Has anyone heard about the ‘hundreds’ of employees moved to COO EBCE Control Management? Instead of laying off, all these people were put on a temporary work assignment with this group to help them pass some ‘phase’ requirement. Some people have a job until January and some till April. Most of these people have zero experience with control management. But they are out of a job when their work assignment ends.
When we heard about this, we can only assume they are changing the severance package coming 2025 to sc--w the employees over once again. That’s why they chose to move hundreds of people over rather than provide packages for hundreds at once.
One of the leaders even said during his calls that only a few can apply for a permanent position if it becomes available, they have to be in one of the 5 main HUBS. Otherwise, good luck finding a position in your area should there be a posting in your HUB for anything else.
Scary for the rest of us if they are waiting to lay more off but waiting for 2025 so the packages are smaller. Wells had already cut the packages in half before COVID.
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This explains why EBCE guidance has been terrible lately! They are telling them what isn’t a control, what isn’t key vs non-key, etc. EBCE can’t meet their deadlines so people in the FL are doing whatever they can to take things off EBCEs plate. They are going back to the bare basics of only one control per control suite. The pendulum has now gone the opposite direction people.
They have experience. Many were from other testing teams but not located in a hub location so they got a short term assignment prior to being displaced at the end of the year.
@kvk+1usAtWaT Not sure exactly when it changed, but it is in fact 50% less now than it used to be.
What is EBCE and FLIV ?
EBCE and FLIV and Program teams are about to be fired.
this has nothing to do with changing severance and they have been moving people into these roles the last couple years.
The severance package was the same before COVID as it is today.