Started By
Message

My company having massive layoff Monday

Posted on 5/21/16 at 8:02 am
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27699 posts
Posted on 5/21/16 at 8:02 am
30,000 people getting the ax Monday

No more details, what time Monday, etc

Really sucks for me. Wife and kids and new home. Been doing this 11 years and have no clue what's out there or what the hell resumes look like these days. Haven't looked for a job since I was 23.

Monday is an odd day to do it IMO. Should be an interesting day.

Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17258 posts
Posted on 5/21/16 at 8:06 am to
Good luck, what industry?
Posted by barry
Location, Location, Location
Member since Aug 2006
50342 posts
Posted on 5/21/16 at 8:24 am to
Who the hell lays off 30k people?? Is this Accenture?
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27699 posts
Posted on 5/21/16 at 8:31 am to
telecommunications- massive company(200,000+ employees)


its massive and this is part 1 of 2 layoffs. this round is 30,000, next round in the fall is another 10k.

kind of scary. never been through this. we will get severance if laid off but still. mine will be around 17 weeks.
Posted by Clint Torres
Member since Oct 2011
2662 posts
Posted on 5/21/16 at 8:45 am to
Life has a way of working out. GL to you.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16307 posts
Posted on 5/21/16 at 9:08 am to
Didn't you tell us this a few weeks ago? Why haven't you been putting out resumes?

Also, didn't you say they hired entertainers like Chris Tucker?
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 5/21/16 at 9:10 am to
You get 17 weeks severance? That's pretty good.
Posted by kaaj24
Dallas
Member since Jan 2010
606 posts
Posted on 5/21/16 at 9:16 am to
Sounds like ATT. Regardless I hope this leads to bigger and better things for you.
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 5/21/16 at 9:16 am to
quote:


30,000 people getting the ax Monday


WOW, who is that? GE?

ETA:
quote:

telecommunications- massive company(200,000+ employees)


I see.

Best of luck to you! Sorry you have to go thru this.

This post was edited on 5/21/16 at 9:17 am
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55288 posts
Posted on 5/21/16 at 9:17 am to
Just prayed for you and your family. Blessings, protection, and financial security. Hang in there.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37081 posts
Posted on 5/21/16 at 9:27 am to
Post AT&T - DirecTV merger?

Sorry to hear. Any idea on how many of those are in Dallas (assuming you are in Dallas)? If it's 30K accross a large area it might not be horrific... 30K in one area would make it very hard to find jobs.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/21/16 at 9:31 am to
quote:

If it's 30K accross a large area it might not be horrific.
"A 'recession' is when your neighbor gets laid off. A 'depression' is when you get laid off."
Posted by The Egg
Houston, TX
Member since Dec 2004
79130 posts
Posted on 5/21/16 at 9:32 am to
quote:

kind of scary. never been through this. we will get severance if laid off but still. mine will be around 17 weeks.
it is scary. I got the axe the last week of feb (oil and gas casualty) and only got 2 weeks severance. the last few weeks or so have been some scary times, but I'm lucky that the wife makes decent money and we have gotten by nearly unscathed...nearly.

I started my new job this past monday in a different industry and couldn't be happier in the position that I'm in.

It gets better, put yourself out there, get in contact with recruiters and get yourself in front of open positions.
This post was edited on 5/21/16 at 9:33 am
Posted by Jjdoc
Cali
Member since Mar 2016
53463 posts
Posted on 5/21/16 at 9:42 am to
quote:

it is scary. I got the axe the last week of feb (oil and gas casualty) and only got 2 weeks severance. the last few weeks or so have been some scary times, but I'm lucky that the wife makes decent money and we have gotten by nearly unscathed...nearly.

I started my new job this past monday in a different industry and couldn't be happier in the position that I'm in.

It gets better, put yourself out there, get in contact with recruiters and get yourself in front of open positions.



Yeah./. I was talking about this with my son. IT's hard to prepare for things like that, but I think everybody should live like they are broke. Learn to cook at home. Learn that you don't have to eat excessively. Don't get in debt, put the money up. Just for a few years.

Then go pay cash for a home. Live as debt free as you can.
Posted by Shepherd88
Member since Dec 2013
4582 posts
Posted on 5/21/16 at 10:05 am to
HP?
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 5/21/16 at 10:07 am to
quote:

Been doing this 11 years and have no clue what's out there


Not trying to pile on but this is *exactly* why you should have been attending industry conferences, networking groups, etc. all this time. With 11 years' experience you should have extremely detailed and personal knowledge of what's in demand and be friends with specific people who have spots open or know someone who does.

You're always positioning for the next gig whether you really want another one or not.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72615 posts
Posted on 5/21/16 at 10:27 am to
quote:

Been doing this 11 years


be thankful. as a full time employee i never had a job over 27 months until my current job around 5 years. lots of layoffs, some quitting for a better job, some just short job durations when doing contract work under my S-corporation. Of course i had a 4 year job doing contract work but I wasn't an employee, i was working for myself. We are talking about full time employee work here, not contract.

11 years? that's remarkable and fantastic.

quote:

Haven't looked for a job since I was 23.


unbelievable. You are so lucky. you'll be ok.
This post was edited on 5/21/16 at 10:28 am
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27699 posts
Posted on 5/21/16 at 11:04 am to
Yes I've been very fortunate. Thanks for the prayers. Not asking for a violen to play

Yes Chris tucker performed it was on the schedule for months

They pushed back the layoffs to Monday. Some HR thing

The 30,000 is nationwide, however it's only in the sales department which is about 80,000 total, so 40% of workforce gone in 48 hours.

Yes it's hard to believe but I'm dead serious I've never looked for a job in 11 years. I've been promoted 4 times and love my job. I've never been below 100% of my quota and just won a huge award for 2015. Two ways to look at that- 1. I'm fine because I'm a top performer or 2. I'm a top performer and I know am paid above the average guy so I'm very expensive.

I guess that's my fault but I do have my resume ready and have been looking.

They are also giving the laid off people till July 1 to close their shite out which I think is comical but I'm not complaining. So the way I look at it is I'm getting possibly 22 weeks of severance.
This post was edited on 5/21/16 at 11:06 am
Posted by eye65
Member since Aug 2009
987 posts
Posted on 5/21/16 at 11:29 am to
Good luck to you...stay positive and take it as a new opportunity if necessary
This post was edited on 5/21/16 at 11:30 am
Posted by dwr353
Member since Oct 2007
2130 posts
Posted on 5/21/16 at 1:02 pm to
I am the opposite of you. Had a short-time job when I graduated from college. I worked for the state 20 years, retired, and worked for 20 years on my next job. Retired from it last Dec. Now my job is fishing and killing ducks.
first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram