I need to know I got keeeds
Topics regarding layoffs at Sabre Holdings
So peanuts are getting distributed as VCP. Low level workers don't get much anyways since wages are too low. This year only VPs and above for benefitted (anyways they always were) and good millions in stock options. Rest are just wasting there time... — read more
We’ve had quite a few people leave our BU in the last few months. These were people who either had knowledge/experience or showed such promise. To say it’s put a damper on morale is an understatement. I’m starting to wonder if this is the norm here... — read more
When is that VCP coming? Early mid or late Dec?
Is this bonus PTO after christmas, a prep for some end-year layoffs? Or its just a sneaky way to give 'something' to the employees without an immediate impact on the cash flow?
Paying out nearly $30M USD in bonus payouts and more than that amount for retention bonuses with revenue down 74% and net air bookings down 87%? wtf?
What does work from anywhere actually mean? Would this allow working on a cruise ship balcony or at a resort in Cancun with a decent internet connection and if not, its not work from anywhere.
The red tape machine has screwed up WFA already knew it was too good to be true.
I thought Sabre would have had another big round of layoffs by now. I have to admit, i miscalculated that obviously and I was wrong. Congrats !
Things were bad when I was cut three years ago. I was hoping stuff might have improved since then, but it doesn't seems so.
Heard that smaller offices will be closed and everything will concentrate in Southlake, Richmond and Singapore. GCCs remain. Just a rumor or fact?
So why do we still have dedicated teams to sell and support AA? We need to streamline resources and move AA to standard NA support with the other NA carriers. Remove these unnecessary silos.
I am in management and at this time there are no layoffs planned! This could change in the future but at this time it is not happening. Sabre is actually trying to proactively reduce attrition of critical employees, however, if you are a non-critical... — read more
Amadeus north america (NORAM) sent their reduction plan notice to every employee, since everyone was impacted by 4 decisions: no impact, office closure (relocate), office closure (work remote) or layoff. HR and VP had 1v1 conversation with each... — read more
What do we think this 4 hour town hall with the CEO is about? Difficult decisions to be made and Sabre 3.0? My leader has been MIA for weeks in non stop emergency meetings for budgetingx planning the next 55 years by quarter etc
I have first hand knowledge attrition numbers are being tracked and fed to SM. It is occurring but it is a low number. Very few will be backfilled and it would take an act of Congress to backfill in the US. My guess is that the attrition numbers will... — read more
You can bet every cent you have Sabre will reduce in size at least 30 percent more. You may make it another month or two, but you wont make it to 1/1 for sure
Opinions please as I really wanted to volunteer for early retirement before end of year..
Is there any truth in the question raised on Seans call today about certain people being offered some sort of retention bonus to stay? Anyone willing to share??
The man of wisdom is never of two minds; the man of benevolence never worries; the man of courage is never afraid. Confucius
How transparent was the decision to issue additional shares... And the share price is going to hell once again. So, do we need more cash or we don't?
Huge rumor this is the next round. Revenue is on the ground as you saw and supports the rumor. While Sabre did a zero bookings scenario for survival, it doesnt mean they will keep everyone to survive. Rumor also has it that some global offices are... — read more
Sabres worst quarter ever, and the stock is up 5 % wth ?
SABRE swung to a loss for the second quarter as the Covid-19 pandemic has decimated global travel and said recent gains in air bookings aren't enough to signal a shift in the travel environment. The travel-booking technology company on Friday... — read more
2019 was the year of "The People" (snicker snicker) What will 2020 be? And will SM and his think tank need to go on a week long luxury junket to figure this one out?
Does this mean Sabre will begin outsourcing to DXC to move everything to GCP? Whe LCCs are not enough—outsource your company! Anthony Maiello is the CTO there (left Sabre a couple of years back.) Can you say conflict of interest and... — read more
Has anyone heard when the next round of layoffs will occur and how many will be cut? With the industry suffering for the foreseeable future I'm worried that lack of revenue will put more folks out of work.
Hey execs, Calling one silo a new silo name under a new silo'ed org is not breaking down silos. Breaking down silos would be flattening the org and removing layers of VP/SVP and TEO that blocks devops culture progress. Are you selling to new... — read more
Has there been any mention of the retention bonuses for the exec class at Sabre? Just curious exactly how much they awarded themselves while laying off 800 employees
Not true. You can have active Cobra and request marketplace insurance. If your crazy you can overlap insurance and have more than one active. Cobra s—s it is way too expensive.
a coworker sent me this basically if we take cobra subsidy then we can't get insurance on marketplace after. sabre knows this is going to mess over a lot of people. but if we don't take the cobra subsidy they save millions, and if we do then we get... — read more
Was spared the recent wave of layoffs but since returning from furlough, can't help but feel that it would've been better to have been laid off. It seems like all the work which was paused during the two months just accumulated, and guess what, no... — read more
Could someone explain to me what kind of people ask the questions about org chart or female leaders ratio? Seriously? This is the most important thing now?
Does anyone know which job family provides better salary in Sabre. Software Engineering or Program Management. If both people are on principal level, SE and PM, who would earn more?
Will there be more layoffs once TN and AS merged?
I was furloughed and got called back to work starting July. However, I plan to leave the company in mid-July for personal reasons. Does Sabre payout unused PTOs? If no, I probably will use up my PTO before giving two weeks notice.
GG's org has done very little for AS in the way of selling anything at all for the last two years. Were they affected by the layoff?
Well I just got a call from a recruiter looking for contractors to work at Sabre for NIIT. Ticketing, Check in, and reaccommodation... If that's not some shady BS..