After several "re-orgs" that included recently terminating multiple highly successful individuals in Sales (something most companies would never do), the word is that there is yet another round of layoffs coming in the next 45 days ahead of the New Year...take cover!!!
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Turns out you were wrong.
I've heard of 3 people so far today in San Diego (Engineering).
Won't the layoffs be more extensive in 2018 since with the new unlimited vacation policy, there won't have to be any payouts.
I listened to the earnings call last Thursday, at around minute 35, there was a question about the $20 million for the layoffs - And the answer was, that $10 million was for the layoffs in Q3, and the other $10 million for Layoffs in Q4 or early 2018 - So it looks like in Q4 about the same number of people are cut as in Q3
Ah, and the layoffs are not to be called layoffs.