Just in case you didn't know
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I only know of one. But the number of coworkers I have is getting to be a very small number. End of September will be a big one of my team.
June is done. Where were these layoffs? How many?
Just about every (Card Services) call I've been in over the past week has had someone identified who is no longer showing up in Teams, so I'd guess this is already underway in some form.
Do you want to see a copy of the formal severance forms? What type of proof are you expecting?
Proof or isn't true
There's another pay period before the 30th. More people can be laid off on the 15th. It's just a fact of life in Frank's world.
I was apart of the first wave of layoffs in March (NY & BH based) & rcvd 10 weeks severance. I was a Sr Advisor. Best of luck everyone. Grass is greener & loving my new job as I’m not treated as an infant by Executive leadership.
The layoffs will continue until the morale improves per FB.
I see a lot of contractors open to work even at bh location. Any clue?
Mostly, LO is affecting remote workers, or people work in phasing out business units/orgs.
Severance is 2 weeks per year with a max of 26 weeks severance.
One guy I know didn't want to relocate to bh. They gave him$$$ and his last day is June 30, they have his replacement ready in bh. Good thing they gave him 2 years time and severance could be 1 month per year worked, 12 years, 12 months salary. What more. Take n relax
It's hilarious to think that getting laid off with severance might be the best thing that happened to me at this sh-t hole. Wish me luck! 🤞
Pick me, pick me! Third world company doesn’t deserve great employees.
Thanks for the reminder. It’s always good to bear in mind that layoffs are a permanent part of the working environment here. And the assumption that there will be layoffs, whether tied to a given quarter or “random” is a wise and safe assumption to make.
This happens every year
End of quarter cuts
Any rough idea as to the number affected and in what locations?