Thread regarding SAS Institute layoffs

Education hasn't been profitable since maybe 2010. It is bloated with high salaries and overloaded management.

https://www.shrm.org/topics-tools/news/employee-relations/remote-workers-layoffs1#:~:text=While%20it%E2%80%99s%20not%20clear%20what%20percentage%E2%80%94if%20any%E2%80%94of%20those,in%20the%20office%20or%20had%20a%20hybrid%20schedule.

Oh that isn't happening. What you perceive isn't real. Who are you going to believe? Me, or your lying eyes? #saslight

OP - One of the more ridiculous posts I've seen. Definitely not reality. But I guess because that 1 person you know of that was let go was remote, you've connected the "dot" (eyeroll).

An entire team let go from education this week was on-site full time, but just like you, I have no actual data, and none will be provided upon request.

Stop fear mongering. There is no "return to office policy". If you have an office on campus, come in. Simple as that. If you don't want to come in, go fully remote and give up your office. That's the "policy". And there are plenty of full-time remote workers (and have been even before the pandemic) that have jobs and will continue to have jobs at the company who don't badge in.

There is a pattern, but it does not relate to badge swipes.

For the past 5 years or so, SAS has done “stealth layoffs” of individuals “not performing at their level”. Their level has generally been Senior or Principal. Also, 80% of the testers laid off last July were either Senior or Principal.

More recently, Education has not been highly profitable, and Retail was not profitable at all.

That’s the pattern: SAS is laying off highly-paid employees and those who work in less profitable areas.

This pattern improves financial metrics (revenue per employee, profits per employee) in a company preparing for sale or IPO.

Because it isn’t a pattern.

Show us actual complete data and analysis not just hand picked data points and simplistic one liner conclusion.