I fully expect a major layoff announcement to come within the next month, given the industry outlook and ongoing trade war. In the past, has Micron paid any severence to team members who were laid off? I don't mean the fraudulent performance review purge that happened last year, but an actual layoff like 2016.
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New management s---s, promotion go mostly to non diverse group, but its called inclusion. Micron really becomes an indian company. Hirinig freeze in US and 2000 new jobs by end if next year in India.
I hope board understand that inviting Sanjay did an irrepairable damage to the company.
Reviewing on Glassdoor is not going to save your job, but whether or not you were sent the memo may be an indication of whether or not you have job security. I know they only sent the memo out to select employees that they suspected would rate them highly. They also sent the memo out after surveys. I’m thinking they either used the survey results to figure out who to send the memos to, or they sent out the memos based on how employees were being ranked going into the quarterly reviews (with only high ranking employees being asked to review the company).
Even with an uptick in positive reviews on glassdoor, roughly half the employees disapprove of the CEO and would not recommend the company to a friend. This should be a red-flag to the board of directors, stockholders and anyone applying for a job.
That explains the uptick in positive Glassdoor reviews. I noticed that yesterday and already knew it was fake. Does leaving a positive review using the Micron network keep you from being laid off? I would say yes the way this company runs now.
The redneck trolling is obnoxious, but on a serious note I do find the diversity promoting problematic. Not because diversity programs are problematic, but because they're trying to use a trendy social movement to cover-up how poorly they're treating their employees. They're doing things like trying to use diversity PR and sending out memos to select groups in the company to post on Glassdoor, trying to create the illusion that "Micron cares". Diversity programs are great when they're being done from a place of sincerity by a company that truly cares about it's employees, but when they're being done to mask the fact that they treat their workforce like dirt so that they can trick young college grads to come intern for them it's just gross. It gives credence to the r/The_Donald set, like the troll posting in this thread, and should be called out for what it is.
OP, as to your question: Don't count on one. If you're laid-off by rank and yank you're likely not getting a severance. It sounds like some of the people who were offered the option of staying on to "improve performance" during the last round of rank and yank lay-offs were offered them, but now it's off the table to everyone who isn't an older employee being asked to "retire early". No one I know is counting on one.
Why do you all have to be so mean to each other in a time like this? Shouldn't we be trying to stick together? Clearly the CEO did not expect a ban from doing business with one of their largest customers. The CEO will let us know more next Tuesday. We should all relax until then.
Actual layoff in 2016, I would say yes since current CEO has not joined at that time. "Fraudulent" layoff in 2018, yes, to make up for the last minute rank and yank system. Moving forward, uncertain, as CEO mentioned there will be no more package, whether he can make it happen is another thing.
I can't say for sure if they do or do not offer a severance. However, I assume that once the news from the CEO comments filters out to the employees over the next few working days, people are going to panic.
At this time Micron management have not showed their hand to the employees(at least not to us), however, Im pretty sure they are in crisis mode.