#execshuffle

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August Layoffs- Be Ready

We are in for another round of layoffs for August.
The company has been slowing spreading them out so they don’t have to legally inform shareholder and follow the WARN act.
They are also making a mandatory Return to Office FULL TIME for 5 days a week. Anyone who doesn’t comply will be fired without severance package.
The next wave I’m also hearing, is those that don’t live near an office will eventually be told they have to relocate to a state/ location where an office is or they will be fired/ let go. It’s a way for them to save more money not having to pay out for severance packages.
With the recent departure of Chris W, it’s only a matter of time the new Customer Experience Officer / Sales Officer Chance replaces every single sales manager with the Street and Fusion leadership.
There are rumors going around that all sales positions will lose benefits and go to 1099 commission only.

You have been warned.


“Leaving to pursue other opportunities” gag

I heard there was an email shared of an exec in EMEA who was leaving to “pursue other opportunities”…… but under the email announcement was a conversation about their settlement agreement having not been signed and when they should share the email on the replacement.

Anyone else see/hear this? You always knew the majority weren’t leaving of their own choice but this would be confirmation on the way this place behaves