Guys they have 20 to 25 % cut goal based on department.
Good luck all
Source: A friend in pt department.
7 replies (most recent on top)
@2rto+1tRhQTbr you scorched Earth conspiracy theorists that thing they are wiping out their entire NA workforce are hilarious. All this over some standard job cuts that affect every industry every half decade or so.
Good time to be in the finance area. Sorry for all you engineers!!!
Source "trust me br0" lmao
this isn't fawwkin news anymore, already mentioned back in June during investor's day, exactly from the CFO/CEO.
This for sure isn't applicable to all departments. IT is already stretched super thin in most areas.
Guys, I am sorry to tell you that what I posted is true. I work at CTC (PFDI) and a guy who works in PT told me. I hope it not true, really I do.
Oh wait, where have we heard this 1 before? Christ sakes there is some bs going on here and reddit
If you were in SWX call last week, it's been already confirmed from the high ups that they don't intend to cut people, in North America that is, for remainder of the year, however it's best to keep applying.
We shall see after Q4 beginning in Q1 2025
On one hand, we've heard a ton of things on this site already, almost zero of which turn out to be true. Even information I have heard from managers in other areas.
On the other hand, that's really not that many people in the grand scheme of things. From the email itself, it clearly states not all areas will be affected by the ISP.
he 2024 Voluntary Separation Program will be offered to U.S. non-represented employees at the VP level and below in certain functions.
Key word being in certain functions.
God help you if you're an engineer, or work in one of the brands they are planning on cutting. If your job is not related to certain brands, you're probably going to be ok.