Does anyone know if there will be more TAM Layoffs coming now that everyone's been given a new title?
10 replies (most recent on top)
Any update for us based in Europe?
The new job title for field rep will just be Technician 1 & the former FR leads will be Tech 2.
@yp True, however all the current owners really care about is their dollars invested, not other debt before or since they bought. Once they get theirs plus a healthy pct, they are out. After all, they bought it with an existing debt load, someone else would also. Then sell off chunks, reorganize, and feed.
@ve You're forgetting debt, which is massive after years of incompetence running the show. The bottom line does not includes debt.
I would also argue, besides an Indian company, who in it's right mind would buy an American company, that deals with consumers private data, where all the "work force" is outsourced. I wouldn't!
Q3 and Q4. Job architecture is just a way to level and drop the salary range across the board. For that they first need to exit people and then rehire fewer staff at 2 levels lower or more. Very simple.
How much more adjusting to bottom line $$$ is needed before they take stock public again or sell the company, and when? Answer that and you have answer to layoffs.
what are the new titles? No more Field Reps and Field Managers?
What’s the new title
No, you're safe!
A title is a way companies engage with workers, most people value a lot more other things (like culture, environment, growth, salary, etc) but for what's left, a title should do!
Probably. In the 4th quarter. I see very obviously there will be more cuts in the call center side since they are doing hiring for our positions in Mexico and Australia.