#layoff

They kept promising no layoffs with the acquisition of restaurant depot, but here go. Layoffs left and right. Makes sense to do it the fourth quarter so it lowers the bonuses of your workers and also makes you shareholders happy. Is it okay? No. This is an entire business practice. When you spend 29 billion on a company that makes only 2.1 billion, that means you have to offset the cost. However, Sysco employees were promised that we would not lose our jobs…..yet here we are, losing our jobs.

People on here have posted that stores will be converted to indirect by this summer but no mention of this with upcoming layoff rumors.

i have a feeling i'll be cut soon (weird vibe coming from the manager, being ghosted and gaslit) i am thinking about keeping cobra and wanted to see if anyone had experience with it. thank you...

Got the email today, looks like 40 ish prone across business development and advisor practice growth etc.

What the he-l is going on? Some leaders who I know and I like. If we are trying to grow the wealth management business, this seems short sighted.

I joined a while back from a competitor to escape their layoffs and now it’s happening here. Seems pretty dispassionate.

Tell us more about which areas and how many.

Anyone knows the rules?

Hi there, former employee for about 8 years. I got laid off last year.

This might sound random but I want to send a former coworker a present, and I don’t have his home address. If I sent it to the RR1 office with his name, would it make it to him that way?

Has anyone heard any rumors of new layoffs on the USA domestic side? Last I heard was there was headcount was going to be brought down to a minimum.

Official - North America Control Layoffs This week..

TB placed it's new guy and he immediately got rid of biggest slacker. Now he is mandated for bigger clean up so next on the line will be the remaining testing people including the bigger lier who got the quality of product on the knees by protecting her puppies and almost ki-ling couple of products where many top performers have left because of her non competence. The next big list is just around the corner so stay tuned

Not sure if this is just coincidence or something more, but I’ve noticed a few signals this week that feel familiar. Saw several people quietly updating their status and mentioning they’re exploring new opportunities, and there have also been some internal org changes recently.

Could be nothing, but we all know something's cooking?

I've heard about layoffs in GTO, HR, and USB. Where else are people getting chopped this month? Mother Met needs her sweet sweet stock buybacks.

How did we all do with the job search? I was blessed to be able to snag a job pretty quickly. To the people who are left behind: you will NEVER have less work than you do right now, but you'll probably have more eventually. Private equity isn't going to spend income on additional payroll. If you're considering leaving I say look around, it's not so bad out here. Then again it took a shove to get me out the door so who am I to preach? Good luck everyone, may the grass be greener on this side.

Yes, even with this economy and the dismal job market. That's how unbearable this place has become for me.

Laying of 10% of the workforce will boost the company stock. Ford has too much waste in their workforce.

When there are posts of people claiming to be let go, their friend was let go, they know of a team that was let go etc, but they can’t answer when people ask WHERE or WHO even though this is anonymous, it leads me to believe these people are lying. They’re just trying to cause excitement and anxiety and stress.

The job was a dead end anyway. Severance is decent, I've got savings, and I can afford to give myself a well-deserved break for a few weeks before I start looking again. I'll find something eventually. No point in stressing. Good luck to everyone still there, and always keep an eye out for something better.

This won't be layoff in the traditional sense, it will be realign/restructure/RTO for company needs orne forced out maybe some early retirement for people. But SF doesn't need layoffs when they can just pull the right levers and force people to leave. That last giant survey we did a few months back was just them finding out how far they can turn the dial each time to achieve the desired effect.
OP: @eb+1kp6mkfmf

Bumping this up for visibility.

I heard about on-going layoffs in D&AI. I know someone who got laid off.

Is this one off usecase or more is yet to come?

Heard a couple of Execs who’ve been around forever at SL Chemicals were "moved aside", True?

I have heard there will be 1% layoffs with most groups exempt

Anyone hear anything different ?

Question for those who were impacted during prior layoff cycles:

During the 2 months you remain an employee, do you continue to accrue PTO as you normally would? Or do they lock in your PTO balance when you're notified?

I heard it's starting on the 28th of April and that M4s have a list since the beginning of April.

Is it true?

I’ve heard that another wave is expected in the next two quarters. Seems it’s being done in batches???

Over 25 years with this company, and got my layoff in an email.............how great is that? Great place to work.....NOT..................we are all a number now..........remember this........profits over people............the private equity firm su-ks........

I have heard of a couple people who were impacted by this and told yesterday. Anyone else hearing this?

Our small group was told April 23 is the date

I know someone who lost their job in P.A. today who said a dozen of their colleagues did too, including U.S. based managers.

Yes entire team. We all got invited to a single business update meeting and then the director told us, this team is redundant.

Assuming more layoffs tomorrow.

If I get picked for layoff will I be on the books/expected to work for 2 more weeks after notification? If so I assume I can use my PTO to the bitter end until my last day.

Just received an email from Virtual Development Network BRG - we can all join a virtual event to make wildflower seed ba--s.

While I am all about supporting Mother Earth, thinking about the amount of money USB is wasting with these types of events all while nickel and diming us on RTO and time at screen.

Make all of these extras make sense when you are degrading remote peoples pay grades, laying off American jobs to send them overseas, and all the countless ways they are showing their appreciation.

It wouldn’t surprise me if suddenly all of these useless USB encouraged workshops and training events are going to have record attendance like never seen before…… if that’s how they want to play, I’ll play.

Weak Q4… growing GCC… more layoffs are soon? … quarterly has been the trend …

Hey everyone, I’ve been keeping a close eye on the layoff situation at CVS, but I’ve noticed something strange: there haven't been any major WARN notices filed lately. Given the restructuring talk we heard last year, I’m trying to make sense of this.

Does the lack of filings mean the company is actually doing well and the 'efficiency' goals were met without more cuts? Or is this a sign that the broader economy is stabilizing? I’d love to hear if anyone inside the company has insight into whether more rounds are coming or if we're finally in the clear.

Elon will personally oversee it.

HR is failing. After 35% cuts, the Business isn't happy with there performance. GV is done. JS is now leading learning and talent. He is hiring a consultants to layoff 75% of staff (MW must be interviewing his ethics for being our next CHRO). RP is spending more time with her boy toy than caring about the HRBPs. HRBPs are about to get slayed. All the while, GBS is about to get crushed by AI. LD is LD. She is awful. Needless to say, disfunctional leadership will cause many layoffs this year and next.

Which team and location?

Hope they all get laid off

If we all banded together and we could see the names, sees and ages you better believe there is clear evidence of racism in these layoffs.