#employeerelations

I'm so sorry for everyone. I truly hope everybody gets lucky and lands a decent job fast.

Did they say any guidance for the laid off associates, about the need to come to office till end of the month

Going George Costanza mode. Great time to get laid off for 6 months if you were also in the crosshairs. Looking on a potential bright side; the culture here started to su-k 5–6 years ago. Will be looking for a company that at least does a better job pretending I’m not just a number when breaking my back for them for over a decade!

https://www.startribune.com/medtronic-restructuring/601838496

This is a bold statement by the Medtronic spokesman.

“ The restructuring is one of several since 2020, and employees have reported the latest one is occurring in tandem with layoffs.
A Medtronic spokesman declined to confirm any layoffs, saying in an email that he would not comment on “rumors of staffing changes.”
He added that the company’s hiring in recent years has outpaced any reductions — especially in the United States.
“What I will point out is that as Medtronic sharpens its focus on high-opportunity, high-growth areas, we’re making thoughtful decisions about where to invest,” spokesman Justin Paquette said in an email.”

Any guesses on total headcount reductions?

I was laid off today and just sat there like “now what?” What are your plans for now to the end of the month?

I’m thinking to just show face at daily meetings, don’t do anything else and ignore 90% of teams and email messages. I mean this was worst case right? They can’t really do anything else?

Nike leaders keep saying that they are flattening the org to keep things simple, but GT is still a mountain of management.

If most employees still have 2 layers of managers, 2 of directors, 3 of VPs, and 2 of C-suite leaders, what exactly was 'flattened'?

Friend works here and strongly believes there will be a layoff in the near future. I can't validate the voracity of the claim, but they seemed very certain of it.

If you get laid off by Cengage please don’t thank them on LinkedIn. Have some self respect.

After todays announcement, it's sure 100% layoffs are happening, do you know what will be the severance, if they will do mass layoffs do you think they will increase severance?

Is it over?

One of my teammates complained a few days ago how it seemed our manager was acting weird and avoiding her for the past couple of weeks. Today, she was laid off. Could he have known so far ahead?

Any folks experienced the process of being impacted while on vacation? How would you know?

Looks like it'll be a long day for some of us. Our team is so far not affected but we also didn't get an all clear, so I'm not sure if I should celebrate or if there's still a chance some of us will get notified. I really wish this whole process was made clearer from the start.

Alright guys I’ll give y’all a real post. I was an SM in wealth and got laid off today. I know you guys like to hate on SM’s but seems like a lot of us got hit. Meeting was put on my calendar super early this morning as a 1-1 without any context. Been here for 10+ years and for severance I got 6 months, prorated bonus, PTO paid to cash, and shares cashed. My manager was visibly shaken up and was like a robot reading off a script just emotionless and monotone which was very unusual. Was told to take the rest of the day off and don’t bother coming into the office through the end of the month which is my last day.

It su-ks but I was already interviewing elsewhere which I’m stoked about the severance and all the payouts.

For those affected, just know you are not alone and this is just how “at will employment” works. I hope you all bounce back quick and enjoy a little time off to recoup. Or at best find another job and enjoy the dual income.

Has anyone that signed up for the VRIF heard anything yet? I’m curious as to how many people actually signed up and how many will be IRIF’d on the 14th.

I don’t get why there are so many trolls here. Why would someone in their right mind share their name, supervisor, or personal information just to prove whether something is real or not? Why risk jeopardizing their severance or employment situation just to satisfy random people online?

To the trolls, please stop. People’s lives are being impacted here. If these reports are true and people are seriously being affected, I genuinely wish you all the best. No one wants to lose their job.

In Benefitfocus subsidiary, people were told they are being laid off effective June 15. They are being told this news less than a month after a previous layoff took effect on April 15 and work moved to Voya India and to Philippines.

Rumors here in the tower is that the layoffs have begun. Seen couple folks packing up and being escorted out by security.

Believe it or not, for those that are impacted today, coming to this site and sharing the news is not a priority. They are going through an emotional roller coaster, need to inform their families, etc. so just because people aren’t posting here, doesn’t mean it’s not happening.

Got laid off.

trend is, people are hating AI because of the impact it has on the environment all to cut some corners and not pay people... meanwhile companies are SHOVING THAT SLOP down our throats. STOP. AI is inaccurate, it hallucinates. You claim to be making lots of money yet axing tons of talented people just to push AI. this will fail and blow up in your face.

One of the most difficult things about layoff days is hoping its one of your team members and not you. Some of us like the people on our team and wanting one of them to be impacted instead of yourself is a special kind of he-l. It feels selfish and awful but you know it will be so much worse if you are the one to get the call. Then you have survivors guilt.

Wasn't just rumors for the group I'm in. Teams is full of people sharing what time their calendar invite that just came in is for with HR + some leader. Everyone promising to give each other recommendations if needed, posting personal emails and phone numbers just in case, etc.

Don't know the count yet. Waiting to see if/what time my meeting will be. Bad vibes for sure.

The rumors weren't wrong for everyone.

I saw tons of writing on the wall the past two weeks that made me think I'm going, but the post from someone saying they made the whole thing up has me second guessing myself now.

If you're impacted, please let us know. And if you're trolling, this is people's livelihood. Please, not today...

It’s likely a small percentage being impacted. There’ll be a lot of rumors and hearsay on here.
Hopefully it’s just been a lot of bad rumors.

do guidelines on responsibilities handled by each gsr even mean anything? ive been gsr 7 for four years and my responsibility, scope, and importance of work dramatically increased but im still gr7 all the same. Exceeded on all reviews with the exception of met on my second year.

is this my direct management holding their cards close to their chest or is Ford not a place that cares about fairly compensating employees for workload

Hearing that there is another round of layoffs happening today?

Anyone know anything?

There was a manager in my group who was about to get fired because of how toxic she was. But then had a minor injury and just kept playing up for almost a full year.

If she is let go, that would be the best kind of karma.

Any dates heard yet?

So when do you think they will really ramp it up to get people to leave or do you think vtp? Its got to be happening some way

Not talking about some C-Suiter who sent out an email about their new chapter in life, but someone you actually worked with or "adjacent" to (or at least in your building). I have over 10 years with VZ and can only name 2 people. Plus one more who took VSP at the time they were about to retire anyway, so make it 3 people who actually retired. What does that say about VZ?

to all my fellow VTeamers, ever notice and wonder how some of those in their current roles got their jobs?

I smell DEI.

When recently getting told I would likely be laid off later this year, I conveyed to my manager that I was smiling and happy. They told me the last time they had to give that speech the person was elated as well.

Speaks volumes about the work culture Charlie Scharf has created.

Just talked to some people in Wealth FIG chapter. They are L5 and above. They got the news today. They are randomly announcing it.

My manager is visibly silent, the mood in rest of the group seems better though.

He seems more quiet, non participating in discussions.

Anyone else confirm with their manager?

To Fidelity only, but are you all aware all the professionals in many huge multibillion dollar companies their employees are as pi---d off as we are for FT RTO?!. They have all stirred the hornets nest! No one is happy, if they successfully did their wfh massively productive employees have proven they can be trusted to wfh and be flexible with coming into an office. It just shows we are completely off their radar for loyalty or respect or for their MASSIVE PROFITS they’ve enjoyed. Maybe just maybe there’ll be infinitesimally small reductions in productivity by naturally being back in a distracting office and I hope they see an overall decline because of RTO. Nothing evil or malicious just a natural decline because being in a busy noisy office lends itself to more distractions. Be careful the powers that be you may be cutting off your nose to spite your face. WFH was a long planned situation and it worked fabulously well and they’re still unhappy with the workforce . Give the professional adults in your office the due respect they deserve. Allow flexibility.

Sorry but to me it feels like this emergency test is also to make sure we have a personal email so when they lay us off they can just send the documents or communication there. I went in and there is no way to remove it. Maybe I’m extremely paranoid but hey that would be this organizations fault to begin with.

I've heard there will be 1% layoffs with most groups exempt

Anyone hear any different ?