Very happy to see that Sofia office was not affected much by the layoffs. My concern is that there is so many teams not generating any revenue and hiding under VC revenue bracket, not sure how sustainable this would be. Most of the teams has so many staff 1/2 and senior managers and there is not much work, could that affect job security? Also does anyone knows if the hiring will start any time soon?
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You call "not affected" reducing the workforce from 2000 to 1200? Have in mind Sofia office was always R&D centric, that's why the core looks not so affected. If the "atmosphere" in the office is still OK, people continue their daily collab, and the leavers get emathy this is because part of the good culture showed resillience, even in these circumstances. Don't underestimate the role of staffs and managers in this. Oherwise the PA office is more silent these days.
Yawn..don’t have high hopes. BC will layoff left and right every Qtr till they reduce vmw head count to 7k. Don’t have much hopes on BC. They love only their stock price and not employees. BC also love offshore cheap labor contractors for all the work. Forget about Friday beer bash, free t-shirts, hoodies BUs used to spend money on.
You actually know the number of laid off currently and a target number to come up with 10k 🤔
Post from TheLayoff.com
Based on what ? Some imaginary number the layoff MBA experts came up with ?
Still need to drop 10k employees. Never get comfortable.