Thread regarding Sabre Holdings layoffs

Good experienced people once again let go

Last layoff was once again majority older folks and they were not 'dead wood'. Good experienced people were once again let go. Layoff was due to a loss suffered by Sabre yet those let go had nothing to do with the loss. 'We want people lining up a the door to work here to retirement'.....LIES! Such a pity that what was once a great company to work at is now just a stepping stone - that is for both, grads wanting to gain experience and top tier seniors for financial gain.

Exactly what @ZFExTED-Cfdc said.

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| 3881 views | | 8 replies (last August 12, 2019) | Reply
Post ID: @OP+10izGxEz

8 replies (most recent on top)

dpve, SM was not hired to instill vision or remake Sabre into a "true world class company."

He was hired to steward Sabre through its private equity owners' endgame in s—ing Sabre dry of all nooks and crannies of capital he can squeeze.

This is an article from Matt Taibbi in Rolling Stone a few years ago. Sabre is being drained of all value via Leveraged Buy Out (LBO) by corporate raiders TPG and Silverlake.

https://www.rollingstone.com/politics/politics-news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-183291/

Or as writer Matt Taibbi put it in another article, he is like "a great vampire squid wrapped around the face of [Sabre], relentlessly jamming its blood funnel into anything that smells like money."

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Post ID: @dyin+10izGxEz

@10izGxEz-dpff

You are spot on. Technical people left behind know this very well, if they have still not left they are here for their severance or due to immigration issues or family situation or they are in.

Each time i log onto linkedIn I see connections change their company to some ..XM, capit.., ..Air, intu.., ama.. good for them.

These were people who built core features and services in last 5-10yrs, not the type- 2-3yrs in sabre, still no code in production like many in India. I know people who went beyond and took other team's work during the crunch time and were laid off next quarter. So no need to be nice and do the charity when there is nothing in it for you, while your Manager or Director might be making a backdoor deal and even planning to lay you off soon.

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Post ID: @dpve+10izGxEz

As someone that is involved in planning I can tell you US reductions will continue to continue. Cost cutting is the only value point “leadership” knows and values. These guys have never been good at sales or innovation, so they stick to what they know. If you are in a tech role or VP and down and in the US, you WILL be gone at some point. If you’re in non tech support roles, You’ll be cut as well. Less US staff, requires less US HR and most jobs can be done offshore and are cheaper offshore. Including procurement and basically any support group.

I realize now, those that have left already (either forced or voluntary). Really were the smartest people in the room. There’s no value to wasting future years of my life at a place that is ultimately going to stab me in the back at some point. I want to make a difference in this vertical. I want to make change and inspire the market in new veins of innovative solutions. Unfortunately the marrow of life has been s—ed out of Sabre, and it’s not the little guys fault.

SM. When you are so concerned with costs that you’re CIO takes a cheap uber, or you fail to keep your teams trained and inspired to innovate for you, or you don't encourage the teams below the vp level to visit each other in their diverse locations. You’ll even take money and repurchase stock instead of investing in your own people. You are great at cost control, but you are very weak in aspects that make a true world class company. Such small visions at Sabre, c-level - VP level.

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Post ID: @dpff+10izGxEz

It's easy to release experienced people and reflect reduced expenses/headcount for the short term. It's very basic short-sighted and short-term math, and our CXX folks are good at it.

When there's a difficult issue or subtle bug - throwing lots of cheaper new resources is not going to cut it. So who get's screwed - the customer or the CXX person who's already collected their bonus for the previous Q?

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Post ID: @cygj+10izGxEz

Literally EVERYTHING is going to Amadeus it seems.

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Post ID: @3jbe+10izGxEz

C'mon. Townhall where they brag they've made savings via recruitment freeze and layoff. They even stop to pretend that they care about culture...

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Post ID: @1hjw+10izGxEz

Best work surveys and culture club will keep 'em distracted while we prepare those exit packages for thousands. The KRK office can hold 1/3 of Sabre.

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Post ID: @1upl+10izGxEz

Was it because of the Revenue Management deal Alaska signed with Amadeus, or load planning also gone to Amadeus (both LATAM and Hawaiian?)

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Post ID: @sut+10izGxEz

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