Has anyone gotten anymore recent updates on potential upcoming layoffs?
4 replies (most recent on top)
@bm The limiting factor is probably Legal and HR reviews prior to notifying the employee that they are being offered on the altar of career sacrifices to pay for Bryan's undeserved 40 million. I expect them to have another batch ready to dump right after Thanksgiving. Legal will be past this RIF morgue and tee-ed up for another meaningless and unnecessary purge of people under JG15.
@a5 I don't think they can do more layoffs for another month or so, legally. So if they are going to, it probably would be year end, just in time for Christmas, like they always do. Yay.
@a5+1k9cmhpas Nailed it! Though it can also be publicly announced the day of as well in my experience. So like a "restructuring" would show up on 3m.com, the company SharePoint, maybe Yammer, and in the Star Tribune the morning they announce it at the earnings call.
Can't recall frequency of the above vs. how many times they've literally held off until the earnings call to unveil.
Think it will be announced during the earnings call and told to the employees AFTER?