I'd expect to see them continue indefinitely, just not as a one big wave. We've seen this before - you know when you hear about a few people being cut here and there every few days? IMO, that's how this will proceed until they're happy with the number they have. And who knows when that'll be.
11 replies (most recent on top)
So its been a while since GFK and his cronies have come onboard. Usually it takes 60-90 days for a new CEO to figure out what they want to do going forward - in most cases, they actually come in on Day 1 with a draft plan in their heads if not on paper.
So. What is the GFK plan beyond the "trust me"? Does he have one? And if yes, why keep it from us? He is already letting people go and we are already looking out for jobs anyway, so its not like keeping it from us helps in any way. What is the logic here - does anyone know?
And more importantly, what is his actual plan - does anyone know?
The company needs to stop the bleeding of red ink and their only solution will be another major RIF. After that it will be sold.
Circling the drain!!! Why does HV keep posting pictures of pets instead of white papers outlining real business value? Get to work people.
The beatings will continue till morale improves!
Some people are worried about their jobs. Others, who for all I know don't even work at the company, are so bored they post Survivor lyrics - in some forgotten-by-most reference to something GK once said. How original. How hilarious. How about you go away, troll?
Rising up, back on the street
Did my time, took my chances
Went the distance, now I'm back on my feet
Just a man and his will to survive
So many times it happens too fast
You change your passion for glory
Don't lose your grip on the dreams of the past
You must fight just to keep them alive
It's the eye of the tiger
It's the thrill of the fight
Rising up to the challenge of our rival
And the last known survivor
Stalks his prey in the night
And he's watching us all with the eye of the tiger
Face to face, out in the heat
Hanging tough, staying hungry
They stack the odds 'til we take to the street
For the k–l with the skill to survive
It's the eye of the tiger
It's the thrill of the fight
Rising up to the challenge of our rival
And the last known survivor
Stalks his prey in the night
And he's watching us all with the eye of the tiger
Rising up straight to the top
Had the guts, got the glory
Went the distance, now I'm not going to stop
Just a man and his will to survive
It's the eye of the tiger
It's the thrill of the fight
Rising up to the challenge of our rival
And the last known survivor
Stalks his prey in the night
And he's watching us all with the eye of the tiger
The eye of the tiger
The eye of the tiger
The eye of the tiger
The eye of the tiger
Any word on layoffs in finance happening or is it focused on a certain group?
It seems they are doing quiet layoffs now that will only amplify the rumor mill and bring morale down to even lower levels. You remember the ‘Trust Me’ campaign that GK came in with. This is not a person to be trusted.
Any idea on the last round will be focused on?
End of Feb? Just like last year, huh?
And within a week after last year’s cull, they held this fancy shindig in Dallas just before lockdown. They pretty much self congratulated themselves on successfully running a world-class organization. Waste of $$$, and the optics after a massive RIF looked terrible. So shameful.
One more round end Feb