Do you think Michel implied a layoff announcement coming this April?
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Got a note today from someone who had their position eliminated. Wondering how many more there will be before month end. But hey! We care about you! #BeWell
Might be coincidence. Bonus has been paid. There could be incentive money $$$ to leave. Pension plan not as sweet for the long termer's as it was.
Depending on how much incentive, you might take it too.
I agree with you that more and more of the older folks will be leaving, though.
Already heard of 3 upcoming "retirements" in my LOB within USB. Coincidence that these individuals made this decision at the exact same time? #EmployeeCare
US retail was 4000 employees.
Ops for Poland and Greece was 450.
P&C was 3500 employees.
That is still 16,050 jobs gone.
Don’t forget you have US Retail Separation (2016/2017), sale of MetLife’s P&C and the sale of MetLife’s operations in Greece and Poland impacting the number of associates at MetLife.
since 2015. MetLife has reduced its size from 69,000 employees, to 45,000 as of December 2022
Just onesie/twosies, and likely those already with performance issues. Can’t envision large scale layoffs at this point.
They already started.
Yes and yes
Expect to see small scale layoffs but nothing major. They already did a round of layoffs in December.
I don't bother joining call. Windbag