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In response to the falling economy, we announced that we are pulling in our annual review process. Immediately I received questions about whether we are also planning a layoff. NO — precisely the opposite. We are accelerating your raise to put some extra money in your hands. we can put tens of millions more dollars in the hands of our families in the coming months.
There is no layoff. The work we do in graphics, science, AI, and robotics is more vital to the future than ever.

Nvidia Announces Company-Wide Raises, Promises No Layoffs During Pandemic
Many companies across the United States are laying workers off. Nvidia is giving raises and pledging to match charitable donations instead.