Rumour About Red Hat Layoffs Yesterday
From IBM Red Hat forums (thelayoff.com):
Hours ago someone also spoke about IBM layoffs in Brazil:
IBM Executive dumps shares
Not major news but we hear about this as the market dumps.
Sold at $253 and change
When Alvind and his DipMunks got their awarded shares in January they were in the $254 range
They need to hold for a minimum amount of time and they can’t dump them all at once
All while the axe swings. More cuts in Brazil this week
Can somebody from Red Hat or someone who knows someone there (impacted or not) confirm that there are layoffs this week at Red Hat? Those would typically be classified as "IBM layoffs" (of which there are plenty this year; almost 2,000 just days ago). █