It's the end of the week and month - does this mean we are done with layoffs? At least for now?
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It is just the beginning. 2/3 good people will be layoff.
Look for a phone call Monday. I just got a call from my boss apologizing and said I will get the call Monday. Apparently the furloughed employees at NB main campus will be hit hard.
Layoffs gonna last a while no need for our services, market very weak.
More layoffs coming through at least mid May.
Lay offs will continue beyond yours.
They have to do it piecemeal, otherwise it overwhelms HR, you know the id–t(s) that slip on the bottle when they get up in the morning. Remember HR = human remains. They protect the company not the employee. Most do nothing.
And JM said on the last earning call , we have 50,000 employees. So we cut 5,000 during q1
Per the email from the CEO. Through the 1st of May. I’d say till May 15th or so. They aren’t going to keep going on for months and months. I don’t know why people keep saying this. We have let almost 9,000 people go since January. That’s an almost 25% cut. We aren’t going out of business. It’s a downturn, not the end of the company. We had 55,000 people Jan 1st.
Layoffs will continue for several more weeks
This is what I think too .