Word in the halls…..
July - org set
Aug - EOI
Sep & Oct - selection
Nov - D day month
40% - 60% manager reduction
What are people hearing?
20 replies (most recent on top)
The Serenity Prayer:
God grant me the serenity to accept the things I cannot change; courage to change; the things I can; and wisdom to know the difference.
November is the merriest month to look for jobs. It almost assures that you’ll be on the streets until a minimum of March.
@e5, yes which IT supervisor was this? Signed, Not HR, don’t worry we won’t tell
@h9 so pretty much what everyone was doing during Covid. People have the nerve to complain about returning to the office.
Outsourcing HR? How so…make it make sense
They’re hoping some will leave early so they don’t have to pay out severance.
Why in the world will it take 2 months for selection?? Just get this over with already!
Will we be given a view of the org chart prior to execution?
With IT and HR both outsourcing and a 25-30% reduction finance. Bartlesville will consolidate to one building (IC) if you’re lucky.
A happy Thanksgiving to all. Great time to have “the talk” with your kids to explain why mommy or daddy will be home a lot more from now on, day drinking and clipping coupons while binge watching Landman.
@e5 wait, seriously? That is wild if true.
I’ve heard the same about finance excluding some F&PA (especially with global IT BU’s centralizing under corporate). Agree wholeheartedly with the IT statement. Our supervisor literally told us that she doesn’t expect us to work on Friday’s but to just stay available and that started when we had HOW Friday’s officially off. All of us in IT should be worried!
The finance chatter is likely accurate. Ryan mentioned in the VCIP townhall that nxtgen cost roughly a billion, and we expect to see some upside from that. Eg we should be closing the books faster. Finance has some AI work steams which should reduce a layer of work. Maybe, just maybe, we’ll get away from analyzing and reviewing everything to nth degree.
Not just finance unfortunately. It will be literally everyone. According to consultants we are too bloated. Feel bad for those who get laid off and for those who are left behind that will have to 1000x their work
IT outsourced, finance 25% cut, f&pa gone
The dates you have shown are roughly what I am hearing also.
This is an interesting place given layoffs coming. You want to get your work done, but you dont want to start new things that you don't necessarily have to since you dont know if you'll be around at the end of the year. The motivation is zapped and I don't blame anyone who feels the same.
Two targets areas: Finance where they have checkers that check the checkers who then check more checkers and IT where they have a polethera of time to do puzzles and still have unofficial HOW (seriously, IT floors are bare in Houston on Fridays!!)
Duplicate roles will be consolidated. All will be high graded.
In what country?
Expats toast