A RIF occurred today. It was not as large as back in Q3 2023 and the department I am in only lost a few people. This news was not out of the blue as the stock has been rapidly declining and there is an upcoming earnings call. The biggest news is the organizational shakeup with now just one division and 2 senior executives leaving.
Unfortunately it seems the new culture is just monitoring the share price and expect a large layoff anytime there is an earnings call.