https://www.wral.com/business/technology/sas-cuts-300-jobs-across-the-company-june-2026/
Was this another round, or the last round?
25 replies (most recent on top)
“ SAS could lay off all the developers who don’t understand asymptotic complexity.
That would eliminate dead weight”
What is asymptotic complexity? Also, Can haz layoff?
“I'm surprised that anyone ever found it funny at any time.” — Art Department Employee
"no one thinks this is funny any more jfc"
I'm surprised that anyone ever found it funny at any time.
SAS could lay off all the developers who don’t understand asymptotic complexity.
That would eliminate dead weight.
@ct no one thinks this is funny any more jfc
@w3 I’d like to believe that SAS is laying off dead weight.
But they’ve never done that before.
Also, I know some of those laid off, and some of those retained, and it’s not happening now.
@te Yes when you get profitability moving in the right direction (by laying off dead weight) the first thing you should do is go hire more…
Like it or not there is dead weight.
Like it or not the easiest way to increase net margins is cutting dead weight.
It will continue and it is the right call. Be thanking it is small doses.
A couple of hundred jobs posted on SAS.com, so it doesn't appear that the goal is to shrink the business or save money.
Profitability was up
Let hiring commence!
Damn strong Koolaid!
@qm awesome except that isn’t the case at the moment. But kudos for basic economics.
Anyone seeing revenues declining against expenses expects declining earnings.
That simple arithmetic is why SAS is laying off.
@ne decline in revenue and earningsn(net income)??? Try again. Here comes the inflation professors again.
The message would be clear. Easiest way to increase ebidta margins is to cut expenses. We need to increase those margins to command the sales desired multiple.
And there is a lot of dead weight so…
I am sure at the highest levels they would provide some kind of convoluted reason for the current round of layoffs and future cuts
Uh, to reduce expenses in expectation of declining revenue and earnings?
Truly convoluted.
To me, a formal acknowledgement makes sense. Everyone knows the cuts are taking place, everyone can read about them in the press (which has been briefed by a 'SAS spokesperson').
I realize that most companies do not do this, but in my view most companies get it wrong.
To provide an update internally would create greater clarity, allow SAS to manage the message, give managers a platform for discussions with their team members, and generally be the right thing to do (from a business as well as people management perspective).
@h8 The entitlement is deafening
@h8 You honestly expect some deep formal acknowledgement? Why on earth would they do that unless the message was “you are safe there will be no more”? If that isn’t the message what exactly do you expect them so say?
You think other companies do it differently?
They acknowledged the peoples accomplishments with monthly paychecks for years. You think they need a parade?
I am sure at the highest levels they would provide some kind of convoluted reason for the current round of layoffs and future cuts. IPO anyone? What bothers me most is no formal acknowledgment of the cuts and the efforts of the people let go. The silence is deafening.
Was Doc Dev impacted? Any numbers, roles if so?
What impact did this have on the Art Department?
Yesterday I heard of people I know being let go in HR and marketing. Don't know if any other areas were affected.
@aj what group had layoffs today?
I Cannes see what u did there.
There were hundreds of layoffs last week, many of those employees were in regional offices that were closed. There was another layoff today (25 June) which included people from HQ. I don't know how many. That probably won't be announced either.
The beatings will continue until morale improves ... or until mandatory RTO, whichever comes first.
I believe this in reference to this post https://www.thelayoff.com/t/1kv8ez77t