Topics regarding layoffs at Sabre Holdings

Topics regarding layoffs at Sabre Holdings

They now know

With just 0 more business days before end of year Sabre now knows what their 4Q earnings and expenses were. If revenue growth is small and expenses do not reflect savings from prior cuts expect another round of US based layoffs. I am guessing a 5%... — read more 

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| 1850 views | | 1 reply (December 30, 2023)
Post ID: @OP+1qj0snAs

$100M in Savings Paying off???

What do you have to show for it, KE? You and your e-team needs some house cleaning. Oh, but wait we need to see the ROI on the vests…

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| 1730 views | | 7 replies (last December 27, 2023)
Post ID: @OP+1qh2hei5

“People Team vests for Everyone!”

The Chief People Officer just posted a LinkedIn.com post with a picture of a presentation slide which states, “A small token of my appreciation - People Team vests for Everyone!” How do we get one?

Bankruptcy in 2024

That is my prediction. $5 Billion in debt, revenues not even covering expenses, losing customers, business model just is not working. Oh but executives will be getting big bonuses.

Arrows in a direction

Today we learned Sabre is paying people who are deciding on the number and the direction of arrows for marketing. While laying off people who actually create and support technology. Now you know company priorities.

High cost locations

Run away if you are a high cost location resource. Doesn’t matter if you have unmatched experience and knowledge… you will be laid off because your CEO wants to keep money before he dumps Sabre.

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| 2070 views | | 5 replies (last January 2, 2024)
Post ID: @OP+1pwOz3Kw

Rotten sellout Leadership

KE: President and CEO- This guy is here on a short term assignment to make money for himself. He is using the easiest path to raise money for himself by firing resources. He lays off mostly US based resources and the next day positions open up in low... — read more 

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| 2210 views | | 5 replies (last January 18, 2024)
Post ID: @OP+1pwHsna7

Can't even make payroll?!?!

My first job in IT was in the payroll dept, setting up ACH. Don't believe that any major bank has this many problems with the ACH process nowadays. Sabre probably got it all kicked back for NSF!!!

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| 2090 views | | 6 replies (last November 22, 2023)
Post ID: @OP+1ppfljZE

More layoffs

more layoffs today....our entire team is gone. I have to say I am sick of this, and am glad to get paid for a few months. It just makes me sad that I put in so many hours of overtime (weekends and after-hours) for many years, only to be let go and... — read more 

Why are Sabre bookings not fully recovered?

Insiders, what's the missing piece in Sabre's bookings mix that is holding the company back from a full recovery? Is it US to APAC international flights (in particular US to China)? Is it something else? There seems to be no issue on the pricing... — read more 

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| 1500 views | | 3 replies (last October 25, 2023)
Post ID: @OP+1pfBctwk

PSS customers leaving

Another big PSS customer leaving VN, will Sabre be able to slow and turn around the exodus?

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| 1920 views | | 5 replies (last October 27, 2023)
Post ID: @OP+1pap7Inr

Ransomeware

Does Sabre just got hit with ransomeware attack? Why nobody is talking about it in public space? Was it noticed inside the company? I am out for couple of months now and just got to know about this attack.

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| 1600 views | | 9 replies (last October 16, 2023)
Post ID: @OP+1p4tMr0U

People who got laid off where are you now?

People who got laid off in May where are you now ? How hard was it to find a job ? How long did it take find a job ? And how is the pay compared to your sabre pay ? Higher or lower?

Medical insurance

What do people who have been laid off do regarding medical insurance? Knowing that more layoffs are likely, that's the thing I worry about the most right now. Especially now that I know that finding a new job might not be as easy as it was last year... — read more 

Sabre stock going to the toilet - again

Dropped from $30 to $3 last 8 years. It seemed it was going to correct itself when it climbed to almost $6 in Sept and now it’s barely holding $4. Down to $3 where you belong POS company! BK in 2024 or 2025 most likely. $5 billion in debt and barely... — read more 

Another round of layoffs going on now??

