More layoffs?
 

Last year the company I work for laid off 600 people. 300 were where I work in corporate. Then they did a smaller layoff of about 250 people nationwide. In the beginning of this year they did a "restructuring" of some of the departments and terminated about 50 people and about 2 months ago they did another restructing and terminated only 20 people. They anounced yesterday that they are doing another layoff. Not as big as the first they said. You will know in 30 days if you are one of the ones affected. With so few people left, I am starting to get nervous. Is anyone else experiencing this where you work?

Geez, who many people are left?

If you read Fucked Company you will see that the same thing is going on all over the world.

Time to start passing out the resume!

I dont have a job, so I dont' have to worry about this :)

Keeps happening everywhere. In my area Boeing has layed off 30k people in just over a year. :shake:
relize that the stock market is in the biggest decline since 1937!
Pay off your bills, save your money, and sharpen up your resume. if you're lucky you may not need it :)

Yah I'm one of the not so lucky people that got laid off. What sux's is they were able to screw me out of my severance (only get 2 wks after three years of work).

THey gave me three months notice with an open date of termination so now they don't have to pay me diddly... "We think it's around this or this time... we'll let you know" It's been two and a half months now and I still don't know. I hope they haven't expected me to work... hehe call me super-slacker.

They've had to lay of 15000 people world wide, and there expecting more cuts. Guess that's what happens when you get "merged" into a new company.

What really sucks is these merger are just trophy/power trips for the boards and senior management, if you look at the performance of merged companies it's almost always worse for at least 5-10 years, in spite of all the cost cutting measures (you know cutting the people that actually do the work, etc) if the would just trim a few VP's and stock options, you guys could all still have jobs, maybe even produce some profit :/

sigh

past has been a junkyard, present is a waste land, future doesnt look too good either...

just my pesimestic side speaking

Evil, truer words have never been spoken...

Looks like I jumped off the right ship about a year ago. My old company just annouced 2000 workers are getting the ax.

Okay, I can make my job even better. They did "standardization" of all the job titles and their salaries. I am 5k below the minimum level for my position, but they will not increase my salary. I was told "If you threaten to quit, maybe I can get you there" Un FN believable! I just need to hold off another few months and I will leave on my own.