Hundreds of folks across the board were already notified of the layoff. More to come tomorrow. Provide updates and job position below if you were laid off.
Wtf, didnt they layoff and rehire people?? Now laying off again?
Yeah they layoff to impress investors and they again hire to impress investors again
Meanwhile Mark Benioff was ready to offer anyone at OpenAI jobs at $800k a pop.
What roles ?
Across the board. Engineering, sales, product, etc.
Can someone share their severance package? Please include country as well
700 ftes*.5m average annual cost=350m recurring saved, probably at cost of a one time 200m severance. It's peanuts compared to what they could do or that the street would respond to, seems like big tech is primarily trying to send a message to their workforce, especially as AI drives and potentially replaces employee productivity. Not trying to be insensitive to those impacted, just trying to dissect these non-mass, yet very public layoffs across the industry this month.
Total 700 correct ?
How is the data cloud doing?
Services was impacted
Hopefully snarkcloud gets axed for spreading misinformation