More people got cut today, despite a big wave happening this past Thursday. If you even get an itch that something is off (more work, less work, more micromanaging, time off not being approved or acknowledged), it could be a sign. Stay vigilant, keep having conversations with your peers and network, and start looking elsewhere before it's too late. There will probably be more just based on the stock.
Posts mentioning hashtag #lookingoutside
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I'm searching for a new job like crazy
To say this ship is sinking would be an understatement.
Look for the exit
Never stop networking and checking job boards even if you're comfortable. A better environment makes all the difference for your mental health. Open Text isn't the end of the road, so plan your next move carefully.
The only way through this is to be rational about it
I’ve learned the hard way over my career that stressing over a job takes a devastating toll on your health and well-being. We also know performance has little to no impact on who gets laid off. Believing you can curry favor by working yourself raw, only to feel guilty later for not doing enough, helps no one. Do the bare minimum professionally, but don’t go the extra mile. Always be on the lookout for other opportunities. Don’t take anything personally, and stop stressing about office politics or the next potential layoff. Be good to yourself.
Well, I’ve been preparing for a while now
I never expected all these recent decisions and developments to lead anywhere good. I’ve finally landed an interview for a decent job. It’s not much of a pay raise, but it looks far more stable. I hope it works out, because staying here just waiting for things to get worse until the axe falls is a disservice to yourself. I’d recommend putting your own interests first. Maybe the rumors about immediate massive layoffs aren’t true, but they are coming. Oracle has become a hot mess, and we’re the ones who’ll end up holding the short end of the stick.
How easy is it to transfer internally to a different role/team?
Am I better off applying externally?
Outlook
It is no secret that the overseas agents were bad. The ai tools were good sometimes, other times totally wrong with what they said and not helpful. I understand using tech to make it easier. But I have serious doubts that the actions they have taken this month will benefit the company, remaining employees, or customers. In my mind I thought I'll wait it out and when they realize it was a mistake, I'll apply again. But the more I look for new employment and the more time removed from Wayfair, I don't think going back is a good move. Which su-ks because I liked a lot of people there. At this point I'll be happy to get my w2 and be done with them.
Just Sad
Coworkers laid off last week, this week I hear the product I work on is being gutted. Some will move to other areas, others will be let go. For the “lucky ones” that remain, it feels like we are left behind on a sinking ship. Lower 401k, no hopes for promotion, they removed our bonuses, and after the earnings call today it seems things will continue to get worse. Besides the people I work with I can’t think of a single positive thing about working for this company, and ironically they’re in the process of wrecking that last part. The toughest part is that we can’t complain about low morale because that is by design. Leadership wants people to hate their job so they quit. Things are looking bleak - decided to start looking outside the company today.
100x stock price crash..
Is this what Sandip Dorkani meant by 100x, crashing the stock price? 52 week low of 234 could be reached at this point. One disaster after another lately with leadership. Brush up your resume and look elsewhere, the only thing that will 100x now is layoffs, if that is even possible
Searching for an exit
I'm actively looking for a new role and sending out applications weekly. This place is notably worse than any other bank I've worked for. The overall environment is just not functional.
Jumping ship?
I’ve agreed to go out for an interview with a competitor. Never thought it would be me looking for roles outside of XOM. I’ve enjoyed my career for the most part, and have generally been ranked well in my 10 years. Past couple of years I got 10%+ raises, but I feel like that’s just a fluke and worse times are around the corner.
It’s sometimes hard to picture leaving when I think of the long term pension and the comfortable career I have. Am I an id--t or is this the moment to leap into the unknown?
I hope by now everyone realizes this is not our old company
Don't expect them to treat us any better than any other corporation. Old Cargill is pretty much dead. If anything, that's what we learned last year. I expect what's coming to be no better. If another opportunity presents itself, don't hesitate. Even if you're a veteran.
Don’t let AT&T take advantage
AT&T doesn’t really care if you grow or improve, they just use your work to make a profit. Once your skills aren’t the hottest thing, they move on. Focusing on your own development and opportunities outside the company makes a lot more sense.
I hope all the recent developments make you think about yourself more
Bottom line - don't get stuck here. We've seen they can spring layoffs on us without warning. If that wasn't a wake-up call to stop being complacent, I don't know what is. We all tend to seek false security and get set in our ways. You're not doing yourself any favors. Better to be prepared with other options lined up than to be caught off guard.
If business has been doing well, that still doesn't mean there won't be cuts
There's no limit to greed. We get the short end of the stick whether the business is booming or busting. Don't ever relax, especially in retail. Better to always be on the lookout for other options. You never know - you may come across a better opportunity. Yes, even in this bad economy. There's life after Macy's.
Leaving Comcast is a good thing...
