“We were assured the layoffs would impact 5 percent, 260 employees only,” one source with close knowledge of the situation told The Verge. “People in the company recently noticed many employees disappearing from our internal slack or scheduled meetings. Due to the lack of internal transparency, one can only estimate the extent of this layoff round: we increased our staff by ~50 percent since 2021, and almost all of them were hired to fuel growth. Now it seems these additional ~1,300 staff are viewed as costs to be reduced, in order to save the business,” the source continued.
Read more of this story at Slashdot.