Seems cold to disclose something like that in writing when it’s inevitably going to be leaked externally.
Now anyone hiring from that cohort is going to know a decent number were terminated for performance reasons, and even those who were lost jobs from regular restructuring will be caught up in it.
Would have been better for everyone to keep it vague.
Anyone who thinks that a layoff is a reflection on a worker just hasn’t been around corporations long enough. Even if the c-suite says it is performance related.
They acquired a profitable company, TSheets Boise, and then just layoffed the entire thing years later? Product acquired so screw the people that built it?
Blame AI cause you over hired medium talent?
Having survived the 2000 bubble there were two kinds of folks left. Those who were important enough to keep and those who were passionate enough to stay and figure out how to eat till the market recovered. If that sounds grim, it is. And there are people of people who survived that time working bullshit jobs. My good friend talks about doing side gigs while working in the liquor store. About getting bumped off his dial up every time someone used the ATM.
Coming out of that grim period was an amazing time (2003 onward). Talent was all that was left, and they were chomping at the bit to start up interesting products and projects.
Doing AI because it's the fad of the moment.
Not causal.
Some more discussion: https://news.ycombinator.com/item?id=40926656
