The amount of panic and anxiety on this board was overwhelming for the last month. I hope that it served as a lesson (it did for me) to not wait to get our affairs in order. Start preparing and looking for jobs now, the RIF's are not done. If you get complacent again, you will go through the same panic in a few months.
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@bm Not trying to stir the pot, but what happened to the DEI HR team that was rebranded as "culture and community?" They still working?
@bm All companies are offshoring, outsourcing and laying off Americans.
AI and efficiency is a smokes screen to hide the real cause.
I would suggest, in general, we need to improve the Jobs Market for U.S and that will only happen if taxes are imposed, regulations are created
There are groups like USTechWorkers and heritage foundation, work with them to push laws and regulations and possible lawsuits route
Truth to be told ...a lot of folks here cheered the end of some programs like DEI and similar which I agree had taken too much space. On the same page their termination and the sharp turn implemented by the orange temporary occupant of 1600 Pennsylvania Avenue NW, Washington, DC caught being cozy with the main Tech Company CE&O has allowed these criminals to cut high-profile jobs by the thousands
Microsoft – Around 9,100 U.S. jobs
Intel – Over 4,000 U.S. positions
Starbucks – About 1,100 corporate roles
PwC U.S. – Around 1,500 employees
P&G – Approximately 7,000 non-manufacturing roles
Amazon – Over 10,000 roles
Meta – Around 3,600 jobs
Salesforce – About 2,000 jobs
IBM – Approximately 3,900 roles
Verizon - 13,000 management jobs
Keep hoping the convicted fellow is gonna work for you and bring jobs back to the USA. Yeah right ... manufacturing jobs if any, while those numbers above are all high paid jobs. I'm sure that if somebody else of the other side would have been sitting at the resolute desk this carnage would have happened, at least not at these volumes.
That's Corporate America. Nuff said.
Started updating my resume once Dan confirmed layoffs at the Q3 town hall
Save money. Pay off debt. Add to your skill set. Prepare like you will get hit. If this recent event did not wake you up you will regret it. There will always be another RIF. Fortune favors the prepared.
Also very important: look at your personal finances and make sure you build a healthy Emergency fund. Enough to cover at least six months of expenses. In this horrible job market, one year would be even better.
I got laid off and because I was at the company for a very short time, my severance isn’t all that much. Thankfully, I have a rainy day fund that will hold me over for a while while I look for a new job.