This is not borne out by the data. The data shows most layoffs are in recruiting, HR, product, design, data science. Yes, it’s cutting new projects but it’s also just trimming fat.
I don't understand your comment. If you're cutting back on future features, not existing operations, you'd absolutely expect product and design to take a big hit, and then of course recruiting and HR because your employee counts are down and you're not hiring.
Data science tends to span both (future product dev and analysis of existing functionality), and data science can be particularly tricky to assign a value to, so not surprised there are also significant cuts there.
Data science tends to span both (future product dev and analysis of existing functionality), and data science can be particularly tricky to assign a value to, so not surprised there are also significant cuts there.