#layoffrumor

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More management "departures" to be expected in the new year...

There is a "rumor" that more of the upper management will be "departing" in the new year around February time frame. Cant say much else without compromising the source of the information but what I can say is that things are much worse then what is being shown. KKR has been aware of this and will now be more "involved" in the nearing future. Personally, I think the next 6-12 months will be turbulent but necessary but feel like many people are going to be effected.


Looking for some info on layoffs

I am only a few months into my time here, and it is already sinking in that layoffs might be part of the landscape here, which has me more on edge than I expected to be so early into a new role. I am trying to get a sense of whether this is something people constantly brace for or if it is one of those things that happens in waves and then quiets down for a long stretch. I would like to know whether I should settle in and feel secure or keep my guard up because of the way things have been going lately.


Everyone should start looking for a job right now

Srini made it clear that a massive layoff is coming in Q1. There is no respect for any of us. I’d be willing to bet that the layoff will happen before the end of February to avoid a bonus or stock payout.

Update your resumes start looking now and go out on your terms, not theirs.

None of those senior leaders are sitting up on that stage give a flying F about any of us.

Q1 layoff means that some of you will be training the interns that will be your replacement replacements.