As everyone else said, the beatings will continue until the morale improves.
We are lost.
Private Equity is bleeding us dry.
The execs are clueless and interested in grift only.
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Considering the CEO is all about AI, I doubt this is the last of the layoffs in the U.S. or internationally.
@OP no, unfortunately. 4th quarter and cost cutting will likely continue thru thanksgiving and the holiday season. Then again mid 1st quarter … continued low consumer confidence coupled with erratic tariffs and fiscal policies will nurture inflation and unemployment, and high risk uncertain markets. Hiring in 2026 will be offsets by heavier job losses and cost cutting. US layoffs will continue more so in fields being replaced / supplemented by AI.
I doubt it. Maybe for the year, but there will be massive cuts next year.