Since someone with their head firmly in the 1950's (or up their a$$...) had a bit to say about the admins left behind, I thought I'd provide some clarity.
Admins were not laid off immediately for several reasons.
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Not everyone took the "cancel all travel" directive seriously. Travel has to be cancelled before the cutoff.
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Charges on corporate cards were not all posted to Concur and expense reports need to be completed.
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Not everyone carried their boxes out. Admins are responsible for packing all personal belongings left behind and ship them to TMs house.
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All that equipment (laptops, phones, etc for 1700 people) has to be returned.
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Org charts don't update themselves and considering 1700 people were laid off and the remaining all report to different people, there's some work to do.
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Distribution lists have to be recreated since all teams were jumbled around.
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Cheap labor for rounding up left over office supplies and cleaning cubes.
I'd like to go on, but I'll end this section here.
As for the layoffs. Roughly half of the leaders were laid off leaving all admins behind. Going forward, admins will support multiple leaders which is far more efficient, cost-effective, and industry standard. One leader does not warrant a 40 hour a week assistant. Admin staff will be cut down to 15-25% of what it currently is. All admins will be pooled together and positions will be filled with the same logic (or lack thereof) which was applied to Tuesday's layoffs.
If you didn't have your eyes firmly affixed to an admins tits, maybe you'd be able to pay attention to what they actually do.