#uncertainty

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Long Weekend

This weekend has been a roller coaster of emotions. One minute I feel confident that I made the right decision by signing the VSP, and the next I'm asking myself, "What have I done?"

Twenty years with one company... and this is how it ends. It's a strange feeling to close such a significant chapter of my life.

For those of you who also signed the VSP or are going through a major career transition, how are you feeling? I'd love to know I'm not alone in this.


The Lay Off Waiting Room

It's an excellent point made by a poster below. Many are hoping to cash out for the severance and feel entitled to do so. There is no disagreement with that. The sturm und drang has been real. Employees have earned that money. Now, they weigh whether hanging on for it will result in actually getting it. With the advent of the Cognizent bait and switch, it's a hard calculation. One colleague decided to bail after being je-ked around long enough.


Wondering about the future

I've been thinking about whether staying here long-term is even realistic anymore. Everywhere I look, people are just going through the motions until they find a way out. New people, old people, it doesn't really matter. The consensus seems to be that Schwab is in decline and nobody should be pinning their future on it. Maybe that's for the best.


On the ropes

Verizon employees are on the ropes. How many more body blows can they take before they get knocked out for good. The company is an utter mess at the moment. Employees are shell shocked and trying to keep their heads down whilst wondering if it’ll be them that are laid off next. Running a company based on fear and uncertainty only results in one thing : failure


nearly 2 weeks to go !

MO advised that the company will commit to providing a date by the end of July to confirm whether roles are impacted by the new organisational design. Has anyone heard any intel on numbers, percentages, or which parts of the business are mostly impacted? It all seems very quiet… the calm before the storm.


Surely, Oracle knows where the layoffs are going to be in Sept?

Surely, Oracle knows where the next round of layoffs in September are going to be? Probably Cerner, maybe Sales, maybe OCI, other places, if I had to guess from my uninformed internal location. So, why is management letting 150k people just generally wonder about if they're going to be next, and give current employees some sort of heads up? It's ki-ling all internal workflows with letting everybody think that "they're next", when it doesn't have to be that way.


It's really not worth it

Sleeping well these days? Doubt it. Who could when you're always looking over your shoulder for the next layoff?

Thought I couldn't make it without my Humana salary for most of my two decades at the company. Finally mustered the courage to shed them and can't believe how happy and stress-free my life is now.

How much is enjoying life worth to you? Truly enjoying it, not just putting on a happy face while dread and uncertainty haunt your thoughts. Haven't seen anyone posting "Wish I'd stayed at Humana" here have you? That's because they're finally free and happy like me.


Handling uncertainty

Asked to relocate to save job. I have interviewed many places but unfortunately didn’t land any job. So it is evident to relocate. However I keep procrastinating that move, as I am being told multiple times here, that I will be cut after moving. Time is running out and I don’t know how y’all made that move decision and went forward. What was that one thing that got you out of your a-s and made the move despite of all these fears?


Rumors Rumors Rumors

There are a lot of rumors going around about layoffs and restructuring. I’ve asked a few leaders if they know anything, and they’ve been pretty firm that there’s nothing currently being discussed.

At the same time, rumors usually don’t come out of nowhere, so I do feel like there may be something happening behind the scenes. More than anything, I think there’s just a lot of fatigue from the constant cycle of restructures and uncertainty.


Anyone interested in doing work anymore

I received top performance ratings in 2 of the last 5 years, and I’ve always been a self-motivated person.

These days, I have had very little energy or motivation to work. It feels like I’m just doing enough to keep the boat afloat.

Is anyone else losing interest or feeling disengaged because of all the uncertainty and instability in the company?


And now we wait???

Initially, I was saying eff this... after 15 years - and they pull this stunt, let me take the money and run - but then I added up the taxes and considering that I have yet to get a single interview for ANYTHING... I decided to change my answer to decline the VSP... so now what? Hope I bought myself some time and hope I wont get sacked...at least not till I find something suitable. What a nightmare. Truly.


The waiting is the worst

Waiting is the hardest. This is torture. Let people know now, now that it’s out there!! and what is out is from June July August and Sept. then what? Ki-ling the summer and then what…..the holidays? Knowing now is more humane than later. People need to plan.


ALBANY TOWN HALL - Friday 7/26

Long-time reader, first-time posting. I was planning to post yesterday only, but I just came back from travel.

After yesterday’s town hall, I am still having many questions. It answered many things, but not the questions most people were actually asking. There were plenty of buzzwords and positive statements, but not much real clarity.

I am still not understanding the Alderon split properly. What will remain with IBM? What will move to Alderon? On what basis these decisions are being taken? Even after the town hall, I don’t have a better understanding.

Also, it looked like the usual favorites are getting special treatment. From what I could understand, many of those people will remain with IBM, while everyone else is still not knowing what will happen with their future. Maybe there are valid reasons behind these decisions, but they were not explained clearly.

Just wanted to know what others are thinking. Did this town hall give you more confidence, or did it leave you with even more questions? Are you feeling more secure about your job after listening to it? Interested to hear everyone’s thoughts and opinions