#concern

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Starting at Microsoft in 2 Wks. Should I Be Worried About Layoffs?

I'm scheduled to start a new role at Microsoft in Ireland in two weeks, working on an AI-related project. Ive already signed my offer letter + contract.

With the recent voluntary buyout announcement and ongoing concerns about layoffs, I'm starting to wonder how secure my position really is. Is there a realistic chance of being laid off shortly after joining, or am I overthinking this?

Anyone at Microsoft have insight into how new hires are typically affected during layoffs?


Centene fails the 401(k) non-discrimination testing????

I’ve never experienced a situation like this before, so I’m trying to understand my options. Last year, I contributed $22.5k to my 401(k), but today I received two checks in the mail totaling $20,000. After contacting Fidelity, I was informed that Centene failed the nondiscrimination testing requirements for its 401(k) plan, which resulted in the funds being returned.

What steps should I take to address this? Do I have any options to dispute or challenge the decision? Does this mean that my retirement contributions from last year were essentially wasted, or will I still receive some retirement benefit from them?

I also came across another post suggesting that Fidelity may allow me to keep the funds in the account if I pay a 10% penalty. Is that actually an option?

I would appreciate any guidance on the best way to handle this situation and minimize the financial and retirement impact.


Head of GCC, EVP comment

Head of GCC, EVP said this on LinkedIn "I’m both proud and humbled to be part of this journey as we build for our future! This announcement represents the continuation of an extraordinary partnership with Infosys and marks the start of an important chapter for Truist." I really hope Steve doesn't think moving 1400 jobs to India is a good thing!! When I worked at BB&T he seemed to care about employees. My guess is that he has no choice but to drink the Koolaid. :(


Broken Parking Garage Signs

Once again as I drive into the garage today I see the signs are all broken. Why can’t they keep the signs working? I’ve never seen this problem at other parking garages. It is a constant issue. Why can’t they fix it? Don’t we have instrumentation and controls engineers? If this is any indication of our ability no wonder SBM is operating everything in Guyana while we watch.


State gets the Codebase

Well, I've seen it all now. The customer had the rights to the code, so the account is losing it up to their Git host.

Now, the real shenanigans will start. I can't believe this was allowed to happen. I miss my EDS days, customer owned the data, EDS owned the code.

The State is going to use this against us. I don't like this at all. What special flower allowed this to happen? Probably one of those new banker managers. I'm just shaking my head & rolling my eyes.


Tick Tock Goes The Clock

My manager still sits in the office with the door closed. I guess it thinks its safe as long as it hides.. Anyway, when they shutter this place, I am pretty sure my maanger will never know until the next day, when the potato chip bag is empy and it goes out for more supplies and cant get back in. Meanwhile, the q cespool ferments .


Peasants stay in Middle East but not Executives

We hasn’t evacuated families from the Middle East even though the U.S. government has and our competitors have. Oh yeah and then there is this. The executives are cancelling their trips due to safety concerns. Nothing to see here. Keep working peasants. Is executives will stay safely at home. U.S. executives don’t get paid enough to take such a risk!

https://oilprice.com/Latest-Energy-News/World-News/Exxon-Chevron-Executives-Cancel-Gulf-Visit-Over-Security-Concerns.amp.html


Museum Educators Voice Layoff Concerns

Former educators at Century Village Museum have raised questions about recent staff reductions. They stated that the museum board eliminated the education department due to budgetary constraints. This decision impacted approximately ten to fifteen dedicated individuals. Many of these educators were retired teachers with years of service. The education department was a vital component of the museum's operations.

Chardon, Ohio

https://www.geaugamapleleaf.com/news/former-century-village-educators-question-layoffs/