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Which team? There have been no lay-offs in Data Science & Modelling and there never have been in times of company hardship.
Think the layoffs have been mostly in the US. UK seems slightly more stable, but wouldn’t be surprised if it’s impacted at some level by the recent loss of significant global level accounts (Shell & Uber) - though this may not affect all disciplines and roles (such as analytics). Having experienced both markets and worked with UK based teams, I can tell you the culture is a lot better in the UK and the leadership is solid (same sadly can’t be said for the US).