Another email will go out in April notifying ATO of layoffs at the end of April (Monday April 29th) to be off the books at the end of June. Projections is another 7k-10k. No asking for volunteers either. 2nd round will be heavier on work location.
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Right after we were told that there were going to be cuts, I attended a town meeting for our org. On the manager's slide from Singapore, one of the bullet points stated "Team members are young and skilled". I figured then that I was in trouble. Off payroll date is 2/12. :(
This guy or gal is hysterical...keep it coming as we could all use a good laugh as it is the best medicine in times of stress....Hats off to you
" Not sure why soo many people are worried about these layoffs. I heard there is an asteroid coming that will take out 10% of the population by April, then another in July followed by famine and locusts in October only to be capped off with nuclear winter in the 4th quarter. And those are facts...I heard it for sure."
Not sure why soo many people are worried about these layoffs. I heard there is an asteroid coming that will take out 10% of the population by April, then another in July followed by famine and locusts in October only to be capped off with nuclear winter in the 4th quarter. And those are facts...I heard it for sure.
Here is a thought for you all. They used various reasons to justify layoffs so far. They have to be very careful because to achieve meaningful savings they have to let go higher paid aka older workers. They are at risk for lawsuits charging age discrimination. They may win in the courts but in the court of public opinion aka customers they may loose. Now if they continue to use collaboration as their reason they may not achieve the numbers they need. This is just a hypothesis but what if they decide that to make the 1/12020 numbers they make a VZ like offer this summer? Thoughts?
Third round notifications go out Monday July 29th..off payroll the end of September.
Fourth round notifications go out Monday October 28th..off payroll the end of December.
Fifth round notifications go out Monday January 27th 2020..off payroll the end of March 2020.
Sixth round notifications go out to all remaining employees on Monday April 27th 2020..company shuts down the end of June 2020.
Those are not “troll posts” and the third round starts in October. Just use Webphone to check headcount. 2018’s last layoff was 14,000 when Mac-e-fresh replaced Arnoldi
Randy is timing the layoffs so the benefits show up in each successive quarter to try and fool investors that his big bets are paying dividends.
When are we going to see some AVPs and up get thrown into the volcano with the 30k little people?
First Round hasn’t even been announced and clarified. Aren’t you getting ahead of yourself? If you’re gone in round one, you don’t have to worry about round two.
Pick me! Pick me!
company is planning to surplus over 30k this year so it will be around 7-8k every quarter.
no troll... this will be EVERY QUARTER.
I've heard the Jan 28th cut will be 9k under mcelfresh.
Another 7k-10k? When was the 1st 7k layoff? There may have been 7K buyouts, but not layoffs. Sounds like another troll post.