Thread regarding Illumina Inc. layoffs

Reorg/RIF?

Does anyone have information about the reorg/reduction in force rumors?

by
| 8212 views | | 57 replies (last January 11, 2024) | Reply
Post ID: @OP+1pQjOqhy

57 replies (most recent on top)

In what call was this said by the CFO? Super curious what kind of bonuses the VPs all got…

by
| | Reply
Post ID: @dzjh+1pQjOqhy

The only one hanging on for dear life is the 55 year old CCO with the mini skirt collection from Forever 21!

by
| | Reply
Post ID: @daqj+1pQjOqhy

Charlatan of a CFO 😂 What call was that? I totally missed it. Wish I could afford a higher standard of living....

by
| | Reply
Post ID: @blxh+1pQjOqhy

The VP bonuses were at an off time to retain talent, not the typical schedule. That charlatan of a CFO said on a call that VP’s need the extra boost because they have a higher standard of living!

by
| | Reply
Post ID: @9xdy+1pQjOqhy

Don't the VPs typically get big bonuses regardless? How big are we talking here?

by
| | Reply
Post ID: @9mqa+1pQjOqhy

The VP's all got a huge bonus by the way. All the while stopping promotions for everyone else. Haven't heard of any RIF's but JT sounds like a bump on the log.

by
| | Reply
Post ID: @8rib+1pQjOqhy

I haven't heard of anything happening. Maybe they are waiting for Friday?

by
| | Reply
Post ID: @8mkp+1pQjOqhy

What happened?

by
| | Reply
Post ID: @7nxp+1pQjOqhy

Is anything happening today?

by
| | Reply
Post ID: @5skg+1pQjOqhy

RIFs impacting who? What kind of reorg?

by
| | Reply
Post ID: @4ygy+1pQjOqhy

I heard a reorg is coming this week (week of 12/4) but RIF will not happen until January

by
| | Reply
Post ID: @4nkq+1pQjOqhy

Saw many new IT openings at Illumina India. May be outsourcing info is true.

by
| | Reply
Post ID: @3vrb+1pQjOqhy

Any news from commercial and marketing?

by
| | Reply
Post ID: @3sya+1pQjOqhy

Their outsourcing IT help desk, more soon no doubt. New CEO making his mark.

by
| | Reply
Post ID: @2ejw+1pQjOqhy

Haven't heard any rumors so far.

by
| | Reply
Post ID: @2puv+1pQjOqhy

No RIF from what I am hearing, but potential minor commercial reorg next week (role changes/geographies etc.).

by
| | Reply
Post ID: @1vsc+1pQjOqhy

I heard very anecdotally that things might happen on Tuesday 12/5 next week. No idea how accurate that info is though

by
| | Reply
Post ID: @aar+1pQjOqhy

Post a reply

: