Has anyone heard anything about any upcoming layoffs in 2025? I did hear that they sent out an email to all supervisors and above how to handle resignations - so instead of a layoff, they may be trying to force a mass resignation/exodus from the company in the coming months. So, combined with other troubling rumors - I suspect they may be about to try and make a toxic work environment.
So far, all I have heard is that post-Reorganization they are most likely going to use it as an excuse to throw an extremely low Merit Raise at the Frontline Employees (numbers that I have heard varied by source but often around 1.5%) in addition to an extremely low ICP Bonus (50% or less is what I have heard). In addition, I heard a rumor about return to office again - and forcing everyone back to being in office full time. Combined with a rumor that I heard that there are plans to bring AEP down to a skeleton crew in order to either sell AEP or merge AEP with another Electric Utility next year (with the Electric Utility mentioned by multiple parties as most likely being Berkshire Hathaway Electric), I am a bit concerned if anyone else has heard something similar?