Curious if anyone has heard any news.
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Does anyone know what the re-.org is going to look like?
On the 25%, which Operating or Functional Area?
Just a follow up to my comment regarding the 25% reduction. That is just my department. I have't heard anything regarding the company as a whole.
Does anyone know when this will take place, I'm assuming after the August 5 deadline for the voluntary count.
There is no way were hitting 25% with just volunteers. And I think last time was 10% total cut. Looks like things are going to get real ugly.
In my department, we've already been told that if enough people don't volunteer for early separation there will be terminations. They have a definite target for head count and it's a 25% reduction.
Hopefully not to many good employees, wonder if older individuals have to worry.
Its pretty obvious that layoffs are coming one way or another. Also have heard rumors of williams letting go of some assets in the near future.