Thread regarding Synamedia layoffs

Great payrises

So. After the "no bonus" surprise and the promise of pay-rises and adjustments in January which was then delayed to March (though backdated to January), are you all pleased?
I would call it "constructive dismissal". After 6 years stagnation in Cisco, another year in hope in Synamedia only to learn 1.5 years later: sorry, but if you achieve your FAST or PACE or SWOT or Dev-Goals you may be considered next year?! Not even inflation adjustment?!

by
| 2438 views | | 6 replies (last )
Post ID: @OP+13OdJHto

6 replies (most recent on top)

@@1uwd+13OdJHto Synamedia is on track to be the next SeaChange of the walking dead in this industry. Best case is that Comcast/Sky pick over the bones at some point, buy those bones, and decide to keep some dev work going in Har Hotzvim and Staines.

by
|
Post ID: @18tfo+13OdJHto

Cisco has its own issues in its business but they probably got the better end of this deal. Always felt there was a lot of hubris by the buyer. The world has moved on.

by
|
Post ID: @ywdb+13OdJHto

Sounds like there was a handful of promotions to customer recently. Any more?

by
|
Post ID: @nnmy+13OdJHto

Not sure what the point of comments are any more with this company
it's bottom of the barrel
there's the possibility of turning a corner some day, but most likely not
people still here don't have many options, or they would be somewhere else, obviously

by
|
Post ID: @1uwd+13OdJHto

Much like the bait and switch bonus plan of last fall - sorry no bonuses save for a few key employees "we need to retain key talent" incentive plan. Clearly the recent meeting about pay raises and standardized pay ranges was just to check a box for the board of directors. There will be no bonus assuming you haven't been sacked by the time payout comes.

by
|
Post ID: @1cnh+13OdJHto

Post a reply

: