#redundancy

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No redemption for Transunion. Bye Full time employees. Welcome contract for hires.

Saw a very talented guy being laid off for cost-cutting and redundancy.

Funny part, Many of his ideas improved TU's core products and saved a ton of money for the company. I as one of his previous manager was more devastated than he was. He was moved from my project to Onetru forcibly for his talent, now laid off because of onetru/onedev's management failure.

Neustar management is firing loyal, talented full time employees in favor of contract for hires which I bet they have an under the desk deal to line their pockets.


The UNIFI development team was made redundant on Monday

Decades of experience tossed aside. They could have been redeployed but Waters has decided that when a product is no longer wanted by the business then neither are the people involved.

Limited support will transfer to Brasov who will only be making sure UNIFI can continue to function in waters_connect, even though the backbone of waters_connect is UNIFI.


Layoffs

Hey everyone, just wondering if anyone’s heard anything about potential redundancies or layoffs at PayPal in the new year? There’s been a bit of chatter lately, but nothing concrete, so I’m curious if anyone’s picked up on any rumours or has a general sense of what might be coming down the line.


2015 & 2025: A Company That Has Learned Nothing

Look back at the layoffs from 2015. The excuses are the same. Too many layers, too much inefficiency, too much redundancy, too slow with technology, costs out of control, and a business model in perpetual catch-up mode.

The only thing certain about this company is its ability to keep spinning and spinning without actually solving anything. This was a broken company then, and it’s broken now.


CTV CTB GSP

Is anyone hearing insights on “flattening” the redundant CTB CTV and GSP roles in particular WH (western hemisphere). Seems like other areas are flattening and going back to pre-merch like transformations. Others have said that Bills pyramid will not be touched but that doesn’t seem plausible


Renault targets 3,000 job cuts amid cost-saving measures

Renault is set to propose voluntary redundancies for around 3,000 employees in support functions, in a move to streamline operations, as reported by Reuters, citing L'Informe, a French newsletter.

In collaboration with its alliance partners Nissan and Mitsubishi Motors, Renault Group recently announced that it is entering a new phase focused on the development of electric vehicles and the pursuit of industrial synergies within Europe.

https://finance.yahoo.com/news/renault-targets-3-000-job-111249134.html


Layoffs

P24 seems like a golden age now that Project Mongoose is in effect. Instead of (for most countries) voluntary redundancy, your name and role are on a list. Works council stated this will be an annual thing. So much for the feeling of community at SAP. Also when did the T4 level become poison? Speaking informally with HR T4 positions are not really sought after. T1, T2 highly sought. It's brutal out here now.


F5 Cut Talent to Protect and Cover Overpaid Executive Salaries

Employees were told the layoffs were about redundancy and not being strategic enough. Sure, some low performers were cut. Plenty of solid, capable people were let go in HR, Marketing, and Sales all over the world. Meanwhile, the company SPENT A LOT on acquisitions and EXECUTIVE LEADERS WHO HAVEN'T DELIVERED. The people who actually kept things running were the ones who got cut. This isn't strategy, it's protecting LEADERSHIP and their image.


Snouts in the trough

ANZA has deleted many working staff via redundancy due to the excuse that there is no work forecast.

Will any of the leadership team or line managers be removed ?
If there is no work, why are account managers and sales executives needed ?

Should ANZA stop sending executives to junkets such as Mobile World Congress and Telecommunications Industry Excellence Awards ?


Redundancy meeting yesterday in Aberdeen

I got summed to my managers office yesterday, no warning nothing , HR walks in sits down and here we go again., 3 months notice from today after 8 years of service, the worst package that they could possibly offer , total joke of a company, Potentially 15% going next 6 months they said with more next year. Get out while you can.