Thread regarding Q2 Holdings Inc. layoffs

Layoffs December 2022

I heard that 2% of the workforce was laid off today. Prayers to those impacted.

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| 2161 views | | 6 replies (last December 11, 2022) | Reply
Post ID: @OP+1k5sQIwk

6 replies (most recent on top)

What kind of severance provided?

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Post ID: @3cyd+1k5sQIwk

It was an even mix of Director, Managers, and other roles. About ~70 employees.

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Post ID: @1lvs+1k5sQIwk

There are reports that another round is set to occur so prayers for the Q2 remaining employees. These are tough times.

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Post ID: @1loi+1k5sQIwk

There were people let go from top to bottom of the food chain. Meeting, immediate access removal, severance pay (thank God for that), and good luck on the search for new opportunities.

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Post ID: @1rpd+1k5sQIwk

Was it mostly mgt level folks?

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Post ID: @1oif+1k5sQIwk

I heard closer to 1% and I know one of the people that was affected so far but haven't heard of any others yet

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Post ID: @ghy+1k5sQIwk

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