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- Why would their be layoffs? Companies are killing it. Unless your division was shut down or made redundant I guess?
- Intel (⌐■_■)Intel's last big one called ACT, "Accelerating Change and Transformation," of 13k people happened in 2016. Since then, to avoid bad press and WARN disclosures, HR and management learned it is better to stealthily let go of groups piecemeal and via "site consolidation" which they have done and continue to do. Still, awaiting the new CEO who will have carte blanche to enact another big layoff.
Any thoughts from Cisco, another eternal layoff company?
- There are rumors in my org, but that's it. We are closing two offices and combining them in a new location next year. That is probably driving the rumors.
My commute time is increasing 6x after the move. Maybe enough people will quit to avoid the need for layoffs.
- We manage people out just fine in good economies and no one calls it a layoff. Layoffs imply that we remove whole swaths of our staff out of a need to cut spending. It also implies we decide to do it to whole groups of people rather than individual decisions.
Seems rather unlikely. We will probably manage people out and kill projects that aren’t succeeding at the same rate we always do. (And when we kill projects we have a pretty good track record of keeping our hands on anyone good who was working on them and making sure they find a team elsewhere.)
People tend to be more sticky during recessions, so I can imagine the managing out requiring a little more force than it takes a nice economy where you can more easily suggest that someone shouldn’t expect much from their reviews in the future and maybe everyone would have a better time if they just took a job elsewhere. “I hear <insert company here> has some really generous offers lately!” works less well when the economy stops having as many generous offers.
- IKEA is a mess right now, stay away and let me know if you are hiring in supply chain !