Thread regarding MetLife Inc. layoffs

Cutting the Fat in RM!

Just sent a bunch of Met RM Management packing.

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| 7261 views | | 13 replies (last April 2, 2024) | Reply
Post ID: @OP+1rrx78hq

13 replies (most recent on top)

Will the merge with national, use resources basically?

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Post ID: @pqsj+1rrx78hq

15 WARN Layoff Notices for MetLife from Sep 2004 to Apr 2022

MetLife filed 15 WARN layoff notices from Sep 2004 to Apr 2022 in Arizona, Connecticut, Florida, Georgia, Iowa, Illinois, Indiana, New Jersey, Oklahoma and Texas. 1,570 employees were laid off in total from these layoffs.

Looks like this new wave is being done all below The WARN Act threshold- so, nothing needs to be publicly reported.

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Post ID: @5hra+1rrx78hq

RM is Regional Market.

Regional Market Account Management. In the Field.

But these were Directors within that Org.

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Post ID: @5qve+1rrx78hq

AI will solve everything.

Not.

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Post ID: @1cpi+1rrx78hq

Where does this 20% figure come from?

That's a huge cut.

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Post ID: @1hwv+1rrx78hq

What is the severance policy like I wonder? Lol

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Post ID: @ykb+1rrx78hq

Legal had waves of cuts.

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Post ID: @ewo+1rrx78hq

Cut bottom 20% managers and execs?

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Post ID: @jxs+1rrx78hq

Application technical teams have to reduce by 20% and will start releasing soon too.

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Post ID: @lgm+1rrx78hq

Riak Management?

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Post ID: @hzd+1rrx78hq

What is RM?

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Post ID: @rdo+1rrx78hq

Now do the "fat" elsewhere in the organization, starting with AVP and work your way up.

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Post ID: @job+1rrx78hq

Company is bleeding money.

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Post ID: @wwm+1rrx78hq

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