So an email went out to all L&D... It mentioned "internal talent" needing to get ready to apply for jobs. Ready, set, apply... The seminar is held at the end of March, so layoffs in the 2nd quarter?
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this training was a big nothing. wasn't even well produced. It looks just like they were trying to get their employee survey numbers up around providing opportunity. I got on a after-hours call for this.
posts here just like to get people worried
L&D has a lot of people staying in a job and never leaving or thinking to apply. So they’re trying to encourage L&D trainers and consultants to look towards different roles in the org.
Way to drum up some weird attempt to fear monger for an extremely light part of the org. Weirdo.
@3bqp+1fDKEcAm FYI, executives had a huge drop in bonuses when they were given out this year. Like 33% less, director level I know lost out on 75k so ED and above even more.
Not to mention the stock price dropping which causes even worse numbers for rankings which the bonuses are based on. This will be the last year for that as VZ seems to be more dividend base. But just know, they didn't RIF in order to get a bigger bonus. It's all because of a cut budget and them determining what they can drop and still do what they need to do.
Just the new Talent 365 program. Everyone gets it
That sounds more like a large scale retraining as they shut down a group or division
That is not how RIF works
HR analysts get the word a few weeks before
Run numbers on who has low performance, no education, and high pay
Notify directors Monday who can object
Directors tell mgmt Wednesday and have coach calls
RIF calls Thursday
Rest of the teams told what happens Thursday afternoon
There is no department lead up
If you are training they prob are guinea pig you some new program before you have to train it
I'm a trainer in that group. My manager is pretty frank with me and is on LT's and AL's staff calls..... I asked the same thing...... He said there has been a lot of frustration at the lack of quality applications for internal postings in the department...... Some management positions have gone unfilled for months.... Some of the best people seem content to stay in their same roles for years instead of step up.... Opposite of a layoff, desperate to keep people....
Same thing happened in network before they started big outsourcing. Make everyone reapply for their existing jobs. A good percent gets rebadged to the new agency who can then let you go without the big V taking a severance hit because you don't have tenure in the new company. You have 15 years with V? Too bad, you only have 1 month with bluefish agency so no severance for you
I don't recognize that department name but if you have any changes in the works that involve contract labor or other companies, watch out.
No upcoming layoffs there. That department trimmed headcount in December 2021 only to hire more heads in early 2022… Wrecking lives and eliminating jobs so some executives could hit their budget goals and get a large bonus. These managers are missing a heart, and a brain.
No doubt