IT layoffs happened on Wednesday. I understand there were about 100 staff let go (slightly more than 10%).
A LOT of ass kissing brown nosing managers who would stab you in the back if it served their needs. I know for sure some barely competent asshats made sure to preserve themselves while the people who actually executed the work and completed projects. Just remember if you purposely f*ck people over, karma is waiting for you during off work hours......