Not a hoax. I was laid off a few days ago. FS
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Yes, US-based Strategy.
@G1kO1ph-4khj is this for US based Strategy? If not, what geography?
I think they hit Senior Managers and above using a regular quaterly schedule - varies by the geography and OG, but really, every quarter I hear about some group pruning the partner level folks. Just my two cents, I have no numbers to back this up though.
Were the layoffs SM and above?
100 in Strategy on 2/19
hearing it for FS. OP, have you heard this for any other groups?
It started in HR about this time last year and has just started again this week with e-mails starting to fly about veterans at the Sr Manager level in Enterprise being let go with the per usual HR meetings to come. Not a surprise as there has been increased pressure from Finance and and Sr Leaders to focus on cost. As usually we spend more time and money managing cost than actually doing our jobs no matter what your title is unless you are externally facing.
Where? Sounds like a hoax... What levels? What operating groups?