Topics regarding layoffs at SAS Institute

Topics regarding layoffs at SAS Institute

SAS needs more layoffs

So many people who haven't been performing at a reasonable for years/decades are dragging this company down. They haven't kept their skills fresh, and even when given the opportunity to train, turned it down. And everyone acts all surprised when we... — read more 

IPO pushed to 2025

https://www.newsobserver.com/news/business/article279298524.html

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| 2400 views | | 10 replies (last September 16, 2023)
Post ID: @OP+1oBONdER

New Products. Old Problems

SAS announced their new "App Factory" during SAS Explore... They are trying to make a big deal out of the fact that users don't have to use SAS to do what you would ostensibly do with SAS--build AI models. And the tool they've built to enable this... — read more 

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| 2660 views | | 19 replies (last September 24, 2023)
Post ID: @OP+1oAOgifa

New TBJ Article -

https://www.bizjournals.com/triangle/news/2023/09/01/sas-public-offering-ipo-jim-goodnight-cary-legacy.html Seems to be trying to put pressure on the company in my opinion. At the very least asking the question we're all wondering. I also find it... — read more 

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| 2001 views | | 6 replies (last September 3, 2023)
Post ID: @OP+1ooeRxli

Did automation pave the way to getting rid of testers?

Just curious. When SAS started pushing for automation tests to facilitate CI/CD did it also bring about the demise of many of the senior testers? If so who will make changes when UIs are modified? Did the layoffs affect many developers? Will they be... — read more 

SAS buildings officially for rent

This is behind a paywall at the TBJ but someone sent me the bulk of the content: For the first time, SAS Institute is subleasing buildings on its large headquarters campus in Cary. A SAS spokeswoman confirmed the move, saying it comes as a direct... — read more 

Wonder who in HR follows this SAS posting site?

There is no way SAS doesn’t know about this site. I’m just wondering what they’ll do with the info they are gathering? Even though this is anonymous, I could imagine SAS knows it’s definitely NOT the new hires or people under 5 years here... — read more 

Veteran SAS Alum Collaborating on a Book?

Should they get together and write SAS history from the perspective of those who lived it and helped build the company from the early days till say 2020? Would this be an interesting business and general tech history interest read?

IPO stock options

Anyone hear as to the stock options or rsu that SAS will offer?

All ”fluff” has got to go!

Fact: SAS succeeded when it was an R&D driven company. This has been slowly diminishing for 20+ years while Product Management and Marketing has grown considerably. SAS could eliminate 60% of the marketing-related positions and it wouldn’t... — read more 

Will this hurt the SAS legacy?

For quite a while SAS was almost a mythical place that you were proud to say that you worked there. Probably the best in NC. Things have really gone downhill in the last 3 years. I wonder how folks will remember SAS in 5-10 years from now if it even... — read more 

Next up, tech support...?

As SAS takes the next steps toward its future, so will SAS Technical Support. Effective January 1, 2024, the Technical Support organization will adopt a global structure based on function, rather than geography, which reflects SAS’ move away from a... — read more 

Viya Bar and Grill

With all the postings The Layoff receives regarding SAS, I see a business opportunity! One of the SAS Old Timers should open the "Viya Bar and Grill" in the Bass Pro Shops Plaza across the street from SAS. There, former SAS employees could pull up a... — read more 

Did they lie to us about results?

I think we've been lied to for years in regards to our true revenue, so what now appears as a slow decay is actually quite worse. There is a reason why the Broadcom deal failed, because the potential buyer smelled the BS when they started looking at... — read more 

What next?

SAS revenues have declined on average >2% per year, over the past 10 years (from SAS-published figures, adjusted for inflation.) If this trend continues, SAS could maintain its profit margin by cutting costs >2% per year. Or, the trend could get... — read more 

Underpaid and now layoffs

So I was reading up on the latest SAS layoffs and ended up at comprehensive.io where average salary ranges are displayed by job title. I had always heard that SAS underpays but I thought the perks made up for it, sort of. At least there wasn’t any... — read more 

Age Discrimination

The fact that most of the people let go in the recent batch of SAS layoffs are in their 50's may pose a problem for the company. It has been illegal for more than 50 years for an employer to use age as a criteria in hiring or firing. It’s worth a... — read more 

I'm not even thinking about productivity

It's disappointing that there is so little transparency here. They literally keep us guessing and we spend our time working in fear. Do they really think that fear and uncertainty will make us more productive, because I'm pretty sure that no one... — read more 

Start looking for a way out right now

People who are wondering if this is over need to face facts. This is not going to be over. We’ll be seeing more layoffs at SAS over time until the company implodes. The management will keep cutting until all that is left is a skeleton that will be... — read more 

retirement buyouts incoming within 30 days

rumors circulating that buyouts will be sent out in the next 30 days, min employee age 55 with at least 30 years of service is the magic number. sad I'm not eligible. too old to be valued anynore but not old enough to escape yet. the magic number... — read more 

Triangle Business Journal, 7/15

TL;DR: They say our numbers are wrong. Wish they'd announce the right ones. SAS confirms 1 percent cut to workforce in 2023 By Lauren Ohnesorge – Senior Staff Writer, Triangle Business Journal Jul 15, 2023 Cary analytics firm SAS Institute... — read more 

Some nice LI spin

https://www.linkedin.com/feed/update/urn:li:activity:7035338918203965441?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7035338918203965441%29

Still cuts coming ... post if you know of any

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.

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