A birdie told me the formerly fastest growing business unit may be hemorrhaging top tier sales reps and managers. They can’t be making money in that business unit with all the resource requirements.
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Today they had a RIF in the Strategic group today. I know a guy who was over 100% of his quota for the first half who got hit, probably because he's old. That enterprise group in Comcast Business is pretty sh–ty – I'm surprised corporate HR hasn't shut them down the way they operate.
The big reorg is imminent. They are in the process of determine who leads what. The Enterprise / MES group will be smaller and the remaining sales reps will have a smaller deck of the very largest accounts.
One thing I've heard is they focused on giving poor midyear reviews to people who will be laid off. Anyone who got an unexpected poor performance review should probably be floating resumes out in the field. Apparently they don't want older or minority employees suing for discrimination or wrongful termination so they made a concerted effort to document and maybe even embellish the negatives for those being terminated. Embellish was the word the person I spoke to used. If this person was accurate, you have nothing to worry about if your midyear was Meets or better.
Comcast MES is starting to get national calls. More t.worry about
I work in HR in Houston. There are layoffs coming. We have been preparing for 2 months to relay the information to those that will be impacted.
Comcast Business only reduced employees who weren’t performing. Comcast is a VERY fair company and gives a lot of time for you to improve, but COVID or not, Comcast is a pay-for-performance company. Those who left (including me) were offered many options and a temporary placement in CARE. I understand the decision... you have to perform in sales. If you don’t, you can’t be in sales here.
Here come the stock buybacks to prop up their share price!!!
Laid off 20 in Freedom region, left with no health insurance for during covid, where’s the $500 million announced to keep jobs Brian Roberts???
Big South Regions laid off Cams & BAE1 Cross the region. So did Florida Region.
Hundreds laid off across the country from the SMB Department
It has begun. The massive layoffs are here. Today actually. Best of luck to all!!
Bogus, heard nothing about this at all
Nope! Nothing yet, numbers are quite good And trending up up up April-May-June