Thread regarding Sabre Holdings layoffs

4000 furloughed

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| 7013 views | | 14 replies (last April 26, 2020) | Reply
Post ID: @OP+14BIEtT2

14 replies (most recent on top)

it's 70% furloughed over here at Singapore APAC office !

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Post ID: @4swk+14BIEtT2

1/3 company-wide but they couldn't furlough in India (laws). So that translates to 1/2 of the workforce outside of India.

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Post ID: @4sxg+14BIEtT2

Sabre Corp furlough are not 3500 in the US only but worldwide

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Post ID: @2oss+14BIEtT2

Why is this being called a furlough?
What does that serve?
Was the goal to structure the lay-off in a way to protect h1b workers?

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Post ID: @1jem+14BIEtT2

Sanjay may not have bachelor degree from college. He may do some diploma course in unknown training institute And then wrote a resume with all kind of technology he heard of or company asked for. As you know Sabre does not verify candidates deeply during interview so he got the job. Now Sanjay thinks he is smart

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Post ID: @1ope+14BIEtT2

I was notified today that I will be part of the furlough bloodbath tomorrow. I can confirm the US number is in the 3300-3500 range.

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Post ID: @1wlg+14BIEtT2

Teams meetings with BLR are all the same, hard to understand and obnoxious. Cheap people in every way.

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Post ID: @1dei+14BIEtT2

AMR spun Sabre off in a stock deal for $6.2B in 2000.

Sabre went public with a market cap of $4.0B in 2014.

Today, Sabre’s market cap is $1.5B.

Yes, there will be layoffs.

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Post ID: @1gti+14BIEtT2

HR email said a little more than a third. 35% of 10k is 3500. It's going to be a bloodbath tomorrow...
Note that with the CARES act, we can get like $1k unemployment per week for the two months of furlough.

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Post ID: @exl+14BIEtT2

well 1/3 of sabre is over 3000 so 4000
isnt a stretch

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Post ID: @sad+14BIEtT2

The scarf queen said it would be more than 10k

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Post ID: @vdl+14BIEtT2

@qcc+14BIEtT2 Fauci says 5-7k furloughed. And if you can't trust the guy behind the aids debacle who can you trust?

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Post ID: @spw+14BIEtT2

4000k really? Why not say 6000k... who comes up with these numbers?

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Post ID: @qcc+14BIEtT2

What's the source of number?

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Post ID: @wzk+14BIEtT2

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