I heard there were company wife layoffs yesterday at Equifax at least in the Atlanta area?
3 replies (most recent on top)
Yes. Layoffs across the company. Workforce Solutions wiping out New Logo Sales, Account Executives, and other areas within St. Louis. Many companies have relied on selling back into their customer base and have failed miserably. Why? You need foundation solutions that impact business processes and not 'add-on' applications. Workforce Solutions, with two exceptions, have applications and not business foundation solutions. They let go of top performers in lieu of hiring cheaper and less experienced team members.
i know at least 7 employees that were laid off in IT in St. Louis – and that is only two groups. Everything is kept quiet, it is hard to know how extensive the action was,.
It is ironic that Mark Begor's weekly email didn't address the layoff at all. It would be nice for leadership to talk straight with their employees, but that is too much to ask.
Yes, there were. I was told that money was tight on the same day we got an email from the CEO talking about how great sales were. I worked my butt off for these people. In the end it seems it wasn't worth it.