#downsizing

I’ve been through plenty of layoffs, but this one is on another level. It’s straight butchery, cuts made on cost alone, no regard for people or loyalty. The way it’s been handled is cold, inconsiderate, and completely silent from the top. Worst part is, it’s clearly not done yet. I feel especially for the veterans who were discarded like broken equipment. This company has reached a whole new low.

Not sure what the plan is. Maybe it's being dressed up to be sold, because the going concern ability of this place is being destroyed

Does anyone have the date when the office closure will be announced and when it is expected to actually close?

Demoralized by your peers feeling forced into accepting VSPs? Shocked by the ISPs? Me, too.

Now the additional layer as been revealed - the quiet demotions. Make no mistake, this is quiet firing. They want to make people miserable so they leave on their own accord and they don't have to pay severance. It also helps with their PR so they don't have to make it look like they laid more people off. This way, they can bring in younger, cheaper talent (and offshore and outsource more and more) and stay out of the headlines. This is "Consultant 101."

It's not just BCG, though. In case you hadn't noticed, they hired a bunch of partners from McKinsey & Company to run the show - David Chubak, Ryan Littlemore, Hasan Malik - all from McKinsey. I'm sure there's more I'm missing.

Then you have Nancy Killefer, Luis Ubinas, Byron Auguste - all on the Advisory Board and from McKinsey.

Don't know who McKinsey and Company is? Go look them up. They're the sc-m that both helped big pharma market opi--ds while simultaneously advising the government on how to combat the opi--d epidemic - using the same team of people. They are predators. They have no conscience. This is who is running the firm now.

I am so disappointed in the partner group as a whole. They should never have allowed this to happen. I hope they are ashamed.

Van Nuys Office worker reduction happening or is it just a rumor? Commutable employees were relocated at the end of July and now all the other employees are sitting waiting to hear what happens next and be able to move on with their lives. Anyone have news on when this might happen?

If you’re not very actively looking you’re being a fool. They are going to find every conceivable way to push you out. Questioning your scope, doubting the need for headcount, pretending to not understand functions that have existed for years and are crucial - all to hit a stock price. Opps exists solely to destroy as many lives as possible. HR is just legal cover so they can pretend there’s a “peocess.” There will be devastating layoffs in September, followed by nonsense where they choose 15% people they don’t think are cool enough (because IBM is basically a mean girl club in a jr high school) to not get bonuses hoping for attrition,, followed by more debanding - hoping for attrition, followed by a five day workweek hoping for attrition, followed by another round of devastating layoffs - which probably just barely gets us to next summer. “Operations people” at IBM are subhuman filth who only care about hurting as many of you as possible. Protect yourself. Protect your children. Get out. That has to be your full time job. Just get out.

HyVee new corporate mission statement is called Trimming The Fat. Jeremy G is cutting any program that is not turning a profit. Jeremy is going to get lean in the next 5 years. They are talking about closing 50 stores that haven’t made profit in 30 years. They are looking at cutting labor. Looking at cutting wages for director and mangers. The next five years will either bring HyVee back from Randy E failures or HyVee will file for bankruptcy. Time will tell.

I saw couple of posts on September 2.

Nothing happens to them. Terrible results? Raise our compensation! ELT needs a whole new takeover but alas, that will never happen

ELT - congrats on making money hand over fist while downsizing the company only to get worse results!

UPS is continuing a nationwide downsizing effort by consolidating parcel distribution facilities, eliminating shifts, and closing underutilized sites to cut excess capacity and improve productivity. The latest actions include laying off 62 workers in Dallas, Texas, where a day shift is being eliminated, and shutting a facility in Wilmington, North Carolina, on September 23, with most employees expected to transfer to another location. Additionally, UPS closed a parcel center in Pocahontas, Arkansas, on August 8, though job impacts there were not disclosed.

These changes are part of a broader network reconfiguration aimed at eliminating 200 sortation centers over five years and increasing automation.

The restructuring follows other recent closures and layoffs, including 99 job cuts in Charlotte, North Carolina, in May and a temporary shutdown of a New Orleans facility in July that affected 177 workers. UPS leadership has acknowledged stagnant package volumes for nearly two years and is intentionally reducing low-margin business, including phasing out half of its work with Amazon. Overall, the company expects to operate with 20,000 fewer workers and is also offering voluntary separation packages to drivers, though uptake has been slow.

https://www.freightwaves.com/news/ups-closing-operations-in-texas-north-carolina-as-downsizing-spreads