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13 votes
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UT Austin lays off around sixty staffers to comply with Texas DEI ban
22 votes -
Ericsson will lay off about 1,200 employees in Sweden as the telecommunications company faces slowed demand for its 5G equipment
9 votes -
NASA’s x-ray telescope faces a long goodbye
12 votes -
The Apex [Legends] team was hit with layoffs today
@Aaron: The Apex team was hit with layoffs today. It sucks seeing some of the people I've worked with for almost 3 years now get let go. Hopefully, they land on their feet sooner rather than later.
10 votes -
Rooster Teeth is shutting down after twenty-one years
56 votes -
'I stopped believing in myself': Game developers share the human impact of over a year of mass layoffs
42 votes -
EA cutting 5% of workforce
23 votes -
Sony is laying off 900 PlayStation employees
42 votes -
Our company is doing so well that you’re all fired
54 votes -
Disco Elysium standalone expansion reportedly cancelled and quarter of staff facing redundancy at ZA/UM
37 votes -
'I've never seen it this bad:' Game developers explain the huge layoffs hitting Riot, Epic, and more
45 votes -
US Congressional budget gridlock leads to stunning NASA layoffs
21 votes -
The Messenger shuts down amid journalism industry-wide layoffs
5 votes -
Over 5,000 games industry workers have already lost their jobs in 2024
42 votes -
Layoffs, survivor guilt, and existential dread
The company I work for laid off half of my office this week. I'm one of the survivors, and trying to process what happened. The company has been transparent about revenues. However, we had no idea...
The company I work for laid off half of my office this week. I'm one of the survivors, and trying to process what happened.
The company has been transparent about revenues. However, we had no idea that we would be so badly penalized for management choices that created significant operating cost overruns in the face of a projected short-term demand decline. I've lost half the members of my immediate team, good friends, people whose work and thoughtfulness I deeply respected. The entire department structure is being upended. The harshness of the selection for people who were being laid off included a teammate who's in the hospital, parents of young children, people on the edge of retirement. I'm suspicious and extra hostile towards the company - it's very significant to me that all the people of color and people who've had recent medical leave are among the lost.
It's not the first time I've watched and survived a company's poor management and bad choices, but this is by far the worst. I've worked very hard at staying professional with the customers this week. I'm still inwardly seething with rage. I'm trying to figure out how to be supportive to the people who are leaving. I'm trying to figure out how to help a team lead who's in his first management job, and is totally devastated and nearly frozen with helplessness. I'm decent at my job, but don't know why I was kept and others with equal or greater skills were let go. I don't feel good about what qualities I might have had that corporate desired to keep - dutifulness, compliance, amiability, reticence?
At the same time, I'm looking at months of double workload even though corporate management claims they'll outsource part of the duties (so that's another symptom that I'm replaceable) and manage the task pipeline. There's a frankly insulting retention bonus if I stay for another year. We've gotten the usual anodyne HR garbage about the employee assistance program and coping skills. The corporate management's left us with the ominous "stay tuned for further announcements over the coming weeks".
I don't have a lot of choices here. I'm trying hard to stay focused on the present, without looking over the cliff of dread at the future. At the moment, I'm the sole support for our household and source of health insurance. My spouse is badly burnt out, and I don't want him to look for work a minute before he's healthy and enthusiastic about a job. I'm a late-50's end-career professional who wouldn't normally have much interest in restarting yet again elsewhere. I very deliberately chose this company, job and location, liked the work I was doing, the people I was doing it with, and I was looking forward to building on it. There's still the possibility that our half-vacant remote office will be closed and consolidated with the corporate headquarters. I have less than zero interest in relocating, and plan to keep separated coworkers who live here as personal friends.
I'll be grateful to hear any advice on coping with this situation, and hope the replies will be helpful to others in future.
47 votes -
Will US companies hire fewer engineers due to Section 174?
20 votes -
‘Winning requires hard work’: Wayfair CEO sends employees a gloomy pre-holiday email following layoff-filled year
27 votes -
Nickelodeon Studios | Abandoned
16 votes -
Spotify is the world's biggest music streamer but rarely turns a profit and just cut 17% of its workforce – its business model looks increasingly precarious
59 votes -
How Norway's EV rising star Easee fell foul of Swedish regulators, which took it to the brink of bankruptcy
8 votes -
Maersk to cut 10,000 jobs as shipping firm revenue slides
12 votes -
Is Bandcamp as we know it over?
26 votes -
Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs
8 votes -
Bandcamp hit with layoffs after sale to Songtradr
34 votes -
Fortnite developer Epic Games axing 16% of staff, laying off 830 employees, and sells Bandcamp
30 votes -
Layoffs at Epic Games (about 830 employees, 16%)
32 votes -
Sega cancels Creative Assembly's Hyenas
11 votes -
World-renowned instrument maker Moog slashes jobs at Asheville manufacturing center
15 votes -
Embracer Group has shut down Campfire Cabal as the company begins closing down some of its development studios
8 votes -
American Physician Partners is latest physician staffing firm to fold — it follows Envision, and physicians consider further consequences of difficult market
9 votes -
99-year-old US trucking company Yellow shuts down, putting 30,000 out of work
30 votes -
Trevor Project begins layoffs during union bargaining session, two months after recognising union
10 votes -
Evernote, the memory app people forgot about, lays off entire US staff
93 votes -
National Geographic reportedly lays off its last US staff writers
52 votes -
Dear David Zaslav: Gutting TCM will not help you win filmmakers back to Warner Bros
15 votes -
Amazon employees stage walkout over return-to-office mandate, climate goals, and layoffs
11 votes -
The ‘open secret’ in most US workplaces: Discrimination against moms is still rampant
10 votes -
Buzzfeed News is shutting down, laying off 15% of its US workforce
11 votes -
Spotify said Monday that it will cut 6% of its workforce to reduce costs – CEO Daniel Ek took full responsibility for the job cuts, which he called “difficult but necessary”
8 votes -
Microsoft is laying off 10,000 employees
10 votes -
Warner Bros. Discovery says it’s done killing shows and movies just for tax write-offs
3 votes -
Facebook parent company Meta will lay off 11,000 employees
14 votes -
High anxiety in Hollywood: “Everyone is totally drained and burnt out”
8 votes -
Klarna has revealed that losses more than tripled in the first half of the year – firm has been hit by a slowdown in consumer spending
8 votes -
Coinbase to lay off 18% of staff (1,110 people) because the company grew too quickly and a potential recession "could lead to another crypto winter"
17 votes -
Robinhood set to lay off 9% of their full time employees
11 votes -
A secretive hedge fund is gutting newsrooms
8 votes -
Finnish telecoms giant Nokia is to axe between 5,000 and 10,000 jobs worldwide in the next two years as it cuts costs
7 votes -
Voices from the pandemic: A Walt Disney World waitress struggles to hold on to her middle-class life amid a pandemic and catastrophic layoff
10 votes