I went thru several layoffs with Comcast and each time I scrambled to "get back in". In hindsight, I should have let go and moved on much sooner. It's just a bad relationship, let it go, your new work family is waiting for you! I know for some of us older folks it can be difficult to recover, but trust me, you will. You might have to do something different, you might make less, but you will be in a better place. You should be proud of the work you did for them, but it's time to be open to what's next for you.
Starting at a new company has made me wish I left Cargill earlier
A post to encourage those who have been impacted and are worried about what is next. It really does sadden me that the company which I used to take so much pride in working for has lost so much of what led to its success. It was a great place to have a career. In its current form I wouldn't advise anyone I know to work for Cargill. Best of luck to those still in the job hunt. Better days will be ahead once you are beyond Brian Sikes and the rest of the clueless Cargill "leadership" team.
Cargill has really lost it's long term vision.
Great talk
I had a great talk with family over the holidays about my career.
I'm fixing to move on outside of firm as this place stresses me out to much. I'm not waiting around for a new LP offering; VSP or ISP.
What’s the latest?
A lot seems to be happening, but there’s still no clear picture of how bad it’s going to get or who’s most at risk. HP feels completely directionless, and while I wouldn’t mind leaving or even being let go, the job market, especially for us, is awful right now. So yeah, I’m worried. The money has to come from somewhere.
Outsider point of view
This company does not demonstrate genuine support for its onshore employees. Although they offer retention bonuses to individuals acquired from other organizations it is not fairly across the board, they simultaneously create conditions that make it extremely difficult for employees to fulfill their contractual obligations eliminating their retention bonuses obligations. The strict “no bench time” policy, combined with the expectation of securing billable hours immediately, before assignment ends results in employees facing the threat of termination through no fault of their own. Employees submit multiple internal applications submitted with large amount of rejections.
I strongly advise caution when considering employment at Deloitte. The constant pressure to find the next billable assignment creates an environment of ongoing stress and instability. It is counterproductive for the company to acquire skilled, intelligent employees only to undermine their tenure and contributions. From the outside looking in, Deloitte’s constant rotation of employees can make it seem as though they are trying to hide their inability to properly support projects
Additionally, there are concerns regarding the company’s independence, as employees are often pushed toward using preferred partner vendors from which the company appears to financially gain. Dictating what companies you can do business with.
A little fear
The truth is that a little fear is good (for us that have been so comfortable with Target) it’s helping us do something we might have not thought about doing. Looking outside of Target. This is not the Target I know anymore. For those of us in Minnesota, things will be tough. Stay strong, update your resumes and start looking, even if you make it out.
One should neither consider their job safe nor tie their career to Nike
The days when that made any sense are long gone. Layoffs keep happening, smaller and more targeted, which means it can hit anyone at any time. The chances of Nike returning to its mythical glory, when it was fun to work here and the company was vibrant, flexible, and creative, are very slim. It’s better to stay alert and keep your eyes always open for other opportunities.
With the Government shut down, not good to be on the Bench right now. If you did not receive layoff notice this week, most likely will next week
When internal jobs are open to fill, most, if not all Booz Allen managers do not give priority to employees facing layoffs. I don't ever recall hearing the Booz Allen Hamilton CEO, or the many Vice Presidents, Principles or Directors come out and state that Booz Allen employees facing layoffs will be given first priority in filling internal jobs.
In fact, the last three external hires who onboarded in my group, came in with weak skills overall. Seems like Booz Allen internal candidates facing layoffs would have been a better bet.
If you are employee on the bench, unable to find new contracts to support within 2 days after being placed on bench or concerned contract, you are supporting is going to face cancellation or funding reduction. Don't delay in looking outside Booz Allen for new job. Don't forget to mark your LinkedIn profile as available or looking. Then hope for the best. If offered job with another company, leave Booz Allen Hamilton in rear view mirror and never look back.
People say Booz Allen was a better company before going public many years ago. I personally doubt that.
Wait to start applying?
Have you all that were recently let go started applying elsewhere already or are you waiting?
Have you started applying?
I have no intention of waiting for the last moment and then competing with everyone else who’s been laid off for the few jobs that’ll be left. Yes, I won’t get severance if I leave on my own, but frankly, I’d rather have a job than some money and the uncertainty of finding something else.
Walking away was the best choice I’ve made
Nike su-ked the life out of me, and now I actually feel lighter, with my days finally my own again. Leave. It gets better.
Is job security gone for good?
I could deal with layoffs if I knew they were truly necessary right now, not just a crutch every time earnings, expectations, or anything else take a hit. What are the chances that is actually the case, or should I just start looking for something else now?
Twenty Seven Weeks, Still No Job
I’ve been let go 27 weeks now. No interviews and no offers. I had one call back but with no decades long experience managing VMWare, that prescreen was over in 5 minutes.