After Q1 layoffs, another round has hit again in Q2.
# It appears approx 100 full time employees have been impacted this time.
#The number of contract employees impacted is not communicated and afraid that could be much bigger number.
# many of the technology operations are now outsourced to an offshore vendor under the pretence of "efficiency and simplification".
#Layoffs are becoming more like a monthly ritual now. Management has no clue what they are doing.
#Shutterfly is buying individual operating companies (different brands like lifetouch, Snapfish, spoonflower ) and merging them with shuttefly. After an year the management comes out saying they are not getting the growth they expect ??!!!
Atleast those companies would have been better if they had been left alone 🤔