I've seen multiple people placed on PIPs in the last six months. It's making me nervous. Is this just how things work here? Or is it a strategy to document people out the door so they don't get severance? I'd really like to know if I'm being paranoid or if this is a legitimate concern.
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What is also pretty normal is the rule of 65 micron uses. Add your age plus the years you worked and if it is over 65 you most likely received the PIP. Last time they used the rule of 65 they told you that it would be a great opportunity for you to retire and enjoy retirement. Gooooo Micron.
It should be no surprise that people on PIPs are over represented in the workers impacted by a layoff. It makes sense to let go the workers that have documented performance gaps. It also makes sense that M1s would be getting pressured to improve overall team performance going into a downturn, and this pressure will likely drive an increase in PIPs. If you are seeing a increase in PIPs in your department it is probably indicates that leadership perceives a performance dip from the team and the M1s are getting pressured to address it.
Being on a PIP going into a layoff is a near certainty that you will be impacted but there is no benefit to leadership to have you on a PIP going into a layoff cycle other than reducing the departments bonus budget and increasing the likelihood that you will self eject prior to a severance being paid out.
PIPs are notoriously handed out ahead of layoffs, team members will be assigned a 1 or 2 rating and will be first on the list to go. This is normal practice for this company.
That's not normal. I've noticed high level executives have sold a lot of shares recently too.