On Thursday, 10/30 a large number of IT employees have been affected by RIFs effective 12/31. There is no public acknowledgement of these activities. This was somewhat expected due to the ongoing expansion of Amgen India in Hyderabad, a decision made roughly a year ago for obvious financial reasons.
Impacted employees are offered severance packages that should help in the interim.
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many receiving RIFs to support the ‘tech hub’ hiring spree