MagicalBoba
MagicalBoba

Hearing a lot of Layoffs lately

So many companies are doing layoffs. It's becoming so common that now a days people have even got used to it. Folks in or know about US/UK/Canada, how's the situation over there? Is this shit show becoming common there too?

19mo ago
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FluffyNugget
FluffyNugget
Plivo19mo

It’s probably becoming more common than before as there are websites which literally track this. Layoffs.fyi

SwirlyBoba
SwirlyBoba

The money supply has gone down (because interest rates are high in America). Any business who was paying salary by raising money from investors can only pay as much, as there money supply is stopped.

GigglyBiscuit
GigglyBiscuit

Ya I was remotely working with a US startup and got laid off last week. There was no clue about layoffs before it all happened in 3 hrs.
I feel the situation is the worst in both India and Us.

JumpyHamster
JumpyHamster

The sad part is Fed is Going to pump money within a year but this time companies won't hire people. They will hire AI agents or AI tools or ai assisted agencies as temporary resources

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Layoffs
by QuirkyNuggetPWC

Layoffs everywhere?

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly h...

Layoffs
by JazzyDumplingSoftware Developer

Job Market right now in India?

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way?

If it's really bad, which department you think is the most affecte...

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user

It is really bad right now 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big ...

user

I received one job offer