Thread regarding Otis Elevator Company layoffs

Otis Restructuring - New Layoffs

Layoffs happening currently at multiple offices at Otis. If you received a meeting invite from your manager titled Business Update you are getting laid off. Has happened to 7 of my colleagues today and more scheduled for this week.

by
| 1522 views | | 11 replies (last July 22) | Reply
Post ID: @OP+1vdzTFVl

11 replies (most recent on top)

@8xfv She is a Communist!

by
| | Reply
Post ID: @15ss+1vdzTFVl

More layoffs today at the factory ..around 40 is what we are hearing

by
| | Reply
Post ID: @ad0+1vdzTFVl

All US positions for my role were eliminated (unsurprising since they did not provid job descriptions or expectations when creating the roles at the end of 2023 and kept the role frustratingly vague all year). I'm not sure if my global counterparts retained there positions. After some conversations with "leadership" I will not be surprised to see postings for a more junior version of my role in the spring (possibly in a country with a lower cost workforce).

by
| | Reply
Post ID: @byuv+1vdzTFVl

The damage done by Judy has been substantial.

by
| | Reply
Post ID: @8xfv+1vdzTFVl

Eliminating $175 million by cutting labor force. Cuts will continue.

by
| | Reply
Post ID: @4qbm+1vdzTFVl

Why are they letting people go?

by
| | Reply
Post ID: @2qtv+1vdzTFVl

Can confirm. My entire department was wiped out today.

by
| | Reply
Post ID: @2bfw+1vdzTFVl

What type of positions are they eliminating?

by
| | Reply
Post ID: @1izv+1vdzTFVl

Laying off all of their top talent. Competition will have a field day

by
| | Reply
Post ID: @1oph+1vdzTFVl

Close to 1000

by
| | Reply
Post ID: @1kna+1vdzTFVl

How many people do you think they are getting rid of?

by
| | Reply
Post ID: @ajd+1vdzTFVl

Post a reply

: