Since November, there have been persistent rumors of a significant layoff, with Boston CG frequently mentioned as being involved. Nothing ultimately came of it following our November earnings call, but the rumors resurfaced later, with speculation that decisions were finalized by mid-January. This week, our CEO shared a company-wide video stressing that the next 90 days are critical, which would carry us through the end of tax season. Beyond that, the outlook is unclear.
Morale among the ICs and M2/3s I’ve spoken with is low, even outside of MTV HQ. There’s constant pressure to move faster while priorities shift rapidly, and leadership has increasingly been framing Human Intelligence HI as if it were a newly discovered idea and the act of thinking.