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“The layoff date is January 23rd. Approx. 16,000 employees worldwide will be affected. The majority from the US. I heard this from a 2nd line mgr. Confidentiality agreements were signed in the upper ranks to keep this hush, hush, but nothing this big stays out of the light for long. Good luck everyone.”
As making more than (IIRC) 60 people redundant requires that you fill in a form and send it to the Department of Unemployment, no deals within the company are going to keep it a secret.
Hmm. The law does say (in the UK) that you cannot start thinking about redundancies untill you have announced it and at over 200 (afaik) then you have to notify the home secretary.
Ok... I am notifying him now, that there will be another 1 million redundancies before the end of the year. That should help him !!
“The layoff date is January 23rd. Approx. 16,000 employees worldwide will be affected. The majority from the US. I heard this from a 2nd line mgr. Confidentiality agreements were signed in the upper ranks to keep this hush, hush, but nothing this big stays out of the light for long. Good luck everyone.”
Hmm. The law does say (in the UK) that you cannot start thinking about redundancies untill you have announced it and at over 200 (afaik) then you have to notify the home secretary.
It always seems a sign of madness, when a consultancy lays off their consultants (who are on clients sites). Why get rid of a source of income. Yet I've seen it happen.
Because the people doing the cutting don't have oversight of the individuals involved and their value to the organization. Their remit is to simply reduc e headcount.
I came up through the IBM Graduate program and not only are they assimilators of inferior non-blues via outsource takeovers, but they have numerous tranches of ineffectual and redundant middle management.
Hmm... Nevertheless, I do hope they don't get rid of the guys working with me, that would be an unmitigated disaster for the project and a great shame as they're excellent contractors.
It always seems a sign of madness, when a consultancy lays off their consultants (who are on clients sites). Why get rid of a source of income. Yet I've seen it happen.
Thats where I was until the end of last year and all contractors were told no renewals. They now have a real problem because practically all testing and 3rd line support has now gone along with a fair bit of development in that area.
I was told last year that my contract wouldnt be renewed - they were under instructions to cut contractor numbers to zero in my area. Just a few weeks to go now.
It will be interesting to see if anyone is affected by January 23rd, where I am based.
“The layoff date is January 23rd. Approx. 16,000 employees worldwide will be affected. The majority from the US. I heard this from a 2nd line mgr. Confidentiality agreements were signed in the upper ranks to keep this hush, hush, but nothing this big stays out of the light for long. Good luck everyone.”
The reason why IBM has so many f***wits is because IBM bought up loads of service contracts and took on the existing staff. The newly required staff were not properly trained to IBM standards and has diminished IBM’s reputation.
The reason why IBM has so many f***wits is because IBM bought up loads of service contracts and took on the existing staff. The newly required staff were not properly trained to IBM standards and has diminished IBM’s reputation.
EDIT: mind you there are so many f'wits (I work with 'em) it probably won't be a great loss
The reason why IBM has so many f***wits is because IBM bought up loads of service contracts and took on the existing staff. The newly required staff were not properly trained to IBM standards and has diminished IBM’s reputation.
Hmm... Nevertheless, I do hope they don't get rid of the guys working with me, that would be an unmitigated disaster for the project and a great shame as they're excellent contractors.
“The layoff date is January 23rd. Approx. 16,000 employees worldwide will be affected. The majority from the US. I heard this from a 2nd line mgr. Confidentiality agreements were signed in the upper ranks to keep this hush, hush, but nothing this big stays out of the light for long. Good luck everyone.”
I knew I should have hung on for another year and waited for a payoff
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