
Mega Thread- All tech layoffs so far
Layoffs:
Global
- Stripe 14%
- Opendoor 18%
- Twitter 50%
- Delivery hero
- Chime 12%
India
- Udaan (tranches)
- Chargebee 10%
- Byjus 5%
Hiring freeze:
- Apple
- Amazon
It was probably due to insufficient work for employees to give 70+ hours a week (jk)
But silent layoffs happened across the board.
if NRN and his son were regular employees, for the shit talk they do, they be practically yelled at everyday. They are rich so we have to put up with their BS.
Yup My friend was affected
Crazy
Layoffs:
Global
India
Hiring freeze:
The world economy as we know is stabilizing but its just the US economy that is stabilizing there is a real cash crunch happening at most startups and its effect have started from the last week
One of the companies in which my friend ...
It's more of a market rationalization which is common after every bull run. What we are seeing now is just exactly ho...
We will all know when a real bloodbath happens. Right now it's just simple market correction
Also, please reach out to this guy if your org is hiring for Java/Spring Boot Developer
Read news here: https://yourstory.com/2024/11/freshworks-cuts-13-of-its-workforce-impacting-660-employees
Aaand they are up 5.2% today Investors reacting favourably We're all adults here but capitalism is funny
For some context- AI has emerged to be one of the biggest threat to SaaS. Excerpts from the death of saas (https://a...