Thread regarding John Hancock layoffs

Layoffs being announced today in Boston, dozens impacted.

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| 5122 views | | 17 replies (last May 13)
Post ID: @OP+19rY5Ajl

17 replies (most recent on top)

Just got laid off this morning. Don’t know if position really eliminated or due to being on leave. But be aware. Lay offs may be happening.

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Post ID: @j4acg+19rY5Ajl

I was pary of the many laidoff late October 2021. Almost 21 years there. Waited many years for my 11 month severance package.

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Post ID: @6Hqbp+19rY5Ajl

I'm in retirement services (old NYLBS) and 10% of us are going to get cut over the coming months.

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Post ID: @uczb+19rY5Ajl

layoffs happen at all times of the year here not just bonus time

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Post ID: @baul+19rY5Ajl

not sure if it would make sense to layoff more after distributing the bonus..

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Post ID: @afgz+19rY5Ajl

Seems this was just the first wave and more are coming...

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Post ID: @9ywy+19rY5Ajl

They’ve been assuring us since the beginning of COVID that no layoffs were planned. Now we’re laid off without warning two weeks before bonuses were to be paid out.

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Post ID: @9qhr+19rY5Ajl

Seems really fishy on the timing and the selection of those laid-off.

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Post ID: @7vvi+19rY5Ajl

seems like strong performing teams let go on Insurance IT side, for teams in dying parts of business (LTC, Annuities) to take over.

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Post ID: @2fll+19rY5Ajl

I’d love to hear others experience with this, I’m noticing a tread..
Fmla, maternity leave, short term disability
So far everyone I’ve heard getting let go had some sort of condition on employment. 🧐

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Post ID: @2cab+19rY5Ajl

My daughter was laid off yesterday with no warning and she is pregnant. She gets no maternity leave. She has no access to her portfolio of work, so applying for a new job will be very difficult. She has been an outstanding employee. I understand the need to run lean, but to directly hurt human beings during one of the most difficult periods in our national history?

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Post ID: @1ikk+19rY5Ajl

Was part of IT & Ops. Have made it through dozens of reorgs, but today was my day after 20 years with company.

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Post ID: @1dxo+19rY5Ajl

I was in annuities and was laid off today after 3.5 years. No warning no nothing.

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Post ID: @1waw+19rY5Ajl

Make sure that you leave reviews for the company on Glassdoor detailing your treatment, and the direction of the company

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Post ID: @vzm+19rY5Ajl

The layoffs occurred in JH Operations, Marketing, and Technology (IT).

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Post ID: @lpq+19rY5Ajl

169 let go today, mostly in JH Insurance

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Post ID: @ffj+19rY5Ajl

Can you give more details? Which departments are affected?

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Post ID: @ecl+19rY5Ajl

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