I saw a post of a person who was just let go from Sabre, despite having recently (July) received a raise. Is this a one-off situation or more people are getting their notice? Please share. This is very disheartening but I would rather know than be... — read more 

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| 2000 views | | 6 replies (last September 17, 2023)
Post ID: @OP+1oCr1gDp

Shift opinions?

What did you think of the shift announcement today? Does it mean more layoffs, less layoffs, nothing, something, genius, bs?

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| 2910 views | | 31 replies (last February 28, 2024)
Post ID: @OP+1oBRos2x

When will Google aquire sabre?

Only reason I'm sticking around this sinking ship. Pray every night that next morning I get the life changing news that Google acquires sabre and gets rid off all the bad management that got us here. Employees get a Google level salary with stock... — read more 

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| 2130 views | | 11 replies (last September 16, 2023)
Post ID: @OP+1oysyOP6

Almost 4 months later - still job hunting

It is a very competitive job market at this time with hundreds of applicants for every job opening. I have lowered my standard and still unable to land a job. It’s still very disappointing for Sabre to cut us off and leave us out in the cold like an... — read more 

Anybody heard about impacts to insurance, perks, etc?

Sabre pays out the wazoo for health insurance. Great benefit, but I don’t see how they can justify that anymore. Plus, the holiday shutdown…. Awesome, but how can a company trying to avoid bankruptcy do that??

Stock up 32%

which proves that we are going in the right direction and you might not have noticed that travel is recovering rapidly. Domestic now above 2019 levels. International and business travel also improving. Now, as far as unconcious bias is concerned, I... — read more 

It's all about the bottom line

Sabre and those who run it don't give a damn about anything other than the bottom line. If you think you matter, you're not very smart. They care whether and how much they get paid. They couldn't care less whether you get a raise or get laid off... — read more 

2Q Earnings is August 2

I expect a blood bath in their share price due to still losing money and no improvement in earnings from last quarter. The savings from the lay off won’t be realized until end of year. I have a feeling next layoff Sabre’s days are numbered. Possible... — read more 

MVD Customer Support Teams

So I have been working here since 2021 in MVD office and it is sad to see how much things changed in this company and found this place to share my thoughts. Being one member of Agency customer support all I can say is that all teams, from ATS, APS... — read more 

Airline IT leaders

Does anyone have faith that Corrie and Mike R can save the Airline IT portfolio. One is clueless with a conflict of interest (married to a LATAM leader) and the other is spineless who only cares about himself. Airline IT is fu---d with them as the... — read more 

Yes, Sabre is in financial trouble

Yes, Sabre is in financial trouble, therefore layoffs might be necessary. People could complain and be bitter because: everyone got a fat bonus just less than two months ago we had an expensive leadership party in January hired expensive new... — read more 

Sabre is a woke company

You know what happens when you woke. Sabre is now a woke company pushing woke agenda on employees. Everyone against their will has to go through woke agenda training.

Hiring open in low cost locations

Sabre is now hiring in low cost locations after laying off valuable resources in USA. Run if you are still a US based resource…. Tick Tock. For low cost centers - You are good until Sabre finds a cheaper resource. Sabre is not a company to grow your... — read more 

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| 1850 views | | 8 replies (last September 11, 2023)
Post ID: @OP+1nGR6MPV

Make your voice heard on Glassdoor, Indeed, etc…

I saw this on another board, and I did this on day one. But, if you’re on Glassdoor, make sure you leave an honest review about Sabre. Try to keep it civil and to the point…. No new hires deserve the bait and switch that is ultimately coming... — read more 

Time to Clean HR House

Why does HR still have extremely overpaid and incompetent Sr Vice President and so many extremely overpaid and over leveled Sr Directors? Guess they did not review their own jobs when laying off >1,000 employees in June! wtf?

Business strategy

Sometimes I wonder if Sabre has totally lost their way? I would like to think that the leadership has a clear vision, but unfortunately, it seems to me that they do not have a good strategy for the future of this company at all.

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