It was mentioned before but I'll say it again. These layoffs have been ongoing for several months and they are much larger than most think. The latest round got media attention for some reason but it's far from the only (or even largest) round. Plenty of offers are also being rescinded, or so I've heard. This will be a regular occurrence until September. Things may calm down after the restructuring is completed, but we'll have to wait and see.
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