http://money.cnn.com/2018/06/20/news/companies/walmart-children/index.html Sure they are. They got paid for their building. Like they really care.
Announced to employees moments ago. Unsure of the exact numbers.
Manager here, confirmed that it is the 26th. Levels below manager will not be given notice to prevent coasting.
Please reply to this thread with your location and how many people you are aware of that were let go today. Thank you!
The facts seem to be straight-forward: Oracle started extremely late to the cloud. Later than all the other cloud players. Oracle was made up primarily of employees who know absolutely nothing about web development and cloud applications. Oracle... read more
From the June 5th Illinois Board of Higher Education Minutes (available at https://ibhe.org/board/2018/june/VI3.pdf), IBHE seemingly granted DVU "operating authority" under its new owners: "Under the proposed transaction, the closing of which is... read more
CCS got hit this morning too - very tenured 30+ years and MyWork folks
Anyone here? What's the impact today on Chicago GT&O - please share
It might not apply to all groups people. More than likely just enterprise systems and fsg this round. There are several managers impacted that I know of and have clearly said the 26th would be their mast day.
See this thread: @TLzYGv5 -- you may be better off filing for SDI
25 resignations so far. 24 have been refused and 1 accepted.
When the awe hits, and it will, there is no compensation for unused vacation. Take care of your family and get out of the grind. You will regret being walked all over if you don’t.
U heard it here 1st
I wonder if they knew something..back in January when both sold Millions of shares.? ===================================== http://openinsider.com/search?q=orcl ===================================== 2018-01-17 ORCL Catz Safra CEO $50.05 -5,000,000... read more
So with a bell curve firmly in place, we get a down rated appraisal. And now we get chased to sign off the appraisal so they get their tick in the box! Shove it up your arse Bundy, u a-licking nob! I’ve worked my socks off this year covering 3... read more
https://www.cnbc.com/2018/06/20/oracle-reduced-visibility-into-its-cloud-business.html Oracle surprised analysts on Tuesday when it provided less insight than usual into its growing cloud business in its quarterly earnings statement, and now some... read more
One more restructuring, one more layoffs round. This time around 450 people will be laid off as part of the so called "shake-up." Majority of those affected by this are back office staff. Some will get a chance to stay with the bank in new positions... read more
Citrix offered me today and i used to read on this site for my current company when they did layoffs. You guys are expert, please share what you think of a long terms?
The latest news is 20% cuts every quarter the next three quarters. Some customers canceled contacts when staff deploying new projects were laid off before delivery while projects were under way. An interesting way to slim down the books pre... read more
Is there any recourse if you were fired based on falsified PIP? Outside of completely useless HR, of course.
Let’s start a contest. In the spirit of No Shave November, let’s have a no shave off until the layoff. This includes you ladies with your legs or pits.
Is the deal with NXP approved or not? Reading conflicting reports on this.
It’s it a good idea to take the lump sum even though it means you can not work for the employer? Is the pension guaranteed by the PBGC no matter what?
Anybody else wishing that today's date turned out to be true layoffs date after all? I'm not wishing to be laid off, but I am so tired of being stressed out all the time over the same issue. Let us know what's going on so we can move on from there... read more
CHI Health Center Omaha
Must be hard to recruit new hires these days so have to advertise growth?
Anything else getting hit?
Has anyone heard any layoffs coming to Las Vegas?
Oracle will now trigger the restructuring costs. Expect RIFs to begin soon and last over the next 3 to 6 months. This coming directly from our VP in NA Sales. Wedbush analyst Steve Koenig downgraded Oracle Corp. ORCL, -6.47% shares to neutral from... read more
One by one, we keep finding out which stores are closing and which ones will survive the culling of Walgreens merger. The Jacksonville Rite Aid, The Rite Aid at Marine Blvd. in Jacksonville and the Morehead City Rite Aid can be added to the list of... read more
It looks like Australia ended up being in the exact same boat as us. All 44 stores there will close in the following several weeks, with more than 700 people being laid off. I wonder if they received severance packages and if they did what they were... read more
This means that there will still be cuts in employees and in capital expenditures. We are going into the 3rd quarter next month. I for see Changes coming both in 3rd and 4 th quarter. It’s far from over. Both the CEO and the COO have bonuses coming... read more
Three Arizona stores are closing, two of them in the Valley and one in Glendale. Quite a few people are going to be affected by this, unfortunately. It doesn't look like this apocalypse of retail is going to end any time soon. I wonder if any Safeway... read more
Dear Ascension: We’re all looking for jobs now. You’ve killed all morale. You fired some great people this past week who are skilled at their jobs and were necessary members of the organization. You have demonstrated your lack of loyalty to good... read more
Since we're halfway through Q2, I thought we could use a thread to post rumors of the coming unpleasantness that happens every July.
Any idea what happens to future RSU units allotted to an employee when he/she is RIF'd
Estimated date is 6/28 based on conference rooms being booked and by whom.
As of now we’ve lost 50+ technical staff (eng/geo/land) since the layoffs. They are quitting, going elsewhere. What is HR/mgmt doing to combat this? That’s right....nothing. This place is toxic. The ship is sinking. Majority of my team is... read more
Curious to know if there are layoffs/restructuring happening much outside of the systems function. Perhaps at Corporate, such as Finance, Investments, P&C, Marketing, etc.
