Well today we were in a leadership meeting and One of the leaders apologized for the upcoming reorg but said that it's got to be done. The call went silent and nothing else was said and the subject was quickly changed. I know some people try to be an alarmist but not me. To my fellow Krewer's make you own decisions but I cannot afford to be without a Job due to kids, private school, mortgages, elderly parents that depend on me.
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Around 2100 heads started rolling today. Affected souls were notified via a generic email. Rumor has it that all affected employees in US and CA have been notified, but layoffs will continue for another week. I guess those are the international folks.
As expected, client have been left hanging once again waiting in zoom meetings for their terminated UKG person.
I'm also seeing people disappear in the teams org charts - just saw head counts decrease under a few people and increase under others...
So uh, my VP Shows as “status unknown” in teams and no org chart is visible for them. C
Layoffs started today. Approximately 50 executives and VPs. More to come
what's going on is that staff in US is being replaced by staff in India.
Who heard of GTM layoffs in August?
So today we noticed that 6 of my coworkers were let go mostly on the legacy side of the house. This means a loss of talent and expertise. And they are making changes to the benefits although I have not read the email yet. The funny thing is they are hiring in India I do wonder............what is going on
The next step is to cut back on benefits. I have no doubt that they will first terminate the spouse's health insurance, requiring additional payments to cover your family. They probably wouldn't change if unlimited PTO was. Because we have employees in Boston and California, it would be more difficult for HR to handle.
These are being readied for an IPO in the future. Look! They switched it from Fidelity to Empower and then back to Fidelity, indicating that they are getting ready to go public. They won't give a damn about how their staff feels. They want the IPO to be as high as possible so that stakeholders and C-level executives can profit more.
Then they employ men from India. Not that I'm a racist, but their culture and disposition don't contribute positively.
- They enjoy utilizing the shake-and-bake method.
- They spoke to you in an impolite and condescending manner if your work title is the same as theirs or less.
- People treat you disrespectfully if you are Asian or Black. White people are like flatterers if you are one.
- No humor. They don't establish a personal connection with you. They intend to take over your works and replace you.
- They aspire to management roles because of their caste. As soon as they exist, they behave in this way without actually working.
- They receive credit from you but do not exchange information.
- Only employ their personnel
UKG made huge mistakes this year and paying the price. They are pushing to get more customers live too quickly and customer satisfaction has dropped significantly. They place quantity over quality. All about going public. Leadership is clueless.
They are laying off all/most staff in France as well, 200 people potentially impacted.
In IT loads have folks have left, it’s extremely challenging to work with limited resources. And most new hires are from offshore who lack technical skills. It time to bail.
Fishbowl rumor has it at ~800...
1,000 is surely hyperbole. We don’t have 1,000 people to spare
But they still sponsor tons of pro golfers , and the Miami heat NBA
Heard a good source working the list about 1,000
Product Engineering; Pre-sales; Consulting team;
Yikes, thought this was about Sales. Turned out to be payment services
The leadership at UKG is terrible; they lack backbone. I wish they'd bring Aaron Ain back.
Which areas are reorging