Today is the last day for many people at TR. Expect updated org charts on the Hub with lots of missing faces. Does anyone know if there will be another wave of layoffs in Q1 2019 or will HR wait for a big wave of post-bonus attrition in March before the next round?
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I think they are counting on a lot of people in their 30s and 40s to see the writing on the wall and to intensely job hunt and find new jobs. That will count for their hopes for attrition and will be part of the 3200 jobs they want to get rid of by 2020. They also hope that a lot of people will move up their retirement dates and not wait for the humiliation of being canned even though it means a severance package,
March is usually good month to jump ship if you have another job lined up. I suspect attrition after bonuses will be significantly higher this year unless we hit a recession.
Do a lot of people quit each year after the bonus is paid?