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Avoided a massive round of layoffs today

Posted on 2/15/23 at 5:52 pm
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27880 posts
Posted on 2/15/23 at 5:52 pm
First time going through that. Company had a meeting today and said if you didn’t receive a calendar invitation within an hour, you weren’t part of the layoffs.

Glad how it ended, but it’s a reminder of how expendable employers view their employees. Don’t get me wrong, I know there is a bottom line and that’s how the business continues to grow, but man what a wake up call that company loyalty isn’t a two way street.
Posted by tigerbandpiccolo
Member since Oct 2005
49436 posts
Posted on 2/15/23 at 5:53 pm to
My company did them last month. I didn’t get laid off but I got three times the territory for the same pay…

Husband got laid off today. It’s happening everywhere.
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7359 posts
Posted on 2/15/23 at 5:53 pm to
What industry?
Posted by AlonsoWDC
Memphis, where it ain't Ten-a-Key
Member since Aug 2014
9261 posts
Posted on 2/15/23 at 5:55 pm to
Capitalism baby.
Posted by Costanza
Member since May 2011
3263 posts
Posted on 2/15/23 at 5:56 pm to
You deserve an Abita
Posted by OldmanBeasley
Charlotte
Member since Jun 2014
10899 posts
Posted on 2/15/23 at 5:56 pm to
You can always come work for Oldmanbeasley.
Posted by Fusaichi Pegasus
Meh He Co
Member since Oct 2010
14684 posts
Posted on 2/15/23 at 5:56 pm to
quote:

if you didn’t receive a calendar invitation within an hour, you weren’t part of the layoffs.

so impersonal
Posted by tigerbandpiccolo
Member since Oct 2005
49436 posts
Posted on 2/15/23 at 5:59 pm to
It’s happened to me before. Laid off an entire division that was doing well. Decided to divest the products and sell to other investors. From my experience, these things usually happen on Thursday mornings. And calendar invites to certain people with HR invited—titled “organizational update” or “project future”. One thing I’ve learned is no matter how valuable, how well you’re doing, how we are a “work family”…. You’re just a number and they’ll happily chop your head off without blinking an eye.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
52953 posts
Posted on 2/15/23 at 6:00 pm to
Survived them in 2008-2009 in the financial industry. Wasn't fun
Posted by VictoryHill
Watson, LA
Member since Nov 2013
3252 posts
Posted on 2/15/23 at 6:01 pm to
This is why I keep my resume updated and my LinkedIn contacts in the loop. I'm always looking for a better job with more pay and benefits so I don't have any loyalty to them either although it is a pretty sweet gig for now. Never can get too comfortable though.
Posted by Fusaichi Pegasus
Meh He Co
Member since Oct 2010
14684 posts
Posted on 2/15/23 at 6:02 pm to
quote:

You’re just a number

this is true

best lesson to learn as an employee

is OG sector the strongest?
Posted by Gaston
Dirty Coast
Member since Aug 2008
41694 posts
Posted on 2/15/23 at 6:03 pm to
quote:

Husband got laid off today.


Sorry to hear that for him. Tough for sure.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11457 posts
Posted on 2/15/23 at 6:05 pm to
quote:

Capitalism baby.


Capitalism is responsible for the largest middle class in history. The richest in poverty class in history. The smallest % of people in poverty in history. The largest wealth generation in history.

There is no better alternative to capitalism, nor will there ever be.
Posted by tigerbandpiccolo
Member since Oct 2005
49436 posts
Posted on 2/15/23 at 6:05 pm to
Same. First time for him. One month severance which is ghetto for this company. Laid off/cut 30 total positions out of nowhere today.

Luckily he was seeing the instability in management the last few months and has been interviewing, so hopefully he will have something in the next month.

Still stings for anyone when it happens.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138127 posts
Posted on 2/15/23 at 6:05 pm to
quote:

Glad how it ended, but it’s a reminder of how expendable employers view their employees


You're an attorney. You know exactly how billable you have been over the last several months to a year.

Few professions know their exact value to their employer as an attorney does to a law firm.
Posted by ob1pimpbobi
College Station
Member since Jul 2022
2923 posts
Posted on 2/15/23 at 6:06 pm to
But the unemployment rate is at record lows, how can this be?
Posted by Jack Daniel
Gold member
Member since Feb 2013
28521 posts
Posted on 2/15/23 at 6:06 pm to
You covering plank to Mohican st now?
Posted by el Gaucho
He/They
Member since Dec 2010
58441 posts
Posted on 2/15/23 at 6:07 pm to
I blame millenials for the lack of company loyalty these days. If y’all would stay on for 40 years like boomers y’all would be family but instead y’all jump from job to job every couple years so how can y’all blame the company?
Posted by PUB
New Orleans
Member since Sep 2017
20628 posts
Posted on 2/15/23 at 6:07 pm to
ALL over the country including employees loyal for over a decade and at mid to upper management too.
Posted by choupiquesushi
yaton rouge
Member since Jun 2006
33661 posts
Posted on 2/15/23 at 6:07 pm to
Loyalty has gone the way of common sense.
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