As for how the layoffs will go, they confirmed today that US/UK/Brazil/APAC are all completed. The EMEA layoffs will be redundancies and managers should APPARENTLY have been informed already. They would be the person to ask if you really need... — read more
Typical process. Hoping for an exit between $50 and $60.
Not much new information from all hands except bonuses and compensation review cycles to go on as per normal. Odd that they went straight to headcount reductions without sufficiently considering other cost savings. Leadership is not taking pay cuts... — read more
Criteo laid off and will continue to do so over a few rounds (US, UK, Brazil and APAC went out on 15 Feb other countries pending). Currently aiming for 8% reduction but could be more. Sell off rumours are real as leadership has been unusually... — read more
We have to be lean for the potential buyer, I guess.
I know it's supposed to take place over the next few weeks, but is there any chance that's referring to employees who are on vacation or for any other reason unavailable at this moment? I'll be honest, I don't think my mental health can take several... — read more
C-suite reported to team approx 8% headcount reduction over the next weeks. US/UK/Brazil/APAC already happen, EMEA to follow due to local law.
Extent of total layoffs is unknown but it is at least in triple digits.