#uncertainty

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Where is John Whelan?

After announcing major layoffs and the transfer of operations from Calgary to Edmonton, John Whelan has been completely absent. No follow-up email, no public address, and not even a presence in supervisor forums to discuss the impacts of the decision. Employees are left in uncertainty, while leadership has gone silent. It’s disappointing to see the person responsible for these major organizational changes disappear from view. Maybe he is busy setting up that "advocacy office" in Calgary....


Layoffs have changed this place so much

It feels like working in limbo. Everyone’s just waiting for the next round of cuts, going through the motions. It was never fun here, but it used to be friendly. Now nobody talks, everyone’s just waiting for the other shoe to drop. It’s so draining that getting laid off almost sounds like a relief.


Does anyone have any idea how many people might be impacted in the US?

I’ve only been hearing rumors, and they vary wildly. I’d really like to have at least some sense of what’s coming, because I’m genuinely worried about my job, like I imagine most of us are. The job market is terrible, and the bills don’t stop.


Just relax - Last one for this year on the way

Last one for this year - another 5 to 7k to Let go, Majorly in US, Silent announcement will follow in the next few Business Days = Thanks Giving Reward for the Employees (Rember next 2 to 3 years there will be a Huge Reorg is going to happen, that will be beyond what we have seen this year, this is just tip off the Ice berg)


Stop telling people to just leave!

Do you have a job you can offer me??? Trust me, a lot of us are trying to get out just so we don’t end up jobless. The job market is absolute trash right now. I’ve been actively looking for a new job for a year with zero luck. In my 15 years in the corporate world, it’s never been this hard to find something better.

Exactly what @rh+1k7f25vy8 said!


Any org that hasn’t been affected?

It’s been a literal bloodbath, with little to no official information, and people are reporting layoffs basically everywhere. The US seems to have been hit especially hard. This tells me we’ve been in worse shape than anyone thought, and that this round is just the beginning of more chaos. If the rumored numbers are true, there’s no coming back from this to anything even remotely resembling BD as we knew it.


Is anything happening?

The mentioned they wanted to be done woth everything as soon as possible (end of fiscal year?). We are approaching the end of October and it seems nothing has happened. Does anybody know if anything has happened? Within my group it seems like the news has been forgotten.


I’d be the happiest if I could just not give a damn about this job

But I’m a chicken. I’ve got a family, aging parents, bills that keep climbing, and debt that isn’t going anywhere, while the options out there shrink by the day. So yeah, I’m worried out of my mind. It’s not helpful, but I honestly don’t know how to help myself. Most of us don’t have solid ground to stand on or savings to weather the storm.


The new guy was brought in for a reason

There will definitely be changes. Given his track record, he might actually introduce some positive ones, but he could just as easily roll out sweeping changes that hurt all of us. Never forget who CEOs really answer to. We’re always at the bottom of the list when it comes to anything but cuts.


How long before this is all over?

How long are they going to keep us guessing? Until more of us decide we can’t take the uncertainty anymore and quit? It wouldn’t be the first time Exxon tried to force employees to leave by creating an environment that basically pushed people out. I don’t know if this is one of those cases, but I wouldn’t be surprised.


The hardest part about layoffs is not knowing whose turn it is

People are nervous and watching their backs, so now there’s this constant tension where nobody feels secure enough to plan their future here. It’s a huge mistake, and it’s going to cost this place way more in the long run than anyone at the top realizes.


Loosing good players

I found out many Cloud Engineering middle management people left OpenText because of uncertainty and mechanical behaviours of leadership. Out of curious, when i started talking to people over coffee , I learnt that IT under Chan*** have let go many long time, accomplished, hard working managers and that is making left out team quite delusional. I used to work for one the manager, who used to out 10 hrs a day even in weekends. This is ridiculous. No value for hard work n productive. Leadership is just a power mongers and replacing with their pets from other stores.


I’m safe…am I?

Is it just me or are you starting to envy those who are leaving? I’m supposed to be relieved that I still have a job but…I’m not. Something is really wrong with the way they did this last layoff. A lot of old timers got the axe. This pension I’m hanging around for won’t be there, will it? It’s so clear to me now that I’m standing on quicksand.


Citi giving $80BN assets to Blackrock for management

So earlier this month, it was announced that Citi is giving BlackRock $80BN assets for them to manage, and in the process, will be taking some CIM portfolio managers with them as BlackRock employees. I guess Citi is ultimately trying to get rid of in-house management. However, nothing was said about the back office and support teams that support the CIM business. There has been ongoing angst in my team and other teams about potential layoffs. Anyone else work with CIM and have similar concerns? Or am I just overreacting and it will be "BAU" as senior management says....


Steve's email on 9/16 and upcoming layoffs

Honestly, I don’t know what to make of Wayfair right now. The pay is solid and better than what I’d find elsewhere, but it feels like layoffs are always around the corner. It’s like every few months people are left wondering if they should stick it out or leave before they’re next. For those of us in North America, what kind of roles are most at risk? Is there actually a stable future here, or is it just about staying for the paycheck and dealing with the uncertainty?

And that email from Steve on September 16th… what was that? The message just didn’t sit right — some parts sounded like cuts, other parts like spending more money, and none of it made sense. Feels like leadership is saying one thing to us but doing another behind the scenes. Curious if anyone else feels the same or has more insight into where things are really headed.