I heard there will be layoffs till the end of the year. Does anyone know how they are picking people? I have seen people that definitely had great performance reviews get kicked so I don’t believe it’s performance. Like everyone else I am trying to jump ship anyway but the job market is hard right now.
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They way people are picked is as follows:
Indian = safe (for now)
Everyone else = not safe
Hope that helps.
Everyone is going that can go. In my division it’s developers, IT, devops, product managers, QA, operations folks who do all kinda of data checking tasks, managers, newer hires, and everyone else is looking to bounce. No one is safe except MAYBE upper leaders/VPs but even then, i wonder for how long since all “innovation” had ground to a halt. maybe sales people will stay but again, if they have nothing new to sell then i fail to see how long they will stay. commercial too, they aren’t producing new “innovative” work so more of them will go too.
look at the jobs in these GCCs. They’re hiring for directors, managers, tech of all kinds, multi-lingual people who live in India or Poland to help with clients in other European countries. Nielsen is having trouble filling some positions because they stupidly thought they could hire senior people in India for chump change but that’s no longer the case. Good, senior people in India now command salaries on par with Europe so Nielsen fu---d themselves again thinking otherwise. So this mess up might be why some department layoffs have slowed but rest assured, they will pick up again.
I agree that eventually all but the most essential senior leaders will be gone. Process lead scientists that spend their days explaining why the data no longer makes sense should be the next to go as anyone can analyze data, no previous research experience needed.
jfc are people just not paying attention?
everyone will eventually move to a GCC. No one is safe. Go get another job, ffs.
Things that make a layoff more likely:
Being an IC or line manager. VPs are safer.
Being expensive
Shorter tenure
The perception that your work can be offshored
The d-mber and BS compliant you are the better if you want to stay here.
If you think you have a (even slight) chance to make it somewhere else just go for it, there's no future here for those with a little bit of brain and dreams.