Thread regarding Bose layoffs

Does anyone know the Layoff Formula?

I am really curious to know whats the formula used for selecting the individuals for lay off....

I don't this it includes the hard work I did, the time I spent to meet deadlines, and did everything that was asked or expected from me even went ahead and did extra because I thought it my company.

I didn't decided the products that didn't meet the customer expectations, nor I was responsible for the poor planning that led to the delay in the product launches.

I feel depressed, lost, and left alone!!

I don't know whats gonna happen next with me but I hopefully things will change.

I wish all the very best to everyone who is affected .

  • Peace
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| 3282 views | | 8 replies (last December 5, 2020) | Reply
Post ID: @OP+17yHQfj2

8 replies (most recent on top)

The formula probably includes many things. Usually these people are targets: highly paid employees and consultants, people on low priority projects, people with poor reviews, people who don't play politics well, people with obsolete skills, people who could be replaced by out sourced labor. Of course there is some influence by who you know and favoritism.

Bose needs to improve productivity, reduce costs, improve time to market, improve market research so Bose can give customer what they want, improve product quality, add more features to be match competition, avoid over-engineering and work that doesn't benefit customers. That last point is key. I saw too much work going into updating to newer versions of libraries and refactoring which did not lead to much benefit to customers yet delayed projects and increased the cost.

Bose appears to give too much control to engineers who lose sight of cost/benefit analysis. The people who understand the business side need to push back and ask why engineers want to spend x dollars and how will it benefit the customer?

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Post ID: @Itjq+17yHQfj2

I was laid off earlier this year. My advice is to be easy on yourself. It’s like a death. I gave myself a few days to grieve and feel bad without beating myself up, then focused on moving forward. Didn’t think of big picture but just tried to accomplish something each day and treated looking for a job as a full time job. I like the one post who said they formed a text support group with others. My colleagues and I did too and it helped. You will get through this and may find it is the best thing that happened in the long run. I know I did.

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Post ID: @ttx+17yHQfj2

I know this is not easy.

You will fell that you have done the right things and the movie will run over and over in your head. I have gone through this.

There is no point thinking about any formula etc, focus on the next opportunity, that is the real challenge for you now. You will be at a better place and happier after this dip.

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Post ID: @txj+17yHQfj2

I don’t get who got laid off either. There are still some people there who do squat but they stay because of their relationship with their manager or director. Bose is obviously cutting away bone at this point.

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Post ID: @rdm+17yHQfj2

Read through some of the other threads from this month and from June/July. A lot of good exchange with minimal of the other stuff. Clearly from "real people" in the grinder too. Someone yesterday mentioned all of their friends getting laid-off and crying - we get it! Been there with the shed tears, some during this week.

Very valuable to know we are not alone, this makes no sense, there is no logic to be found, we drive ourselves crazy trying to make sense of it. The 5 stages of grief are firmly in play and it is not linear but in cycles. Reach out, engage, very important! Self-care, getting outside regularly, etc. very important!

Signed, Heartfelt!

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Post ID: @qad+17yHQfj2

Those of us hit last year started a support text group to get through our feelings. We also propped each other up with help with sending resumes to our contacts.

Reach out to people on linked in that you know... my husband was able to hire one of my awesome fellow layoffs at his company. and another coworker interviewed with my husband's team an was able to get a job in a different division of the same company.

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Post ID: @fke+17yHQfj2

I am so sorry. you are going through this. As someone who was also a solid employee who got laid off last year, I can say that my boss straight up told me he was forced to cut people based on project.

I still to this day think letting go people who are proven to be good/excellent based on project is insane. My coworkers who got laid off were also great to work with, hard working, embodied the bose essences and values and were, like me, on the wrong project.

One of them was a DSP engineer - which Bose needs.

I know it hurts and you feel alone and rejected - and I can say this - you didn't deserve any of this because of who you are, or what you've done. You've, in my opinion joined up with an excellent group of people who were also let go due to the company not doing well, and having to make cuts soothes chose 'those who aren't working on projects we currently value'.

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Post ID: @aoz+17yHQfj2

The "formula" obviously includes favoritism, especially for the manager and executives who are largely responsible for the failures in the market. Exceptional job performance obviously counts for nothing.

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Post ID: @cxv+17yHQfj2

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