#uncertainty

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Layoff total

Does anyone know the extent of layoffs that happened in the last few days? Was there any layoffs today also?

Different people are reporting differently. I’d appreciate if anyone has analyzed this and can share their findings. Someone is maintaining a running total from Slack (Thanks a ton!), and that says about 12,000 people were let go.

Terrible to hear about layoffs and see our coworkers let go. I hope this madness stops soon so we can focus on work. Tired of being on the edge for the last 6 months. Thanks!


Situation outside our bubble is dire

I would otherwise be out without a second thought. I don't know what your experience is, but there are barely any jobs out there. I reached my peak burnout just as there are no options left. Well, I'll just tread water here until better times, trying not to go nuts from having to show up here every day.


No point in trying to understand what they're doing

Or when the next round will hit, or how many they think it makes sense to cut. Leadership overextended. AI is a black hole they all fell into, and now they're operating on pure sunk cost fallacy. They may end up shooting themselves in the leg to save the arm. Basically, anything can happen in the near future, and none of it will be good for us.


None-Core layoffs?

Non-Core layoffs, who's actually been affected?
I'm a US-based remote employee in an SMBC Non-Core unit. I was certain I'd be laid off, but the axe hasn't fallen on me or several peers.
Is this a real stay of execution, or just a holding pattern before they sell us off?


Any job is better than unemployment

I know many are tempted to quit with cuts and uncertainty but unless you have something lined up, don't. Even a horrible job that pays the bills is better than unemployment at a time when job market is among the worst it's ever been. Don't make the mistake of putting yourself into an even worse position on an impulse.


What the fcuk is really happening, don't know when it will happen, everyone says it ends before March end.

They did pilot layoff on Tuesday on OCI support organisation, and that's it.. radio silence... They are rumours by end of March... Does management spread this rumor.. or directors spreading this rumor... The wait is ki-ling... Constant thinking... I may get diabetes or what...


Auto Suppliers Embrace New Strategies Amid Market Volatility

Suppliers no longer expect market conditions to normalize. They are adapting operations for ongoing market instability. This follows tens of thousands of job cuts in 2025. Relentless regulatory uncertainty also prompted this change. This information comes from a recent S&P Global survey.

https://www.autonews.com/manufacturing/suppliers/ane-suppliers-survey-0317/


Planned ASML Layoffs Postponed Amid Uncertainty

ASML revealed plans to eliminate about 1,700 management positions, representing around 4% of its global staff. The cuts focus largely on technical and IT teams, and weeks after the announcement, employees are still waiting for clarity.

https://www.tomshardware.com/tech-industry/asml-workers-still-in-the-dark-seven-weeks-after-1700-management-cuts-announced


ASML Job Cuts Delayed, Workers Remain Uncertain

Dutch semiconductor equipment maker ASML announced layoff plans. The company intended to cut 1,700 management positions. This reduction impacts about 4% of its global workforce. Technical and IT departments were the primary targets. Seven weeks later, the process for affected employees remains unresolved.

https://www.digitimes.com/news/a20260316PD235/asml-dutch-layoffs-equipment-2026.html


Not waiting on layoffs anymore

It is obvious layoffs are going to be massive. Maybe they will not happen all at once, but they are coming. I am done waiting. After 15 years here, I sent out my first applications yesterday and will keep doing it every day. It breaks my heart because I do like my job, but I will be damned if I just sit around waiting like sheep for sla-ghter.