Thread regarding Gainwell Technologies layoffs

Confirmed news - 10% of Gainwell employees to be offered voluntary retirement

Employees who are within 3 yrs of retirement OR plan to retire are being offered a voluntary retirement plan.

Package might not be lucrative but definitely worth considering, given that sane ppl lose their mind and GW is driving employees nuts!

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| 2131 views | | 26 replies (last July 11, 2024) | Reply
Post ID: @OP+1tdIlIEq

26 replies (most recent on top)

The OP (original poster) would be the person who initially created the topic thread.

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Post ID: @foqk+1tdIlIEq

Who's OP?

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Post ID: @fnfh+1tdIlIEq

The OP has not answered any questions. I am assuming this is false information?

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Post ID: @ftri+1tdIlIEq

Any update on this topic? And regarding ' Employees who are within 3 yrs of retirement OR plan to retire are being offered a voluntary retirement plan.' What is the retirement age?

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Post ID: @frmd+1tdIlIEq

Will they be offering anyone 62 and older this early retirement package? Or do they offer it to people 59 and older assuming they can take social security at 62?

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Post ID: @7lat+1tdIlIEq

The OP has not given any further details. When do we expect this to occur? I am very surprised if this is true.

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Post ID: @7qgn+1tdIlIEq

Joe Biden really captures the boomer spirit. Utterly corrupt and incompetent and he-l-bent on taking everyone else down with him.

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Post ID: @3ryj+1tdIlIEq

Hey boomer your applications are trash

"Ask not what your country can do for you, ask what you can do for Israel."

  • boomers
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Post ID: @3sql+1tdIlIEq

Wow, why the vitriol on older employees? Who are you on this site that pounce on the generation that built and supported this application for decades? Why is there a such generational divide here?? During my 10+ years at Gainwell (and HPE, HP, etc.), there were good and bad engineers across generations; some newcomers came aboard expecting hand holding, some old timers knew their stuff and continued to work extra hours to keep this sinking ship afloat. Chill out and don’t generalize based on age!

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Post ID: @2mym+1tdIlIEq

Boomers inherited the wealthiest country in history then ran it into the ground and offshored what was left to Asia. They are the worst. We can also thank boomers for garbage like Walmart and high fructose corn syrup. Yay, boomers!

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Post ID: @2wtx+1tdIlIEq

You boomers are the reason this company is such a massive failure. Good job outsourcing American healthcare to India you absolute imbeciles.

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Post ID: @2bys+1tdIlIEq

Wow! What a bunch of third graders whining, but that is typical of the wimps and slackers coming to this site to see if they can get a bonus for doing nothing. Good thing the boomers carry them everyday. Everyone knows what the WFR package is and that will not change unless the ROI shows a savings. Gainwell has been consistent with annual WFR's ( Right sizing ). Don't wait, go ahead and ask for a severance package! Hope there is a better Early Retirement package than the WFR, but it wont be good for those that remain as it means new hires at the bottom of the range.

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Post ID: @2col+1tdIlIEq

To the OP: do you have any more details? When are they going to make this offer? Is the "with three years of retirement" based on age 65? or other? Thank you.

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Post ID: @2emp+1tdIlIEq

Based on this, 10 percent of Gainwell is 64 or over. If they wanted to retire they would have quietly volunteered for a wfr.

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Post ID: @1xsf+1tdIlIEq

I'm in my 30s and would gladly accept getting paid to leave this shithole company

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Post ID: @1emu+1tdIlIEq

Hey what are the package details? I am only 43 but look old for my age.

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Post ID: @1nha+1tdIlIEq

Time to ship the blue haired and balding boomer pirates off the old folks' home where they belong. Good riddance.

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Post ID: @1hyz+1tdIlIEq

"It doesn't make sense to me that they would do this. They've just been firing people with little severance. Why would they now decide to pay folks a package to leave? Why wouldn't they just save the money and fire them?" Maybe Gainwell wants to avoid age discrimination lawsuits?

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Post ID: @1qqh+1tdIlIEq

The issue here is Gainwell has no intention or ability to deliver the things they promise. They are only promising to get the account. Then they ra-e the state and steal their money. It’s as unethical as it gets.

On top of that they have a pretty incapable workforce of leaders. They have no business being leaders. They couldn’t even run a yard sale cash box much less a company of any size. Poor processes and poor leaders are a recipe for failure. Then you have them selling things they cannot and have no Intention of delivering. Yep it’s a sht show.

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Post ID: @1lcc+1tdIlIEq

It doesn't make sense to me that they would do this. They've just been firing people with little severance. Why would they now decide to pay folks a package to leave? Why wouldn't they just save the money and fire them?

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Post ID: @1jmc+1tdIlIEq

Rocket scientista, you are so right!!! People cannot get out of their own ways. I've seen it play out in multiple states and projects. Parts of Gainwell are good, most are a quagmire of poor processes and even worse leadership. Dismal. As a working boomer, if the above is true, it will be a good thing if the right people (aka poor leaders) take the retirement 😉 but there are a lot of valuable people who will leave also. We are not all built the same.

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Post ID: @1yty+1tdIlIEq

In theory a company of this scale could do anything sales proposes, but it would take genius-level planning and implementation to do so.

There’s your gap.

Unmotivated mediocre talent in middle and upper-middle management combined with mercenary consultants who could give a flying fck how things pan out in the end.

All we know how to do is spin our wheels in .MPP files and spend more time on productivity systems than producing.

This ain’t rocket science.

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Post ID: @1jgz+1tdIlIEq

Do It

I agree. These leaders need held accountable. The company needs exposed. And if it puts them out of business then so be it.

Someone in sales Do It!!

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Post ID: @hsj+1tdIlIEq

@ixr+1tdIlIEq

It sounds like you think you know better than experience. That you are irreplaceable.

No doubt some people simply need to retire. But don’t kid yourself. Gainwell is only doing something like a buyout for one reason. One reason only. Money.

If it’s even true.

But I agree. Even if a bunch of people leave the company will still be a cesspool. Stealing from accounts. Lying to clients. Operating illegally and unethically. And we have to take that stupid training every year about it.

Someone in sales should blow the whistle on this whole operation. Take some of the RFPs that Gainwell is using and show that they cannot deliver and have no chance of delivering. Burn this place to the ground!

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Post ID: @vkw+1tdIlIEq

Please…. Even if this is true it does nothing for the company to make it a better place. The company is still lead by inept leadership that has no business even running a lemonade stand.

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Post ID: @vov+1tdIlIEq

I do pray for this to be true.

I do hope many of these "lifers" that have been dragging their feet towards retirement for 35+ years actually take this offer and finally take off.

some of these people have had no other job at all, they don't know any better, and many never had any interest in knowing any better. They see themselves as irreplaceable.

please take the offer, I beg you, go ruin somebody else's life... your wife's, your dog's, your cat's. I don't care, as long as its far far away from here.

a lot of you have outlived your usefulness, you people are dinosaurs, fossils of a long forgotten era. please for the love of god retire already!

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Post ID: @ixr+1tdIlIEq

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