<story><title>Alphabet unit Verily to trim more than 200 jobs</title><url>https://www.wsj.com/articles/alphabet-unit-verily-to-trim-more-than-200-jobs-11673466950</url></story><parent_chain><item><author>MuffinFlavored</author><text>&amp;gt; It seems like just about every tech company is doing 15% layoffs&lt;p&gt;It&amp;#x27;s &amp;quot;selection&amp;quot; bias or confirmation  bias or some kind of fancy word bias that we see headlines posted here (or other places) about ____ doing 15-20% layoffs.&lt;p&gt;If you combined all the headlines we&amp;#x27;ve seen past 6-12 months about layoffs, what % of companies out there would that represent total? 5%? 10% max?&lt;p&gt;How routine is 1&amp;#x2F;10th of every tech company in the country doing 15-20% layoffs in terms of business cycles as far as history goes? Quite common? Are we overblowing the significance?</text></item><item><author>code_duck</author><text>It seems like just about every tech company is doing 15% layoffs.&lt;p&gt;&amp;gt; They include the development of technology for Dexcom’s G6 and G7 continuous glucose monitors (CGM), the smallest CGMs of their kind.&lt;p&gt;That’s very cool! I have worn a Dexcom for 2 years and I had no idea. CGMs are extremely helpful for people who need them. While the market is fairly small for t1 diabetics, it’s expanding to people engaged in fitness.</text></item></parent_chain><comment><author>lumost</author><text>Historically it’s been unfortunately common. Folks tend to avoid companies with past layoffs as the company has a suboptimal cap table from a down round - or is public and only cares about profits.&lt;p&gt;Either option is limiting for a tech worker. So historically successful companies have tried to avoid layoffs like the plague. This has likely lead to some excesses in firms who haven’t adjusted over time.</text></comment>
<story><title>Alphabet unit Verily to trim more than 200 jobs</title><url>https://www.wsj.com/articles/alphabet-unit-verily-to-trim-more-than-200-jobs-11673466950</url></story><parent_chain><item><author>MuffinFlavored</author><text>&amp;gt; It seems like just about every tech company is doing 15% layoffs&lt;p&gt;It&amp;#x27;s &amp;quot;selection&amp;quot; bias or confirmation  bias or some kind of fancy word bias that we see headlines posted here (or other places) about ____ doing 15-20% layoffs.&lt;p&gt;If you combined all the headlines we&amp;#x27;ve seen past 6-12 months about layoffs, what % of companies out there would that represent total? 5%? 10% max?&lt;p&gt;How routine is 1&amp;#x2F;10th of every tech company in the country doing 15-20% layoffs in terms of business cycles as far as history goes? Quite common? Are we overblowing the significance?</text></item><item><author>code_duck</author><text>It seems like just about every tech company is doing 15% layoffs.&lt;p&gt;&amp;gt; They include the development of technology for Dexcom’s G6 and G7 continuous glucose monitors (CGM), the smallest CGMs of their kind.&lt;p&gt;That’s very cool! I have worn a Dexcom for 2 years and I had no idea. CGMs are extremely helpful for people who need them. While the market is fairly small for t1 diabetics, it’s expanding to people engaged in fitness.</text></item></parent_chain><comment><author>marcinzm</author><text>This level of layoffs only happens during major economic downturns. Last one was 2008 and before that was the dot-com crash. So once a decade or so.</text></comment>