Rumor has it that there is a 10th RIF coming early August before company meeting.
It’s been a while right? Supposedly commercial is going to be pretty hit again.
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Multiple rounds of layoffs and people still don't know how WARN works. How?
Warn doesnt have a new entry for Illumina yet. Isn't there a 60 day notice?
this is crazy! every 3 months.
Well marketing was completely decimated the last round. It’s got to be other departments next round. R&D? They have the biggest budget?
@ex heard it would be bigger than the last 2. Going to get ugly.
Anyone have a guess on the size of the RIF? Concerned that it could be the biggest one yet
Is this AMR specific? Not heard anything in EMEA.
All open reqs have been frozen, per email yesterday. I could see that an RIF is in the cards.
@a6 Q2 numbers will be a disaster therefore the RIF. How can they not be a disaster?!! This is not a rumor. Anybody with access to sales dashboards can tell you this.
RIFs have become quarterly so it seems likely
Only three months since the last round of layoffs, yet the stock has climbed 30% since. I believe Q2 results will be the real deciding factor
Where have you heard this?
@OP Is this real? or just a rumor. This is crazy