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It just feels kind of weird to transition from hiring aggressively -> laying off 1/5th of your staff within a couple weeks. I had always associated layoffs with companies that were stagnating.
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It just feels kind of weird to transition from hiring aggressively -> laying off 1/5th of your staff within a couple weeks. I had always associated layoffs with companies that were stagnating.
Smart move to rip the bandaid off early and get ahead in terms of runway in case it's needed instead of extending the pain. Probably easier for employees to find a job as well before unemployment rises.