The company is asking people to volunteer to be laid off. SMDH
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I just heard that E&T is dissolving June/July timeline. Sounds like those employees are being reassigned to different areas or let go.
This whole process is definitely stressful. In a townhall the NA CS product supply team indicated that nearly everyone would know about position impacts by September. The NA CS AIM sites are still awaiting news from the frontrunners. The company is down over 50% in a year. Knowing that, I don’t think layoffs will just be management. I imagine some of the current management will take over non management roles which will displace others as well. I heard that while there is not a target number there is a target range. The ambiguity is so stressful. Tough situation all around.
My management (pharma clinical development) said even without DSO we need cuts because we don’t have enough projects but we haven’t been told targets or timelines.
Opted in. Very long term employee, fingers crossed. Recently attended a DSO launch at a giant convention center hotel. Another company was having a national sale meeting in another wing, atmosphere was happy, signage, balloons, music, happy people. The Bayer DSO meeting was very down, gray, and funeral-like by comparison.
Bayer was a decent company until the Monsanto purchase. Between never ending glyphosate litigation and PCB litigation, there appears to be no way out of this mess. Participant in ESPP since inception, share value down by 70%, no way to dollar cost average to neutral. I predict a huge headcount redux at all levels soon and a divisional split/sale a year or so after that. Young talented employees are jumping ship for significantly better wages. Hiring freeze is on, so workload is increasing significantly for those left with no added compensation. I used to love it here, now I hate it and just want out. Probably THE worst acquisition in the history of acquisitions. Practicing my happy dance for the day I get a severance offer. Coincidentally that is the same day my collection of acrylic plaques and logo shirts go in the dumpster.
Layoffs will coincide with DSO rolling out in your perspective sites. There will be a kickoff and then evaluations and reorganization of the site; at that point, layoffs will begin. I would guess around 2-3 months after kickoff you would see layoff notifications.
US: The opt-in is simply for them to get an idea of who is willing to leave, so they do not have to cut as many or any people from certain areas. It is really just a workforce planning tool. Severance is 2 weeks for every year of service with a 4-week minimum; that won’t change regardless of if you opt-in or not. If your job is impacted and you didn’t opt-in, you still get a severance. The only thing that is a bit different now is employees felt relatively safe, since only management was being targeted in press releases but now it appears to be open season on all. Good Luck!
That email went out to all of the North American Crop Science division. If I read it right, it also seemed to infer that not everyone who applied would be eligible. Only those whose positions were deemed not required. Unknown if those whose employment is ended involuntarily will receive similar or not. It also sounded, per the email, like any decisions after opting in would wait until DSO was implemented at your site, but not sure if I read it correctly.
What group or groups?
If they offered a decent severance for voluntarily leaving, take that money and run. Severance packages rarely improve over time.