Thread regarding Tyco Electronics Ltd. layoffs

Major Covid RIFs starting June

Fasten your seatbelts and hold tight! It is going to be a bumpy ride the remainder of June for white collar workers...Series of "mandatory meetings" with management are coming underway.

Recommend you all start tailoring your resumes and reaching out to your network connections. It doesn't matter whether you are in the BU's or Corporate.

Good luck and stay strong!

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Post ID: @OP+15sKZZUW

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Severance depends on band and years of tenure. Ask your HR person for the rules.

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Post ID: @omqe+15sKZZUW

Just got mine and it is not a good one.. Isn't TE supposed to have a severance fund of some sort?

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Post ID: @bxbv+15sKZZUW

Got mine as well this morning. How widespread? I only saw a a couple dozen in the documents I saw but it was all up and down the band hierarchy.

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Post ID: @5szz+15sKZZUW

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