I'm worried it could be really bad.
16 replies (most recent on top)
Anonymous can’t spell for chit.
So I’m guessing he/she/it is a middle manager and will soon be promoted. Congratulations buddy.
Just look at all the reply’s to honest concerned questions getting downvoted. The fact is straight forward. If you’re here looking at this and posting you know fully well your job is a gravy train…. You’re just hoping the company doesn’t notice you. Possibly again.
You’re here because you know you work a redundant job. Just like last time you hen I was a contractor. I’m hear because I take some secret enjoyment watching you all squirm and thrash. It’s fun for me. I enjoy especially the people that come here with the I don’t care attitude. Usually it’s you. So it’s round 3 for me. Round 1 for you. Seya
The path forward is rooted in 25 years of decisions. Spend some time to reflect on the current portfolio of assets. A clear understanding of our future will become evident. Checkmate. We are not in a competitive position. It will take some time as we consume from within.
Let's be honest. You don't care how many people might get laid off. You just want to know if it is you.
It doesn't matter if it is 1% or 50% - the question is all about you.
My best advise is to spend less then you make and invest in a 2nd or even 3rd source of income independent of a job. Times are changing and jobs will become scarcer and scarcer.
Interesting comments about what happens to the work. Much of the “work” is non value adding activity. For example, on the HSE side much of what we do and is required by the company is not required by law or code. We think if a little is good then a lot is better. Does it add value? That is the question to be answered. If yes, then by all means proceed. If not, eliminate the non value adding activity. We can easily cut 40% of staff and not adversely impact safety, production or compliance.
First of all, coming here looking for reassurance is probably not advisable. But most of what you read on here is guesses and opinions anyway. Occasionally you'll see a comment from someone with actual knowledge. I'm just going to be real and logical - this won't be a straight percentage of anything across the board. So yeah it could end up being 20% but some deparyments could be 40%, others could be 10%, and guess what? No one here knows what that's going to look like for sure. Some departments will be hit much harder than others. Is your job duplicated somehow? Then you should be worried. Also, it's crazy to think more managers will be added. No, your mid-line supervisors are going to be cut. Have you not understood the messages behind the most recent emails?
Can we expect more useless middle management layers to be added?
Lots.
Get ready to explain to your spouse and kids why you suddenly have a lot of “family time” available for them come the holidays.
Ryan Clause has special gifts for everyone!
ELT needs these short sighted decisions so they can pad their wallets. Who cares about the long term health of company.
It’s going to be bad. They took a break after the post-Covid round so now it’s time to make up for a few wasted years. Think you’re safe? You’re not. Think you’re scrooed? You are. Enjoy the ride!
And once again, just in time for the holidays.
SPIRIT values!
20-30%?!? That sounds high. Give a hint at your source.
120%. We are going to rehire some retirees and ex-COPers just to fire them so that we can show the market we go above and beyond.
Regarding: What happens to the work? Yes, that's pretty much the case. Whoever is left takes over the work. But it depends on the criticality of the work. A lot of work deemed less critical just doesn't get done point forward. And of course, layoffs occur concurrently with a lot of projects being discontinued.
First layoff here, what happens to the work? Does it just get handed to whoever is left?
Depends on the groups but 20-30% in some areas is to be expected.