Thread regarding Illumina Inc. layoffs

@qt+1jn7ssfkt 50%? They had mentioned a 20% decrease in AEGs for AD and above, and no raise for the ELT this year?

AD and above are actually taking close to 50% haircut in the RSU grants this year. Given how top heavy the org is, I am surprised that it was not enough. It suggests that there is some much deeper financial issues upon us. Would not be surprised to see another RIF in the very near future.

I'm actually surprised how tone deaf they are too. That was the worst company meeting I've ever attended.

I have been an Illumina employee for a LONG time. I have never considered leaving Illumina until now. I truly believe the “soul” has been su-ked out of this company. It is not what it once was. I have found myself asking more than once over the last few years if this was the beginning of the end. Management continues to take take take all while demanding more more more. The level of talent that has left this company is truly staggering. I fear even more will soon follow.

As we know the next steps will be this useless Power of I survey that they will want to hear our feedback. As someone who has been here for MANY years this exercise is pointless and futile. It only serves management as saying we are listening to you. We hear your concerns. This will be immediately followed by follow up meeting to discuss and clarify the results. I suggest a new approach. When the inevitable survey comes along NO ONE fills it out. We show the same ambivalence they show us back to them. I believe this will send a stronger message than a strongly worded response on a useless survey. They love to tout the engagement numbers let’s at least take that from them. I for one will no longer fill out any surveys for any management group as they are useless. Just my two cents. Hope others will follow.

At this point they are better off by just saying in all hands "beatings will continue until morale improves."