Thread regarding Nielsen layoffs

Missed US Payroll - sign of layoffs and bankruptcy?

Not paying employees on time is a major red flag. Anyone know the details ?

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| 1761 views | | 7 replies (last November 5, 2023) | Reply
Post ID: @OP+1pppvLhH

7 replies (most recent on top)

It was a payroll vendor issue, not a Nielsen issue.

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Post ID: @2eny+1pppvLhH

Hopefully everyone got paid

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Post ID: @1vze+1pppvLhH

Yeah sorry we ARE obsessed - it’s our rent payments, our food on the table and our bills and Nielsen’s leadership CONSTANT feed to us that they are in DEEP financial sh-t.

So when we don’t get paid from them, it just makes sense.

Thankfully that wasn’t the case and it was just really bad timing.

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Post ID: @1gfe+1pppvLhH

While I agree that jumping to conclusions makes ppl look like id--ts, Nielsen has fostered a Low Trust environment which is symptom of that type of behavior.

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Post ID: @1ujl+1pppvLhH

Whoever creates these posts are really obsessed. You should really find something better to do with your time. The payroll issues was with Citibank not Nielsen and Nielsen sent out an email today that they ran a second payroll today, just so all employees can be paid between today and Monday. Which actually means some employees will be double paid this payroll just to ensure every employee is paid promptly (at no fault of Nielsen). So it’s pretty much the exact opposite of what you’re trying to insinuate in this post. It doesn’t seem like money problems. It seems like a problem with a totally different financial institution and Nielsen paid double in some cases to rectify the situation. So please find a life. This site once again is for people of serious inquiries about layoffs. Very weird.

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Post ID: @1hof+1pppvLhH

Is the increase in interest rates creating a strain on cash flow?

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Post ID: @bii+1pppvLhH

They sent out an email saying it was an issue with Citibank’s network and that Nielsen was not the only company affected by this. Based on what I have heard, this affected management as well and ex employees laid off in September.

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Post ID: @yzp+1pppvLhH

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