#layoffs

Posts mentioning hashtag #layoffs

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Cash offer

Anyone who was laid off yesterday and desperately wanted to sell their houses, I’m here.
Price won’t be great but at least for your financial emergency.

Don’t thumb this down! This is reality, face iand accept it.


Laid off

Just got my golden ticket recently. This is the 1st time I have been laid off so I reflected for about a day to soak it in after being here for over a decade. What a sense of relief it has been after that first day though. Since the layoff I found a job I throughly enjoy doing. So if you are someone that just hates your day to day start building / reconnecting with your network and chase something you like. You only get one life so don’t dedicate it to a company that is just going to oust you. Once you get older around 40+ it’s going to get harder and harder to find a job. Find a company that TRUELY has similar values as you.


WFA layoffs for Branch Support

Tuesday after pay day. Got invite to business update meeting last minute. Guy named we never met told us our positions eliminated. This is the entire firm. Never met the guy, talked in circles about models and we are definitely not part of it. This is a 60 day working so we will be kicked out right after Christmas. They created another job with 1/2 our duties plus other duties reporting to someone else. He didn’t answer questions or look at the camera. I asked around and they is no plan to replace the work we do. They will figure it out in 60 days.


THIS PLACE F-C-ING SU-KS!!

I love my job and the people I work with. Even the ones who are a pain are still tolerable. However, for the last year or so, I hate coming into work the Tuesday after payday wondering if I’m next…and also seeing so many of my coworkers across multiple locations being laid off for no reason other than just coming to work and doing their job.

I also work in SA and constantly worry about losing my job knowing they just opened a new campus up in Dallas.

The CEO and COO needs to get off their a-s and come clean with employees setting the expectation for how many more layoffs can we expect before they cool it.


There was a time when this was a decent company to work for

You will find some areas that may be better managed and functional. If you are being brought in at a higher level with a specialized job, for example, if you are an AI expert and are part of the chosen, inner circle it is probably still a good option. But I would read through these posts carefully as there is a lot of factual info that should be given careful consideration. There is no real innovation, profits are being made shifting jobs off shore, via premature implementation of AI and via RIFs; that is not sustainable as a long term strategy. The senior leadership team for the most part is incompetent in my opinion. The CFO has no healthcare knowledge, the CIO has crashed and burned at several companies. Look at public records and you will see that the SLT is not buying Elevance stock, with the exception of one 2.3 mil purchase by Gail to shore up quarterly earnings, they have spent 400k total in stock purchases over the last year and are ditching their shares whenever that can. The chief security officer left, supposedly due to questionable behavior re in house self monitoring. The culture is very much a caste system where the SLT and their minions pass down impossible to meet goals and then also I believe misrepresent up the chain that goals are being met. RIFs are constant and are not communicated; it is like a horror movie where people are disappeared in the night. This results in the people who are left having unreasonable workloads and overall makes for a miserable culture. Many people who were hired fully remote and never went into an office were required to go in 3 days and wouldn’t be shocked if it goes to 5. Expect raises that don’t keep pace with inflation and cr-p bonuses. Advancement opportunities are also limited. If the job has anything to do with provider data, that is a mess. I would never do a call center job at this company. If you go in with your eyes open and limit yourself to 40 hour weeks from the outset and are able to manage your stress and understand from the outset that it is not you it is them; then perhaps it will be workable for you. I would strongly caution anyone who has underlying anxiety or an inability to compartmentalize against this company. You don’t mention percentage wise what the difference in potential salary is, I would perhaps see if you can negotiate with the other organization for a future increase.

Posted by @bg+1k8g1dfer, well said.


Layoff Viewpoint

As someone that is impacted, Layoffs are a result of a failure of management to achieve their designed business plan/goals. Mine had more to do with my compensation than performance. Going forward I will understand the business plan and strategy before committing my labor to another organization.


Twenty-two days

So we’re supposed to sit here for twenty-two days, wondering if we still have jobs. Twenty-two days of stress, rumors, and sleepless nights. It’s unbelievable how inhumane this process is. They could have given us a week’s notice, even a few days. But no, they’d rather drag it out and make everyone suffer.


Oregon WARN Posted Positions

Sw 5th: https://ccwd.hecc.oregon.gov/Layoff/uploads/LOT9376/WARN%209376%20Wells%20Fargo%20and%20Company%20-%205th%20Ave.%20Portland.pdf

Salem: https://ccwd.hecc.oregon.gov/Layoff/uploads/LOT9375/WARN%209375%20Wells%20Fargo%20and%20Company%20-%20Hawthorne%20Ave.%20Salem,%20OR.pdf

Hillsboro: https://ccwd.hecc.oregon.gov/Layoff/uploads/LOT9374/WARN%209374%20Wells%20Fargo%20and%20Company%20-%20Walker%20Rd.%20Hillsboro%20OR.pdf

😔


The layoffs will continue until morale improves

Does anyone else feel like this is “the layoffs will continue until morale improves?”
I’ve heard of US, CA, MX, UK impacts-. Apparently the announcements will continue to be provided this week as HR could not get a hold of all individuals earlier on Monday and Tuesday.
It hadn’t even been a year since the last round to figure out “a new way of working”- where “we are not asking you to do more with less but to just stop doing the non-value work” I’m still waiting to know what is defined as the non-valued work. I also find it crazy that after a profitable quarter one we continue to lay off employees.


Clemmer Seals The Deal

Clemmer did the same thing with AGERE and LSI in the early 2000's. Starboard sees a huge return on share price, sells of course. Good call on Starboard's part brining Clemmers to the table.

There is going to be be some major reorgs and fat cutting. I don't think the Triquint-RFMD Lackeys will survive overall. Arrangements like five supervisors for the the same group of people will not bode well.

There will be massive duplication of services. Redundant groups will be addressed.
Watch the management! True test of character now, watch what your manager shares with you. More than likely only concerned about themselves. And rightfully so.
This is an IP grab for Skyworks. Maybe some niche designers will be absorbed. Personally, I feel it couldn't happen to a more deserving management group!

Just in time for Christmas too!