Too bad this site doesn't take attachments otherwise I'd attach the offshore plans for CDN division. That should get CBCs attention don't ya think ? Then again I can send it to the local paper and get them to publish it.

Have to agree with the CEO assessment. He's a joke! And this clown made over $10 million dollars last year while we struggle to buy our gsop shares. Anyone wonder how to save millions? Get rid of him! Then again I read the proxy and if he leaves... — read more 

Just went to their (BCG) website and does this look familiar? Organizational Design: Can MFC even crete their own buzzword? http://www.bcg.com/expertise_impact/capabilities/people_organization/organization_design/default.aspx Outsourcing: Dahhhh-half... — read more 

Boston Consulting Group has a link on this site as well. It may be useful to leave those fine folks and others viiting them a message thanking them for their part part in this.

Buddy told me to check this out today once I got home and I guess that everyone is joing the party before D-Day. Great reading and nice I'm not alone! ManuLayoff or ManuManila, ManuMalaysia; whatever. The "leader at the top" has to be one of the... — read more 

There are so many better places to work than this hole. People you trusted are twisting the knife in you. This is encouraged and allowed to happen. Put your oxygen mask on first is the motto of the cuts. We were even told by thiose who made the last... — read more 

Im part of the org redesign (aka layoff spinner)and I can tell you with first hand knowledge the next round will be crippling for the Director and manager level. Middle management is all but being desimated. Good luck to you all.

Is the next layoffs just directors and managers or is it the people below them? When are the next layoffs supposed to happen?

I agree with the below assessment. Things have almost ground to a complete halt productivity wise. Just the bare essentials are getting done and the newest date is now April 17 th or 18 th . Everyone is looking for something new and those that remain... — read more 

I think the poster below has defined what is happening at Manulife. The meaning of that song embodies these characteristics: we are all fools,clowns transcend tragedy, do the work and turn it into comedy. Sounds like what is going on.

bravo Manulife. Bravo. reward the fools. Send in the clowns...Isn't it rich? Are we a pair? Me here at last on the ground, You in mid-air.. Where are the clowns? Isn't it bliss? Don't you approve? One who keeps tearing around, One who can't move... — read more 

The IT Senior Management (CIO and VPs) from the Canadian Division should be fired immediately with NO package. They are together ripping off the company and haven't delivered their mandate. Rather level 4 & 5 is paying (by getting laid-off) for their... — read more 

Under it's E&E initiative Manulife is trying to build world-class organization by laying-off most competent people and keeping the most incompetent workers who are Yes-man to the Senior Management and hence the Senior Management can do whatever it... — read more 

The Record wants to do an article on the outsourcing to Manilla and the layoffs but so far no current or former employees have come forward. Know anyone that will talk to the press? They won't run with anonymous tipsters. Contact Ron DeRuyter... — read more 

The Record wants to do an article on the outsourcing to Manilla and the layoffs but so far no current or former employees have come forward. Know anyone that will talk to the press? They won't run with anonymous tipsters. Contact Ron DeRuyter... — read more 

Manulife is wise and they have money to outsource step by step and avoid any legal consequences. First, they start outsource team and train them. After that they wait for some employees to go way as they don't assign any new work and run parallel... — read more 

Time for these companies to be held to account for their employment practices. Where are the headlines about Manulife/John Hancock doing mass layoffs, and having plans to move more jobs offshore or to emerging markets (as postulated by a previous... — read more 

CBC headlins "RBC replaces Canadian staff with foreign workers". Same in Manulife we have quite a lot foreign workers in IS and they are replacing with local workers.

Where can one find these layoff notices already filed? Do they tell the # of people? Doesn't Ontario require anything like that?

Where can one find these layoff notices already filed? Do they tell the # of people? Doesn't Ontario require anything like that?

From the rumors I am hearing, most of the below is on point. Productivity has taken a huge hit everywhere and every conversation seems to turn into "do you think you'll be here in May"? Boston Consulting is affectionately refered to as the "Bobs"... — read more 

Not sure about the stock price, it's been in the toilet forever and the dividend sucks! By all sources it will be a bloodbath and close to 1000. This rounds is Direcor and below and the mandate 20-30% reductons. They have alreay had to file with NH... — read more 

Not sure about the stock price, it's been in the toilet forever and the dividend sucks! By all sources it will be a bloodbath and close to 1000. This rounds is Direcor and below and the mandate 20-30% reductons. They have alreay had to file with NH... — read more 

Regarding the big layoff day is April 22nd. How do you know this and what constitutes "big"? 10? 100? 1,000? Will the stock price go up?

Manulife/John Hancok is all the same. The folks in the US are not trying to take jobs from those in Canada. Rather the folks at the top in Canada are so greedy and evil they want to move jobs to the cheapest places possible, Hence the fearless leader... — read more 

John Hancock has ruined Manulife. I completely agree that the folks running John Hancock have never been happy and excepted that Manulife bought them and they are Canadian owned..The folks south of the border are doing all they can to keep as many... — read more 

if they do that there wont be anyone left except the bcg guys.

Are they really cuts or is this just a convenient way for Manulife to clean house of low performing, incompetent staff. Finally waking up and carrying out their HR duties.

Not funny, more cuts coming in the next few months. No one feels like working.

Not funny, more cuts coming in the next few months. No one feels like working.

hehehehe

Also, how sad that John Hancock took down the US Insurance of Manulife. Unprofessional people trying to run multi billon dollar insurance policies like their little policies. When the time comes take your money and run because there will be no money... — read more 

It would appear by some of the more mature and rational comments being expressed here recently that there in fact layoffs happening, perhaps on a larger scale than what was reported in the local paper. It seems quite unfortunate that good and capable... — read more 

Manulife is opening themselves up to huge operational risk in the way they are letting employees go. I hope OSFI catches wind and both Manulife and Boston Consulting feel it. More on this will come at: www.thatsunbelievable.wordpress.com.

John Would Be:: You are right on. This blog is sprading like wildfire. Found out today MArch 22nd is so the Hancock Name isn't tarnished beore the Boston Marathon. Another great tidbit, a few folks found and are circulating the project plan left of... — read more 

March 22nd - big layoffs are a coming.......those leaving are better off....this is a terrible place to work

Wow. This is getting interesting now. Armani! India! Boys clubs! This is the stuff of novels, Soon we will have industrial espionage, takeover plots, and interoffice romance. Can't wait for the next contribution to "As Manulife Turns"....

Where's Paul L during all this?Hiding on the 4 th floor in his new penthouse spread! Sending out the odd " we're doing this for the better of our employees" email! Gimme a break! Tell that to the 100's of people you are hiding from while you walk... — read more 

275 last Thursday layed off just before Easter. You stay classy Manulife! At least another 500 in next level of directors.

Thanks a lot Manulife for a year of stressful thanklessness. If I would have thought the layoffs would have been of dead wood then okay. But to do it on the Thursday before Easter was tasteless. I will be transferring all my stocks, RSP's etc out of... — read more