Unfortunately folks need to be prepared. There are a lot more coming today and maybe even some tomorrow. This is probably one of the biggest they've done
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Too many good, gone...kept too many of the bad. Carolinas are still able to cheat while boasting numbers is a derision to all who work within professional rectitude. Less than honorable practices are continuing to go unchecked and often rewarded, and disguised as performance by pi-s poor leaders and their lack of true leadership Glad I'm not there. Wish it were them. It might make it a place worth reconsidering a return without the toxicity of Grey morals. God bless to those who are suddenly seeking a new source of income. Shame on those retaining employment under false pretenses and faux ethics.
What's crazy to me is all the people who sat and watched tons of people get fired and think it couldn't be you for years and now it's a shock. Anyone can be gone at anytime at any company. Never be surprised by greed or corporate America.
I heard 10% across the board. Unfortunately, I was one of 'em, after almost 20 years.
Logged in at 6AM to an invitation to a "mystery meeting" at 9AM with my director... It wasn't even a private meeting. They're letting people go in groups.
Any idea what areas are impacted?
Management has removed all severance packages, typically used to retain employees. They have shown no qualms about laying people off after decades of service. The raises have not kept pace with inflation for over a decade. Lastly, all bonuses and raises exclusively go to management.
What do you think they fear - perhaps a mass exodus for a week. If ALL employees walked out for 1 week first it would make some news as opposed to the slow silent death and second questions would start being asked. Its not like you have job security now. So what are you guys waiting for?