Thread regarding Monster Worldwide Inc. layoffs

Layoffs starting this week

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| 561 views | | 5 replies (last October 24, 2024) | Reply
Post ID: @OP+1uM8Ircy

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They are currently gutting Monster. I suspect a big push to move operations to India will happen before EOY.

The surviving staff are all being overworked to put themselves out of their own jobs.

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Post ID: @nfwk+1uM8Ircy

This will be at least the fourth round of layoffs at CB since the 2017 Apollo LBO. By the third round, CB had already offshored the majority of their Chicago Support/Success and Atlanta IT/SiteTech groups out to Noida. Leslie Cope and Mike Suhajda are surviving, so CB's 15% might have come out of product & finance.

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Post ID: @mbgk+1uM8Ircy

15% cut from both CB and Monster. More to come when they decide on the next layer after duplicate roles are identified.
Expect the remaining staff to be worked to the bone integrating systems and processes and transferring knowledge, only to have their role moved to India when they are no longer useful.

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Post ID: @9cpe+1uM8Ircy

You were right, got the email this morning. Unsure of what how many were laid off and in what departments. It was inevitable with the merger.

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Post ID: @7yro+1uM8Ircy

Damn

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Post ID: @5zep+1uM8Ircy

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