Heard from a HR friend that internal email with headcount reductions is the 26th with the official notices going out 29th. We are stilling getting our bonuses maybe as a way to soften the severance?
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Stock is a $21. All leadership should be fired - how embarrassing. I remember when it was in the $60 range. They really drove the company into the ground with poor customer service, horrible internal systems, and pi-s poor leadership.
@ap What level was your role? It's dependent on that.
@ad I'm not, definitely do not like this, makes me feel, why plan to do all this work, when I may just be gone.
Last year this was the timeline:
Late Sept - Division leadership recorded meeting went out saying divisions were gone
Mid Oct - Official Email from HR saying I was laid off
Dec 31st - Last Day
Severance: 14 Weeks. I had only been at Comcast for 16 months.
@a7 Yes
@ac well if that’s the case, I and def cooked. I have been hearing people say directors.
This is so stressful. How’s anybody getting any work done?
That sounds like a management deal. I'm talking about lower workers/grunts caught in the "reorganization". In the past, we got an extra few weeks to work and then the door.
@aa I think the OP meant annual bonuses in March. Also, if like last year, it would be gone as of Dec 31st. So 60 day notice.
Payroll is the 25th/26th so the would be really fu---d up to mess with the bonus in addition to laying people off that week.
Is this a work four more weeks and then you're gone plan. Or everyone is outnthe day of. Most likely depends on your position i would guess.
Those that were impacted last year still got bonuses so that makes sense. Here's to hoping they don't change the severance packages for this largescale and it's still tiered towards title and tenure.
Is Comcast Business unit impacted?
@OP any indication on which departments or levels will be most impacted?
TRICK OR TREAT!
Layoffs or voluntary retirement offers?