Thread regarding United States Layoffs layoffs

Altruist lays off 10% of its staff, despite 300% revenue jump

The Culver City, Calif., RIA custodian, which started the year with 460 people to start the year, and parted ways with 37 people – a shock to many staff, both because it was abrupt and delivered in a manner that one staffer said “lacked empathy".

https://riabiz.com/a/2025/1/7/altruist-lays-off-10-of-its-staff-despite-300-revenue-jump-to-get-best-possible-people-as-aggressive-hiring-continues-says-ceo

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