@da was this done on Friday?
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@d2 this week, every single HR employee in the Regions (250-300 ppl) were laid off. Repeat, every one of them. They can take severance or compete for a couple dozen new HR roles in HQ. This “centralizing” of the Regional HR function can be read as the first step in a series of steps that ends with the abolishment of Regions. One can assume, based on recent company history, that additional functions like Regional Finance, Regional Sales, etc. will follow Regional HR’s pathway here.
@d1 yes for now but I’m thinking it’ll become an HQ function and a large HC reduction for the region finance teams.
@OP do regions maintain their own P&L?
@a9 rumors are all over the place on this one. Down to 6. Down to 8. Down to 10. Timeline is all over the place as well. Heard with these layoffs also region announcements. Heard not till 2027 and it would be this time next year after the split so they could hide more "exited employees" into another "consolidation".
@a8 which meeting was 12 to 6 regions announced in. This is the first anyone is saying they actually heard regional consolidations
@a8 50%??? Your sup said that??
@a8 which regions are getting merged?
@a5 This. Yup . They already announced cutting regions from 12 to 6 in our meeting and my sup confirmed this happening, she is in panic. which is going to be devastating for everyone as a whole. Its a 50% Cut across the board for tens of thousands of people.
Guessing all region finance will be pulled up to HQ
Regions are about be skeleton crews only. Gone are the days of employing people in the local community we service.
Probably going to be down to 5 regions in a year or 2
Assuming 100% layoff