Rhino went through s hyper growth phase this past summer in which it was hiring left, right and center. My recruiter at one point told me he was gonna submit me for six-figure salary because they were giving money out like candy.
The teams don't communicate with one another, and have no sense of direction. Growth operates on "maybes" and personal opinions as opposed to fact and strategy. Most managers are in their first leadership role and it shows. They lack backbone and the ability to delegate. The answer is always yes instead of "yes, and." You will burn out on a consistent basis.
The lay-offs were the most transparent the company ever was in my time there. The official word for lay-offs was restructure and an effort to keep profitable in the "unstable market." This excuse would have been a viable one in March of 2020, however candidates have little remorse for companies such as this one that fail to manage their finance effectively. It has come to light since the initial layoff, that the real reason was to propel profitability. In other words: Rhino is only profitable now they have laid off 20% of its company.