If it goes based on severance, you already should know what the offer is. The way DE makes it seem is there is some actual offer. It’s not.
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@fc is it you? congrats.
@j2 why are you expecting fairness in this org? look around
@gp That doesn’t make it a fair situation. One would think it would be fairly important for a leader of that level to be engaging in “ in person collaboration” if that is truly the driving force behind RTO.
@b1 that EVP in Michigan has a remote employee exception which if you read the faq it's a thing. Jealous much? So weird people worry about others. Lots of people in product are remote.
@f7 I found the A hole
What does last year have to do with this year, mo--ns? Same with Halloween or Christmas. He's going to lay people off when he wants to. Anything after Nov 8/VBO deadlines is fair game.
Streaming got it
@da it wasn't 2 years ago. It was last year - October 29th to be exact.
Is anyone "expressing interest" ? I regret not taking the first VBO at times, and I genuinely don't know what to do.
@be last year the layoffs were this week (oct 28 to be exact) with a last day of Oct 31 - just in time to take the family trick or treating...
@a7 you know the inevitable why would you retire ? Smh
Did anyone in streaming not get the buy out offer? Or did everyone get it?
@b6 By November 18 they know the numbers. Layoffs might align to happen with Dec 8 as last date too with what happened in phase 1 . Just a guess.
Let's see.,
Layoffs happened around this time 2 years ago with the original Skydance / Paramount merger. If i recall, we were offered the voluntary buyout (someone leaked the list that gave the titles / positions that were being terminated) thats a whole other story but it was easy to figure out who some people were. I was easily identifiable due to race and age and i waited to get official layoff which was actually a bit better than the offer. Things may change now but people saying that they won't have layoffs over the holidays are delusional.
Go into 1515 on a Monday or Friday. The building is half full. There are also teams who got classified as Production which is not required to be in the office full time. They aren’t checking that closely. It’s a layoff tactic. Come on now.
@b1 yes so many VPs, SVPs, etc do not commute to offices. They live out in bumble f*ck and their teams have to come in and discuss sh-t in zooms all day. Makes zero sense!!! Teamwork! Let’s Go! Let’s lead blindly and complain when it fails.
Layoffs are coming and list either have or being asked to be compiled.
@bg Why not start Q1 with a massively reduced payroll?
@be Stop pretending executives (particularly billionaires) give a sh*t about anything other than their bottom line. Every big layoff I have ever seen or been personally involved with has happened at the end of the calendar year. This isn’t “A Christmas Carol” so don’t expect the ghosts of Christmas past, present, or future to convince DE not to lay off people around the holidays. He doesn’t care about his employees or morale… witness the cr-ppy RTO execution (aka transparent attempt to drive people to quit.) He cares about money. That’s all.
@ay I’m a VP with the company for a long time was offered two week per year of service.
@bd why not save the larger list for q1 2027.
Have to imagine layoffs will occur in November. Right in time for a Happy Thanksgiving. Lord, just get it over with already. The waiting game is brutal.
@b6 I’m curious about the same. I know things are different now but last year I think those who took the buyout had a last day of sometime in October and layoffs were also in October. It would seem cruel though to lay people off so close to Christmas.
There are lists. Anyone saying otherwise is either full of sh-t or out of the loop.
My assumption is that once the VBO window closes, they quickly move into Phase 2, which would be the cuts. If the VBOs don’t hit the anticipated target percentage, there are more than enough additional names to pull from to make up the difference.
Ellison isn’t particularly tactful, but he doesn’t waste time, to his own detriment.
If we don’t buyout, will they start layoffs from 8th?
This would work differently in some international countries and may not be as straightforward as it is in the US. Some countries apply different tax treatments to layoffs versus buyouts, and there may be mandatory regulations that need to be followed and became complex for thise high tenures. No one is certain what will be offered and it might not be the standard 2 week per year.They will do all that calc only for people submitting EOI.I guess lot of people will take EOI just to know what they will be offered
Upper leadership apparently doesn’t have to play by the same rules as everyone else. By the grace of His Excellency Ellison himself, they’re somehow exempt from being tethered to the office.
Let’s be real and look at where some of these people actually live. Apparently, in office collaboration is critical for everyone else, but not for them. Wasn’t one of the recent hires coming from Seattle or somewhere out there?
And isn’t there an EVP based in Michigan? I don’t recall us having an office there. So how exactly does the whole in office collaboration argument apply differently depending on your level in the org chart? Fu-k all of them
If only for VP and below, what’s the number who received vno? not everyone received the two weeks per year that’s for sure but what’s the number is it 35,000 people got this last email or what is it ? press is gonna go wild if it’s a really high number and why didn’t upper level get the vbo? Is it because they have contracts?
@ay Yes + they got more than the two weeks per year
@aw VPs?
@aq SVP and above were not offered the buyout. At least not this buyout… they are in a different club brother.
Any idea if even SVPs were offered 2 weeks per year of service? I reckon everyone was offered this
@a7 nobody can be this stupid. We all knew another buyout or layoffs were coming. Why would you retire?
There is no offer. The offer is exactly the same as if they fired you.
Yes, come and join me. It's time, all you blood bags retire.
Fck!! I just retire one week ago. Can i still get the package?
Union and international. All regular eligible employees should have received their email with a link to show your projected severance, if opted in.
afaik, EOI only applies to union members
It's just a legal term. Expression of interest = "yes, pay me out bro Im done here"