Based on the chatter, more layoffs are coming. Will they offer VSP again?
8 replies (most recent on top)
@z5 What exactly do you mean by a different choice?
OH they will offer the VSP again I am sure, they will just make it a different choice. A very HIGH percentage of those that applied and were accepted for it quit way before their last day so the company paid ZERO to them. The big pay outs were to those upper management that took it and had noncompete contracts so they had to stay.
@p9 Funny thing is, about the time these corporations “get to the place they want,” they will crumble. Watch! They are in a high speed train heading to an unfinished track that nobody is working on completing.
Mission Simplify will move many jobs to AI or at least offshore to save the company money. They've said it proudly and repeatedly in town halls. Unfortunately, there will be layoffs until they're where they want to be.
Agree - they always do it every quarter and will most likely be the ISP. Not sure if it will be to the degree that this one was but it is basically standard practice unfortunately.
@a3 I agree. They paid out a lot of money for vsp. They are trying to save money so layoffs will come and maybe a standard package if you’re lucky it but definitely not an enhanced one.
No there will not be another VSP anytime soon.
In my opinion, more layoffs are coming but VSP will never be offered again. Rolling quarterly ISPs from now until who knows when..