Will Google layoff 5% or more of engineering FTEs by end of 2023?

Technology•Business•Improperly Resolved

128

Ṁ6.6K

Ṁ870

resolved Jan 20

Resolved

YES

ALL

Will resolve based on official announcements or news article in NYT or WSJ confirming layoffs of 5% or more of engineering.

Nov 20, 10:43am: ~~Will Google layoff 5% or more of engineering FTEs by end of 2023~~ → Will Google layoff 5% or more of engineering FTEs by end of 2023?

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18 Comments

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predicted YES

This was resolved correctly.

predicted NO

@Paul It was revealed to you in a dream?

predicted NO

The market creator also went all in on YES before mis-resolving.... IMO @Paul deserves the untrustworthy badge.

predicted NO

I think it is unlikely that this was resolved correctly. No source has confirmed >5% FTEs, and since layoffs typically hit HR and sales disproportionately, it seems unlikely to me.

predicted YES

@RyanMoulton Can we still flag improper resolutions? I can’t find the flag on the app.

@NicoDelon I can't see it on the website either

The flag improper resolutions feature was removed (I believe they are reworking it). I've tagged it with the improperly resolved group.

predicted YES

@jack Thanks. FWIW I was betting yes and made profits but I still think there was no reason to call it.

I would guess the author most likely didn't check their resolution criteria and/or the news carefully and resolved too quickly. This is why we need to be able to correct mistaken resolutions:

predicted NO

Will resolve based on official announcements or news article in NYT or WSJ confirming layoffs of 5% or more of engineering.

From what I see neither of these 3 sources specify number of people in engineering affected, just number of people.

predicted NO

do you have a source for this resolution? Yes 6% of all employees were laid off today, but was it >5% of engineering FTEs?

predicted YES

Always buy against coping SWEs

bought Ṁ10 of YES

Seems likely they'll just give more employees a low rating and fire them that way instead of doing mass layoffs, that way they can keep pretending to be employee-friendly.