About 150 were let go earlier this year, the rumor is that they are not done and that there will be another reorg. Nothing can surprise me any more.
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Over 200 people layoff today. I know for sure another engineer that do not have citizenship that was hired last December has my job
I agree with you 1000% - it's a stealth recession, many people are better off but many are not, they are worse off. Some professions are being wiped out. GE does hundreds of small batch layoffs too, you don't hear about it in the news but they are happening all the time. Good, quality, well paying jobs are being erased, outsourced, moved eliminated. New low paying service jobs are being created.
This is not a recovery, it's a full fledged recession that's not being reported to the people.
This is a stealth recession we've entered.
Powers that be not admitting it until they can blame someone or something. That will come, sure as the sun will rise.
When it does, these layoffs will be nothing by comparison.