Stankey said he expected 15,000 fewer people to be working here by the end of the year. If that turns out to be 20 or 25,000, they would probably be happy with it. Layoffs of this size aren’t about getting rid of good or bad people, they are just about getting rid of people. The culture cr-p is a sideshow to try distract from the fact that this is mainly a layoff/cost cutting exercise.
A couple of people on my team are not relocating and will leave. However, I think most of those on my team who survive this are likely to stay at least in the near term.
I have been through this stuff elsewhere and have started applying out but it is not easy. Finding a job right is even worse than before. I’ve had a couple of interviews but even when they appear to go well (hiring mgr saying they want to put you in touch with their colleagues and the like) there is a good chance you will be ghosted. A lot of people don’t want to deal with this on top of their regular job.
However, in my experience the best thing to do even if you appear safe is to start the process so you don’t get caught flat-footed when they come for your head.
For me this whole thing is frustrating and depressing because while I have only been here for a few years, I generally had a good experience and it’s not easy to find places with 401k matches/PTO and other benefits that match T (try working at startups or smaller companies and you will see). I think that and the mess that is the current job market is why more people than you think will stick around if they are allowed to, even “good” people with options.