Show us the graphs and projections for headcount by country and location. How many of us are you planning to stealth layoff via the PIP?
10 replies (most recent on top)
Anyone else notice who/where the main speaker was from that gave the energy outlook?
So Spring headcount will reduce by 500.
Spring Indian Impats increase by 500.
That is 1000 HC10 jobs eliminated.
HC10 employees out looking for new jobs
Any total headcount view won't tell the full picture, as they're adding headcount in India and GBC's. The drop in headcount at the HC10 locations will be drastic and painful and it's gonna keep getting worse.
We will be less than 40,000 regular employees by 2030. Everyone else will be a managed service provider (i.e. contract employee).
Calculations indicate the below percentage increase of BTC means that roughly 500 more Spring positions will be replaced by BTC newly hired people.
Let that sink in! EM will NSI/ fake layoff 500 experienced Spring employees and replace with Campus hire and experience hire people in Bangalore.
That is in enormous risk increase and productivity reduction to save less than $150 million per year.
The number of employees in global projects projected to remain constant but BTC will grow from less than 30% now to 50%.
Published charts show slightly lower target just to minimize alarm in Spring.
If you were ranked lower than Very Good you should be putting all your effort into finding a new job
Wait until Polaris is wrapped up. It will be a bloodbath
Rough estimate for USA and other HC10:
8-10% PIP next four years
50% pass rate (could be lower if attrition is lower than expected)
2% attrition (probably will be more)
So call it 7% reduction per year
After four years roughly 25% less HC10 folks (give or take a few percent)
But hey, at least people are “our most valuable asset”. You know, I actually think they are really saying people are “our most costly asset” but that doesn’t sound as nice.