All hand meeting on Nov 1st was mentioned but didn't see anything about it yet. Should I be worried?
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intel is announcing quarterly results October 27th.
they'll probably have a employee meeting following the analysis call.
I suspect they'll discuss the layoffs at a high level then.
You probably won't have to wait until Nov 1to find out if you are gone. Nov 1 is a Tuesday, typically companies don't make headcount announcements early in they week they do it on Thursdays or Fridays. People get 2 days off right after the announcement to think about it and calm down. A Nov 1 meeting will likely be a to address the changes going forward.
I think the Technicians in FAB 42 have hand in this situation.
Worried? Naaaah. You will be enjoying your forced time off.
Hands. It’s plural.
Do you think this will affect Technicians in FAB 42 inAZ? Would they seriously layoff MTs if they building another fab on site?
I Just joined DEG 3 months, should I be worried?
Each BU will execute individually, and they already have their lists ready with names for 3-4 weeks now. This time is not a central exercise but a tactical one at the groups level depending how much they need to cut to align their books for DPOR and plan 23. The bigger the budget deficit on the group the bigger the cut for that group. I know some groups are north of 100M on the red so at least 20-40% of that will be cuts which equates to few hundred people per group.
Sure, all will roll up to corp eventually for the official comms and alignment(goal). By the time Pat does his public official announcement at Q3 earnings, the cuts will be mostly done as far as figures and targets. I am sure all BU's have already announced some sort of "group sync" meeting by either the end of Oct or first week of Nov but it will be to give a summary of what was done rather than to start the cleanup..
Employes also have their Q3 insight meeting with their manager by no later than the end of this month so that will be the perfect time to do this. Just relax and if your number is call, then move on since this is not the end. Good luck.
I don’t see the meeting on calendar at all thou? Has anyone else see it yet?
This seems to be regular all hands after quarterly results
Pat mentioned it in his video.
Wondering that the results will be out on the 27th, all hands on the 1st. I'm guessing the deed of darkness will be done before that?
All hands? Not a good sign.
Don't worry. Home Depot has lots of openings. You just need to learn how to say "How can I help you"