Is Nielsen going to do a round of layoffs after after the acquisition? #layoffs #severance
I am not surprised if the company cuts 50% of workforce
The company underwent cuts 5-6 years ago when they offshored a bunch of jobs to India
And they’ve been paying for it since
I heard there is a hiring freeze for a most positions with the exception of any role in Japan. Gracenote is still robust and all innovation /growth resources seem to be directed to that pillar of the company. I have not heard of layoffs but the new comp plan for field sales is about a 10% haircut and a decimation of work life balance - so in some ways a straight layoff with severance is preferable.
Gracenote’s R&D division was decimated a couple years back, don’t know where innovation is coming from
Have the managers heard anything?
It is confirmed that the chief commercial officer is leaving. Appears that there are some very high level shake ups for the moment owing to accreditation issue that were not solved. Since a very important product launch is scheduled ‘23 I doubt there will be any layoffs until after that is completed successfully.
Some top executives are leaving or getting fired. The headcount in the data science team in general is pretty tight so I don’t see a layoff coming for data science
I think January early February will be when cuts are announced. Pure speculation but its hard not to see them coming. New owners will want to maximise the value for their eventual resale
Large org change was supposed to be announced this week. Still waiting for it
Uh it was announced lol
It was??
I don’t think there will be layoffs . A lot of people left over the summer after the acquisition and it has slowed progress on alot due to knowledge loss . Nielsen is running lean as is
Hard to believe that boomer company is still alive
Gotta convince the other dinosaur’s that don’t understand they can get all metrics themselves thru telemetry that they should pay out the ass for numbers that are hilariously wrong.