Yesterday we understood from the call that EVERYONE in the PS,CIO , DEV (except a few people) will be moving to 3rd party companies or let go, but today many people from all impacted groups are already retained, was this poorly communicated or they wanted everyone to feel the threat(then feel grateful?) feeling bad for those who moved or laid off, wishing you the very best .
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Can’t believe this “Q/A” session , who asked the questions, they’re not answering any q on the chat!!
Is there a pattern? i.e were people with long tenure moved to 3rd companies to avoid severance pay? And short tenure laid off?
Its popular practice to make feel people not to comfortable, not to save, replaceable, aspecially in this economy. Be afraid, don't ask for raise, better conditions. You belong to us.
@a2 Crazy how our CEO was nowhere to be found. Funny how that works. Speaking that my first "interaction" with the CEO was a veiled threat of "come back to the office or it will be hard to invest in our people", I wouldn't be shocked for the first communication after this wreck will be just as tone deaf, if not worse.
@a7 not people I personally know but heard that many US people were made redundant, people who have same role as others received letters to move to Cognizant , the rest were retained.
Will there be another round like this? Who knows!
Do you know anyone who has been fired today after this terrible call?
They drive the chaos because their parents didn't love them enough.
My SVP told me 1k employees will be RIF’d and 1k will transfer out.
There will be a phased approached to more in 3 months time when transition has completed and more expected then
I believe it’s a legal constraint. It was clear that the executives didn't feel comfortable reading the script. The impact is in the single digits rather than anything larger. It’s still a bit significant, but let’s move on to the next 'crazy' things. We aren't stopping here.
I was thinking the same, not sure if the message was that clear on the first call.