I'm newish here, so I'm not sure how layoffs work. In other companies I worked for, Friday was never a layoffs day. I don't know why, but that was simply the way things were. Is it the same case with Sungard? Or is there a chance that we might see more cuts sometime today?
6 replies (most recent on top)
Having had to let someone go in the US, I found it a brutal but clean process. In the UK it's less brutal but more drawn out (1 month consultation) before the decision is announced as to who goes and who stays.
Having been a manager who had to give notice to an employee. The process was known for weeks ahead of time, you had to give your selection to upper mgmt on who gets cut, mgr discretion on whom. They recommended to do it based on merit. The date is penciled and can be delayed due to various factors. They give managers discretion on when to do it in a given day but it has to happen on a particular day, exceptions are given for people with known absences. But they highly recommend that you do it first thing in the morning. And that the employees has 15 minutes or less to gather their things. It’s rough, everyone hates it, but that’s the way it goes.
Not usually on Monday or Friday. Tues Wed, and Thursday are the days to get the walking papers.
The day doesn't matter. I saw them done any day of the week and no regard for time of year or holiday. It is how it affects the finances. Get people off the books to show some sort of positive financially.
They're not concerned with what day the cut falls on now; there was one on Friday, April 30th.
They don't typically do cuts on Friday.