An employee with 37 years of service was let go yesterday with no warning. No poor evaluations etc. The manager was forced to do it. Nobody knows why. We don't know if there was a package involved but assume there was.
Layoff / IPO Statement (May 1, WRAL TechWire)
"SAS will be closing several international offices affecting some 250 employees... “We are still focused on becoming IPO-ready,” [Heath] explained. “This means we would be financially and operationally ready to enter the public markets. Once we... — read more
A company that lets talents go to waste
I am leaving soon and I am very much looking forward to my last day here. I only regret that I stuck around this long. There are still many talented people here who are letting this company waste their talents. They could achieve much more... — read more
The Slow Death of SAS - a Pre-sales Perspective
Let me start by saying it’s been fascinating to read some of the posts here, especially from the R&D folks. Thanks for your perspective. I thought I’d add mine from the perspective of a customer facing technical pre-sales consultant at SAS for 15... — read more
They learn nothing from mistakes
It is all too obvious that management learns nothing from mistakes. Isn't it about time they started doing so? The problems just keep piling up.
It's just a sad situation
that people think limited R&D investment in favor of sales focus were the problems just shows how bad (non-existent) the management was. there was a failure in all aspects. in order to have long-term investment, you of course have to have revenue (or... — read more
Glassdoor 5 star reviews?
There are tons of 5 star reviews on Glassdoor. The skew towards 5 appears suspect. Some reviews are blatant HR advertisements. Is management pressuring employees to leave glowing reviews?
What is the end game for SAS?
What is the end game for SAS and JHG? Many of you think there will not be an IPO. I believe that as well. I suspect that JHG values the company way more than potential buyers (I can’t say that I blame him—it’s his life’s work) or SAS would have been... — read more
More layoffs next week
There was a rumor about more layoffs next week, do we know if that's true?
Forget logic when it comes to layoffs
There is very little reasoning to who was laid off. Many who haven’t performed are still there. The roles affected are senior mid and entry. It seems like a rush to meet profitability for a quick acquisition. Can they IPO? Current customers aren’t... — read more
quiet layoffs
200+ people laid off in February.
Changes you would like SAS to make?
A lot of things here could be better.
The golden era of SAS has long past
An elite few built world-class skills because they carefully curated their careers over a long period of time while continuing to up-skill on their own time+dime. Many had to put up with less than ideal, to downright awful managers for certain... — read more
Any news about cuts?
I almost wish we would have cuts because, like this, I'm worried 24/7. I always feel like we're in the calm before the storm and something bad is about to happen. If anybody knows if any cuts are coming or, even better, can confirm that we won't be... — read more
Good company to work for?
I am weighing an offer in marketing. Should I say yes? Im curious more about workload and culture than comp here.
Let go in 2019
In 2019 almost the entire automotive team (including me) were let go. People with years of experience from 1 year to almost 30 years. Sales in automotive were almost zero in 2019. Existing customers are not renewing. It's a real mess. They were... — read more
Recession
Will there be an impact to us if a recession hits soon?
I'm not stressing about layoffs anymore
Attrition is more than enough to satisfy any need for a reduction in costs.
Many better opportunities outside
It is a pity that this company no longer knows how to keep quality people. I am disappointed to see SAS today because it used to be nice to work here. At the same time, I am surprised at how many better opportunities there are outside. SAS is... — read more
Raises or promotions? Anyone? Bueller?
Email originally said they’d come the first week of April and now that has passed. Not that anyone but the already very well paid people in the top ranks expect anything but wondering if anyone has been informed of s raise or promotion? Thx
Not waiting for buyout
I hesitated a lot but in the end I accepted an offer that is not much better than what I have here. The reason is I don't want to stay here anymore. I wanted to leave as soon as possible. There were also those who tried to persuade me to wait for... — read more
How would you make SAS better?
Enter your suggestion in this thread.
if you get a buyout or get laid off pls post here
include as much detail as you can, thx.
Any more details on SAS layoffs?
Retirements or whatever you want to call whatever is about to happen. This is the year, isn’t it. The year it all really starts to fall apart. Anyone who has details please share. Not everyone who is affected deserves to be.
Target groups
I am very anxious, I hope to survive this round of layoffs and at the same time I feel helpless because I know that all my efforts do not mean much when it comes to making the decision whether to cut me or not. Does anyone have more info on who... — read more
Layoffs
I heard layoffs are coming to PSD
Who is a News & Observer subscriber??
Be a pal and post the text of the article in today’s paper about SAS. Got to be a subscriber to see it, wondering how PR is spinning it.
Vaccinated to death...
Goodnight informed employees that if they don't show proof of vaccination by Nov 1 they will be fired by Nov 30, even if they are remote employees or already had covid. Way to treat people like they matter. With turnover already ramping up, I think... — read more
Slow death...
Amazed at the number of talented folks leaving here in Cary. Just google "last day at sas" on LinkedIn... How bad is it going to get before the bottom falls out!!
It seems that the cuts are around the corner?
The atmosphere is very tense. There are many red flags that there could be cuts. I hope everything will turn out for the best, but I am preparing for the worst.
IPO
Anyone hear of layoffs coming to prep for IPO?
Oh just sell us FFS……….
I could be alone in this but things seem to have gone from bad to even worse since this sale news leak. It’s every person for themselves more than ever. C-team communication to the masses has ceased. Hello, paging Jenn Mann, so-called steward of... — read more
We're safe...for now
https://www.wsj.com/articles/broadcom-no-longer-in-talks-to-buy-sas-institute-sources-say-11626212065?st=q5rs8oum5jcc040&reflink=article_copyURL_share
Has anyone heard anything at all?
Come on, some of you SAS people know what's going on. All cpmmunication has stopped. Managers not talking, nothing. Please anyone who knows what is happening or will happen, give us a chance. I feel like the 3rd class passengers on the titanic with... — read more
Don't get Hocked...
Pray that you do not get acquired by Broadcom....60% of you will no longer be there....
Could SAS have done more for us?
Revenue numbers are terrible and the layoffs are not surprising. No company can keep workers to its detriment for too long. Still, I wonder if the SAS could still have done more for us?
SAS making layoffs in some work groups but continues to hire
"While not disclosing any numbers, SAS spokesperson Shannon Heath said layoffs had been made in work areas focusing on site support and training. The cuts reflect adjustments SAS is making to its workforce environment in the wake of the COVID-19... — read more
Update
More SAS cuts today - across multiple divisions.