Any news on SMS layoffs?
15 replies (most recent on top)
No need to speculate about Sam or about anything other than pure greed. It is the end of the third quarter which is typically when execs are issued their contractual structured compensations. But they are still required to hit specific targets to get those payouts. Layoff happens and stock prices will tick upwards for a short time. That’s the reason. Don’t get lost in behavior or attitudes or drama. It’s always about money.
@11m I had 20 points left, not enough to buy anything. So I got a pack of socks to exhaust all points. I just received a job offer from another company. I haven’t written two-week notice yet. I wish my name is on the list.
Just spent my 20 yr anniversary Rise award points that I have been sitting on for months, just in case.
@qp It’s hopeless when leaders are a bunch of id--ts.
Doesn't matter if you are a great worker. If you are remote, be prepared.
I hope the selected to be RIF’d are the high paid leaders that turned this company into a dumpster fire! I have lost hope that this company will get better . Shameless bunch of hypocrites.
How have a layoff when people are leaving and there is no retention as it is?
Unless it's mostly remote cuts
Seems like mostly remote jobs cut. SM vision of no remote workers.
8/31
9/2 is correct. We will not know numbers until it happens. Good luck.
@ha yes
Any idea if remote jobs are going to be gutted first?
9/2
Rumor is early September
Soon