Thread regarding MetLife Inc. layoffs

MetLife Layoffs 2020

Have you heard anything about potential MetLife Layoffs 2020? Any news or rumors?

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Post ID: @125AMOPR

9 replies (most recent on top)

i just got hired so hopefully not !

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Post ID: @125AMOPR-jthd

GF says no mail from Khalaf either.
Post that says so is just camel trader talk to manipulate the price higher.
Won't be surprised if a deal closes December 31.

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Post ID: @125AMOPR-bysz

I received no email from Khalaf?

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Post ID: @125AMOPR-bhzb

Peculiar that these stories appear in press, if there isn't something behind them.

Who all received the email? Can you post an excerpt? Unusual for CEO's to send out denials to press stories.

CEO plans can change in a second, if the price is right. Plus, who knows what they mean by "plans"? Maybe that means, "nothing written in the plan book, but if the right offer comes in, sure, we'll sell".

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Post ID: @125AMOPR-apas

Well we all received an email from Khalaf stating there are no plans to sell off any parts of the EMEA business. I guess we're safe for another 5-10 years

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Post ID: @125AMOPR-alby

@7iqk, that is big news.

Likely true, since stories like this since in press from May, but who talks to press about such things?

In most corps, it's tightly controlled and everyone involved is under NDA.

So, maybe this is an intentional leak from the very highest levels to gain some advantage. But what?
Cant' see that Met gains. Generali gains if Met shareholders favor the sale and put pressure on management to sell.

Agree this could result in Met reductions. This could be transfers of people to Generali or post sale reductions in force. Either way could be favorable to Met's "unit cost initiative".

If this is real, seems reasonable to close by year end.

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Post ID: @125AMOPR-9aaw

Big news
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bloomberg.com/amp/news/articles/2019-11-22/generali-said-to-eye-bid-for-metlife-europe-assets-by-year-end&ved=2ahUKEwiQ7PCCjIXmAhV6XRUIHW8CClgQyM8BMAB6BAgFEAQ&usg=AOvVaw3PUwv9_KJU-Ruie3W9KHTa&cf=1

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Post ID: @125AMOPR-7iqk

The working environment has become so deliberately toxic to push people out the door.

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Post ID: @125AMOPR-6cds

I hope we will not have layoffs. Do not trust rumors.

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Post ID: @125AMOPR-5urj

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