Layoffs are going to happen every quarter but not all groups will be affected every round. Pl. post what you hear. When’s the next round and which group? Not sure why we are seeing this slow motion train wreck. Desperate measure to increase dividend didn’t stop the spectacular collapse of the stock, which means more layoffs…..
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So no principle/dir/Sr dir/vp in the layoff happened on May 17th? That's not good.
We have so many of them.
This lay off last week even people below senior staff were impacted
I know some engineer ..senior engineers who were laid off.
Two groups of reduction happens right now. First group with Principal and above who volunteered a month ago and will leave end of May. Second group was announced last Wednesday for Senior Staff level of employee who walk out door today. Next group will target Staff level and below in a couples months.
Slow motion train wreck is a psychological pain . Just get it done once for all