There was a company-wide massive layoff in February 2025. 8% of the global workforce but the hardest hits were in California and Utah (SLC), their most expensive offices. The claim was that they needed to invest in AI utilization. The focus now is on hiring people in cheaper locations, especially in our newer offices in India and Costa Rica, but they have no problem hiring additional C suite and senior directors/comptrollers in California, the same state where they cut so many middle and lower tier jobs.
For the average joe in California, your job may not be safe if there is someone else cheaper who can do the job. Plus, they have been making budget cuts to certain perks that employees used to enjoy in earlier years (lower quality snacks, cheaper/smaller employee events).