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850 laid off at Inter IKEA Group

I know this is a franchiser, but I think it's only a matter of time before we start feeling the heat as well. I'm already noticing a drop in foot traffic at my location. It's nothing drastic, but if the economy continues its downward spiral and tariffs continue to beat us up, we might be looking at layoffs as well.


Breakthru Beverage Lays Off 500 Workers Amid Industry Shakeup

Breakthru Beverage Group has undergone a “strategic review” of the company’s “overall business,” according to a memo sent to employees by CEO Tom Bené on Tuesday, leading to layoffs of approximately 500 people, sources confirmed to Brewbound.

https://www.brewbound.com/news/breakthru-beverage-lays-off-500-workers-amid-industry-shakeup


Collaboration?

So I witnessed to following: I was in WHQ, in an open space on one of the floors. The area had 4 small collaboration tables and an area with workstations. A group of 3 workers sat at one of the collaboration tables to hold their meeting. A man, who was working at the workstation got up, approached the group and told them to leave. He said that they were disrupting him and he couldn't concentrate. The group got up and left but one of the joked about not being able to collaborate. The funniest part is that, within a few minutes after the group left, the man got up and left for about an hour (I assume lunch). I wonder if this goes on all the time.


Year End Review Groups and Percentages

Posting this for the inevitable questions over the coming months, or more likely next year when fears of being PIPd come up. These are the groups and the percentages for each group. Reminder: if you are in Group 4 or 5 you will not be eligible for severance. I expect very few who are let go receiving severance next year when there will be 25% of the population to choose from who would not be eligible.

Group 1 - 10% - Significantly Exceeded Expectation
Group 2 - 15% - Exceeded Expectations
Group 3 - 15% - Achieved Expectations
Group 4 - 15% - Achieved Some Expectations
Group 5 - 10% - Did Not Meet Expectations