Thursday, November 19, 2009

Lay Off Season: Part Deux

My company announced today that they need to lower headcount by 2,500 people....out of 6,900 so that's more than a third. They are offering a voluntary package which is a good idea in my opinion because it gives people some level of control in making the decision themselves and it gets rid of the people who really don't want to be there. If enough people take it, then there won't be an involuntary lay off, but I doubt enough will so there will still be a sad day in the future.


Anonymous said...

I feel for you. I work for a company that took over a company who took over a company who took over another comapny... literally... it was like 15 years of takeovers and layoffs. My mother was working here during all those transitions and it seemed that every day someone was laid off that she worked with. Nowadays, they're STILL laying off almost daily. I'll send email to someone this week and next week someone else is handling it. We had the same deal going on here for a while too - people being offered packages. I'm sorry you're going through it. Makes for a stressful work environment.

Patrice said...

It's just amazing that when I started here 5 years ago there were 20,000 people and when this is done it will be about 4,500.

lnnajman said...

Wow, Patrice that's amazing. Hopefully you are unscathed.