They're cutting skilled workers and veterans, even people in critical roles. Where's the logic in that? This short-term profit boosting through cuts is always incredibly short-sighted.
5 replies (most recent on top)
Short-term gain, isn't that the culture of Murica? Gotta show shareholders their money first hahaha
Was laid off yesterday. 12+ years with HD, most recently in Product Management. People leader. Consistently at the top VOA scores among my peers. Have won several awards like Orange Promise & recognitions from Ted several times. Was given 2x additional responsibilities and a new team just months ago. Pretty much every best practice, playbook, new associate onboarding content used by my org was largely or entirely created by me. And yet…
We were moved under a new VP recently and apparently they thought that I was a “blocker” for a couple of my direct reports that I recruited, hired, coached and promoted. A little birdie told me that the VP apparently wants to bring in “external talent” who can incorporate ways of working smarter.
Sometimes during layoffs, cut lists are shared across VPs and if one of them had a place and willingness to take someone who is on another VP’s cut list, they were allowed to do so. This time, cut lists were not shared across VPs and given the hiring freeze, finding a different home for associates on someone’s cut list was simply not on the cards.
One of my now former associates told me last night that at the post layoff “all hands” meeting yesterday afternoon they used one of the slides I created last year to shout out and celebrate the contributions made by each of the teams in my now former org.
Oh the irony…
I got laid off today it really hurts I only been with the company for years just to become a supervisor for 2 really getting started just for it to get took away just like that
I feel bad for IT thinking all was fine and dandy when their budget increased, looks like the budget is going towards AI
There isn't a singular criteria, but it's there and not random. Some are obviously performance oriented, others are due to scope of control / number of reports being unbalanced, others are due to re-structures and role elim. Feels a lot more surgical than it otherwise could have been, the reasons behind each action is just varied across people impacted