I'm asking about here, in the US.
And I'm also not thinking about the (supposedly) 500 round, but something that might follow after it.
I'm sure we'll get a few weeks, maybe even a few months reprieve, but what's going to happen after that? Are we positive this whole restructuring or redesign business won't ask for more employee sacrifices?
Nope, not done. I'm in IT, and my LL6 said there would be some agency and GSR's let go in June (most indications point to 6/18 as the date).
He also said they let go 150 LL's in IT, so can only imagine how many agency and GSR's are going to be asked to leave. I don't think most people don't understand that agency and GSR's do 95% of the work in IT, so there will be a lot of projects impacted/cut...there has to be, as if they got rid of at least as many agency and GSR's, almost every team will be hit. Will not be possible to have the same amount of work to be done., which will then in turn impact business.
Our area of IT just got the all clear for our LL4 and below. Also told that other areas in IT were still in progress.
IT and Marketing in June. The Street is asking for more cuts.
I think it'll depend on how the China trade war goes - if it gets worse = recession, massive cuts. If they agree and have truce, the economy will go through the roof and we'll be OK...
It's scary though.
Wall Street analysts are saying another 23,000 to meet projections - just the messenger/hang on to your desk.
Not so sure about this. May 28th is a busy day for LL4 in IT. Half hour appts from 12:30 to 4:30.
6/18 is next day being prepared for
Our area in IT has not gotten hit yet (I dont want to say which one). we were told that our day on the stage will happen by the end of June. This was confirmed in the letter that Kumar sent out last week. My interpretation is that any time in the next 4 weeks we will get it.
I doubt that anyone can actually answer that with confidence. Maybe once everything gets figured out with the UAW negotiations and they see what that is going to take.