I hear a lot of people mentioning Nov 5th layoffs. How do we know that this is the timeline?
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@tn still calling Nov 16th, 17th?
Nov 16,17th
Theres going to be continuous trimming of workforce to push less people to do more.
@hr When I got my layoff, my 1:1 had been scheduled for about 4 weeks. There were 2 of them, but the first was a no-show; a fellow manager was there and asked me about cross-training their team. Not both ways, just them learning what we did. Sus.
Tighten up your linkedin just in case.
Hmm. I had a quarterly 1-1 with my 2nd line,scheduled months ago, for this week. It got moved to November 5th a couple weeks ago.
Am I toast?
OP - How many is “lots” and are those saying it people managers ?
They would happen before our 11/5 earnings call.
Layoffs will not happen on Nov 5th. Historically, they have never happened on the day of an earnings call. They will happen this week or the 3rd-4th. If they do not happen in the next 1.5 weeks, I doubt we will see a RIF for the rest of the year.
Employees are notified of their status the day of the RIF. That is their last morning with the company. The only exception would be if the employee impacted needed to onboard their replacement in the case of secure Government customers. Of course, not many of those left. Happy Halloween.
Thanks, this is OP. Is it safe to assume that the employees for RIF are already in place then?
Well, that is the date for the Q3 results. If they wanted to talk about reorganizations to analysts, that would be a viable date.