Singapore GTM lay offs complete with roughly 20-30% cut thru all functions (including early career?!?) after 5 days of firing. no pattern and no comms on future plans
ELT floor walk announced for Thursday but did not leave his meeting room. prob did not want to take confrontation and see people crying in the office. true role model of leadership.
Hopes for the rest ended last week and torment stays with HR culling..... next couple of weeks!
W/B 15-Oct we expect to hear more news in Singapore. Apart from an important Reuters Union member leaving the company, we are unclear who will be next. The cull two-years ago was performed in a professional manner and more transparent. We understand there is a debt to pay each month by Refinitiv. But the cull comes at us like a Walker in the Walking Dead.
Yes rather illogical, heard the head of risk key accounts sales was asked to leave but the other risk sales manager for emerging accounts was kept but the latter was known for doing very little..... who know what logic...
They can’t do much to be honest given the cut and cost saving targets
Can confirm the lack of pattern. In my location, they even retrenched people in the grad programme. If there is logic to the cuts, I can't see it.
How awful. I am very sorry that you and your colleagues have been treated in this way.