Snap plans to lay off 20% of us, and now they're announcing 80% RTO. Is this a ploy to get people to quit so they don’t have to pay severance?

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Likely, yes, in my personal opinion

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IBM did something like this 5 years ago. They mandated that everyone had to work in an IBM 'main' office, closing several of the smaller satellite offices and removing all remote options. They also required that you be co-located with your team meaning that some people were expected to relocate even if they were at an IBM office. They did offer a severance package for those who didn't want to relocate, most people took the package. It was absolutely a strategic decision meant to reduce their workforce.

My guess is that the RTO is a combination of RIF and the general view many in leadership have about WFH.

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Too bad it's the employer's market now and not ours. Best of luck to you Snap employees!

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100%

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Definitely, and here I thought Evan was better at managing layoffs than elsewhere. If anything, you’re welcome to apply at Wayfair!

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OBVIOUSLY

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Sure. But i'd recommend returning to the office anyway, if it buys you time to find the right next new position rather than just quitting rashly and finding yourself stuck, especially with the current layoff situation in big tech.

Besides, if they lay you off then RTO won't be a problem for you anway.

Sorry you're having to go through this

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Yes, people quit no severance

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Again?! 😬

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Yes.

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Of course, every company does this lol

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Unfortunately, it's layoffs but without all the PR chaos

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Yikes, this is another "creative" way for employers to get rid of people. Hope there's some push back on this. Such a shame for such a great company

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100%. My company is doing the same thing -changing/repealing every good benefit (WFH, flex PTO, etc.) so people are leaving in droves. Kinda smart but annoying and shady

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Nope lol

Feel like they’re prepping the company to be acquired tbh. Potential buyers don’t want to deal with making everyone come back to the office and the natural decrease in workforce is more beneficial than paying severances cost/ value wise.

Interesting take! Any other reason you think it’s trending that way? I kinda thought it’s mostly just that the CEO and COO are very work from office oriented.

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