Rumor has it there's a big company-wide announcement on the horizon, set to drop around 2:00 PM CT today. Managers will be lining up meetings from this afternoon through tomorrow morning to break the news of impending layoffs.
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For those of you going through your first corporate layoff, just be forwarned. This WILL now be a standard practice at TransUnion! You heard it here. Whenever our numbers don't BEAT (not meet, beat) market expectations you should expect these types of accounting shananigans to occur. This is the norm to ensure the stock holders get their returns.
And, if you end up actually keeping your lovely job, you will now need to navigate the emotional toll of losing so many friends and great coworkers, it's going to be painful. And while dealing with all that baggage youll now be expected to do more work and if necessary work more hours, to account for those lost jobs.
Honestly you should be hopeful to be one of the fortunate ones on the list, so long as they don't skimp on the severance packages. The fastest way to a promotion and more money is a new job!
Good luck TU
How much do they get in severance? couple of months they gave like six months of severance for some folks.
You can find details of the severance package by searching “severance” on The Hub.
All I can do now is hope that the severance is generous - there IS that possibility.
Things have been so utterly bizarre over the past few years that it's a lot harder for me to imagine staying after the (main) bloodbath's over anyway.
Nothing in Canada yet
Anyone in Canada receive anything?
It's true we just got the email at 12:21pm PST ... THIS IS SO NERVE WRECKING
After that email how are we supposed to focus on work? Every email notification makes me jump and my heart is racing - anxiety is through the roof!
Did someone really come up with this communication plan and use best practices? It’s so taxing on our mental health and wellbeing.
Yeah so stupid. Everyone gonna be freaking out the rest of the day now.
what's the point of notifying the associates tomorrow if they plan to send the meeting invite today.
Actual notices will occur tomorrow but those affected will find out today thru the calendar invite being sent out this afternoon… so d-mb
On mat leave have no clue what is happening
The notice reads "Associates in the United States who are impacted will receive a calendar invite for tomorrow". Nothing about other regions.
Got the email saying tomorrow affected personnel will be notified
This is US only. Other countries have more restrictive labor laws that will not allow such a haphazard execution.
Which org are you all in for those getting email invites for tomorrow and notices?
Are you all US? Canada here and haven’t seen this announcement yet
Seems like only some people got the email - most didn’t
Notice dropped. All associates except for essential onsite workers are to WFH tomorrow. Notices going out this afternoon for calendar invites tomorrow to meet with HR and team leader to discuss severence and assistance.
We got the email.
They will notify those officially tomorrow who are being laid off… and they will receive a calendar invitation THIS AFTERNOON for said meeting tomorrow with their “leader” and a person from “HR”
As per what I heard from other teams its confirm that all will be announced either today or tomorrow.
chirp chirp!
“As was mentioned, all associates are now aware of the announcement regarding associate news.” - I don’t see anything? No emails or meetings on my end yet…
There’s gotta be a troll in here messing with people
Follow the sun - the ETA just switched to MST.
Don't worry - it'll switch to PST, and then HST.
I'm confident someone will come up with a plan for after HST - but we'll have a whole hour, so FULL SPEED AHEAD for now.
Any news? I haven't seen anything
Well…we’re waiting
As was mentioned, all associates are now aware of the announcement regarding associate news.
It’s 2pm CT and nothing yet - I doubt anything is happening
It is happening. 100% guaranteed
Do they really do these layoffs or do they want the employees to resign
Not sure of what these rumors are but this is creating a lot of panic and mental stress.
You will know when it happens. All I am looking to find out is what was the layoff method and what kind of severance (in general terms).
Idk if I believe this? How do we know it’s true
Can you prove it in any way? We are understandably skeptical, especially since there was a post yesterday saying it would be yesterday.
@byq+1pO9BmBU I’ve been interviewing and am in the final rounds for a few roles. Of course I’m concerned. But I’m also faintly optimistic that the work my team is doing is critical enough to be spared this time. We’ll see.
Well I’m a director and I know nothing about this nor have I been asked to make any cuts so take that for what it’s worth.
Correct and confirmed