Just got out of a planning meeting with Managing Director. HIH is having another 3000-5000 seats prepped and our team needs to have SOPs and documentation ready, hire HIH now, and be ready to lose a chunk of US and IRE employees on 10/8.
I’m nauseous and over it.
Who said this would affect CSCs? Layoffs during the 4th quarter madness?
@e5 I think people though you were being sarcastic
Word of an impending purge must have gotten out. The stock is up 3% today….
@dy I’m not who you replied too but I’m onshore US CSC and if CSC is mainly offshore like you said then that makes so much sense. My team chat has been disbanded since the first round of layoffs in Feb. I don’t think our supervisors want people on the same page lol
I don't know why I got downvoted for hoping OP's nausea gets better. Genuine concern for a fellow human deserves upvotes.
@aj Not the OP, but on an infrastructure team and yeah they are at about 8000-9000 now, and they are building out office space to try and hit 15k total. Which means more layoffs. And with the po-p show things have been with CSC and other teams who are mainly HIH, this only means things getting worse. Something big will break eventually and it will be BAD.
At least you’re eligible for bonus if laid on or after Oct 1.
Brian E. moves fast, doesn’t he?
Thanks for the heads up. I’m in client services I’ll update if I’m affected
@a8 Calling someone out for “having no business acumen” because they used obvious hyperbole misses the point. They were expressing frustration, not publishing a staffing forecast.
Probably Blackrock being upset and plotting revengr against the USA waking up to the truth after 10/7 idk. Very ominous.
@ax 10/8 sounds about right. That's a Thursday in between pay weeks.
@ae I went thru some homelessness as a contractor in 2018. I worked like a dog, became FTE and earned my way back into stable housing over the past several years. Since my JE on 2/19 I am in constant fear of not being able to get back into work in time to keep my housing. The only hope I have of being able to find work again and to keep my home is in God.
Unbelievable, October 8 is a Thursday
@OP another 3000-5000 seats for HIH? They already have 3000+ now, right? That gives them total 6k-8k
@a6 I know. When I started here in 2018 grateful for the good people that took me on when I was a homeless American living in poverty. Those people are gone now :(
@a6 you show you have no business acumen when you say this
It will land around 80%-20% split like it has been in ops for years.
Welcome to the party…
Not surprised. The only staff that will be left in the US will be c-suite. What a shithole this company has become.
I hope your nausea clears up.