lay offs, lay offs, lay offs....

[Raisins_72]

10 minutes ago, Assam_Bhayya said:

12 years experience in India, last year ochadu friend valla cousin, no job still. Skills problem aa thelidhu, or interview crack cheyalekapothunnada thelidhu, skillset adagaledu, hope not manual Testing/QA,  but heard one year nundi no IT job,  kaali ga room lo kurcholeka working in restaurant, india lo wife working IT, WFH job she is earning 20 lakhs, taking care of kid, schooling there. .. 

inka nayam wife kuda India lo unna WFH job odhilesi h4 meda US raledu

 

Not abt experience/skill.. timing & connections ! 
 

It’s too bad bro - similar to 2008.. not getting even a single call. Posting padina 1 hr lo, 1000’s of resumes are flooding … 

[Sonu_Patel]

lay offs very true anna.. many homes are getting ready to hit market this summer. 

[krishnaaa]

7 hours ago, ManOffSteel said:

Last 2 weeks lo close friends circle lo mugguru lay off ayyaru 2 FT and one contractor.

Community lo oka couple both husband and wife lost their jobs in a span of days last month..

most of the whatsapp groups ive discussions lay offs here lay offs there ani..  Asal em jarugutundi US economy ki.. 

 

Couple people in my circle as well.

[jpismahatma]

4 minutes ago, krishnaaa said:

 

Couple people in my circle as well.

Market dipping again. Buying this time ?

[kathiramdasu]

Finally, I saved some people from layoff. I had the unfortunate opportunity to provide names for my team's layoff shortlist. Luckily, providing these team members daily tasks and importance removed them from the list.

Hope everyone has a job and the economy gets better.

[krishnaaa]

9 minutes ago, jpismahatma said:

Market dipping again. Buying this time ?

Yeah. Transferred some money.

Will buy some LEAPS.

[aratipandu]

8 hours ago, ManOffSteel said:

Asal em jarugutundi US economy ki.. 

Uncertainty anna...political uncertainty. That creates chaos. Chaos impacts markets. Market downfall triggers cost cutting. Cost cutting impacts hiring/layoffs...iyanni oka daniki okati link ayyi untayy...quite expected no.

[Galactus]

Incoming in my company, tension tho unnam

[Ballisticmissile]

I mean people are still getting jobs but they have to reduce their expectations in salary... previous salary lo 60-70 pc ki oppukunte jobs easy gane dorukutunnayi...

[Tellugodu]

6 hours ago, Galactus said:

Incoming in my company, tension tho unnam

Em company bro ?

[jpismahatma]

I see lot of people saying layoffs. No news nothing. If you don’t tell name of the company what is  the point

[Ballisticmissile]

1 hour ago, jpismahatma said:

I see lot of people saying layoffs. No news nothing. If you don’t tell name of the company what is  the point

I know companies for sure laying off high skilled/ top damagers .  

[*Prince Charming]

2 hours ago, jpismahatma said:

I see lot of people saying layoffs. No news nothing. If you don’t tell name of the company what is  the point

avtunnai bro. naa firm which is Fintech based layoffs happened in Feb. more expected in June. Also EY lo kooda ayyayi ani telsindi through a friend who works there......

[andhra_jp]

Meta lays off more employees in latest round of job cuts

The cuts impacted an unspecified number of employees in Oculus Studios, the unit behind virtual and augmented reality games for Meta’s Quest headsets.

Meta has initiated a fresh round of layoffs within its Reality Labs division, narrowing its focus on efficiency and future mixed reality development.

The cuts impacted an unspecified number of employees in Oculus Studios, the unit behind virtual and augmented reality games for Meta’s Quest headsets. The story was first reported by The Verge and later confirmed by CNBC.

 

A Meta spokesperson confirmed to CNBC the restructuring, stating that the changes are designed to help Oculus Studios “work more efficiently on future mixed reality experiences for our growing audience.” However, the move has come at a human cost, affecting developers tied to some of Meta’s more prominent VR efforts, including the Supernatural fitness app.

In a message posted to the official Supernatural Facebook group, the company acknowledged the layoffs with a somber note: “Their contributions have been instrumental in shaping our journey and yours, and their absence will be deeply felt.”

These job cuts follow a broader Meta workforce reduction earlier this year, when the company trimmed 5% of staff it deemed low performers.

Meta has been under pressure to streamline operations and rein in costs at Reality Labs, its experimental division focused on building the metaverse through devices and immersive software.

Reality Labs posted an operating loss of $4.97 billion in Q4 2024, against $1.1 billion in revenue, underscoring the scale of Meta’s investment in what remains a long-term and uncertain bet on the future of computing.

With Meta’s next earnings report due Wednesday, analysts will be watching closely for updates on the company’s strategy around VR and AR, especially as rivals like Apple and Samsung explore mixed reality in their own ways.

[Sucker]

Stock markets lepam ga inka layoffs Yendhi Andi @Konebhar6