I know of two people who were let go in the last couple of weeks. Both received severance. This is the first time I've heard of people being let go with severance outside of regular layoffs. Is this something that happens often?
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@t1 Stink? Playing right into the leadership plan of divide and conquer you buffoon. Don't blame your replacement. Instead focus on the decision makers who made these decisions.
You will be replaced by a stink, and you will be grateful.
I know of 2 laid off in TPS last week.
Happened this month many times at Elavon/MPS, nothing sadder than when people start looking for people who were tossed with no public notification, no alternative points of contact and no transition of work or responsibilities
Silent layoffs have been occurring for years to all kinds of people at all ages, one or two employees here, one or two employees there, usually with some kind of reorg or redrawing of the reporting lines.
It's been their shady practice for years. My favorite part is when you start asking their managers who the replacement is for XYZ and all you get is deer in the headlights stare because they don't even know the full workload of the people being cut.
Pro tip: Never ask who the replacement is. It will become you.
In WCIB operations, they told us to get excited about GCC India.
Why would I get excited about my jobs being offshore to GCC India?
Hopefully. There is so much waste around here and lazy people with cr-p attitudes. Would be nice to get rid of the toxicity so maybe we can just get back to focusing on work and enjoying the time we are working. If you’re worried, you’re probably the problem and I wish you’d just walk yourself out.
We were told this week that we can expect chunks of our org will be offshore in 2027.
It was pitched to us like an opportunity we're supposed to be excited about while being told we're probably losing our jobs.
Like what the fu-k.
Because of GCC now there are cuts anytime they have replacement in place to do your job in India.
What department just got layoff?
@ap sorry to hear. Hope your severance was good.
Just happened to me
Yes, my department for the past 3 years have laid off 2 to 3 people every 6 months for various reasons such as working at a branch, then not working at a hub, then not working at main hub.
Soon, probably lay people off for not in same hub as manager or being remote.
It’s small layoff here and there, no mass layoffs to avoid negative news.
Loki at head count, we were at 70 k employees in 2023. We are not at 70 k employee now and many employees have been replaced in India
This is the new MBA/McKinsey/Welch trend. Just have constant trickle of layoffs so that you can avoid WARN notices and other publicity.
I speak from experience at another large corrupted corpo. having gone through exactly this.
Just curious, were those 2 people a specific demographic of folks? Just collecting data....