Somebody mentioned at the office that we are looking at a bunch of demotions in addition to layoffs. I'm wondering if this could be true?
Frankly, the last thing I need right now is to worry about something else, but this would make sense if they are going to push that whole restructuring angle. And it would certainly save them more money.
It changes the top amount you can earn. Moves you from technical to a business analyst.
Many of the RE level positions are being demoted to RA with the new System job class/title changes
If you are given an unreasonable job offer (demotion, distance), you are able to decline it and still qualify for severance
Some of the Claim Managers (maybe VPOs too) were offered and/or accepted demotions in order to keep working at SF.
First I heard of it...