Red Hat finally joins the rest of tech. 9am layoff call today, April 24th 2023. Sorry Red Hat friends.
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Last year they lost a bu-t-load of people. Partly because of the "you must be vaccinated even though you work remotely and don't interact with anyone, otherwise you will lose you job" and partly because of the pressure and nonsense that DEI brings into the picture. Seeing management taking course after course on "How to be an ally", and also forcing these courses on employees is demoralizing. Remember when, what was expected of you was "work". They were known for celebrating Meritocracy, until DEI got involved and said "Meritocracy? Oh, that is racist". This is not, and will never again be the company it was 5+ years ago. So are these layoffs surprising? H-E-double-hockey-sticks NO. In fact, we should expect more.
Former IBM'ers told you to update your CV's when Big Blew bought your company. Now you know why...
I highly doubt people weren’t invited. There were nearly 14,000 people on that call…
This was such a tough decision for me...(but I'm finally 'a boss', I just bought a $1 million + home, and you aren't part of my clique from my previous cult, umm, company...), but I'm so sorry (not sorry) for your loss!
So much for a north star!!! How could the company's business plan equate to a billion dollar acquisition? Its the failure of leadership that caused this! Poor strategic planning is what put us in this position.
@amf+1mip5rXT it makes no sense to say some people were not invited to the call. The company meeting is on everyone's calendar unless you remove it.
Thanks to IBM, which make this successful layoff, after 8% growth of RH company, how would you layoff in this company. IBM should be laying off their employees.
everyone is for themselves at the end.. you need to go and I need to stay and finish building that beach house which I can pass down generations..
The 8% growth is a good number. I really don't understand the justification for this. Why fire people if the company is growing?
Execs hands are clean.. AI did the layoffs!
When there are layoffs announced leadership should be held directly responsible before associates are laid off. Why should executives make absurd executive compensation while hundreds of others lose their jobs?
Some associates did not receive an invite to the call, apparently.
The management sure does like to victimize themselves: "It was SO HARD for us, it was A TOUCH DECISION, yada yada". No clear explanation why this was necessary, no clear explanation what they tried to do. How come we overhired if there was a hiring freeze during pandemic? If the cause was indeed overhiring, where do all these lectures about "associates need to work differently! think differently! what you're doing right now is wrong!" are coming from?
Thank God they didn't call the associates "family" and played the "we're all in this together" angle.
Essentially no extra information was given in the Company meeting mentioned above.
4% is about 800 people, not 500.
IBM Overlords strike again!!
4% is approx 500 people.
IBM strikes again.
When there are layoffs its a failure of leadership.
You don't SOUND sorry... you sounds smug.
Good luck, all.
RH laying off approx under 4% of the employees base in G&A WW.