Also says that things will stabilize for the next couple of quarters.
TIFWIW
11 replies (most recent on top)
In my 25 years with the company, I can say that layoffs are always on a non-payday Thursday. The next one will be on 02/12 and then on 02/26. If layoffs occur on payday, they have to recalc final pay and correct tax withholding. It also gives managers time to stabilize teams before the weekend.
They often do these on the off-cycle Thursdays, so every other week. But interestingly, they do them on a Thursday because the science shows that the su----e rate of laying people off on a Friday or over the holidays is higher.
@b7 no? What kind of question is this. That’d be a huge lawsuit on Cigna’s hands.
Since they are performance-based, my money is on "yes".
@a2 yet here you are on this page seeking it out...
@ab Do you think (manager) being truthful? insisting that "he knows nothing"
Possibly, I've heard of B5 managers and even B6 directors not knowing until the week of JE cuts.
Will these layoffs disproportionately impact women?
Probably.
My Mgr is a VP.
The healthcare sector.
My manager keeps insisting that "he knows nothing". Do you think he's being truthful?
God I love how useful this information is, just to spread paranoia, not which sector not anything just a live hunger games