Thread regarding Moody's Corp. layoffs

What are the reasons for layoffs and will there be more?

Why did they decide to lay off close to 100 people from several departments? My opinion is that there was no justifiable reason for this. I was horrified when I found out that they laid off people with great performance. An even bigger question is will there be more? What will follow?

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Post ID: @OP+1aCVBwOe

3 replies (most recent on top)

MA? I know people from MIS recently got laid off.

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Post ID: @emya+1aCVBwOe

Which groups are being hit? It seems like job postings are at all time high with tons of new roles in the new OUs.

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Post ID: @aoog+1aCVBwOe

Yes, there will be more layoffs as that is the culture being introduced by the new leadership. Employees are now considered disposable resources regardless of performance and will be treated as such.

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Post ID: @4mkz+1aCVBwOe

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