#layoffs

Posts mentioning hashtag #layoffs

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November layoffs are a fact.

I hate that Halliburton is such a layoff happy company. Many of us were laid off recently and told that we could be subject to call back. Not so fast. I talked to my friend who still works at JRC, and he told me that the PGL's and the leadership have been having meetings since Monday about another layoff list. He said that November layoffs are a fact and that an additional 30% will be let go. Some areas will close and others will merge together. He said the order books are being manipulated to make the employees think that everything is ok. in his area, no new work is being released. He told me that some operations are currently being moved to Oklahoma and some sent overseas.

Please spread the word and prepare others for November.


DUH!

Phillips mastered the “Art Of The Layoff” in 1999 and has continued to refine it over the decades. Take a look at their service stations and compare them to QT or OnCue. Pretty easy to spot the winners AND THE LOSER! 😉
Not sure about pipline and plastic…


DB org lay off rates by age group

Data the Oracle OWBPA (Older Workers Benefit Protection Act) disclosure reveals a steep increase in the layoff rate beginning at age 60 in the DB group. Here are the percentage of people laid off by age group.

Age Band Pct Laid Off
20-24 4%
25-29 10%
30-34 6%
35-39 11%
40-44 8%
45-49 9%
50-54 10%
55-59 10%
60-64 21%
65-69 26%
70-74 34%


IF YOU GOT LAID OFF PLEASE REPLY

Soooo there has obviously been a huge amount of layoffs happening.

Please— if you have gotten laid off today or if anyone knows of anyone that got laid off can you reply the department name?

Also— does anyone know of how many people they are laying off and/or if they are going to be doing this the next couple of days?

Praying we are all safe.


A FIS Haiku

Shrink, shrink goes the workforce.
The price of stock follows.
Down, down goes NPS.
Investor, customer and employee trust all lost
Ring ring goes the mckinsey cash register. The only thing that goes up
3 years. We’ve seen enough.
Time for the board to make a change


Rumored 30% workforce lay offs for IT

India IT manufacturing team has been here on North Campus for the past month. Last year they got rid of the Philippines IT team and moved all their applications to India. confident the same thing is happening again for US owned apps. Also, seems they are targeting tenured but not confirmed.


The OpenText Storyteller Quest by Sandy

Is this even legal? It’s a mandatory “training” where all marketing personnel are required to video record themselves and narrate a story based on a script. In my opinion, this is a North Korean-style approach to engaging employees and creating a false perception of the company’s success, all while everyone is overworked, poorly managed, and laid off every six months!


Have layoffs started?

Nothing’s happened yet where I am, but that means little in the grand scheme of things. The rumor mill is nonstop. Some say cuts will begin tomorrow and wrap up by Friday, though who knows if that’s true. It would be great to get a real heads-up, but no such luck, I guess. If you have any updates, please share.


PBM Lost Amazon Contract

All the other services have been on a downtrend, now it looks like the PBM side is being impacted. Doesn't seem like Evernorth is trying very hard to maintain its growth. With them already announcing that they're building "offshore campuses" a few months back seems like they'll be cutting a lot of people soon.


Congratulations, you’re being transformed.

Great news folks, we are getting transformed!!

Some rumors I’ve been hearing is that the transformation team has been meeting since Q2 to restructure everything; meaning that they are going to announce layoffs in Q4. When? Have not heard.

It is going to be across all BUs and Roles regardless of direct or indirect billing.

So get your resumes ready. Reason being is that they are expecting to have a terrible next year.


International offices

Wondering if anyone has any insight into the process of international layoffs? Would each HR dept be given a budget/number of people to let go? Or would decisions already be made from up top in the US on departments to lay off etc?


Manager making treats to work harder!!

It's total nonsense. My manager reviewed my workload yesterday, and I've received 40 percent more work since we lost five members of our team. But he indicated I need to close my SR faster since we are under more secruinite and my metric doesn't match his standard. Wtf

I don’t see the point in working harder to improve our team metrics just so my manager can look better to his director.

I’m not putting in extra effort; where’s my pay raise? What’s the point when this company is laying off people? I’m just here to collect a paycheck until I find a new job.

My friends were let go despite being high performers, and I have no desire to go above and beyond for this organization. It really feels like a terrible company. Is the moral low in other team?

I told my manager I can only do what I can and there is nothing else for me to improve. He was not happy but who caresssss…


What the feck is going on with data science?

I’m seeing many resignations on LinkedIn following the selections.

I’m seeing teams recruiting externally for data scientists after layoffs.

I’m hearing of unqualified people, with no background in data science, being given positions, whilst others are let go.

I’m hearing that AI has been moved under CNE?!

WTAF?


Upcoming layoffs

As we all know, Thomson Reuters does massive layoffs every year in November. If you got a really good review on your midyear review, can you assume that you’re safe this year? Has anyone ever heard of someone getting a great review during their mid year review but still finding themselves in the lay off list that year?


More layoffs next Month +

Layoffs already took place on 9/18, with more planned in 4–6 weeks and again in January—confirmed by someone in HR. The company is steadily offshoring more and more jobs from the US to India, unless a contractual agreement requires the role to remain in the US. For those not billing their time to projects, it’s only a matter of time. This organization is going downhill fast, and it’s disheartening. I honestly wish the government would step in—this is a US healthcare company, yet they’re outsourcing our jobs offshore to people who have no real investment here.


US Employees - Brace for next week!

U.S. employees should brace for next week’s layoffs. I advise you to get any files you want to keep off of your computer by printing or emailing. Watch for discrimination among the jobs being eliminated by October 1st. Do not sign any documents at the time of layoff until you see an attorney/labor lawyer. I know many of you that will be laid off likely have grounds for a lawsuit based on ageism, gender (females young and old) retaliation, etc. Hold Cenovus accountable for their massive double standards for male vs female employee, and treatment of such during a company downsizing.