How many more cuts to be done?
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https://www.thelayoff.com/t/1lkgH0kR
Yes
Yes.
They timed these to be buried under the Media coverage associated with the 2 trade shows.a significant line item was added to AM's beautiful balance sheet. A few millions (3-4m) added by todays cuts
Has anyone heard of more layoffs today?
Great questions and commentary. Exactly how we should be thinking.
- layoffs will be a result of the need to hit a # AFTER they compile the totals from VTP and EERP
- it's happening regardless. It's just a process
How many can leave under the vtp? I know the contract extension ends 9/23 so avaya must be at least considering some kinda of contract otherwise they would just wait and let everyone go
For EERP, when is last day of working?
VTP is for represented in US and EERP is for management in US & Canada.
So they offered a vtp? (Voluntary termination plan)
May be rumors at this time, but there is a familiar scent and pattern of behavior
Rumours 20%
Always plenty of cuts in a diarrhoea place to work
They aren't "job cuts" they're "Enhanced Early Retirements" from Avaya. Where YOU get to control your departure. [make sure to say that in a robotic voice]
lol, this company is so over.
They are coming rapidly, and in no small number.
None! this is a destination workplace