GITLAB LAYOFF # CONFIRMED TODAY
14% of staff cut. 360 jobs.
Exiting 22 countries indefinitely.
All remote Indian jobs have curiously been removed from LinkedIn since our post called them out, but fresh listings still appear on NAUKRI, India's largest job board.
Interesting.
WHY DOES THIS FEEL FAKE?
Openings just hit 7.62M, a two-year high. But that counts listings posted, not people hired.
ACTUAL HIRES fell to 5.12M and have dropped every year since 2022.
Smoke and mirrors. Openings don't matter. Ghost jobs. 83%+ of jobs to foreign-born...
ALTMAN COMPLETELY FLIPS AI NARRATIVE AS HE PLANS IPO
Then: Sam Altman warned AI would wipe out entire job categories.
Now: he says companies blaming AI for layoffs are adopting AI the least.
What changed? OpenAI is racing to go public this year at up to $1 trillion+
@DigDugTrader Thoughts on $LAYOFF by @LayoffAI?
Take a few minutes and scroll through the X account.
We’ve built a real time layoff tracker for AI and H-1Bs.
Keep in mind, we’re only 3 months old and have done this all in the bear market.
Just looked at some of the stuff on my old and current watchlists…
I can PROMISE you anything under 10 mil is straight up money on the ground for $Layoff
Fuck you, higher.
HORRIBLE take by @kevinolearytv. It shows how out of touch he is with reality.
Gen Z doesn't make $70,000. The median worker under 25 makes about $34,000.
Many of them can't find a job either. Entry-level hiring is the worst it's been in 37 years.
$28 lunch part is real 😭