8th wave of layoffs and resignations - Avis employé Employé (anonyme) System1

There is a toxic cycle of layoffs -> workload of people leftover increases significantly -> performance decreases/burnt out -> resignations -> loss in revenue -> layoffs again. Also there is no way to get promotions because by exceeding expectations you meet their expectations. If you’ve been here for awhile you’ll know there’s been 8 waves of layoffs and they are getting more frequent. (especially in the beginning/end of quarter/near earnings call) There will be more in the future.