Got layoff today my function is outsourced

Here is a little song I wrote You might want to sing it note for note Don't worry be happy In every life we have some trouble When you worry you make it double Don't worry, be happy...... Ain't got no place to go to work Manulife laid you off because... — read more 

@thenextround. Until it is public it is just a factual rumor. To be fair to the few that will be turfed they will let them know a few days to weeks in advance and then further stress those individuals by having them promise not to tell anyone. Rest... — read more 

it's gonna be an interesting week!! No work!! just worries!

I Hear that some people already know they are being let go but haven't yet. Is that just a rumour or is it true?

The next round of layoffs will happen soon. Those non-asskissing competent staff being fired will be informed of their fate this week or next. Some are predicting a bloodbath but it will be more like a pinprick. A little blood and a little sting - no... — read more 

Does anyone know when the next round of layoffs will be?

dear mr.manulife, congratulations to your upcoming bundle of joy. I hope things turns out for the better for you. Btw, working till 2am??... there is so much more to life than work. ..

#Manulife, did you really just do that? From Waterloo Region’s local paper, TheRecord, came this article at the end of March: “Manulife’s ‘global review’ of operations leads to layoffs, Waterloo-based company says”. To sum up, “Manulife Financial has... — read more 

Ang lahat ng ito ng pagpunta sa India! Wala kaming room para sa higit pang mga manggagawa dito.

it's all going to manila

Drop me an email or check us out: http://www.uaw.org/organize

Union....my god get a life! When was the last time manulife had any layoffs? This is business...is manulife responsible for sustained low global interest rates? This class war is nuts...want to become CEO vp or director then make it happen..wanted to... — read more 

Union....my god get a life! When was the last time manulife had any layoffs? This is business...is manulife responsible for sustained low global interest rates? This class war is nuts...want to become CEO vp or director then make it happen..wanted to... — read more 

The union idea is a good one, but good luck with that. You should reach out to the UAW. It would be interesting but likely unsuccessful.

4/17/13....these are facts pople: Dow: 14,618.59 138.19(0.94%) MFC: 13.49 0.36(2.60%) Gonna take alot more E&E to get to Price target of $16.00

Dear N/A: "Hopefully they get rid of Directors next round" Obviously you haven't rose to Director or above. If you have you are a coolaid drinking AVP, VP or above which is enjoying a fire at home with your family in the middle of winter while the... — read more 

Look up Manulife Business Processing Services on facebook and you can see what the Manilla offices are up to.

wow..lets not lose site that this is a business. Everyone who has a desire and the capability can aspire to become a manager, director, AVP, VP and CEO. This business. What do you really believe the CEO should make the same as the a CSR? Last time I... — read more 

Hopefully the get rid of directors next round

Do you think they will be getting rid of directors the next round?

Instead of changing the way we do business why don't they change the million dollar bonuses they give out to the execs?? That would save a few hundred jobs and allow lower income earners a fair chance to feed their families.

Wait until they find out the CDN Offshore plan http://www.therecord.com/news/business/article/918071--manulife-workers-saw-jobs-leave-for-philippines-but-trained-their-replacements-first

Low rates. Decreasing returns on wealth business. Unhealthy insurance business. All of this requires more creative leadership than the formulaic response of cut staff and use offshore to decrease expenses. All that does is kill staff morale and... — read more 

That last post doesn't make sense. Early posts have confirmed that senior leader cuts were made with the ass kissers and incompetents remaining. Surely that is how they got to their positions in the first place so it makes sense that the ass kissers... — read more 

Only the most desperate will stay. Only the akissers will stay. The last wave will be employees getting the h* out. Got rid of a good manager only to be replaced by a hack. Don't understand. Yah. Good luck, mah peozles.

Can the company really say with a straight face its values are Professionalism, REAL value to our customers, Integrity, Demonstrated Financial Strength and Employer of Choice? HMM lets discuss.. Professionalism - well anyone who has been part of or... — read more 

Can the company really say with a straight face its values are Professionalism, REAL value to our customers, Integrity, Demonstrated Financial Strength and Employer of Choice? HMM lets discuss.. Professionalism - well anyone who has been part of or... — read more 

It is just pathetic...like the Boston consulting group has a clue as to what it takes to be a successful financial services company! Seems to me this is a make it up as you go strategy and we all know how those strategies work out. Great opportunity... — read more 

To the poster who has the Cdn Division Offshore plan. Why don't you copy and paste the text here? We would all like to see what Manulife is thinking about doing.

Announcement will be all over the place this round

Does anyone know the date of when the next layoffs are going to happen? I have heard, beginning of May but then others are saying end of April. Does anyone know when the next ones will be?

At least all this E&E stress is making me lose weight

At least all this E&E stress is making me lose weight

I agree with last comment about bank.

FYI Manulife Bank has most of its admin moved to Manila. 117 people "there" and 3 "here". All QA testing (IS) is managed and run by InfoSys in India. InfoSys always has a dozen of their staff on site and are now moving into application development... — read more 

My guess is that the next round of layoffs will see 21.5 Directors and Managers in K-W laid off. The actually number of people laid off will be 86, but it will only translate to 21.5 (you do the math, just reinforcing that the entire matter is a... — read more 

Send the Cdn. division offshore plan that you have to me Ron DeRuyter RDeRuyter@therecord.com.

Just put it on google docs with a throwaway email of course

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.