I was laid off on Tuesday. It was a complete shock. I’ve been a top performer for years. Been promoted 5 times in 9 years, selected for executive leadership programs, surpassed annual goals etc. This was not performance based, it was a true restructuring.
They needed to cut lower priority areas so that they could fund higher priority areas. We were told on the all hands call that a large number of layoffs were senior director level plus, meaning that the most expensive employees in low priority areas were the first to go. The timing was not a coincidence...
Anyone who understands how corporate balance sheets work would tell you the same. Still... it leaves a terrible taste in my mouth. I’ve worked my tail off to get promotions and raises, and I’m rewarded by getting laid off now that I’m too expensive.
Doesn’t really make you want to put in that extra effort knowing that it may ultimately be your own downfall. I think the executive leadership team had the right intentions, but the farther down the line the layoffs fall, the bigger the chance that layoffs will be political and will not be fair.
I know a whole team that was let go because the new manager was looking to clean house, not because it was a low priority area. Lots of politics, backstabbing, and chess playing as you get to three or four levels removed from Marc. I’m hopeful that I will indeed find another role internally.
And I’ve already been contacted by many hiring managers. who knows, I may even end up getting a better role and a pay raise out of this. End of the day, it still s—s. The ohana bs is on full display, We’re still in a pandemic, parents are still Juggling working and parenting/teaching, the all hands was completely tone deaf, and morale is low.
Hope if doesn’t do unrepairable damage to the company. I’ve never seen so much backlash from the safe employees.