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Bloodbath in Global Functions today (for Group 1 - AMER)

Worst day in the history of this company, most of the people were laid off - global functions, AMER region.
Half of the people who got the letters have time only till Jan 23, then they will be laid off.
For rest handful of people, package is same, rest benefits go down, specially the bonus was reduced to less the 50% of the current one.
Curious case, a web marketing leader with 13 years was laid off, in comparison to a leader who just joined the company in July.
So much politics, so much biasness.

For Group 2 and Group 3 - leave while you can, only those will survive who are good at licking.

RR sold this company, sold the lives of thousands of people, shame on him.
worst CEO in the history of this industry.


Ice Berg hit

Ice Berg and his side kick Marne cut a dozen people in procurement this week, then hired another executive to run IT, moved Almost Ded Ned out from Sandipshit because he wasn't bringing any revenue (scapegoat 1). Then gave Ded a BS Innovation title and probably more money.
Heat is turning up after a terrible August and horrible Q3 outlook for Gilly Bean West. But don't worry the new mascot car, Miles Dumpster, in all the communications will keep morale up.


Hiring Externally

They have sunk to an all-time low.

As they continue to make cuts, we have some snake-leaders hiring candidates from outside the company. You can't tell me there weren't hundreds of internal applicants that were fully qualified!

THEY DO NOT CARE ABOUT US!


Student CEO?

If there is one thing Follett is good at it's cutting payroll. Congratulations to the new student CEO. follett is teaching future leaders how to treat their employees poorly.


November layoffs

Seattle Children’s Hospital will lay off more than 150 workers this fall, blaming the cuts on the loss of federal funding.

The hospital confirmed Wednesday that 154 employees will be laid off and 350 open positions will be eliminated, effective Nov. 15.

https://www.king5.com/article/news/local/seattle-childrens-layoff-150-jobs/281-62ef8f3f-69a5-4824-bf24-0524ec70a7d4


C-Suite and EC Next

Rumor has it c-suite and EC cuts are next now that the farce of a Board meeting is done. About time they start treating the senior leaders with the same ruthlessness they treat everyone else. AMN continues to use RTO to do layoffs without paying severance and hide poor financial performance. That may seem like good business to the bean counters but what it reflects is a bankrupt ethical culture.

Senior leaders bully SMEs into submission on quality issues, ignore compliance and cut corners that will ultimately harm patients (pay attention clients!). SpeakUp is a joke and the Board doesn’t have a clue that the worst offenders were the ones sitting in that meeting with them including those in charge of the so called quality and ethics programs.

Mark my words this company will not exist in 3 years. It is being run straight into the ground by unethical people.


Constant layoffs

Citi has turned into a never-ending layoff machine. If it's not a major round, it's surgical cuts, removing a few people here and there so most don't notice. It’s like Groundhog Day but with pink slips. These days, every time I see a 1:1 on my calendar I get a stomach ache.


54 engineering employees laid off Sept 15th

54 employees were laid off on September 15 with 33 of them being shifted to India. Deep cuts made to US based engineering teams, especially those working at headquarters. Pretty much confirms that the goal is to shift most, of not all, development work to India. AI presence will largely remain in Ireland


Layoffs hit everyone now

There was a time when only underperformers were at risk, but that’s long gone. You can get a pat on the back today and be cut tomorrow. It’s stressful to always wonder if you’ll be next, and it makes showing loyalty feel pointless. Hopefully, the job market improves and we can all leave before being kicked out.


Out of scope expat

We have an expat who works as a team leader/supervisor and was identified as an out of scope employee during this second half selection. This individual is a great performer (and so does everybody else who is left behind since 6 re-orgs ago). Why would they select and retain a more expensive expat when the position can be performed by someone locally? I understand if it is like a CTC specialist role but this is a typical supervisory role. Talk about selective cost cutting. Oh well, politics is always present everywhere you go. Sigh.


Next layoff?

I hate that we have to have this mind set, but its a new month so im wondering if layoffs are coming around again. With the amount of issues with clients and clinicians due to all of the changes and clinicians choosing to leave due to it all, I can only imagine how much was lost money wise so worried about if/who will be cut next.


My Dept got ~60% cut

I am at TETD under ATTD. We have teams in OR and in AZ. Intel is shutting down all developments in TETD, so we are letting go of ~60% employees which would be several hundreds both in AZ and in OR.

This is another typical Intel failing in strategy. After investing billions and hiring lots of really talented engineers for more than 20 years, now we are shutting down because there are no immediate customers as we trust TSMC more than ourselves.

Everyone who sees this, remember you will be the next target. DO NOT TRUST INTEL LEADERSHIP period. Intel is set on the course for bankruptcy like Motorola. I am afraid USA is following the course of Intel these days under the great leadership of our fearless but regarded leader. This so awesome for China.


Not old Swire any more

Used to be a great company, like a family - they took care of people. Now things turned south, they had three layoffs over last couple of years. The last cut was about six months ago and almost 200 people were got cut from FSOP. I would not trust the management any more, this is different times now and they tell you one thing just to turn around and do something completely different.


Pacific Northwest National Laboratory layoffs

The former chemical engineer and biofuels researcher at Pacific Northwest National Laboratory in Richland was furloughed two months ago. In August, PNNL laid him off, along with 90 other jobs being cut in recent weeks.

https://www.tricitiesbusinessnews.com/articles/pnnl-layoffs-prompt-criticism-concern


Why is there even a need for cuts?

So many people are already leaving voluntarily, yet they keep talking about cuts. It’s like they don’t see the bigger picture and are just determined to make things worse. The morale has been terrible for a while, and it doesn't help that the company is punishing the people who stayed instead of fixing the issues.


Don’t expect this to make sense

I’m willing to bet my paycheck that we will not lose bad performers, but some of our best people. They’ll grab onto this opportunity (read: excuse) to lay off people with higher pay (meaning, people with the most experience and knowledge who’ve been here a while) and replace them with cheaper hires. Sad but most likely true.


Why the fascade??

We all know cuts are due in October so why plot elaborate fascade ?

HR, scrum masters, they're all playing dirty games, preventing promotion, opportunities not given to people anymore.

Been asked to do tasks which are mundane, not required in the bigger scheme of things


Enough with the mass hiring sprees followed by mass layoffs

It’s like the company has turned the workforce into a seasonal commodity instead of actual people. Every new round chips away at any remaining loyalty or pride in the work. Enough is enough. And if you don't know how high our hiring is, go and check. Makes no sense amid constant layoffs.