Thread regarding Corning Inc. layoffs

Layoffs info

Instead of the usual useless morning small-talk (e.g. “how are you I am fine, thank you, nice weather isn’t it”) I asked several people that I met today if they heard anything about planned cuts. The consensus is that yes, cuts are planned sometime in the next few weeks (weeks of January 8, 15 came up frequently). For those that gave me a number, it was in the 200-500 range for the whole Corning valley. While some said it would target higher ranks (director), someone also said that the cuts would include some union workers. I usually try to ignore the rumor mill, but with this level of consensus I am starting to think that it might happen. I will continue to ask around...

Bumping this from @3tzw+1qkDdz4i for more folks to see.

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| 2151 views | | 5 replies (last January 4, 2024) | Reply
Post ID: @OP+1qp65Gry

5 replies (most recent on top)

Decker folks (minus lab support) are either moving to ZV or headquarters. I haven't been told of any increase in charge out rate, since last time it increased leadership was quick to announce it.

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Post ID: @hmr+1qp65Gry

"Where are the decker residents going after building closure?"

Decker people are moving to HQ, SP and ZV ... and part of the reason FOR the Decker closure is precisely because of how expensive Decker is to maintain and that there is no revenue generated there - and it is usually empty. So the hope is that by more efficient use of space that charge-out rates could decrease. Or so I have heard.

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Post ID: @dyy+1qp65Gry

Where are the decker residents going after building closure? Hopefully the charge out rate won’t increase otherwise the cost will be higher for projects

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Post ID: @xti+1qp65Gry

Generally if it walks like a duck & quacks like a duck, it’s probably a duck!
Point being, all sources are repeating the same theme & with the conference rooms booked, well I say it’s a high probability of being a duck.

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Post ID: @nvd+1qp65Gry

(noticed this after replying to other post, so adding this here)

Similarly I spent some time talking to a former coworker who is now a director, who is getting ready for a move with Decker closing ... they're bringing all personal stuff home as they pack, and while they can easily guess something is happening, no one has asked them or anyone else at their level about ... anything. They also said that due to being purely admin they have been made to feel particularly vulnerable - all talk from their leaders has been about adding value recently so they feel a significant trimming of admin costs is coming.

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Post ID: @lej+1qp65Gry

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