#layoffrumor

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IFP GONE, NO WORK, NOW WHAT?

Im a new manager and have had no support since my onboarding. No training and no substantial time with my manager. With the exit of IFP, a chunk of my teams workload is gone.

I have no work during my day and thats not an exaggeration. I ask regularly for work and never receive any.

Has anyone experienced this? Is this a good indicator that job eliminations are on the way?


Big layoffs on Wednesday this week

The 25% reduction in headcount from the BD acquisition is coming. Wednesday is going to be brutal. Expect across all functions, all segments, but especially ADx. R&D likely to be hit especially hard. Lawyer/HR was onsite in Sparks for a reason - upper leadership has been discussing the reorg all this past week at the Sparks location. Anyone with direct subordinates being let go were informed this past week as well. Waters is not BD - they are breezing through letting people go for cause as well as layoffs. If your leadership team does not like you, expect to be let go sooner rather than later. Happy holiday weekend, everyone!