Recently, rumors have appeared on the /r/JPL subreddit indicating the possibility of layoffs of 250-400 employees on 11/13 or 11/14. Interestingly, users who claim to have insider information have DISAGREED; some have said the layoffs are happening and others have said they are not. This market is a fun way to speculate and blow off a little steam at a scary time.

The market will resolve to yes if a layoff triggering the California WARN Act occurs (not “is announced”) at the Jet Propulsion Laboratory from 11/10/24-11/16/24, and to no otherwise. [EDIT: added “California” to disambiguate]