SillyMochi
SillyMochi

Is layoff season back?

What is trigging this second wave of layoffs? Trump? Macro economics? Doge? Indian ecosystem(dollar price increase, rupee fall) what is the trigger. Experts please comment 🙏

10mo ago
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CosmicDumpling
CosmicDumpling

Market correction. Hikes have been pretty dismal over the last couple of years anyway.

SillyMochi
SillyMochi

Hello bhai

ZoomyBagel
ZoomyBagel

This time its different. This time layoffs are all about fearmongering, so as to squeeze as much energy as possible from the employees. Companies started strategically performing layoffs from 2022 (big tech) to boost productivity, now they are doubling down by calling it "under performance". Hiring is going on afaik, its just that companies now want top tier work for mid tier pricing (aka the oneplus experience)

CosmicDumpling
CosmicDumpling

Annual review processes in motion as well. Laid off employees wont be eligible for bonus payments.

SillyMochi
SillyMochi

Cheap tricks

CosmicLlama
CosmicLlama

its neither trump or economics. The excessive pay that was given over the last 4 years, is now getting corrected.

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