#rif

I’ve seen high performers get RIFed…if they’ve been on their ADs sh-t list. Does that imply AD had a say in the job loss? Serious feedback please no trolling

Several colleagues hit with 'company wide' rifs yesterday and today. Tomorrow last day. Rifs are a fact at broadcom, even when it's not needed.

I got a partially meets for the first time in my career based on very shaky reasons that didn’t reflect my work or feedback. Anyone else in my boat? I’m assuming this just makes me first in line for RIFs, but is it an automatic de*th sentence? If my part of the business isn’t hit will I be let go anyway? Obvs no one is psychic, just wondering about lived experience.

I am actively being recruited by other companies and been around 15+yrs. With the rumors about new layoffs getting louder daily, I am trying to figure out if there is a way to volunteer? Has anyone directly asked to be laid off? How did it go?

I'm not sure who knows how some of these things work but the VSP gives the company the ability to plan a org flatten and restructure over time, that's the "Long Term" plan.

RIF is the big cut

So..... The order of things
Phase 1
String this along, a percentage have already and will just quit (voluntary attrition is best and cheap)

Then kick off the plan.
Step 1 - VSP notifications and dates are final
Step 2 - Month or so, after a period of time to give people that are not happy with their VSP to just quit on their own. (again voluntary attrition is cheap)
Step 3 - Some point around the month you'll see a sizable RIF to scoop out the undesirables that didn't take VSP.
Step 4 - Long departure dates, the workload will increase, metrics ill change, micro management will be the theme.

,,, oened up in India after the April 2023 RIF doing?

Release dates all met?

Code excellence?

New technology advances?

Any news on more layoffs and RIFs?

Anyone rif'd in the past collect unemployment? Do you file on your last day worked and get it after the 1 week waiting period or do you have to apply after your severance weeks are over? People with personal experience please reply.

Almost forgot to post about this. Heard a PL (not mine, she's amazing) one day the week before last say "Mission Simplify has nothing to do with layoffs and RIFs. It's all about operational efficiency."

Riiiiiiiight.

With the recent layoffs and RIFs across WPP, Publicis, Omnicom, and the broader industry, I know many people are navigating a difficult and deeply personal moment.

For those who are comfortable sharing, were you able to negotiate any part of your severance package? I am particularly interested in whether companies showed flexibility around severance duration, benefits coverage, bonus or commission payments, equity, or the timing and terms of separation agreements.

No need to share anything confidential or identify yourself publicly. My hope is simply to help people better understand what may be negotiable and advocate for themselves during an already challenging time.

Hot off the presses. Not really the presses; I found this out by accident via a careless senior employee. I’ll leave it at that.

Supporting Functions (Finance, HR, Legal, Gov. Affairs, Administrative Services, etc.) will see a RIF action. No timeline was mentioned. Names were not stated but roles were. Obviously I’m not going to mention those role titles because you can tell many of them are only held by one person. Eg if Nike has a role called “Director of Currency Transactions in Latin America” that probably means one specific person. I made that example up but you get the point.

It appears that like with prior layoffs there’s an emphasis on higher level roles. My surprising takeaway was the number of Director and higher positions in some of these orgs. For example one of these orgs is about 50% worker bees and 50% Directors or higher! This matches what I’ve seen in some Nike orgs where they became top-heavy when times were flush. Can’t have ten senior managers overseeing ten actual workers.

I can’t say I’m surprised. With a few exceptions I believe Supporting Functions has mostly avoided layoffs so far. It was going to be their turn eventually. Especially with those orgs that are top-heavy.

Share your story about how the Medtronic RIFs were used to engage in covert retaliation by the "World's Most Ethical Company" aganst you or a colleague

Is there a requirement for VP's to be sociopaths? They seem to be required to lack empathy or remorse and engage in manipulative behavior to achieve that level.

It is truly disturbing to watch them in action.

I think the annual RIFs are some kind of sick psychopathic game they love to play on us to keep people in line. It must give them pleasure to destroy people's lives year after year for no reason other than to advance their own career.

I've heard talk about RIFs later in the year. Any talk about Early Retirement being offered?

Beware the new CHRO Samantha H
My hubby works for Verizon n says she smiles big n projects positivity n then will turn around and RIF hundreds of y’all
If you have a chance, bask her how many people she layed off at Verizon
She and her people are notorious for retaliating against employees too so be careful

2 OSP engineers in NM walked out 7/16

Any one else rif'd at HQ?

I wish people would stop parroting the "impacted" euphemism. It's either "laid off" or "fired". Not even "RIF", because that implies that the job is gone. The job is never gone, it's just done by someone else that remains.

Anyone know when we will know if we are safe or not? Sure heard first week of August but how is that when they keep changing the dates of everything else?

