Thread regarding Manulife Financial Corp. layoffs

Got laid off this morning

Unsure if it was due to being on leave or because actually massive layoff is in fact happening. Be warned.

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Post ID: @OP+1svQ931H

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But the stock is doing well. Hang on to it... Over the years as they run the company into the ground, the share price keeps going up and paying dividends. That's what the senior leadership wants since they benefit the most from it ...

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Post ID: @eipz+1svQ931H

Sorry to hear, that time of year. They lay off great people and keep id--ts running programs into the ground.

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Post ID: @1maa+1svQ931H

Can’t say was told by HR to keep conversation between them as they were to notify more people but didn’t want them to know. US side, offshore probably not affected since they stated “financial” loss. Just keep in mind if your department got new hires that’s an alert that they’re going to drop those who are not performing. Lower level not higher ups like usual.

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Post ID: @1sva+1svQ931H

Sorry to hear of job loss, what location/role? Heard there might be something in the works.

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Post ID: @1drf+1svQ931H

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