This is it....the next big layoff day is upon us.
Who will be cut?
Any EVPs, SVPs, MDs or VPs?
Or will the regular workers once again have the target on their backs?
I think we all know the answer. Now we just need to wait to see how bad things will be!
Wednesday? Your now conditioned to believe layoffs only occur on Wednesdays? Boy do they have you brain washed....
Y'all ain't seen nothing yet....Just wait till the stock market crashes....
oh and it will. Bank on it.
They didn't come for me. Wish they did. Still at work now.
How did everyone else do today?
@Post ID: @11ZUDah8-1blt
On the technology question, they reason is 2 things, to get rid of the older technology systems and replace them with the new systems.
Once you replace the old equipment with new you then get rid of the staff which ran the old equipment.
I don’t expect a massive lay-off this year. Most departments have made their headcount targets for 2019 thru attrition. 2020 US headcount reduction is currently targeted at 25-30%. This is a mix of offshoring and technology cost (Efficiencies ) . The big question is we continue to pay for technology that comes up way short of expectations. You pay 20 bodies for something that doesn’t even output 2 people of savings.
Last week, 4 from department are iaid off
If they knew what they are doing, they would cut the way too many useless managers and executives.
Are you the same person that posted last week there would be carnage and there wasn’t. Please stop unless you have good information. If you have good info you should be able to provide more detail
@Post ID: @11ZUDah8
Lol how many low to mid level workers are left ?
I mean the ratio of Mgmt to a worker is 10 to 1
Go to any department and see at least 5 Mgmt types and maybe 3 to 4 workers