Does anyone know when we might expect the next round of layoffs to happen?
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There's ZERO validity that CDW or Ingram are interested in HV - neither want to pay for a depreciating asset and be parochial, with respect to having a product (storage) bias. They make LOTS of money with all storage vendors and purchasing HV would polarize their relationships in the market.
I understand numbers have been decided. what are you all hearing now?
This fiscal year comes to a close on 3/31/2022. How we do as a company will determine how and when the cuts will be rolled out. This company is running on fumes.
Nothing appears to have changed; However, I can assure you if you leave or get laid off your life will be MUCH better. Any HV employee with technical acumen will find a better opportunity. Do me a favor and keep the management at HV. ;o)
HDS/Hitachi/Vantara has perfected the layoff process after a decade of downsizing. Everyone who works there now is dead weight. The market is great- find another f'n job already :)
"Isolated, under performers".
Nice. I had no idea we had colleagues from HR present in these forums...
Every company in US does that age list to help deter age discrimination lawsuits, not just vantara.
Reports I here are same as other poster. Isolated, under performers will be let go, but only a few people.
"Dead Weight" layoff? Really?! They've never laid off dead weight. They lay off by line item spreadsheet covering every decade of age group to protect themselves from lawsuits. A friend showed me a federally required document that is provided to anyone that is laid off. It shows the position and AGE of each person laid off. They always have every age group covered - 20's, 30's, 40's, 50's etc. They do not look at skill sets or value-add at all.
Dead weight is the rest of the company though?
just the 'dead weight' "layoffs" no large layoffs are being talked about.
Some said layoffs has started but others said they are hiring big time.
Our sales org is not that good. I can’t imagine how that would be attractive enough to buy the company.
Really, Ingram or CDW? I'm not sure what they would want with Vantara, but I sort of get the path to hiring a broad sales organization. Kind of sad (but appropriate) if that is the end of the line for Vantara.
Layoffs began in Englewood Corporate and are funneling throughout all remaining U.S. locations. Englewood campus to close in 2023 with corporate HQ and remaining skeleton crew housed in Japan. HV is looking to be bought by either Ingram Micro or CDW - then more collateral damage from HV employees who will not make the cut.
Today layoffs have started.
They are hiring but just not in this country.
End of March layoffs have been the norm for almost a decade.
I'm shocked that Vantara can hire anyone with this track record.
There are calculations under way. No plans as of yet. It will be directly proportional to the savings needed to fund other parts of the business. Expecting 5-9% additional margin points for same.