Just because the offer is made to 25% of the workforce doesn’t mean they will all accept. These are generally very well paid jobs and the prospect of entering the job market right now isn’t going to appeal to everyone. Especially not when you have upcoming RSU vests after a recent 50% stock rally. If say a third of the employees accept then it’ll be an ~8% reduction, which is in line with a regular company-wide layoff.

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mirmor23 an hour ago | parent [-]

There is a difference this time though. There has never been a time in last 40 years where being laid off seemed terrifying for knowledge workers in tech. It's speculative what's ahead, but man, does it LOOK bleak. Many would still come out OK, but it's not a given.

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toast0 an hour ago | parent [-]

> There has never been a time in last 40 years where being laid off seemed terrifying for knowledge workers in tech.

How about the last several times all of big tech was laying off tons of people at the same time?

I'm not going to disagree with "this time it's different", but I've seen this fear several times before. This time it's AI that's going to take our jobs, and maybe that will happen, but it's not the first threat.

	▲	shawabawa3 2 minutes ago \| parent \| next [-]
		It's incomparable the difference now compared with say layoffs in 2022 Back then, you might think the market was a bit cooler, but talented engineers were still in massive demand. Growth in tech was stalling but a massive reduction in demand was very unlikely This time there's a real chance that in 10 years we have 50% or less the number of software engineers today, if the job title still even exists as we know it
	▲	mirmor23 40 minutes ago \| parent \| prev [-]
		> How about the last several times all of big tech was laying off tons of people at the same time? I meant the layoffs due to AI, not the typical tech tech layoffs that are as old as tech itself.