Heard on my own and saw on here that employee bonuses are being cut for the September bonus.
Can anyone definitively confirm this? If so has the amount of the cut been confirmed?
If they do this it is going to drop morale much lower than it has already become.
Second part of the bonus is gone. They will justify it by saying that bonus is being cut by 50%, because they already paid out the first part in March.
poof September bone-us disappears before eyes in a cloud of smoke.
RSUs and employer-paid insurance for employees is next on the chopping block.
This "rumor" is indeed true.
Employees will be notified about specifics at Tuesday's employee all-hands.
Layoff meetings are happening starting today and progressing through the coming days.
Guys, play the game. Go off sick, you'll get sick pay.. they're trying to sc--w us all over. It's time they had a taste of their own medicine.
Confirming SVP sales is heading out. Fall guy for a couple quarters of poor sales.
More heads will be rolling very soon, after earnings.
Is this hearsay ??
How many people will be laid off? The SVP Sales just left.....a big sign if you ask me. Don't if it was " asked to leave or told to leave" last year at this time company was great...
In short, yes the rumor is true. 100% true.
The final amount of bonus cut has not been communicated, but it has been determined.
Also the employees who will be notified that they are being laid off, has also been determined.
Just a waiting game now. Tick...tock....tick....tock.....