Thread regarding Scientific Games Corp. layoffs

Hold onto your chips

First SG furloughed/laid off employees with the hope of weathering the economic crisis that Covid 19 has caused and now rumors of more layoffs (if true) are on the rise. These "cost effective" methods are just a short term reprieve to the real issue at hand. Executive management is top heavy and needs to be trimmed accordingly. Reorganization needs to be more streamlined with processes becoming more cost effective. We have lost our innovation with outdated technologies. We are failing on many level, is it any wonder why rumors are beginning again about another round of layoffs?

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Post ID: @OP+17cWrpKP

12 replies (most recent on top)

The health insurance plans for 2021 are as terrible as ever. The cost-sharing makes it so the employees are paying for just about everything out of pocket.

The Essential Plan doesn't cover anything until you meet a huge deductible. And if you are unlucky enough to need health care costs more than the deductible, the co-insurance amounts are terrible and the out of pocket maximums are very high.

The Critical Plan has enormous payroll deduction costs. Overall, the Critical Plan is about the same cost as the Essential Plan, except you're pre-paying for everything out of your paychecks instead of paying doctors directly. The only reason to pick the Critical Plan is, if you know you are going to be using a LOT of health care spend in a year.

There is no reason for anyone, ever, to pick the Choice Plan. Full Stop. I'm shocked they're even offering it. There is literally zero scenario where this plan is better than the other two plans. It's more expensive no matter what your situation. If you pick this plan, you're an id1ot.

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Post ID: @lsit+17cWrpKP

Screwed it up and understatement. Bally mishandled the shfl merge. Scigames just borked it all up. K–led culture. Installed clueless mo–ns into management. Removed perks. Spied on people. Good people lost jobs. Several good companies were gutted (wms/shfl). Who profited off the misery of so many people? Would love to see THAT list of names for some karmic payback.

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Post ID: @lqsi+17cWrpKP

Previous Management screwed things up by buying a bunch of companies and sticking the whole organization in so much debt that they'd need at least 10 years of no market downturn to be profitable again... The bet they made was that there wouldn't be another financial crisis for at least 10 years... they lost that wager... They compounded it by rushing out products and reducing production schedules by half prior to COVID...and now... no one is buying them..because c-sinos are only partially open. The biggest screwup of all was sending the mobile/online business off into its own IPO...

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Post ID: @krjo+17cWrpKP

Scigames has historically laid off in October. I have not seen the company consistently layoff after G2E. What makes it different this time? I feel Project Management, Engineering and other departments need to be restructured. PM can be eliminated in my opinion, they are just gophers and middlemen.

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Post ID: @grna+17cWrpKP

We're patiently waiting for your evidence... Give departments or positions, or this is just fear mongering about layoffs.

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Post ID: @fhrz+17cWrpKP

To below poster, please share your evidence. Give departments or positions, or this is just fear mongering about layoffs.

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Post ID: @9msa+17cWrpKP

I think their evidence is that layoffs have been fairly common in recent years so why would you think there's no evidence of any more in the future? Who on earth could be posting and defending this company at this point besides someone in HR?

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Post ID: @9vfw+17cWrpKP

Yeah, the update is that there are non coming. Where is your evidence to the contrary? Could you please post your sources. You won't because there are none...

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Post ID: @8hqj+17cWrpKP

Any updates on the layoffs that are coming?

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Post ID: @7olt+17cWrpKP

Previous management screwed things up. When SG purchased WMS and Bally they should've consolidated staff. Unfortunately they doubled up on positions and even tripled up on positions. They should've kept HQ in either Vegas or Chicago and phased the closures of the other offices. They waited too long in making Scientific Games the core focus, the company's own staff don't recognise the culture. We're all still hanging onto past names... I'm Bally, or I'm a WMS or Shuffle. Just my opinion.

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Post ID: @1ved+17cWrpKP

I've never worked at a company with so many VPs, directors and managers... it's ridiculous. Every time you blow your nose we have a new director or VP for some duplicate post. This company has no clue about running an efficient organization. I suppose they enjoy just throwing money away.

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Post ID: @onp+17cWrpKP

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