this is being handled, I know I'll be looking to leave whether I'm affected or not and I know so many others who feel the same. I don't know if that was the goal, but if it was, I think they might be surprised at how good it worked when they're faced with a mass exodus after this is done.


Come back, Informant!

We need that person or people who had the very solid info before The Email came out to come back and feed us more.

How is tomorrow going to unfold? This one isn't like the last one (2015). There was no notice ahead of time.

Can someone who knows please tell us if there will continue to be small rounds with a team here and there or if there'll be another big bang in January or February?


Remote Workers Speculation

my manager told me he expects remote workers outside LA NY to be hit very hard this week as they plan to phase them out anyway .. if their job was needed - would rehire
this is me - he told me he doesn't have the list - who knows about that ..
anyone hear anything about this specifically -
they would have had to look specifically at where you lived and where your team was ..


design is our north star

saying 'design is our north star' while utterly gutting OB sends the opposite signal to both our teams & guests... this can work a bit, but eventually this will cost us big time. i do not want to rant about this too much as today is a very difficult day for many but i am just saying that this will sink us even deeper and it will trigger even more layoffs.


Stock Price

It's interesting that the removal of the growth cap hasn't resulted in a significant gain in the stock price, nor has it resulted in Wells Fargo buying up anything. We still seem to be in the continual layoff loop we've been in ever since Charlie came on board. Why aren't we growing now? Surely, there must have been people planning for when the growth cap was lifted.