Sydney-based seed round startup, ~40 people. From last month some folks started getting cut (mostly permanent senior engs) to be replaced with temporary 6-12 month junior/mid-level devs. Rumor is it's done to reduce the headcount "on paper". Might be just a "regular" optimization, we do payroll automation and with these AI tools popping up every day we might get out-competed soon.

> Don't want to jinx it

I think it's coming. Australia is always lagging behind. All indicators (RBA rates, etc) point that it will hit. Might be closer to winter.