#impact

Posts mentioning hashtag #impact

Below are all the posts — topics as well as replies — that mention the hashtag #impact.

Mention #impact in your post to continue the discussion!

More Rifs coming in December

It looks like more people will be let go in December. High-cost countries will be affected, but also Serbia and India. Serbia is usually left out (minimum impact) of the RIFs, as there is a huge turnover there, and Service Desks are decimated. Serbia is raising its minimum wage by January so entry-level jobs will be in the same range.


Massive USA layoffs due to new Trump H1-B $100 per application fee

The recent increase in the H-1B visa fee to $100,000 significantly impacts companies like Tata Consultancy Services (TCS), which heavily rely on exploitation of Indian workers using this visa program to employ serf workers in the U.S.
Financial Implications for TCS
ASPECT DETAILS
Current H-1B Visa Fee Approximately $1,500
New H-1B Visa Fee $100,000 per application
Estimated Cost Increase From about $13.4 million to $1.34 billion annually for Indian IT firms
Dependency on H-1B Visas TCS will reduce the USA workforce by 5,000 - 10,000 workers with no severance to ensure profits and senior management bonuses are met for the Sahibs and Zamindars to ensure their loyalty.

US citizens will be prioritized to be fired first during the first round of firings.
So much for loyalty


H1B Visa to cost 100k

Wonder how this will effect EnGen and Highmark???

It applies to H‑1B visa applicants who are outside the U.S. seeking new entry or visa issuance. The rule requires that, for an H‑1B petition to be accepted (or, more precisely, for visa issuance / entry to be allowed if one is outside the U.S.), the employer must pay a supplemental fee of $100,000.


Impact beyond the employee

This loooong reorg, threat of job loss, time to look for another, etc, takes a toll on the whole family, relationships, marriage, friendships. So many are tired of hearing about the drama. Internal family dynamics are so stressed. It’s so damaging beyond a lot of posters who are like there’s life beyond here etc. it’s true but it’s a deep cut no one at the working level asked for.


If over 50 with time at Chevron EOI!

I'm an ex 19 yr employee that had great reviews and more than exceeded our expectations of profits for years. I got laid off first round but had that icky feeling. Thinking the company I've been loyal to for so many years would do the right thing. It's all politics and bringing in 22 yr olds right out of college that have never been in a refinery, to replace you're 22-24 psg. Chevron will suffer from these horrible decisions! There is no loyalty or morals! When I received layoff in round one, almost everyone in the notice was 45 something and up. Get out on your own terms! I regret not being able to say I retired. On a brighter note, almost a yr pay has me enjoying my family and waiting until next year to even care about looking for a job! I wish you all well and sorry you are going through this!


Next layoff?

I hate that we have to have this mind set, but its a new month so im wondering if layoffs are coming around again. With the amount of issues with clients and clinicians due to all of the changes and clinicians choosing to leave due to it all, I can only imagine how much was lost money wise so worried about if/who will be cut next.


Managers

Part of being a good manager is knowing when to call it quits. Lots of these managers are just riding their time out and the problem with this is they aren't taking care of their people or making a positive impact on anything or anyone. Time to move out if you are in this boat. Open opportunities up for others.