Several have been communicated to today. The rest in the morning. Any word on what groups are impacted?

"The company continues to evaluate the strategic positioning of its Medicaid portfolio, and recently reached an agreement with officials in DC to exit its Medicaid market. Boudreaux said to expect additional exits over the next 12 to 18 months...

With the spin-off…. Any rumors of offering packages?

Company wide reduction in force.

It's that simple, the current work force is broken. Good luck on the unemployment line.

As reported in the NYT this morning. Gail took full credit of course, but I could just envision her thinking “these RIF’s are working great! Gotta kick it into high gear”. Glad I retired a few months back and out of that stress.

Viasat logic = hire/promote more execs and lay off the "little guy" and make sure that those left behind work the job of three people for "market value" pay.... yeah right. This place is such a joke.

Tips for Thursday

Call in sick
Do not accept any 15 minute calls

Layoffs and firings throughout majority of sites today. My team was affected, and multiple people at my site were affected. No confirmation on amount let go yet.

Just got word Thursday is a go, however my leader had no word who's impacted. I'm in CP on the retail side. Good luck and may the odds forever be in your favor 🤞

but does anyone ever see Kate J come right out and address the many layoffs over the past few weeks, or just continue to RIF more workers every month until she feels the time is right to sell off the remaining parts ?

How does being on leave impact notification if you are RIFed? Do they wait until you get back to inform you? Does the clock start while during leave or after you return to work?

This question is specifically in regards to maternity leave, so I have a firm return to work date.

Will appreciate serious advice on how I can land on the list of RIF candidates without pushing it so far that I get fired.

Was invited for quick meeting at 9:30AM for 30 minutes.
My manager along with someone from TPO joined the call.
RIF terms to be kept confidential.
My manager promised me to consider me when some position open,
TPO asked me to forward resume to cognizant manager as I have 10+ years experience in FIS.
For last few weeks, was working on process documentation. I think that was indication for what was coming.

Q2 sales will lack both plan and the latest exec forecasts. Substantially. SVP of sales and several Director / Sr. Directors in sales will finally be fired in August. Not for missing the target, but for missing their own forecasts now several quarters in a row.

ARR in the current quarter will shrink vs end of previous quarter (for the first time). That will be the catalyst for the bigger changes:

KKR will continute to re-shuffle the board to drive more accountability.

CEO still believes that "product is fine, everything else is the problem". He'll be fired, too. Timing just depends on interim and long-term succession plan. Nobody will miss him as he's been over-promising on outside investment / recapitalization / acquisition and under-delivering.

Once that happens, the power center of gravity will shift away from product groups. Don't need as many PMs and engineers if the goal is no longer just growth (which has been embarassingly lacking). PE firms are happy with high profitability / low growth or lower profitability with higher growth (rule of 40). Any combination works for them long term and the company will be reconfigured to set and maintain the direction.

All of this will be disruptive, causing more internal power fights. Good people will leave for better opportunities (which exist for them) why others will be RIF'ed in certain areas. That will leave the company with lower cost, but also understaffed in important areas. That imbalance will prolong recovery time.

In short - long term (18 months+), Omnissa will be fine.
Short term (12-18 months), it's going to get ugly. Opportunities for smart people to navigate the disruption.

You read it here first.

I know there were deep cuts of talented people even younger engineers. From my time there, I recall there were already many positions that hadn’t been back filled.

With all the constant talk regarding RIF and layoffs. Plus, rumors of a reorganization of the lines of business. The company has not asked for any reduction of headcount on the union side. What gives?

Does any one work in this team - wholesale/ MVNO? I am hearing about crazy things going down there since last RIF. Looks like that business is nose diving and the new leadership is completely clueless and apparently their morale is rock bottom. I always thought that was a quiet business living in its own corner and constantly delivering. Sad to hear if this is true.

Can my manager lay me off just because he's doesn't like me? He cannot make a case of bad performance because I literally get praises And thank yous everywhere from all the other stakeholders. I am IC. Can he fire my me or somehow influence the HR or management to include me in the next RIF? Are there any guardrails to protect teammbers from toxic insecure managers?

If I survive the next RIF but our function gets impacted to the point where I have to take on even more work... I'm going to look to leave

Well just checked multiple Sr Director and VP calendars and looks like some groups met already to proceed forward with next weeks rif.... its rare to see all of them meet same day/time and of course you can check the same day for prior weeks to see its not a normally reoccurring meeting. So I guess the lists are made and finalized, and Sr. Directors now know who is on the cut list. Obviously they can't share it early but I wish they could, just so we dont have to think about it for another week. My manager is concerned and I can't blame them... things just feel super weird lately.