Please post here anything you heard about layoffs in Europe.
THREAD ABOUT APAC LAYOFFS
Please add here anything you heard about layoffs in APAC.
Advice for employees who are union members
I’m a long term union member In the UK. Can I insist on having my union rep present for any meetings with managers and HR?
Who's deciding who's out? Need feedback please
I wonder who decides who stays and who leaves... Do the managers receive a list of names or do the managers do the list? Seniors and people with the higher salaries are always the first to go? I work in ops in Belgium, I have a very small salary... — read more
This is too much
The fact that right after layoffs are done I can't stop worrying about more coming maybe as soon as later this month is not normal. It's the weekend and all I'm doing is looking for more info on what's to come instead of relaxing with a game or a... — read more
When does the layoff start in Europe?
I've read that it begins the 23rd of January... Anyone here to confirm it? @ my office nobody knows nothing, just that we are going to be impacted
Ethics has left the building
I have only myself to blame for believing that my role will not be affected. The manager informed us that we should not worry. After that we received a notice. So many years of loyalty to this company... and now of course I feel cheated. Anyone... — read more
Same day, same funds , different company. Elliot / Evergreen vs Citrix Tibco . 15% OFF
the layoffs are “brutal,” with a source telling the publication that “it’s a sad day for a company that pioneered the VDI [virtual desktop infrastructure] market.” Another source told CRN that the layoffs were the “largest Citrix has ever had.” ... — read more
Just told of Second round of layoffs for US
Was told to begin knowledge sharing with one of my direct reports who has been here 12 years and was told that a second layoff would occur during the restructuring as it reaches the lower leves
Nielsen is NOT ABOVE THE LAW... WARN ACT VIOLATION??
YOUR RIGHTS UNDER WARN: CALL-ASK QUESTIONS- GET THE WORD OUT. This is what happens when you lay off your CHRO.. There's strength in numbers!! DK gave an 8 min notice!!! U.S. Department of Labor 200 Constitution Ave NW Room N-5641 Washington, DC... — read more
Can they just rip off the bandaid? This is torture.
All I’ve heard is more layoffs can be expected throughout the first quarter/more layoffs are coming. Luckily I made the first cut, but how the he-l am I supposed to keep my head down and just keep working? Do I look for other jobs at this point?... — read more
Anyone aware of anyone being let go today?
As far as I can tell there’s been no movement in my department today. Everyone is still highly anxious just waiting for the axe to drop at any given moment.
Profit increase based layoffs
I Hope All Let Go Will Remember This Is Not About You Personally. It is About Increasing Profits. I Hope All The Survivors Remember What Demon David and Private Equity Are All About. Survivors Update Your Resume And Abandon This Sinking Ship.
Is the layoff over in the US?
All I need to know is if I can breathe yet. Is it over in the US?
Managers' influence on decision making process
I'd like to know to which extent are managers' opinions factored into the decisions to lay off an employee. Some say that managers were not consulted for the layoff. What do you think?
Any POC laid off or just white people?
Just curious. Seems like the only people I've heard that were laid off were white people. Wouldn't surprise me if they were directed not to lay off anyone that might be BIPOC. Thoughts?
How do they choose who to lay off?
As somebody asked in another thread, how do they pick who to lay off? Judging by some of the people we lost today, it's definitely not performance (some of our best people are gone) or seniority (people with over a decade were laid off over people... — read more
Nielsen Layoffs Day 2
So we had our first round of layoffs on 1/11/2023. I personally saw the Slack accounts of 7 of my extended standup teammates deactivated and also found out that 2 VPs of DS also got terminated, one of which has been with Nielsen for over 20 years... — read more
Main Nielsen layoffs thread (January 2023)
Since there is almost no transparency from our management, let's please put the info we already have about these layoffs into one place. If you are impacted or you know someone who is, could you please share info about: location (EU, part of... — read more
Huge culling tomorrow 1/11
It’s happening tomorrow 1/11. Say your goodbyes to colleagues, pack up your stuff because it’s closing time for you at this shithole company. Don’t worry, you will never have to deal with these overlords again. God Bless
Nielsen is restructuring - starting from the C-level
https://www.forbes.com/sites/bradadgate/2023/01/05/under-new-ownership-and-continued-competition-nielsen-is-restructuring/
Massive Layoffs 1/11/2023
Over 250 managers including CEO were on a call today with HR and taught how to lay off people on Wednesday 1/11/23. If you get an invite. Get your stuff off your laptop you may need before because as soon as they hang up with you- you’re gone and... — read more
Layoffs are coming
Whoever thinks differently is naive. Open your eyes and see the writing on the wall. Otherwise, you're in for a rude awakening.
This is what we know so far
We're talking about the subtext. He said that whatever will happen was part of the plan from the beginning and that the consortium is not responsible. He also said we're in a recession, that the company has a lot of debt+high interest rates and... — read more
Nielsen Layoffs 2023
This thread is for info about potential Nielsen layoffs? Any chatter, news or rumors?
Managers Informed- Layoffs Coming!
Managers told layoffs are coming yesterday and they cannot backfill open positions.
Who else has the feeling that cuts are around the corner?
Perhaps I'm just feeling too anxious.
October And November After Sale Layoffs?
Any Guess How Many Will Impacted After Sale?
Layoffs in August
Are rumors about layoffs in August true?
Don't wait for life to happen to you
It is utterly ridiculous to wait for weeks or months for your life to HAPPEN to you. Make it happen. You only get one, and yours is not going to be going that well if you let this get toi you. Take charge now. Brush up the resume, get the premium... — read more
This is for the best
Nielsen as it is has no future. This could turn out to be a good thing. We'll have to wait and see.
This is the last thing I needed
I'm under strict orders from my doctor to reduce stress in my life due to some health issues I've been having. This news has managed to singlehandedly undo all the progress I've made in the last several months. This better be done quickly so we know... — read more
I went digging on this forum and found this:
Elliott Management Repeats 2017 Strategy I think at this point nobody is surprised any more - they will continue to cut and to seek those cashflows that they came in for. Plus, let's load Citrix with tons of debt too while we milk all that sweet... — read more
Elliott is known for mayor cuts
Expect to see major cuts in the next few months. Every company that was taken over by Elliott has gone through huge cuts in costs, and the biggest line is always employees. This will not be pretty. I hope they provide respectable severance, but I'm... — read more
Media Measuring Company Nielsen to Be Acquired in $16B Deal
Looks like it's happening after all... Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a $9 billion... — read more
Management is Nielsen's biggest problem
Horrible, incompetent management that loves to micromanage to make sure they're in control, only most of the time they just make everything run two or three times slower than it usually would. In addition to that, they use intimidation tactics to... — read more
Layoffs due to Nielsen takeover by Elliot investor group?
Any guesses how many employees will be fired?
Nielsen will soon become obsolete
It's already nearing that point and it's only a matter of time before it happens. Layoffs will become a weekly thing very soon. I keep telling everybody I work with to start looking for new jobs but they refuse to see the writing on the wall. You... — read more