#layoffs

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SF and Corporate America is hilarious

So was reading the new Severance and Enhanced Severance plan and it say for those effected by this, they will have to submit an "application" to be approved by leadership. Laughed my arsss off. Think about that, they want you to submit an application to get approved by them to fire you! Holy sh-t! hilarious. Just like that stupid Total Rewards Survey we did last month as obviously they are getting ready to bring people back into the office and cut benefits/pay. Again it will all be based on your feedback and will be your decision....when they bend you over. Corporate America is absolutely retar-ed and these people are just absolute trash. F-ck them and all their useless lies and schemes. Can't make this sh-t up!


More Directors and Senior Leaders coming out announcing end of their Cisco Journey

But nothing officially announced. No one knows except those impacted. Others have to figure out what really happened. Many don’t even know Cisco had a layoff. Such is the game, play wisely. Don’t wait and think you’ll outsmart others to survive. Calm before the storm.


Just the way leadership conducted layoffs says everything about this company

If the job market weren’t as bad as it is, I’d honestly consider those laid off the lucky ones. I’ve worked at several companies in this industry, and this one is, hands down, the worst managed, most impersonal, most dehumanizing, and least efficient by far. Funny how all those negatives always seem to come together. The worse you treat your employees, the worse the company itself becomes.


What happened to retaining talent?

Thats all the state yet all i see is hood , knowledgeable people being let go and the clueless ones kept. What in the actual f-k is this placing thinking and how do they think this is the smart way to do business. Lets run the company into the ground while we make millions looking down on people


gof yourself Wissam

Thanks for dedicating your life to ntap. I just got here and am going to sc--w you without even buying you dinner. thanks for your pto, what used to be an amazing place to work is now awful. Your awesome Wissam, gfyourself from everyone at ntap that made this company great.


What a toxic company

I wish they'd offer voluntary exit to all depts. Remember all that put in won't get selected for it. This would get older employees out of here. Leave more jobs open for the ones that need to stay. Just because it's offered in your area don't mean all will be selected for it. They can't let everyone leave that wants too or they would not have enough employees left. Sad but so true. If it's ever even offered to any area I'd be surprised. This place is all about sc--wing over it's employees. No pension for new hires is a better deal they can move jobs and roll it over no pension building tieing them here. Unfortunately SF doesn't contribute as much as a lot of employers. And our pension is not that great.


JPMorgan Chase to lay off 99 San Francisco workers

JPMorgan Chase, which reported $15 billion in profit last quarter, is cutting 99 jobs in San Francisco even as it expands its presence downtown.

The bank disclosed the layoffs in an Aug. 27 filing with the state of California.

https://www.sfchronicle.com/bayarea/article/jpmorgan-chase-san-francisco-layoffs-21020377.php


Irish News ANI Layoffs article.

https://www.irishnews.com/news/business/technology-giant-allstate-cut-278-posts-within-northern-ireland-operation-last-year-4E3SSX4VYNCYZHQH6XWVFOEFSU/

I could've swore this was posted. Seems the HR minions were busy at the behest of our great leader and his absolute horror at any bad publicity. Anyway we've that big day out next week with the lad for D:Ream to cheer us all up after all our friends and collegues have lost their jobs. Unlike their song I doubt "Things can only get better" for ANI.


259 Layoffs - Times are tight

Last year Penny was compensated 29 Million Dollars. If each person laid off had total income of 100,000 including salary and benefits, the total cost is 25,900,000.

So if Penny took one for the team she would only made a paltry 3.1 million dollars. Granted, she wouldn't get out of bed for such a peasant salary, but in my fantasy land 259 families would be well taken care of and she would still make 12,500 a day, 62,500 a week and 250,000 a month.

Granted, never will I be in a situation where I get to pick between being elite wealthy, or just really rich. Amongst the many reasons is the fact that I could never sc--w over so many people in the pursuit of my own interests.

So often we are blinded by blind idealism that everything should be unlimited, greed is good, and that anyone who says otherwise is a Socialist. Im not that, but I am also not one that believes a handful of the lucky sp--m should make more than 259 well paid people.

We really need to start looking at the big picture instead of glorifying the people that are ra-ing and plundering cast resources for their own enrichment.

News flash, Penny doesn't, and never has given a f--- about you, me, or anyone. Penny cares about Penny's purse. Insane


What's worse?

The idea of being laid off, or being stuck at Nike in this culture and environment for years to come? There was a time when this would have been a no-brainer. Now, I honestly can’t tell which I dread more. If the job market were any better, I’d embrace layoffs in a second.


You have no idea how bad things are about to get

You think you’re working with a skeleton crew right now? Think again. They will cut everything beyond the bare bones and still try to cut more. There will be closures, position eliminations, layoffs, and everything you can imagine to minimize expenses, regardless of the impact on employees. You’ll be expected to do the work of five or six people and be happy about it. That’s private equity for you.


Go read the post on State Farm layoffs, it will make you feel better.

State Farm here! Come over and read our posts about what this sh-t hole is doing to its people! Your CEO has set the pace/tone for all the other CEOs to fall in line! They attend the same meetings, talk to the same consultants and run in the same circles. I've been at SF 30 years and need a couple more to retire. If you happen to have SF insurance cancel that cr-p, it's too expensive, service su-ks and all you are doing is giving 10-15% of your premium to a SF Agent. I'm about to move all of my internet and cell away from AT&T after your CEO sent that letter to employees basically telling them we owe you absolutely nothing and we expect absolute conformance and loyalty to AT&T! Same sh-t hole people no matter where you work in corporate America.


Another Consultant Group

Sales teams and maybe others just got invited to do a job feedback assessment by a consultant firm called the Alexander Group. I highly doubt they're really looking to improve operational and sales efficiencies, nothing here seems to change for the better. I am positive they are contracting this waste of space company to cut the fat for more layoffs potentially like they did over 19 months ago. TU has over 12,000 employees and still needs to pay a consultant to tell them how we should be working lmaooo


Don't take today for granted

It’s been six weeks since the July purge, and the fallout is still being felt. The job market is brutal, even highly qualified people are struggling to get a single response.
Inside T. Rowe, the situation is even worse: leadership incompetence, suffocating micromanagement, and a relentless push to offshore jobs have left current employees on edge. The once-respected name of T. Rowe is crumbling, and morale is in freefall.
If you’re still there, don’t wait around and protect yourself before you’re the next one cut.