Meta laying off 13% of its staff https://www.cnbc.com/2022/11/09/meta-to-lay-off-more-than-11000-thousand-employees.html
Twitter laid off 50%.
Some other companies had non-minor layoffs.
Cisco hasn't had any layoff for some time. Above companies are in a different market segment. I hope that saves us.
My team has been so strapped for people the past few months because of “no headcount available”. So I don’t think we have any space to cut. 😆
May it be possible that your whole team will let go?
It's lively on their board: https://www.thelayoff.com/facebook
I briefly checked out Twitter's and Facebook's thelayoff boards. There is so much hate and schadenfreude from people who don't work for these companies.
We never had here anything like this. I would love to believe that this is because the world loves us. The truth is Cisco becoming more and more irrelevant. Nobody would notice us going out of business.
It's lively on their board:
https://www.thelayoff.com/facebook
or
/facebook
My team has been so strapped for people the past few months because of “no headcount available”. So I don’t think we have any space to cut. 😆
https://about.fb.com/news/2022/11/mark-zuckerberg-layoff-message-to-employees/
if you worked 10 years in Meta/Facebook and was let go you will get 36 weeks of pay; Wow!
All these were hiring like crazy last few years, that is why they are laying people off now...