Does anybody else think that it's really odd they're putting us through all these mandatory happiness committee meetings I mean if you're going to lay me off just lay me off don't leave me around for months wondering whether or not I might have a job to put food on the table for my children I think this is cruel
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I have been there. Don't wait. Look for employment before the market gets flooded.
Been through this with AIG, so I understand. Just realize any loyalty you perceived from your legacy company is now gone. It's hard to accept, but these new leaders DO NOT CARE about you. They are checking the boxes on what McKinsey or some other fathead consulting firm is telling them to do. And, as others have mentioned, their long term incentive is tied to how much cost they can take out of the system. Doing it with better management is difficult, but it can appear much easier by saying we'll outsource it to India. That's exactly what has happened other places, especially in IT. But it will apply to a lot of business process outsourcing that isn't tied to technology, either.
The culture will die along with the bonds built over many decades. But please don't worry about the leaders, they walk with multi millon $$ golden parachutes. And people wonder why socialism has appeal to a growing number of folks.
The best thing to do? Update your resume. Follow up and reconnect with contacts on LinkedIn. If you have special skills and they start talking about you training others in what you know, resist it. One of the better ways to avoid being cut is being indispensable.