Sabre has invested heavily in technological transformation to be competitive once the travel environment rebounds. My personal opinion is that a pandemic is a bit of a weird time for such technological migration and such investments. Some others... — read more
Topics regarding layoffs at Sabre Holdings
No nonsense, no hate, no trolling please.
Has anybody received word on merit increment. Can you share your %increment range?
Post from TheLayoff.com
Why has Sean Menke been dumping 200,000 stocks recently? I am sure he is "very confident" that Sabre will have a bright future, why else would he take his money elsewhere? I am ex Sabre - is he still feeding the same BS to the team in his town... — read more
I know at least 5 people who have left recently and thanks to their talent got much better positions in new companies. Sabre no longer seems to me to have any effective mechanisms to keep them. Besides, I'm afraid they are not even trying to keep... — read more
Anyone have opinions on the new article?
I've noticed that some people on this forum are very sensitive when someone complains about the difficult working conditions here. Immediately they start giving advice to people to quit if they don't like working here. I’m sick of these... — read more
Looking for a merit promotion or a VCP, then isn’t it time to leave Saber? The merit promotions are reserved for the boys club when the revenues drop and VCP is than 100% funded. Looking for a salary based on merit and work achievements, the look... — read more
I need to know I got keeeds
Looks like the entire DX department in SHS has been shuttered and employees laid off. Any other teams looking at layoffs?
Thoughts on the merit cycle now that it’s open?
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?
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??
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
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.
The red tape machine has screwed up WFA already knew it was too good to be true.
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?
Heard that smaller offices will be closed and everything will concentrate in Southlake, Richmond and Singapore. GCCs remain. Just a rumor or fact?
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
When is that VCP coming? Early mid or late Dec?
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
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 !
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.
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
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.
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
Opinions please as I really wanted to volunteer for early retirement before end of year..
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
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
I know people at Amadeus and Travelport and both will be laying off. Amadeus is in more trouble in the US because they cannot lay off people in France and Spain so US will take a big hit, like 25 to 30 percent. Travelport will probably be 10 to 15... — read more
The man of wisdom is never of two minds; the man of benevolence never worries; the man of courage is never afraid. Confucius
My take, unimpressive, a lot of VPs that think they are VIPs. Can we put some of their headcount into areas that need it and not into people who just want to hear themselves talk? It’s painfully embarrassing how unaware they are of the real issues.
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 ?