The worst kept secret in the company is coming next week. Somebody knows something? Come on spill the beans, ya filthy animals!
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For the record if ZBMs get cut, I wish this company and the HR function all the best as things will quickly fall apart more than they have already. Not a sh-t show I want to stick around for! Will see if they are changing their layoffs into a signature “Tesla style” where entire job titles or departments are cut without plans of where the work is going due to negligence of VP+
Maybe I’ll wait out my boss’s busy work requests until I find out if he still going to be around.
@dc directors do not. Typically only VP / SVP is under the tent.
Are you these just rumors? My boss is making Q1 meeting plans. I would assume the director level knows about any changes already.
@c7 not all groups were offered VRP’s this last round.
@c8 it’s 2 weeks for every year. 52 weeks max for salaried. Plus benefits is exactly what I meant. There was a retirement gift of 500$ and if bonuses /401k you got that. Possibly in the involuntary too. Union are 4 weeks + 1 week for each year
@bs definately NOT same severance packages as VRP. Trust me I know. VRP typically has a few extra $$$ nuggets to get folks to take it.
VRP time is long passed, should have taken it when offered. It's severance time now. Next week at the latest to get the salaries etc. of the balance sheet for year end. They setup a reserve on the BS for severance so it has to be in motion by year end, typically mid-November.
Two years ago, I used to talk about how awful it might feel to hear my number called. Now I look around the room for who is left, noticing faces shaped by depression and hopelessness. Those I know who left received more money or something close—a buyout I can only imagine—and seem to be doing well. I share the hope that I will be chosen. Another point is that while my wages have risen since Covid, they do not match the industry standard. I can now find a comparable job that would not have been available in 2018.
@ay voluntary is done. You’re at involuntary. Same severance packages - different for union and non union
@OP
VRP, layoffs or both?
ZBM’s getting cut?
They took my company car, downgraded my role, red-circled me, dumped me in a cr-ppy town, cut my GLP-1, piled three people's work on me, gave me tiny raises, swapped my boss for a clueless cheerleader, and now want me in an office that doesn’t even have a desk for me. Where do I sign up?
Couldn't happen to a better dysfunctional joke of a company, I hope they break it up and can thousands !
I’ve heard from many different folks it’s happening next week. Hearing mixed things on if a WFH email will be sent out or not. In the spring I think they sent it out Sunday evening instead of Monday morning. Be on the lookout before you start your sh-tty commute next week!