r/Layoffs

94% will keep spending on AI even when it fails
▲ 37 r/Layoffs

94% will keep spending on AI even when it fails

This really hits home with everything that is going on, essentially breaking down that they're not even gambling but just yolo'ing on returns that have not come over the last 3 years....but continue to lay off people regardless....oh and these decisions are made by people are acknowledge they know nothing about the area they are laying people off for.

readuncut.com
u/No-Pass-8317 — 11 hours ago
▲ 45 r/Layoffs

My friend got hired just 5 months ago, and now he's been laid off

I have a friend who works with me at a big company (FANG style, for the post lets not expose the company name), he got accepted to the the company about 4 months ago, the company is earning a lot (and i mean a lot of money) and the management made sure to tell us that as well.

Today the company called for a massive payoff, me and my friend are both working in a different teams.
While i was not affected his team just got deleted in a single day.
Makes me wonder, why would such big companies hire people just fire them shortly after, its very weird, its not like they lake money or something like this.

The frustrating thing is that my friend is not full time employ but a contractor, contractors in our site were not affected but because he is the only contractor on his team and the department is been shut off he is being laid off as well.

Because he is a contractor he will not get any of the full time employ layoff benefits, I feel kind of bad because i got him this work , i recommended him to my contractor company and he got the interview and the job, now they are firing him.

Well, I guess that at the end of the day the average worker is just another number

reddit.com
u/Medical_Distance6635 — 12 hours ago

What did you do immediately after getting laid off?

Recently got laid off from my Product Manager role.
First few days honestly felt unreal. Suddenly no meetings, no Slack messages, no routine.
Now I’m trying to figure out:
how to stay mentally okay,
how aggressive to be with job applications,
and whether this is actually a sign to try something different.
Curious for people who went through layoffs before:
What helped you the most in the first 30 days?

reddit.com
u/Weary_Concentrate251 — 11 hours ago

Been in line for a login issue for 3 hours lol I think I got fired and I am waiting in line to find out.

I joked about getting fired on the call the first support tech, he laughed and said I wouldn't be notified like this and then he was told to transfer me to HR lol

UPDATE you can't even make this shit up, the "separation team's system" broke and I can't even open the severance docusign from the email, it is vibe coded isn't it? oh the irony

UPDATE2 I literally have a parting support ticket with HR lol I think I'll save this email

reddit.com
u/KyoueiShinkirou — 8 hours ago
▲ 11 r/Layoffs

Need words of encouragement

Almost 2 years to the date, I got laid off again. The first time was after working for a Fortune 50 company for 20 years. It took 5 months and burning through a ton of savings to find a job, and now it’s happened again.

I know there are so many others in the layoff boat. I’m desperate to know how everyone is surviving and, more importantly, navigating the mental health piece. I feel like I’m using every ounce of energy trying to maintain a facade of positivity and strength for my family, but in reality it feels like I’m going to break at any minute. How are you all navigating these waters?

reddit.com
u/Critical_Fix7240 — 10 hours ago

Will acquisition lead to a layoff?

I gave up a very good and stable job in October for a job 1000 miles away. The job gave me more money and more seniority, etc. On the day I started my manager informed me that that was their last day. At That point there wasn’t much I could do because I started using the relocation money to get my relocation going. I’ve had no boss since then. Then they told us two weeks ago that they are joining with a larger company who’s buying them. They’re trying to assure us that things may not change, but given I head up the customer service department and a small accounting team, I believe both teams are destined to be fired. The deal has to be approved by regulators and they’re saying that may take six months or so. I relocated my family 1000 miles and I can’t quit and find a new job because I would have to pay back the $25,000 in relocation. If I keep working until October of this year I only have to pay half of the $25,000. But I think around Q2 of next year that’s when the deal is gonna go through and I think they’ll start letting people go right away .Does anyone have any advice? I can’t take out a $25,000 loan to pay the money back and I fear they would sue me if I dont pay it back. But if I wait until six months from now, I really feel they’re gonna let my teams go because the company that bought us won’t need us. Any advice is appreciated as I’m the only breadwinner in my house and we just bought a house and I’m extremely concerned. And to add icing to the cake, I found out today that they hired who will be my new boss. I’m surprised they hired him given that we just bought by another company. I don’t even understand the strategy behind that.

reddit.com
u/Milspec22 — 11 hours ago
▲ 106 r/Layoffs

Standard Chartered CEO just fired 7,000+ workers and called them “low-value human capital” Honestly… this made my blood boil. Layoffs are one thing. But hearing their CEO publicly describe human jobs like disposable assets feels dark as hell. Anyone inside banking seeing this shift already?

reddit.com
u/Professional_Mud_535 — 21 hours ago
▲ 169 r/Layoffs

Why don’t we boycott companies doing mass layoffs

We should not reward this behavior with our continued business, delete Facebook Instagram

reddit.com
u/chuckecheese1993 — 1 day ago
▲ 419 r/Layoffs

Woohoo 2 weeks from going on maternity leave, got laid off by Meta today

I knew layoffs were a thing but for some naive reason I thought being a person of color, a woman, and being pregnant was going to offer me a little bit of protection at such a scrutinized tech company.

Without telling me to hire a lawyer does anyone know if I can collect full bi-weekly paychecks until my full termination date of July 22 AND collect maternity benefits starting June 1?

Would love to hear how others have navigated layoffs and mat/pat leave simultaneously!

Edit: because so many people are fixated with my comment on why I thought i was protected - Just want to say please move on with your life, i just got laid off and seeking answers to the more important question of how to best navigate this journey two weeks from going on maternity leave. Thanks!

reddit.com
u/blue_sand379 — 1 day ago
▲ 28 r/Layoffs

Did All Tech CEOs Agree On This Same AI Example?

