I've been here for five months and my pay is among the lowest. I'm assuming I'm not exactly the type of employee they'll be targeting? Or am I wrong?
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Pros: you’re not expensive
Cons: you have the least tribal know-how, shallowest connections within org, no critical dependencies
In some teams, there is a last-in first-out mentality. No rank and file person is 100% safe.
@ab i never understood why HQ added the extra ED level, but the regions didn't. when i joined, that had just happened, and no one could really give me the real reason why. i always thought it was an unnecessary layer that just adds cost to the business
Let's be truthful, there are so many people that have been over promoted into leadership positions that should have never been there. And then you have VP reporting to VP2, Dir1 reporting to DIr2 reporting to Dir3. Those layers will be hit hard. There are a lot of people at Comcast that just collect a paycheck, they do just enough not to get fired. Not just here but really any large corporation. And sometimes I think they had it right all along.
@a5 reading this as a sr manager with no directs because they’ve all been let go in previous rounds and am the only one left doing the work
@ah this is why the layoffs will happen in waves.
Watch them lay off directors and realize no one is left to actually do the work
I had this same mentality - was brand new, told my role would not be impacted and to not even worry. How would they eliminate me when I was just hired? They wouldn't hire me knowing this was coming?
I was wrong - layed off and locked out that same day. That happened to me back in 2018 - it can happen to anyone.
@a3 not at Comcast. Very rarely does a mgr go straight to dir without becoming a sr. mgr. Only seen at the regions/divs where a Sr. Dir would go to VP whereas HQ has the Exec Dir roles.
People were literally promoted to higher positions a day prior to being laid off last October. They don’t care and anyone is game.
@a7 no, they are zeroed out.
@a7 if termination date is before vesting date, no
If someone is fired - does the person get to keep unvested stock?
No one is safe. What happens when the leader of the department gets an order from corp to let’s say “cut 20% headcount” they will obviously try to protect their friends. While it’s true if someone is higher pay, they have a target on their back, that doesn’t mean if someone is low-pay that their job is safe either.
i wouldnt automatically assume unless you are in an admin role that theyll try to automate with AI.
based on McKinsey's playbook, its most likely going to affect middle management. I would assume this to be the Director and Manager level but could be mistaken. If a role less than 5 direct reports theyll are either most likely going to remove said role and lay that person off or revert them to an individual contributor (or restructure more people under them). But if youre an analyst level employee, i wouldnt entirely fret.
but also who knows.
@a1 as far as flattening structure, if I had to bet on one level to be eliminated, I’d bet Sr Mgr. If I had to make a secondary bet, I’d pick Sr Dir to be eliminated.
@a1 Plenty of managers have become directors. You just trolling.
I heard this too.
Unless your last name is Angelakis or already assigned to his ELT I would be worried. If they're trimming layers then it will be at all levels. The rumors I hear is 6 levels to Steve. So that's Steve --> Layer 1 (EVP) --> Level 2 (VP) --> Level 3 (Sr. Director) --> Level 4 (Director) --> Level 5 (Manager) --> Level 6 (Specialist).
Again, how they level the VPs, directors and managers are TBD. But I'd suspect executive director and SVP may see the biggest hits. Sr Mgr and Mgr will be interesting as there's never really a direct career path from mgr to director.