Thread regarding Comcast Corp. layoffs

The Signs of Layoffs - Comcast - NBCUniversal

The most obvious sign layoffs are coming:

  • Executives hint at layoffs using other terms, like 'restructuring' "downsizing," "reorganizing," "incremental synergies," organizational efficiency," "offshoring," "streamlining," "headcount reductions" "workforce rebalancing." "simplifying structure," "organizational improvements," "right-sizing," "simplification," and "delayering,"

  • Company starts giving 'non-negotiable' job offer, assignments or projects to employees and or retirements are forced, benefits cut, packages or incentives offered to resign now

  • Company is trying desperately to save its dying flagship product or business

  • Lower Stock Price and Poor Performance

  • A WARN notice has been issued. If more than 250 full-time employees are being let go a company must file a Worker Adjustment and Retraining Notification (WARN) with the state's Department of Labor (DOL) 90 days prior to the layoffs. This is public information that can be found on a state's DOL website.

  • Company gets acquired or has a merger or talks about a merger or IPO flops. Mergers frequently lead to layoffs to eliminate duplication.

  • Company is aggressively hiring new employees in a business that is not growing at a similar rate. Normally these new employees are hired at lower cost to replace older and higher cost employees.

  • New H1B hires or transfers and training of overseas functions, branches and employees.

  • "Synergy" is a word that should terrify employees: "Synergy is what you get when you eliminate redundancies in your efforts to cut costs."

  • There's already been a round of layoffs. The first round of layoffs is rarely the last.

  • You're invited to a group meeting with the department head, and ther personal assistant confirms with you that you'll be there.

  • Internal job postings get taken down or not filled.

  • You're expected to do more with less and budgets dramatically cut or reduced.

  • Your role and responsibilities are shifted, split or to be shared with a coworker.

  • People are told they can't work from home or must report to the office on a specific day.

  • The higher-ups take steps to 'improve efficiencies' and eliminate redundancy.

  • Bringing in consultants to examine processes.

  • Company brings in a new board-appointed CFO to look over the books.

  • Higher-ups start quitting or if they start heading for the exits.

  • If you start to get ton of questions about what you do.

  • Requests to share passwords, training documents, and other things that may not be written down are sometimes done to smooth impending dismissals.

  • The discretionary stuff is eliminated or starts to go are signs reduction-in-force is coming.

  • Cost control policies implemented and expense accounts very closely monitored or curtailed

  • Company bills aren't getting paid or supplier payments terms are ever increasingly over due.

  • The uprooting of plants, offices and functions, shifts to overseas in low wage countries.

  • "Rumors and speculation of possible layoffs coming"

  • Conference rooms are booked by HR all day meetings or HR off-site meetings are signs big changes are coming.

  • HR folks prefer to deliver bad news like layoffs in private and behind closed doors.

  • You notice ramped-up security.

  • Your access to work accounts and work related info begins to be limited or denied.

  • If you're locked out of password-protected, company-monitored accounts.

  • Managers are suddenly pulled into a series of meetings that span a few days.

  • If managers find it difficult to directly answer questions about what is going on with all the meetings, this could serve as confirmation.

  • You stop getting invited to important meetings.

  • Upper management avoids eye contact or try to avoid you.

  • There are more tissue boxes than usual around.

  • There are a lot of empty boxes around.

  • Memos to employees detailing imminent layoffs.

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| 11541 views | | 7 replies (last November 16, 2023) | Reply
Post ID: @OP+O2lggru

7 replies (most recent on top)

Comcast business cut roughly 10% of its FTE headcount on 11/13/23.

Top Heavy teams cut down to mgr level. New President made his mark. More t come in Q1 2024.

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Post ID: @BAtuv+O2lggru

While workers didn't invent the offshoring tactic as a means to cut cost, we sure as he-l are contributing to it.
There are so many tech workers I know (possibly in other roles as well) that just plain refused to go back to the office. Well, guess what, if your job can be done remotely in another state, it will be done in cheaper country for 60% less.

Some of this nonsense was created by workers just demanding too much. Asking for +10% raise is one thing. Asking for us to pay 150K/month lease for space that's empty is crazy.

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Post ID: @zbprd+O2lggru

Many departments @ NBC UNIVERSAL Englewood Cliffs NJ have horrible management. Their 'creativity' with salary and overtime is criminal. Far too many employees are not staff, have no rights, and are treated poorly by their ignorant supervisors. The line between workers and managment is akin to cliques in High School. It is a toxic environment and HR does nothing. Avoid.

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Post ID: @xSeut+O2lggru

I worked there many years ago. It’s pretty terrible. Still have friends there but not sure how they do it. When I was there: poor pay, decent benefits, awful culture. Not sure how it is now or how the west coast culture is.

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Post ID: @5itme+O2lggru

Wow I should have read this years ago. Everything listed happened.

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Post ID: @4Wgqz+O2lggru

good post

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Post ID: @2Vyjt+O2lggru

This is cool...

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Post ID: @Unpa+O2lggru

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