<story><title>Tell HN: Confluent laying off 8% of staff</title><text>It hasn&amp;#x27;t been posted publicly but staff recieved an email from the CEO this morning announcing that 8% of staff have been cut in a &amp;quot;restructuring&amp;quot;. This is especially surprising because staff have repeatedly been told that the company has strong cash reserves and is on a trajectory to profitability, even with market headwinds. No word on the breakdown by department or role.</text></story><parent_chain><item><author>voytec</author><text>The real question is: does the CEO take full responsibility?</text></item></parent_chain><comment><author>f6v</author><text>I mean, it’s a funny joke. But this attitude only upsets people who thought jobs were not transactional. Kind of reminds me of stories by people who paid for sex and found out the sex worker didn’t want to cuddle afterwards.</text></comment>
<story><title>Tell HN: Confluent laying off 8% of staff</title><text>It hasn&amp;#x27;t been posted publicly but staff recieved an email from the CEO this morning announcing that 8% of staff have been cut in a &amp;quot;restructuring&amp;quot;. This is especially surprising because staff have repeatedly been told that the company has strong cash reserves and is on a trajectory to profitability, even with market headwinds. No word on the breakdown by department or role.</text></story><parent_chain><item><author>voytec</author><text>The real question is: does the CEO take full responsibility?</text></item></parent_chain><comment><author>NotYourLawyer</author><text>&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;m.youtube.com&amp;#x2F;watch?v=u48vYSLvKNQ&quot;&gt;https:&amp;#x2F;&amp;#x2F;m.youtube.com&amp;#x2F;watch?v=u48vYSLvKNQ&lt;/a&gt;</text></comment>