Debbie Dial just laid off 150 people in Chicago......because the work moved to St. Louis or Dallas....because Chicago is Not a HUB City for Debbie Dial....so that everyone can collaborate while working from home due to the COVID......great all on 9/11........
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Chicago should not be a hub and Debbie is right to pull out
The WARN act was not hit.
They also laid off workers in other locations included NY. Does anyone know how many people impacted per city and if warn act was hit?
Any guess regarding the demographic profile of the layoffs?
Age/Race/s-x_
They notify the lower management levels of the layoffs first, then work up to the fourth level.
5th levels (VP’s) and higher are senior management and not included in the general layoffs—they get their special packages, such as two years severance.
What happened to all that money from Trump’s tax cuts that were supposed to save jobs? It went to stock buy backs and c-suite bonuses!!!
Was this Chicago specific or more widespread geographically? I'm retired now from one of the Finance groups at Hoffman and had a large number of friends in Finance there. Mostly in the burbs or downtown?
So only Level 1 & 2? no 3+? Typical - more top-heavy than ever.
Off payroll in two weeks. No specific warning was provided.
T does not provide relocation expenses, as part of a lay-off.
A 6 month severance payment is offered, in exchange for signing a general release that waives all claims against T.
Levels 1b & 2...Financial Analysts & Lead Financial Analysts...in our group...
What specific finance-related positions are included in the layoffs?
Is any relocation money available to those impacted or are they just off the payroll?
Was this anticipated?
FYI, Debbie Dial is Sr. VP and Controller in Finance, reporting to John Stephens.
Awesome!! Get in the layoffs train heading to Houston TX Terminal You final destination the unemployment Oiffice!! sooner or Later. LOL