There are now already position cuts and layoffs planned for 2021 after this round. Broad numbers are being given to managers for next year as in cut 100 positions in your department in 2021 and it's up to them to determine out of that 100 who leaves (as in low performers and highly paid). And if that position is truly needed, they will replace you with younger cheaper people. The job market is picking up quickly. Get out while you can. Don't just stick around hoping they will keep you.
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Well, yeah. We’ve already proven we’re daft by working here in the first place.
But @btq, that's the leadership team that has so successfully, um, (checks notes), yeah, i got nothing
(Used a windfall tax break to buy back stock? Does that count?)
Tom said he wants to save several billion dollars over the next three years. Yes, the VPs already know who they are going to cut next year and the next. Haven't you all noticed there have been no major cuts at the leadership level, but more promotions. I am sure one leader's salary could have paid for 10 minions.
You would have to be daft to think this is the only round