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Is there any publicly available commentary on what kinds of roles these big tech companies such as Google were chopping, and in what percentages? Were these la

Is there any publicly available commentary on what kinds of roles these big tech companies such as Google were chopping, and in what percentages? Were these layoffs mostly recruiting/HR types, various managers, marketers, etc, or programmers? Did they chop 70% of their recruiting/HR types, but closer to 1% of their techies, or vice versa? Analyzing these layoffs IMO might be best done through the lens of what kind of roles were cut. If they didn't truly hit the real talent (the best programmers) there's a much different analysis that could be made.

bbor 4y ago
It’s top secret, for some reason. What that could even be hiding I have no idea - if the goal is increasing investor confidence then you’d think they’d release at least some vague data
CydeWeys 4y ago
Pay attention to the upcoming earnings call on Feb 2. I bet they'll talk about some of these details. Until then, saying anything would be, I suspect, materially significant non-public information.
- riknos314 4y ago
  The company can make an official statement making it public at any time. Releasing information to the public is not restricted to earnings calls, but they generally don't have incentive to do otherwise.
  - metadat 4y ago
    Regardless, the lawyers will never sign off on it.
    - CydeWeys 4y ago
      Yes, this is what I was getting at. You see this information released once per quarter in a very regimented and tightly controlled way, with lawyers triple-checking everything first. You're just not gonna materially significant numbers released off-cycle. You would simply wait for the end of the quarter.
- renewiltord 4y ago
  To make stuff not MNPI the company just has to release it. Then it just becomes public information. They can release literally everything if they want to. Just clarifying the MNPI thing.
fnfjfk 4y ago
Likely recruiting was more affected as a percentage, it just makes sense if you are not hiring nearly as much as you used to. I don’t think that only programmers are “real talent” though.

bbor 4y ago

It’s top secret, for some reason. What that could even be hiding I have no idea - if the goal is increasing investor confidence then you’d think they’d release at least some vague data

CydeWeys 4y ago

Pay attention to the upcoming earnings call on Feb 2. I bet they'll talk about some of these details. Until then, saying anything would be, I suspect, materially significant non-public information.

riknos314 4y ago
The company can make an official statement making it public at any time. Releasing information to the public is not restricted to earnings calls, but they generally don't have incentive to do otherwise.
- metadat 4y ago
  Regardless, the lawyers will never sign off on it.
  - CydeWeys 4y ago
    Yes, this is what I was getting at. You see this information released once per quarter in a very regimented and tightly controlled way, with lawyers triple-checking everything first. You're just not gonna materially significant numbers released off-cycle. You would simply wait for the end of the quarter.
renewiltord 4y ago
To make stuff not MNPI the company just has to release it. Then it just becomes public information. They can release literally everything if they want to. Just clarifying the MNPI thing.

fnfjfk 4y ago

Likely recruiting was more affected as a percentage, it just makes sense if you are not hiring nearly as much as you used to. I don’t think that only programmers are “real talent” though.