Thousands of customer success specialists from CX went to vegas from all over the world including India China Portugal Poland etc to attend extremely underwhelming training 2 days on the weekend before GSX and didn’t even get to stay for GSX. Millions of $$$ down the drain in international travel for everyone. Would rather have a full merit program than this crapshow. Sales kickoff I understand important but in the name of technical training of 2 days travel from across the globe just to hang out and drink is not the best use of resources. Good job CX leadership yet again.
Posts mentioning hashtag #budget
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Forest Service cut 10% of agency’s workforce
- The layoffs primarily affect employees still in their probationary period, making them easier to dismiss, while public safety positions, including wildland firefighters, remain intact.
- The cuts coincide with the end of the “Fork in the Road” program, which offered employees to opportunity to resign while staying on the payroll through September.
- Other federal agencies, including the Department of Energy and Small Business Administration, are planning similar workforce reductions.
https://www.ehn.org/forest-service-layoffs-cut-10-of-agencys-workforce
Q2 13F
The latest 13F filing was done. Cap Management has $9.3B in Q2 in 2025 compared with over $10B in Q1 of 2024. Market has been up about 13.5% per annum since then. Is there a stated strategy to actually grow the AUM or is it mainly loss avoidance ?
How much savings you got? I got next to nothing :( :(
Seeing that the layoffs are coming, a lot of people will be impacted and will be forced to dig into them savings. How much do all of y'all have saved up? I've got next to nothing.
Bonuses?
Any word if we'll get them this year? Mostly concerned about HGS and merit increases.
Weird changes for FY25 Merit & Promotions
Split in 2 Cycles:
1st in November
2nd in May
Basically, they just cut whatever peanuts you were supposed to get in HALF.
HQ Security Cameras increased
Starting today they’re installing additional security cameras at Framingham HQ. This is out on the portal but wasn’t sent via email communication.
Wondering what the reasoning is. Why spend money when they’re planning layoffs all the time??
Rewards budget is horrible this year
Rewards budget is horrible this year Considering the good revenue year cisco declared, don’t expect many promotions
RIF coming
Person who works with SVPs under Ward said a RIF is coming for STEPN. This week or next due to projects over budget.