If I hear Jensen, Bezos, or any other billionaire cite this example of AI creating more radiology jobs one more time, I’m gonna lose my shit. For those who don’t listen to pods or interviews, just about every tech CEO cites this narrow example as proof AI productivity gains will create more jobs rather than lead to layoffs. Of course the radiologist example is the exception, not the rule. And somehow the interviewers never think to ask any of the million obvious follow up questions.

They’re pointing to an industry where the AI productivity gains are entirely soaked up by excessive demand. This demand will certainly continue to grow as the boomer generation ages. So yes, in the niche cases where there’s unlimited demand and not enough time in the day for a shortage of workers trying to meet that excessive demand, AI productivity increases can create jobs.

But most industries have much more limited demand. And many companies are limited by this demand, whether it’s customer demand for products, or client demand for services. Thus, AI productivity gains for those businesses lead directly to layoffs over time as fewer people are needed to meet demand. I CBA walking through the never ending number of examples to prove this point.

TL;DR these tech CEOs are citing niche examples that benefit the AI narratives that benefit their own businesses, and it drives me nuts. Layoffs inc.

reddit.com
u/Firm_Celebration3221 — 20 hours ago
▲ 20 r/Layoffs

I was laid off last Friday during my Weekly Manager's Sync.

​Hey everyone, I need some perspective on a situation that just went down with my employer. I work the night shift, and my manager is based in a different timezone.

​On Thursday, my manager asked to move our usual sync to an earlier time, claiming he was busy during our regular slot. This felt off to me because the new time was not during his normal office hours. My gut intuition told me he might be trying to loop in HR, since the rescheduled time aligned perfectly with the general day shift in my country.

​Because I work nights and would normally be sleeping, I negotiated the meeting to a time slightly earlier than our usual sync. I checked the calendar invite, and no one else was listed on it.

​The moment I joined the call (which was early morning for him), two HR representatives sneaked onto the line. My manager didn't even hesitate, he just flat out said, "We're letting you go," and immediately dropped off the call, leaving me alone with HR.

​HR then informed me that they were handling this as a "resignation" with one month of Garden Leave. Under intense pressure, I was forced to draft and submit my resignation right there on the call.

​I feel completely blindsided and ambushed. Has anyone dealt with something like this before? Is it legal for them to force a resignation instead of laying me off? Any advice on what I should do next regarding my garden leave and final paperwork would be greatly appreciated.

reddit.com
u/Party-Conference-765 — 20 hours ago
▲ 626 r/Layoffs

Welp I’m laid off

Just got laid off today. No longer just lurking on this sub. It’s been a good run in tech. I don’t think I can run the gauntlet of tech interviews these days, so I’m going to have to pivot to my third and lower-paid career.

Self employment??? (I understand that’s not easier…)

Good luck to all you fellow humans on the job search! May you have friends that give you strength.

reddit.com
u/giftcardgirl — 1 day ago
▲ 306 r/Layoffs

Standard Chartered CEO just fired 7,000+ workers and called them “low-value human capital”

Honestly… this made my blood boil. Layoffs are one thing. But hearing their CEO publicly describe human jobs like disposable assets feels dark as hell. Anyone inside banking seeing this shift already?

reddit.com
u/Complete_Bill4404 — 1 day ago
▲ 42 r/Layoffs

Laid off twice in 6 months

I got made redundant six months ago by a company I was at for 11 years... It was a board decision to remove my whole department, fine. After 11 years of pushing myself to burnout and back, giving my all to this company, I was out on my ass with bare minimum notice period 'because they were struggling financially'.

Unsurprisingly, this was a huge blow to my self esteem. I did the whole 'What did I do wrong?' 'What could I have done more of?' self blaming depressed cycle, finally came out of it to jobhunt and get rejection after rejection after rejection.

Then, I finally got an offer after hundreds of no responses and rejections! Woohoo, even got a small raise out of it. Threw myself into the work, onboarded and started delivering in record time - just to now receive word that this whole department is being laid off. Again.

Back into the job hunting, soul sucking vaccum I go. Still kind of in disbelief. How are people supposed to support their families, mortgages, or even just have a life at this rate? Is it bad luck or is the economy completely beyond saving now?

reddit.com
u/ChiChi_0902 — 1 day ago

Can I be picky?

I was laid off recently from my HR role and i really thought by now I would be in a new role, but seeing every company is going through a lay off is making me less hopeful.

I recently interviewed at a place that is paying me the same as my previous job but wants me in 5 days a week vs 3 days, which means generally more money in commuting and extras. I want to withdrawal myself, but am I crazy for wanting to be more picky on my next role if my unemployment and support system is getting me by financially?

This time has made me realize how much I want a remote or hybrid role since I’ve bee severely burnt out and my health has taken a plummet.

My finance is supportive financially but I know he’s eager for me to get a role no later than September. He’s fully remote but has his own office and I give him his space so the both of us being home isn’t an issue.

reddit.com
u/Long_Big_6707 — 1 day ago
▲ 294 r/Layoffs

Meta laid off 8000 employees today worldwide. What's the reaction of the tech workers here? And which company will the most of the laid off workers join as per your assumption?

reddit.com
u/raydebapratim1 — 1 day ago
▲ 107 r/Layoffs

So many big tech layoff this week

I just saw this on my X (former Twitter) feed + Meta is laying off 10% of its workforce. Really curious to know what’s happening on the market. It can’t be just purely AI…
I don’t work for any of these org

u/EmergencyDemand3959 — 1 day ago