Does anyone know if Sabre will furlough instead of layoff?

Is Sabre borrowing vast sums of money or repositioning debt for Chapter 11? https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/sabre-corporation-announces-offerings-senior-120900120.html

"I can't answer that" or "I don't know." Translation: we're still crunching the numbers with airlines shrinking post COVID-19 by 30-40% you can bet Sabre will downsize an equilateral amount. Prepare for the mass purge of US employees for a 5:1... — read more 

For those of us who volunteered, this waiting is difficult. Can our managers give a hint like "I think you will be offered severance" or "I won't stand in your way"? Will anyone be notified before April 21, or does everyone have to wait and be... — read more 

In the US, can you file for unemployment pay to compensate for the pay reduction? I have a friend that claims this can be done if taken a pay cut. Any truth to this?

Does anyone know what was the take up of voluntary salary reduction outside the US?

If statistics hold, we may actually "lay off" about 550 people due to death by COVID-19. Not trying to be morbid, these are facts. HR or "People Team" don't get any ideas about moving us back to Tier 1 to up the numbers please.

If you are in DFW you've made your call. Did you stay in the game ? Did you get out ? If you stayed, The next 100 days should very interesting. I promise you this. Most of us aren't getting out alive. If you left, Was your severance long... — read more 

Would sabre be able to get any part of the bailout money created specifically for airlines and travel industry? If so they would not be able to layoff anyone till September correct?

This is really not related with the current crises. Someone in the HR decided to outsource the 5/10/15/20/25 year anniversary gift giving to an outside company. You can, literally, have to choose one of may "totally c-ap" stuff as your gift. None of... — read more 

I just wish the Sev packages were fair. Again take care of the rich over paid SVP /VP / Director levels and leave the commoners with no incentive at all. Everyone should have been offered at least 39 weeks. BS. Now i have to wait this out a... — read more 

During this Covid-19 time, most of the companies are saying that they will not lay-off their employees. I hope Sabre will announce the same so that people can feel little relief. There are lot of lives which are dependent on this. Company should take... — read more 

If I take the voluntary enhanced severance then how long is the non-compete in force and which potential future employers does it apply to? If the maximum severance is 6 months but the non-compete is 12 months then that shouldn't be legal and it... — read more 

Current unpaid leave program ducks since you don't have any surety that you will have your jobs afterwards even you are doing it for greater goods. Sabre could have come with a better plan where they can encourage everyone to take these leaves... — read more 

One of my friend told that he did not get the 15 percent payout in the current check. I can see that pay cut in my check though. What does it mean? Will these people are safer if Sabre will do lay-off in future.

For those in DFW, has anyone looked into whether or not taking the enhanced severance package leaves one eligible for unemployment benefits. I know Texas has some stringent qualification criteria for unemployment normally.

Confused, please help. Let's say an hourly wage employee makes 2K per week and has 10 years of continuous service. {Using round numbers for simplicity} What is the enhanced benefit severance amount ($) for that employee? TIA.

Capping all upper management salaries at 250K will probably save hundreds of US jobs and/or thousands of non-US jobs. If any manager/VP/SVP thinks he/she is worth more than that, he or she can find a job > 250K, and then Sabre can match it. But I... — read more 

I came to knowledge that people who volunteer for pay cut will be saved. All other will be considered for layoffs in first place if necessary.

Is this an option for Sabre? Do you think it would make a difference with impending layoffs?

SM is doing a good job leading the organization through these difficult times for the industry. Managing through this is not easy and he has made several tough decisions that demonstrate his commitment to the people and longer term objectives for... — read more 

What are your thoughts about the voluntary nature of salary cuts for all non US employees. If you were asked to give up a percentage of your salary would you do it?

Menke's base salary was $966,000 in 2019, but he was paid $8.8 million in total compensation, according to regulatory filings.

Don't lose hope folks. This is not end of the world! Pray and stay safe!!!

What happens if it drops to zero?

Waiting to see what "Enhanced" Severance really means, but I'm looking forward to jumping ship if its got decent financial incentives ! Thank You !

What would you double-down on, what would you eliminate

You just saw the options. Stay or TVUL or VS or VER. Which option do you prefer?

Importance of products in terms of continued work in 2020 are being stack ranked aka "who is expendable?"

Hope you guys are all doing well in this crazy environment. Wherever you live and whatever you do stay strong and healthy, my best wishes

The truth is, a fair share of this "downturn" is Sabre's inadequacy, especially in the tech industry. We've blew $x,000,000 for our transformation only to say "let's start over". As a company we can't stick to a decision for longer than it takes to... — read more 

Considering stock price is hitting $7, anyone is buying our stock for long term? Will it go lower??

We are a travel related company and we know full well about the coronavirus and other companies are asking employees to work from home. Sabre has yet to ask employees to work from home. If anyone gets the coronavirus, would they be able to file a... — read more 

Can anyone explain to me why Amadeus is trading at around 43$ and we are at 8% ?

The HR "leader" quit. Maybe this forum had something to do with it? Maybe she didn't want to be involved in the mass-layoffs we all know are on the way.

Given that this year a merit increase is highly unlikely, why not give the employee the rating that he or she has earned, and ignore the famous bell curve for once? The company loses nothing and it wont cost a dime.

Another year that I have to downgrade my employees from outstanding to successful because my VP and SVP want everyone to be no higher than successful since it will be harder to justify laying them off or having to give them more VCP, which they... — read more 

While I appreciate any bonus it feels to me as if 55% VCP funding in a year where we did more to advance this company shows me the year of the people was totally false. Isnt 55% the lowest level of funding ever?