Thread regarding Yelp Inc. layoffs

Yelp / 2016 Job Cuts Due to Technology Shift (Customer Switching to Cloud, Legacy Skills Demand Drop)

2016 Layoffs Predictions - Global Equities Research, Trip Chowdhry

  • Yelp: Global Employee Count 3,671: Layoffs: ~30% layoffs = ~1,000 workers to be laid off

  • EMC: Global Employee Count: 70,000: Layoffs: ~ 15% to 20% layoffs = ~10,000 and 14,000 workers to be laid off

  • F5 Networks: Global Employee Count: 4,500: Layoffs: ~10% layoffs = ~450 workers to be laid off

  • HP Enterprise: Global Employee Count 240,000: Layoffs: ~ 30% layoffs = ~72,000 workers to be laid off

  • HP Inc: Global Employee Count 287,000: Layoffs: ~ 30% layoffs = ~86,000 workers to be laid off

  • IBM: Global Employee Count 379,000: Layoffs: ~25% layoffs = ~95,000 workers to be laid off

  • Juniper: Global Employee Count 8,800: Layoffs: ~15% layoffs = ~1,300 workers to be laid off

  • Microsoft: Global Employee Count 118,000: Layoffs: ~15% layoffs = ~18,000 workers to be laid off

  • Network Appliance: Global Employee Count: Layoffs: 12,800: ~15% layoffs= ~1,800 workers to be laid off

  • Oracle: Global Employee Count 132,000: Layoffs: ~20% layoffs = ~26,000 workers to be laid off

  • Symantec: Global Employee Count: 19,000: Layoffs: ~15% layoffs = ~2,800 workers to be laid off

  • Yahoo!: Global Employee Count 12,500: Layoffs: ~30% layoffs = ~3,500 workers to be laid off

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You can feel the mood here in the Bay Area changing already

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