10% layoffs coming next week… all departments advised to reduce employee base
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Now rumor is that EMEA and APAC are going to stop all billing all together in June. Several calls this week with upper management and more calls scheduled the rest of the week with them. They are not telling anyone under a certain level anything and have been advised not to talk about it.
A company that is actively disabling auto-renewals is not one that is sticking around.
Do you know this for a fact? Do you mean the whole business or parts of it? This is concerning for everyone left
going bankrupt will be the next announcement. watch.
In Notified India the number of mangers are more! In a department there are 2 directors and 12 managers who are taking care of 52 employees! Workforce should be reduced on management side!
Which departments? Is Notified having layoffs?
Is this to prepare for a sale or was that just speculation? Does anyone know how badly conference calling use has plummeted? If auto -renewals are being scrutinized are they doing this to mark-down deals that are out of line with market? Reps getting paid on these?