Ugh. Going to be a LONG summer.
17 replies (most recent on top)
I'm hearing June and August and after August the acquisition is being announced right before Labor Day.
My money (sub) and experience says the week after DR, like usual.
3rd week of June makes sense.
Before July increases take into effect.
By going in waves, I believe they also avoid triggering the WARN Act that requires 60 days notice (or pay in lieu of notice) as well as special reporting requirements to elected officials.
I am in GRS performance and they let many go last month. We are being told to review each other's clients in case they need to be moved. I.e. more staff action events to come. I really don't care anymore. How could you. I feel it would be better to just layoff the correct amount and stabilize our departments. But no. MGMT thinks it's much better to have constant layoffs and outsourcing.
zqi: thank you for that excellent explanation. It makes a lot of sense. I'm 60 and was let go in January. I've had lingering suspicions about how the BE performers are chosen.
The main reason as I understand it is to 'pool' as many layoffs as possible into larger groups to attempt to get around age discrimination claims. The larger the pool of layoffs at any one time, the more likely the average age of that pool will be closer to the age of 'everyone else still there'.
1zzz because not every month can be a gift. Nor can they release/parole us, the inmates, in such a quick fashion. There's paperwork involved. :)
Why not every month?
Take me take me 🤣
Rumor on our floor is August.
Corporate Actions: November, February, May, August.
I set my clock by it.
Charlie
June and August. So basically every month.
I heard 3rd week in June. I’m ready. Nearly 40 years and tired of the bs
Agree with August
Third week of August
Maybe August if you are lucky.