Thread regarding MetLife Inc. layoffs

Safe!

Well, we’re nearing the end of 2019, and no more significant layoffs? Hopefully the layoff business is done and over!

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Post ID: @10LlEtzi

14 replies (most recent on top)

Re: Global Ops - EVP pursuing opportunities outside of the company. Last day was Tuesday.

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Post ID: @10LlEtzi-fetl

Listened to the Town Hall, and didn’t hear anything new, exciting, or different, from the content of every other town hall. Still have no idea what Met’s purpose is? Anyone know what the “shake up” in Global Ops was that someone mentioned?

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Post ID: @10LlEtzi-fqey

Big little shake-up in Global Ops. today, yes?

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Post ID: @10LlEtzi-fixq

@p-ss-d off spouse. Pretty sad the state they leave you in. We think of Met having a single consistent management, but really its a play ground fight with different interests tugging in different ways. Maybe someone want to move the job to NC; another wants to move it straight to Noida, India. Who knows?

I do think that the again low interest rates might cause Met to have to cut more. But, mass cuts look bad to investors, bad to policy holders and bad to prospective policy holders. So I think the cuts will the small numbers at a time to stay below whatever regulatory requirements there are. Anything to avoid bad PR.

One more thing. The CEO is new to the role and a new Head IT guy is coming in. So maybe there will be calm for a while till they figure out what to do. On the other hand, what's the advantage of a CEO picked from the inside if he doesn't know how things work and act on it right away? I pity the new IT guy. Marty left him a mess.

Well, I look forward to the CEO telling us what our "purpose" is next week.

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Post ID: @10LlEtzi-aahp

Just goes to show that MetLife is a garbage company to work for. They treat their long term employees like trash and the newbies like gold. I remember one boss saying on a conference call that he losses sleep over the cuts, yeah ok swinging the axe makes him tired I guess . I also like when they play the manager shuffle. Just before they are going to get rid of a team and the manager is going to be saved they move that manager to another dept. temporarily and have you report to another manager you don't even know to tell you your gone. Can't blame the new manager can we ? Oh and your old manager hides in a corner and says they didn't know anything. "Met Manager Shuffle"

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Post ID: @10LlEtzi-aycx

Layoffs completed??? No way in hell. We've been waiting for almost a full freaking year to hear when my husband's last day is. No one can tell us anything. His boss doesn't even know! We were told a year ago that his last day would be in the 3rd quarter of 2029. Guess what???? Here we are and no one knows a damn thing. He's been with Met Life almost 25 years and he can't even be transferred down to Carey without interviewing for his own job! And his pay would be cut if he chose to go that route. It's a crock of c-ap.

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Post ID: @10LlEtzi-9ayt

It appears that the only safe area is MetLife Holdings?

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Post ID: @10LlEtzi-8toi

Who is Mr. Pepsi, and how do you know how he views employees?

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Post ID: @10LlEtzi-7cms

Who's Mr. Pepsi?

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Post ID: @10LlEtzi-6fkb

Safe at MetLife ? Layoffs are done ? Oh Please they may quiet down a little but you know another operation will start soon. The corporate greed machine and the ME attitude from upper management will continue to crush this company. The only way they can hide is loss is through labor cuts. Also with Mr. Pepsi involved with IT a totally clueless leader that believes any employees with a long history in the same role are viewed as a stale employee, there will always be cuts. Bottom line is you are never ever safe at MetLife, remember that. Work, get your paycheck and if something else comes along leave it you owe them nothing.

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Post ID: @10LlEtzi-6hic

It all adds up. In the name of UCI, Relocation Strategy, DXC Rebadging, ReOrgs & MetLife Way...There has been a significant amount of strategically planned “layoff business” carefully crafted & executed throughout 2019. Small pockets throughout the business, by design, to comply with employment laws & keep under the media radar. Off role dates staggered. Not suggesting anyone live in fear for their job. But don’t do a disservice to yourself by believing these practices will come to an end once this calendar year is over. Regardless of your faith in the future of MetLife or any company....be smart, believe in yourself & always have a plan B. You work for “insert company name here”.....Not the other way around.

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Post ID: @10LlEtzi-1brn

Most of the 1400 jobs have already been closed and layoffs completed.

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Post ID: @10LlEtzi-1pav

US Relocation Strategy impact notifications went out. Off role dates vary through end of year. This does not include other layoffs due to reorganization and/or MetLife way. Don’t think you are ever truly safe in Corporate America where layoffs are a “quick win” for leadership. To those that remain & worried about inheritance of workloads...Don’t worry I’m sure there will be hiring spikes in the future. All part of the game.

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Post ID: @10LlEtzi-byd

I don't know who your sources are, but that information would be false. There are a total of 1400 jobs being lost within GTO. Notice was given earlier this year and last days will be between this Friday and the end of next month.

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Post ID: @10LlEtzi-qux

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