Thread regarding Coupa Software layoffs

Looks like things have stabilized at Coupa, no?

Stop spreading rumors. Go talk to your function's leaders for a change.

Yes, it is a witch hunt. What did you expect? If Orlando wants to make a profit on the flip in 1-2 years, there are WAY more costs to be cut. You have already seen the first few phases play out, of course you cannot trust these "people" and of course they are lying.

Here is how the rest of this will play out:

1. Continued outsourcing, it will spread to roles you don't typically see outsourced.
2. The roles that have not yet been outsourced (and possibly not hired within the last year) will be forced to take some type of wage adjustment. The reasons they use could be location based, "market adjustment", title reduction, the possibilities are endless.
3. Those that resigned because they did not want to take the wage adjustment will see their prior roles offered up at lower salaries to those in different lower-cost-of-living markets -- possibly even outsourced as well.
4. This will happen before the end of Q2 or timed closely after quarter end.

They're planning to start slashing salaries