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deepakkarki | 3 years ago

> Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired.

Wait so does that mean they'll end up with 10K less after hiring 5K folks? Which might imply that they'll be firing 15K people.

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rexreed|3 years ago

They are firing 10k people they have already hired, and not hiring for 5k roles where they haven't yet hired. So 10k are leaving, and the planned 5k they were going to add will not add. This means they are losing 10k.

przemub|3 years ago

No, it means that they won't hire these 5K in the first place.

JumpCrisscross|3 years ago

I'm reading it as 10,000 people being fired and 5,000 job openings, some of which may have offers out, being cancelled.

pif|3 years ago

No, it means they will not hire 5 k people they had planned to hire, and they'll let 10 k people go within their current workforce.