Another round of layoffs is coming the first week of January. Managers will have one FTE of their choosing to pink slip. Additionally they will have to choose another FTE to be on the "Red" team. The "Red" team is those who are slated to be laid off and is also used to determine outsourcing needs before they are given their severance.
Management reductions are coming at the end of 1st Quarter. Justification will be that their are not enough direct reports to justify the amount of managers.
Good luck everyone.