Scientific Games Corp. Layoffs

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Topics regarding layoffs at Scientific Games Corp.

What's $19 a month.

Scientific Games has decided it's in the employees best interest to add a $19/month fee to everyone's 401k. Gotta pay that 8 billion down somehow. The company obviously needs more VPs. 60 isn't cutting it.

Who was let go this week?

Supposedly there was a big layoffs round at Scientific Games this week (looks like yesterday was the worst day, but I've heard it all started on Monday), but I am failing to get any real info on who exactly and how many people were laid off? Is there... read more

Chicago building being sold

Town hall next week. Bally has finally won. They never could handle the fact that we had a nice building. Now it's for sale and we're all done. At least we don't have to wonder anymore.

Attrition will remove the need for layoffs

They probably won't need to do any more layoffs in the Chicago office anymore -- at least not after today's "Annual Enrollment Benefits" presentation. Attrition will probably take care of any head-count reductions they need... They are changing the... read more

Sinking ship

Give it up guys, go find another job this place is going in the sh--ter

Next Round Coming?

It looks like about a month until the next quarter's earnings are announced. Plans are likely formulating for the next round of layoffs. Anyone heard anything?

Cutting the water, really?

In the scope of things, how much does that water cost the freaking company? Maybe they shouldn't have bought DEQ! I bet the power hungry mongers at the top of the food chain are still getting their bonuses! I hope those greedy people get theirs now... read more

Layoffs to continue

Do the math. CEO and company publicly states that they are looking for 75 million dollar savings; and 20 million dollars will be spent on this "purge". So far, we've heard of some 70-80 people in Alpharetta, some 15-20 in San Diego, and maybe a 100... read more

How it all went down

HR called us into a conference room. 3 techs, and our 2 supervisors. 3 layoffs, and 1 person who was off and couldn't make it in to be let go. We all got a severance. Health insurance good until the end of the month. Paid through today, the end of... read more

Everyone will be sold off

WMS is redundant, haven't you guys learned yet? Nobody in this company is ever safe, not anymore. The fact OP thinks he has another 15 years is delusional. 8 billion will be paid with all of our salaries eventually. Everyone will be sold off, but... read more

SGMS BALLY WMS SHUFFLE

The real question is, who "scored" by this unbelievable merger between SGMS/Bally/WMS/Shuffle. I think we all know the truth.... Wall Street hacks and corporate execs..... Quite a scam folks...

Gotta luv the modern CEO

When times are good he adds too much to the workforce and says "look at me, I'm doing so good I need to hire beaucoup new guys." Result: CEO gets big bonux When times are bad CEO cuts employees and says "look at me, I'm saving the company sooo much... read more

Severence

What is the "severance agreement" like? used to be 2 weeks of pay for each year of service. this time though, they seem to have allocated 20 mil for this thing. Reposted from: @KcjoKKV-aeu

How do they notify you?

I haven't been notified yet, but I'm extremely nervous, as I suppose most of us are. The pressure is high, cause I'm the primary source of house income, plus I have this horrible feeling that I for certainly won't dodge this bullet. Does anyone know... read more

Top Heavy

10% of the US payroll will be reduced. Company had over 300 VP titles with $200k salaries or more....too top heavy.

Sites impacted

Besides Las Vegas, which sites are impacted today? How many and which dep?

Chicago

Heard SG is closing some warehouses in Chicago. Hopefully this is the majority of the layoffs.

layoffs

When is Diane Newmyer going to get let go. What does she do? I know she love gossiping about others. I guess no layoff for her in the near future.

This week?

Rumors are that something's going down this week with cuts and demotions.

Scigames posts Great Quarter.

Well, looks like the good times are here again. Stock up 35%...wow!! But really, is this just dead cat bounce on a dead company, or are things turning around?
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