10Lun·

Not only with Unity ($U (+0,39 %) ) is currently seeing redundancies.


Blackrock ($BLK ) is planning, 3% of its employees. Google ($GOOGL (-1,01 %) ) is planning a restructuring of its marketing department, which could potentially 20% of employees. Frontdesk has reduced its entire staff in a 2-minute Google Meet call. (💀Eyo chill dude)

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If all the staff have been laid off, who is working? 🤔
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I always find such dismissal reports interesting. But what you never find out is how many were hired beforehand. If Google has hired 10,000 employees in the last 5 years and is now laying off 2,000, then the information "is laying off 20% of its employees" is of no use to me. But negative news sells better, of course 😂
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Restructuring and job cuts are always felt. Since I started investing (2013), there have been constant job cuts here and there.

That's just part of it, but of course the media always like to pick up on it (everything will be bad from now on, the crisis is coming 😂)
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Frontdesk is laying off the entire staff? Where are you getting this information from? Source?
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You rarely hear about adjustments. But they don't come so suddenly either.
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