So it's confirmed there will be more layoffs this week. Sadly at the lower level instead of the bloated executive level. The question is will the be the last round before the inevitable selling of the company or will their be another round?
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It’s certainly going to happen again. And now they’re taking names —___—
All the above is true. 4%, @120ish people across all levels, including leadership (not executive leadership). Very sudden and abrupt. Wish I had seen this forum when it was posted. Perhaps we could have been a bit prepared.
Think it's bad now, just wait until next quarters numbers come out. They haven't been able to run the company properly for literally years now, so how in the he-l are they going to right the ship now? Answer: they cannot, and with both the layoffs and voluntary brain drain they are in the dreaded death spiral.
I'm sorry for all that have lost their jobs in the past two rounds, but holy he-l...come June 30th it'll be a total disaster! Start looking for new jobs NOW! I know that the job market su-ks, but don't wait.
Unfortunately leadership is #@$#@#. Tried turning it into a Cisco remake. Fail. “we need to go younger" fail. Hint :it's not the employees. It's leadership.
Yup, I worked there and was laid off this morning. Good times!
Oh its real. My friend just got laid off this morning.
It just happened. They will have to make a press release after hours Today is my guess. These sources are coming from people inside the building and by those who were laid off. There was leadership roles included, not just low level people
Can confirm our team was impacted this morning. Sad to see hard working people go.
I'm so glad y'all wanted cheap eggs.
120 people were let go
It will NOT be the last round, sadly.
Brother (senior director level) was laid off with two of his direct reports today. Definitely true.
Yes it is true Five9 layoffs today Thursday April 3rd 2025. Not sure about the numbers or the percentage!
another 20% off my team is gone including the supervisor, she was brilliant...I just talked to them on Tuesday this is wild. Given 4 months and their PTO.
Also heard from one of my contacts there, they started laying people off this morning with no warning.
Yes it is try Five9 layoffs today Thursday April 3rd 2025.
4 percent of employees impacted
Layoffs started Thursday morning - confirmed by internal resource who got laid off today
It's true big round of layoffs thursday
Sounds like your spreading fud. Why comment such vague info? Your also playing with peoples minds who work at the firm.
Where has it been confirmed? I have no seen or heard anything internally or externally confirming this.