We would have had some concrete indication by now if layoffs were happening tomorrow. Every time so far there was something - scheduled meetings, reserved conference rooms... This time nothing.
I'm not saying it's not happening, I just don't think it's going to happen this week.
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I think we will all get a sense of the magnitude Friday* morning when we release earnings to Wall-Street. They will not hide the plans or % employees impacted. Actual plans will be unveiled the following week.
Friday
Last year it started immediately after Indras town hall ... everyone I personally knew that were impacted were informed via Skype ... a B2 (not even yours in most cases) or higher informed and that was their last day. Then they came back in on a diff day to meet with a b2 or higher to drop off laptop, pick up stuff at desk, etc. Dont assume anything based on conf rooms etc. The leaders already have their lists and they know who they will be reaching out to. They’re just waiting for the “go”.
I think we will all get a sense of the magnitude Monday morning when we release earnings to Wall-Street. They will not hide the plans or % employees impacted. Actual plans will be unveiled the following week.
Monday is a holiday for some locations so plan for Tues-Thurs next week if anything actually happens
There are more non-bookable conference rooms (talk and quiet rooms) than this time last year. Would they try to keep it more hidden by camping out in those rooms instead of reservable ones?
earnings release and town hall is friday. there will be an announcement of the restructure on friday for sure, but the layoffs may be friday or monday