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What a sh... show the Q4/FY townhall

No good news anywhere, messages do not bring any clarity nor calm and employees continue to be pushed and punished... Past and current changes and transformations are not working, we continue to move as a low-cost (cheap) company and these are the results we'll maintain (low cost/cheap). I really think this company deserves more than this


CS Disco Inc. announced layoffs impacting 62 employees

Austin-based RapidDeploy raised $34 million in new growth capital. Edison Partners led the investment, bringing total funding to $87 million. RapidDeploy develops mapping software for 911 and emergency agencies. The company has secured 10 statewide contracts and serves 1,500 911 centers. Separately, legal tech firm CS Disco Inc. announced layoffs impacting 62 employees.

https://www.bizjournals.com/austin/inno/newsletter/30371778?skip=720


Stoneridge CFO Matt Horvath Steps Down

Stoneridge, Inc. announced Chief Financial Officer Matt Horvath's resignation. His last day will be March 31, 2026. Horvath will pursue an opportunity in another industry. Robert Hartman, Chief Accounting Officer, will assist with the transition. Stoneridge has initiated a search for a permanent CFO.

More info here: https://finance.yahoo.com/news/stoneridge-announces-chief-financial-officer-222000262.html


Meta Reduces Reality Labs Staff, Prioritizes Wearables Development

https://www.storyboard18.com/brand-marketing/meta-cuts-1500-jobs-as-cfo-susan-li-signals-reality-labs-pivot-towards-wearables-88694.htm

Meta announced 1,500 job cuts, primarily within its Reality Labs division. The company is reassessing its long-term virtual reality and metaverse investments. CFO Susan Li stated Reality Labs spending will now focus more on wearables. This shift includes shutting down VR gaming studios and cancelling content initiatives. Wearables, especially smart glasses, have shown stronger market demand for Meta.


Houston Meeting Update

a bunch of us just arrived in Houston-All the talk is about how much trouble the company is in & how much are workloads have increased since the company laid off 250 employees-all the talk is about the $45m deficit & the lawsuit & the upheaval in leadership-In 18 months: greed, severin, festog, donaldson, goldstein, roehrich, loughery, gutteraireez, golatt, conway, are all gone-field sales leadership suxx-We are all very skeptical-Company is still hiding things from us. Client losses keep mounting-Company cant revenue-Many are looking to jump ship right after bonus time. May god save our souls. Now time to go to the bars to get sc-hit-faced.


Why layoffs don't work?

Have a read in the link below, what are your thoughts on this article? "If overhiring or underperformance was the true problem, /…/ the companies should question their leaders, who green-lit the overhiring and may have failed to develop productive roles for their employees." https://thehustle.co/originals/why-layoffs-dont-work?_bhlid=21e02204eafb215d6fdabdea39d43e71e0027ce2


Ignore All BOA Layoff Posts On This Forum, UNTIL THEY ARE TRUE

Until layoffs actually happen at your work site or disclosed from credible major news sources, do not believe any posts on this forum about them. As you found out, posters do not provide the affected groups or actual information to make their rumors even close to being true. Actual information should include initials of senior management for the affected groups. Do not use BM as we all know whose initials they belong to. Only valid BOA employees would know the organization affected by referencing the initials. It is ridiculous by the number of bogus posts about layoffs on this forum. This is not a game.


COED what is it?

Saw COED mentioned in a post and have heard it mentioned before but have no idea what it stands for or how the process works. It has to do with approving roles but that is all I know. Meets once a month? Who can shed light on this? What does it stand for? What does it do? Who is in it?


Volkswagen Pauses US Plant Expansion Over Tariff Costs

Volkswagen is pausing plans for a new U.S. manufacturing plant. The company cites financial uncertainty from U.S. trade policies. This includes a debated Audi factory project since 2018. VW experienced a 15% operating profit drop in 2024. Volkswagen also plans to eliminate 35,000 future jobs in Germany.

https://www.slashgear.com/2087524/volkswagen-us-audi-factory-plan-paused/