Thread regarding Manulife Financial Corp. layoffs

For those recently laid off

I want to say how sorry I am that this happened to you - especially during a pandemic. It’s never easy when the company we work for decides the best “cost cutting” measures are to cut hardworking decent employees. I hope each and every one of you is able to recover from this mentally, emotionally, and financially. Whatever company you decided to work for in your future will be fortunate to have your knowledge and experience.

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Manulife, something is wrong with the internal business structure if during mass lay-offs, “cost cutting” is the reason. It’s an ironic statement, from a company that has Finance in the title. This statement shouldn’t be an excuse from a company that should aim to be World-Class in financial structuring i.e. financial theory, financial risk, financial impact, eliminating financial waste, etc.
Do better Brontosaurus.

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