They are going to start picking core teams that have overlap with WMS now like in operations, marketing and admin functions such as legal and accounting. Get ready both sides. It's gonna suck while they keep us in the dark and make those closed door decisions. We're either going to get a separation notice or new assignment via org change. Agree with above comment. Cut the lousy Directors and Sr. Directors and keep the actual workers. That does make the most sense afterall. Most of the directors I interact with are wasted salaries.
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Got so tired of igt pulling this shit that I left the job and the state. It is great being in a new job where they appreciate me. I never worry anymore.
Got so tired of igt pulling this shit that I left the job and the state. It is great being in a new job where they appreciate me. I never worry anymore.
They are going after Australia game studio next. Then liquidating the Chicago office. Sorry for some biz lingo but a few of us at lunch did an EVA analysis on the SG&A of the company and clearly saw the opportunity to cut Chicago from gaming and most of Atlanta from lottery. Also international like India and Australia look pretty much out of luck too. Our pretty detailed research with our financial access shows that cash flow vs rev vs outstanding debt will bankrupt Sci Games in 14 periods unless 40% of the company overhead is liquidated. Expect a shift from casino floor and lottery scratch products to online focus in the next year. Lobbying for local law changes already has steam and online gaming is number one priority because of the minimal investment in comparison. Also, look for once previous portfolio buyouts like Shfl to be sold to other investors as their once grand plan to expand the portfolio is realized as a mistake. All of the fundamentals and finances are clear of their troubles. We will keep posting here over the next few months as each of us dig and find out more for all of our sake.
Not a single H1B or Indian among layoffs , Thanks Bally you should move your HQ to India
If you are an H1B holder then your job is secure but if you are a US citizen then you are next sooner or later that's their policy.
Don't post personal names, admins will remove the whole thread. Just saying.
Any names yet revealed who got pink slip?
omg
Not sure I give a shit anymore. I'm not spending another 3 months worrying about the decisions from clowns, I hope it's me. If I'm at the bar at 8:30, I'll buy you a round. We dont deserve this.
Can I just volunteer... I'm tired of this crap
Yep, I saw at the end of the day today some Mandatory Team Meetings are scheduled for the afternoon tomorrow. Good luck everybody!!!
Any news on layoff packages? I heard many are coming tomorrow.....would like to know what to expect.
It's confirmed! Wednesday 3/25! Be prepared for managers to start sending out "round table" meeting requests to "talk" about this sensitive information after they can hardworking employees! What a greedy company and so top heavy!
It's coming, probably by Thursday, March 26th. Noticed an increase in 'suits' walking around. Always happens when they are getting ready to perform the blood letting.
all i can say is.........what was wall street thinkiing?????dumb question on my part part.
sell now boys......
This is total BS. I watch them behind closed doors all the time. They NEVER give any hint to who's getting let go or even when it's happening. The morale here sucks! I think this place has no future!!!
Of course no manager/directors/vp's will get laid off. Scumbags take care of their own.
Anyone have insight as to the breakdown of Reno versus Vegas Pink slips?
The idiot masterminds behind these mergers got rich at the cost of many people losing their jobs and the economy losing millions of dollars. Nice going A-Holes! Don't worry, I'm sure management won't hold you accountable.
No notice? No warning? This must be what the CEO Beaky Buzzard meant when he said they would synergize people "with respect".
Its gonna suck :( .... No notice, no warning and upper management keeps on saying " Work as usual and produce", coz it will make them look good and your gonna get a pink slip ......