The expected 5% cuts?
13 replies (most recent on top)
I have asked this often. I’ve been told managers do NOT choose who they lay-off during a RIF, however, I learned recently that there was some wiggle room with that.
I know finance let some go today. Not sure of details yet.
Soon papi soon.
Usually Fridays is when they do it .
"RIF" - Reduction in force... force reductions, etc.
Supposed to be a formal process, but some managers take a short-cut and do forced below ratings, right or wrong, but in doing so rob otherwise good employees of an earned benefit when they are cut.
What is RIF
thanks for the notices clarification, so when is the firing? this friday or next friday?
managers getting the notices to take action
what do you mean by "notices"? notices to who? to the people being fired? or the managers who do the firing?
notices going out today... 5-Feb
LP = low performer I believe
A stupid question - what does LP stand for? Option to exit in 30 or 60 days - who chooses, the manager / HR?
What is the option for exit? Is there any severance package at all?
It was moved from February 3rd to February 18th for RIF and after that is June/July for the next RIF. LP are being put on development plans or given the option for exit in 30 or 60 days.