This is not going to be fun. Starbucks announced more than 150 store closings for next year, two times as many as usual. Waiting to find out which stores are on the chopping block will be excruciating. Anybody has any ideas on how we can know if our... read more
This time Northrop Grumman employees in Chester are being shown the door. Nearly 350 people will be out of a job sometime in August. I guess this is hardly a surprise to anybody here. Anybody has any idea if there will be more repercussions to us... read more
AT&T is closing another call center. Over 100 people in Susquehanna Township will have to look for a new job by the end of August. This "call center consolidation" is only a preview of what all of us will be seeing and feeling on our skin very, very... read more
Layoffs all across GT&O.
Meeting rooms are now being booked for all day on the 26th...
Is Pearson still planning on spending a Million + dollars to send the boys club and spouses to a 5 star resort (with paid excursions) despite laying off hundreds to save costs? It's usually reserved for the boys club executive group and their rep... read more
Everybody and their mother knows by now that we are looking at some layoffs at American Airlines, but the good news is that it will mostly if not completely affect management. For once, it looks like we'll be really getting rid of the real dead... read more
This is what I have noticed lately. The customer calls in to complain about the last rep, either they changed a plan and left the old one in place too, or they promised if the cust made a payment they could get more time on an arrangement... read more
On monday 18 June, the ge power employees in Baden got informed about the latest layoff numbers. the IRS process and swiss union process are now closed. The new number for Baden site is now 683 upcoming cuts, from 1195 originally. the attrition of... read more
Looks like 2018 will be one of the worst years for Telstra employees. A whopping 8,000 jobs are being cut! Waiting to find out more details about this will be excruciating... read more
What's everybody's opinion on this whole "saboteur" thing? Has Musk finally lost all his marbles or could there be some truth to it? And most importantly, how does he plan to find out who the saboteur is? What are the chances of innocent people... read more
On July 14, 260 employees at DHL's Groveport facility will be out of a job. Of course, DHL is blaming somebody else for these layoffs. The customer who changed providers is guilty, and not DHL management which has been causing more and more customers... read more
Well this s---s. I've just heard that GameStop is seriously considering an option of a buyout from a private equity firm. That means that we are looking at huge, huge layoffs once the buyout is completed. I'm yet to hear of a situation that involved... read more
Not sure how many exactly, but this was not a small round, I can tell you that. Part of it were outright layoffs and part were early retirements (those folks got lucky.) It'd be good to know if it is over or if we can expect even more today? Usually... read more
... begins January 2019. You saw it here first. This post will be proven correct. But go ahead and call it fake, etc., all you wish. He who laughs last, laughs best.
So many legitimate concerns have been raised but all that’s been printed was essentially a Fidelity press release. This is coming from an active employee who’s extremely happy working at Fidelity. I want the company to be very successful. Although, I... read more
Surely there's a master debater joke in here somewhere. https://247wallst.com/technology-3/2018/06/19/new-ibm-product-can-debate-humans-but-cant-turn-around-the-company/
IBM is next to get booted, just a matter of how soon. https://www.marketwatch.com/story/ges-111-year-run-in-the-dow-comes-to-an-end-2018-06-19
Not enough time to create tags for it all We will put the boxes of this in the old photo center room and get around to it after inventory. This situation, It does not seem right to me. We will hide the KMART tagged items that we were not supposed to... read more
Appraisal system has too many backdoor entry facilities - you will be shown as accepting things not attributable to you, employee feedback can be modified, truncated deleted and changed from back end to justify layoff on performance grounds to avoid... read more
This is not the avenue for the union vs non union comments. Please only put whats happening at centurylink or what you are hearing is going to happen. Lets all be grownups here.
In Capgemini Noida, employees are in huge pressure due to lay off. Because of this 2 employees had heart attack in Capgemini Noida premises. Since Capgemini has acquired IGATE, employees are in real trouble. Employees have got appraisal of 0% in... read more
KKR declined to comment while Altice and the other bidders were not immediately available for comment. Altice, whose debt equals more than twice its annual revenues, is rushing to finalize a series of non-core disposals involving telecoms towers in... read more
Will it happen before or after 50 year celebration?
Peice rate contractors are going to save the company money. Only a matter of time before they see this and push all work to follow. $37 an install or repair and slot of people lined up for those rates. Lol. You have and will be replaced.
Guess Micron better layoff some more good Boise employees!
anyone believes anything..anymore??? (((Oracle's Soft Guidance and Cloud Accounting Change Are Fresh Reasons for Concern))) --- https://finance.yahoo.com/m/e43c6b18-4259-38e9-9955-3c190d68dc28/oracle%27s-soft-guidance-and.html (((Oracle cloud growth... read more
I wonder if Doug Ford could be convinced to prevent the amalgamation of the two Ontario gas utilities? I won’t claim to be an expert, but I’ve been following MAADs and I’m surprised Board Staff and many of the intervenors endorse the almalgation just... read more
The powers that be seem intent on pushing through this 8 week and 4 week classes agenda regardless of whether accrediting bodies approve. They are putting programmatic accreditations at risk and completely ignoring input from faculty.
locations: NY, BR, SM/LA, SV