Thread regarding Ally Financial Inc. layoffs

How many are being laid off?

There have been a few posts or comments saying there will definitely be layoffs next week. Does anyone know the percentage of people being let go? 20 percent? 50? More?


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| 1494 views | | 8 replies (last February 14) | Reply
Post ID: @OP+1kh494qpm

8 replies (most recent on top)

@qs The bottom line is if the company were going to layoff 20-50% of the company there would be signs.

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Post ID: @wh+1kh494qpm

@cb they never file a warn notice because they put people on a 2 month garden leave before they are actually laid off

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Post ID: @qs+1kh494qpm

There is probably close to a 0% chance of Ally cutting 20% of its workforce next month, and 50% is ridiculous. Companies that are getting ready to cut that many people aren't buying back $2 billion worth of stock, handing out bonuses that are more than 100% of max, plus they would have definitely filed WARN notices for something like that. I'm not saying that nobody will every get layed off again, because they will. Layoffs are very common in the banking industry. There just aren't ANY signs of something like that happening next month.

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Post ID: @cb+1kh494qpm

You want someone to come in here and say "I have it on good authority that 60% of Ally is going to be laid off", and then what?

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Post ID: @c5+1kh494qpm

@c3 meant to say next month

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Post ID: @c4+1kh494qpm

@b3 where are you seeing anything about layoffs next m6?

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Post ID: @c3+1kh494qpm

@OP meant to say next month

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Post ID: @b3+1kh494qpm

Where are you seeing anything about layoffs next week?

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Post ID: @ay+1kh494qpm

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