Thread regarding ADP layoffs

American Greed at its finest

All of this started in 2017 when William Ackman from Pershing Square attempted a hostile takeover. ADP is paying 50% of what they paid employees 5 years ago, and are not only destroying the culture of the company and its standing with clients, but also with its vendors and contract providers. For years hundreds of people made a living doing contract work to augment full time employees with business demand required it. ADP has severed its contracts with dozens of firms, and the firms left are being forced to take significant reductions in compensation. This greed and mismanagement is affecting scores of recruiters and decades long loyal contract workers - some of whom were being asked to come back at 50% their prior rates. This started with the RIF and Retirement buyouts in 2018 and the 2019 actions are not only embarrassing but continue to pave the path for the end of ADP as the world leader in Payroll services. American Greed at its finest.

Couldn't have said it better myself. Great post @XjSfQ0K-Yfde .

by
| 754 views | |
Post ID: @YhZCJCE

3 replies (most recent on top)

1qvm, I'm the one who reposted this, so I need to say that the original poster is not to blame here. It is a good post, so I thought it deserved its own thread. Sorry if that offended you somehow.

by
|
Post ID: @YhZCJCE-1alz

Hey OP are you just going around this site pasting tyour text in each topic? Are you a millennial or something?

by
|
Post ID: @YhZCJCE-1qvm

Not the company it used to be. I’m sure Mr Taub wouldn’t be happy. I spent 30 years and it was a good run. Good luck to those left.

by
|
Post ID: @YhZCJCE-ayx

Post a reply

: