CEO just emailed saying that just over 250 employees get getting laid off / rightsized
3 replies (most recent on top)
So there was an April Layoff as well? And they're targeting high-tenure folks?
180 exits (7.5%) in December implies 2,400 employees pre-layoff.
250 exits (12%) in June implies 2,083 employees pre-layoff.
So along the line there were an additional 137 exits (6%).
1,833 employees left. Down 24% from peak.
Yeah....I was laid off there sporadically in April. Talked to some people who were laid off and it seemed like it was all the tenure people, sucks though.