Thread regarding Corning Inc. layoffs

Why don't we learn about layoffs directly?

You can go to a variety of sites and see numbers and details about layoffs at all kinds of companies. Indeed, there are laws (WARN act) that say companies need to declare layoffs about a certain number.

This year alone, starting with the ~1500 layoffs in January, an estimate I have heard is 5000 layoffs at Corning. And yet - nowhere is that publicly noted by the company, not in communications meetings internally (the most we here is a singular vague 'workforce reductions'), and evidently things have been arranged in a way that they've avoided having to issue WARN act announcements while cutting ~40% of CPT Durham.

Why is Corning so opaque in this regard? Do they think that issuing generic platitudes and not talking about the actual situation helps rather than leading to MORE hallway conversations and angst about impact? What are your thoughts?

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| 1455 views | | 2 replies (last May 6, 2023) | Reply
Post ID: @OP+1mr7Xd6u

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The warn act applies to the closure of an entire facility. This layoff is overdue. Typically this company has a 4-year layoff cycle. Relax. They come and they go.

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Post ID: @3ofq+1mr7Xd6u

I don't know if there are laws against "structuring" layoffs in a way to avoid being forced to comply with the WARN act. If there aren't, then I am not surprised if Corning (or any company) would try to to avoid such public declarations of layoffs by staggering them.

Corning is not the only company that is opaque in this regard. I have worked at other places where layoffs were top secret until you came into work one day and saw your manager sitting in your office. I think they keep it opaque to avoid having top performers panic and start sending out there resumes.

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Post ID: @nfs+1mr7Xd6u

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