Thread regarding Windstream Corp. layoffs

RIF Logic

WINs RIFs are largely unnecessary. So much waste at this company. check out their "Savings" strategies:

No promotions unless you are director and above or an FLA. Those two categories will be on an upward trajectory for the highest salaries and bonuses. If you want a promotion your manager will tell you there is absolutely no more money in the budget got salaries. Another group calls and you take the offer. Your group finds a measly 5-8 percent raise (remember, you are at the low end of the pay scale, so this isn't much). Tells you how important you are and they don't want to lose you. You say thanks but no thanks. They hire in someone for 20% more than you make because no one in their right mind would take it for less. Instant savings.

Need another exec. Hire and pay literally THOUSANDS in signing bonus. Need to get the finances back in line after this payout so that managers and above keep bonuses. RIF of couple hundred make up difference.

Hire consultants to help you find savings opportunities. Pay large retainer and fees. Pay all if the consultants' travel, meals, airfare. Save a few million dollars, pay consultants few million dollars, break even. Part of consultants ideas for saving? RIFs. So really no break even because hundreds less experienced employees to do the work.

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| 1982 views | | 2 replies (last January 31, 2018) | Reply
Post ID: @OP+RsOTHVu

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My position was replaced by a contractor and I can say with 100% certainty that it will cost more at the end of the day to have them do the same work. The question is whether the same work will get done now because everyone has to pay for anything they request out of their own budget. So basically that means work that would help the company will not get done because departments didn't plan for this expense when their current budget was written up. And if anything that already exists today breaks then good luck! The fun part is that no one has been let in on this surprise just yet and probably won't be until everything has been officially handed off to the contract company.

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Post ID: @3lzx+RsOTHVu

Step 2 .....

Step 3 profit!

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Post ID: @1izn+RsOTHVu

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