Topics regarding layoffs at Sabre Holdings

Topics regarding layoffs at Sabre Holdings

Well, that was encouraging

With the considerable debt problem becoming worse, missed estimate, and plunging stock, I guess we can expect all kinds of bloodbath.

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| 1060 views | | 3 replies (last February 17, 2024)
Post ID: @OP+1r54j0Sm

4Q earnings is Feb 15

Earnings haha. They should rename it Losses for Sabre. If below expectation expect more layoffs.

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| 1740 views | | 5 replies (last February 9, 2024)
Post ID: @OP+1qSmWS51

End of WFA

APAC is forcing all staff back to office. Dictatorship. Mgt with no brains. They should downsize office space and save the money instead of laying off people. This company just does not value its people. Gonna resign now - enough of this c**p... — read more 

Don’t be surprised

To hear of an upcoming layoff. Earnings is in a few weeks and shareholders demand costs cuts when a company continues to lose money.

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| 1640 views | | 8 replies (last January 23, 2024)
Post ID: @OP+1qHXLejU

Insider Buying at Sabre Corporation

It's interesting to those still holding a Big BoC. Insider Buying at Sabre Corporation Last 12 Months The CEO bought shares at $5.34 per share, even when the price was higher than $4.20. Insiders own 0.8% of the company, which is a good level but... — read more 

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| 1170 views | | 3 replies (last February 19, 2024)
Post ID: @OP+1qHt5kUI

Layoffs in the next few weeks

Rumors are going around about even more layoffs in the next few weeks. Does anybody know if there's any credibility to these rumors or not? I'll be honest, I'm getting a bit tired of having to worry about layoffs all the time. These days, job... — read more 

KRK

Hi, does anyone know anything about the situation in KRK? Are there any information that the management team is supposed to be transferred to the USA, while only some of the development teams will remain in KRK?

They now know

With just 0 more business days before end of year Sabre now knows what their 4Q earnings and expenses were. If revenue growth is small and expenses do not reflect savings from prior cuts expect another round of US based layoffs. I am guessing a 5%... — read more 

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| 1850 views | | 1 reply (December 30, 2023)
Post ID: @OP+1qj0snAs

$100M in Savings Paying off???

What do you have to show for it, KE? You and your e-team needs some house cleaning. Oh, but wait we need to see the ROI on the vests…

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| 1730 views | | 7 replies (last December 27, 2023)
Post ID: @OP+1qh2hei5

“People Team vests for Everyone!”

The Chief People Officer just posted a LinkedIn.com post with a picture of a presentation slide which states, “A small token of my appreciation - People Team vests for Everyone!” How do we get one?

Bankruptcy in 2024

That is my prediction. $5 Billion in debt, revenues not even covering expenses, losing customers, business model just is not working. Oh but executives will be getting big bonuses.

Arrows in a direction

Today we learned Sabre is paying people who are deciding on the number and the direction of arrows for marketing. While laying off people who actually create and support technology. Now you know company priorities.

High cost locations

Run away if you are a high cost location resource. Doesn’t matter if you have unmatched experience and knowledge… you will be laid off because your CEO wants to keep money before he dumps Sabre.

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| 2070 views | | 5 replies (last January 2, 2024)
Post ID: @OP+1pwOz3Kw

Rotten sellout Leadership

KE: President and CEO- This guy is here on a short term assignment to make money for himself. He is using the easiest path to raise money for himself by firing resources. He lays off mostly US based resources and the next day positions open up in low... — read more 

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| 2210 views | | 5 replies (last January 18, 2024)
Post ID: @OP+1pwHsna7

Can't even make payroll?!?!

My first job in IT was in the payroll dept, setting up ACH. Don't believe that any major bank has this many problems with the ACH process nowadays. Sabre probably got it all kicked back for NSF!!!

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| 2090 views | | 6 replies (last November 22, 2023)
Post ID: @OP+1ppfljZE

More layoffs

more layoffs today....our entire team is gone. I have to say I am sick of this, and am glad to get paid for a few months. It just makes me sad that I put in so many hours of overtime (weekends and after-hours) for many years, only to be let go and... — read more 

Why are Sabre bookings not fully recovered?

Insiders, what's the missing piece in Sabre's bookings mix that is holding the company back from a full recovery? Is it US to APAC international flights (in particular US to China)? Is it something else? There seems to be no issue on the pricing... — read more 

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| 1500 views | | 3 replies (last October 25, 2023)
Post ID: @OP+1pfBctwk

PSS customers leaving

Another big PSS customer leaving VN, will Sabre be able to slow and turn around the exodus?

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| 1920 views | | 5 replies (last October 27, 2023)
Post ID: @OP+1pap7Inr

Ransomeware

Does Sabre just got hit with ransomeware attack? Why nobody is talking about it in public space? Was it noticed inside the company? I am out for couple of months now and just got to know about this attack.

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| 1620 views | | 9 replies (last October 16, 2023)
Post ID: @OP+1p4tMr0U

People who got laid off where are you now?

People who got laid off in May where are you now ? How hard was it to find a job ? How long did it take find a job ? And how is the pay compared to your sabre pay ? Higher or lower?

Medical insurance

What do people who have been laid off do regarding medical insurance? Knowing that more layoffs are likely, that's the thing I worry about the most right now. Especially now that I know that finding a new job might not be as easy as it was last year... — read more 

Sabre stock going to the toilet - again

Dropped from $30 to $3 last 8 years. It seemed it was going to correct itself when it climbed to almost $6 in Sept and now it’s barely holding $4. Down to $3 where you belong POS company! BK in 2024 or 2025 most likely. $5 billion in debt and barely... — read more 

Another round of layoffs going on now??

I saw a post of a person who was just let go from Sabre, despite having recently (July) received a raise. Is this a one-off situation or more people are getting their notice? Please share. This is very disheartening but I would rather know than be... — read more 

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| 2000 views | | 6 replies (last September 17, 2023)
Post ID: @OP+1oCr1gDp

Shift opinions?

What did you think of the shift announcement today? Does it mean more layoffs, less layoffs, nothing, something, genius, bs?

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| 3060 views | | 31 replies (last February 28, 2024)
Post ID: @OP+1oBRos2x

When will Google aquire sabre?

Only reason I'm sticking around this sinking ship. Pray every night that next morning I get the life changing news that Google acquires sabre and gets rid off all the bad management that got us here. Employees get a Google level salary with stock... — read more 

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| 2180 views | | 11 replies (last September 16, 2023)
Post ID: @OP+1oysyOP6

Almost 4 months later - still job hunting

It is a very competitive job market at this time with hundreds of applicants for every job opening. I have lowered my standard and still unable to land a job. It’s still very disappointing for Sabre to cut us off and leave us out in the cold like an... — read more 

Anybody heard about impacts to insurance, perks, etc?

Sabre pays out the wazoo for health insurance. Great benefit, but I don’t see how they can justify that anymore. Plus, the holiday shutdown…. Awesome, but how can a company trying to avoid bankruptcy do that??

Stock up 32%

which proves that we are going in the right direction and you might not have noticed that travel is recovering rapidly. Domestic now above 2019 levels. International and business travel also improving. Now, as far as unconcious bias is concerned, I... — read more 

It's all about the bottom line

Sabre and those who run it don't give a damn about anything other than the bottom line. If you think you matter, you're not very smart. They care whether and how much they get paid. They couldn't care less whether you get a raise or get laid off... — read more 

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