I don’t know. Driving Is way up it seems since June .. they may be watching trends and waiting. Who the heck knows what their plans are? Anyone’s guess
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I highly doubt it.
Three town halls ago, there were no plans for layoffs. That was either true and the company did a sudden 180, the leadership spoke without knowledge of the subject, or was a falsehood.
Earlier this month, the Brandt email said claims mangers would know which departments would be impacted by mid-month and claims employees by end of month 7/31. That was either true and they're doing an about face, Brandt spoke out of turn, or was a falsehood.
The Tuesday townhall has set the expectation that it could be months before many people find out if they may be impacted, will take assessments, or if those assessments will result in losing positions. It would be 60 days from then until they're let go. Again, who knows if this is true but might change, they're speaking really out of turn or just isn't true at all.
Schrödinger's Cat for our use can be called Shapiro's Cat. We don't know if we will be impacted, when we will know or what is to come. We are both going to be fired and not fired simultaneously.
Let's assume layoffs are on the high end of 6,000+. That still means 80+% of people overall won't be impacted. Those are pretty good odds at the aggregate level but change dramatically depending on your department and role. Yet that obviously means 1/5 people will be impacted. A 20% chance of being let go in a bad economy with a bunch of other people looking for jobs in the same field is worrisome for many.
A wise person might hedge their bets, apply for positions and see what happens. If they get an offer they like, they can decide how they want to play it. If they don't get an offer but get interviews, they're sharpening skills to be more competitive. They don't have a decision to make until they have a decision to make.
I for one hope they drag this out for months. I'm not a sadist and don't enjoy the uncertainty. However; the longer they drag this out the more money I make and can save. The longer I am here the more potential severance. The longer they wait, the more opportunities for other jobs and interviews. Hopefully the economy will improve during this time, so if I'm given the boot in 6 months I might have a better chance at a quick rebound than in 2 or 3 months. It's hard to read the tea leaves when 5 months ago there were no layoffs in sight, the economy was the strongest in decades, unemployment near record low and pandemics were Netflix fiction.
Either way, I think it is almost a certainty that if you're in claims you have a long time to wait. But, what do I know?
Likely more next week. The second wave for this RIF is set to take place starting early August and that is where claims and home office are rumored to be hit deep and hard.