Let's just say I hope you don't work for a large aerospace/defense company that makes fighter jets in the D/FW area.
Giving Layoff Notices
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Last: 1 mo ago by infinity ag
Tech for sure is laying off. Mortgage lending already had BIG layoffs.
Big Box retailers like Best Buy and Walmart announced layoffs. Subscription type business like Peloton and HBO Max. Ford and Tesla announced big layoffs. So, lots of companies are laying people off. I imagine a lot of those are not filling open positions and calling that a layoff.
Big Box retailers like Best Buy and Walmart announced layoffs. Subscription type business like Peloton and HBO Max. Ford and Tesla announced big layoffs. So, lots of companies are laying people off. I imagine a lot of those are not filling open positions and calling that a layoff.
you should know that what happens in japan doesn't necessarily work in the good ole us of a... ask the automotive companies
and mark my words... this next recession will end the pipe dream of a 4 day work week...
and mark my words... this next recession will end the pipe dream of a 4 day work week...
made me think of another quote... "there are two types of people in this world... those with loaded guns and those that dig." :-) this quote will mean a lot more in the near future as it applies to the workweek$30,000 Millionaire said:
There are also two types of thinkers in the world, fixed thinkers and growth thinkers.
i do remember some 'growth thinkers' in the early 2000's that tried so hard to convince me that ARM loans were the best thing ever and i would be an idiot to not do one... they were going to be the future of all mortgages... lol
you can still be a growth thinker but have the wisdom to know which paradigms really never shift
I think an ARM was a fantastic decision from 2007 to 2021.
You don’t trade for money, you trade for freedom.
Side bar, but I've got a good friend that's a peer in my industry. He bought a $2.5M home in Seattle on an interest only loan in 2012. I told him he was nuts. He told me he was right and to watch and learn. He knew real estate, I knew stocks.
Home skillet sold the house this year for 3X what he paid for it. He's on an interest only loan in Atlanta right now.
Home skillet sold the house this year for 3X what he paid for it. He's on an interest only loan in Atlanta right now.
You don’t trade for money, you trade for freedom.
i knew some that benefited just like home skillet...not from the arm necessarily, but from the rise in value of the house... timing of the sale pretty important too... but also know of many more stories that didn't work out as planned
Ag92NGranbury said:
you should know that what happens in japan doesn't necessarily work in the good ole us of a... ask the automotive companies
and mark my words... this next recession will end the pipe dream of a 4 day work week...
Like Toyota? The leading automotive manufacturer in the US by revenue in '21?
https://www.statista.com/statistics/264362/leading-car-brands-in-the-us-based-on-vehicle-sales/
But go ahead and continue ignoring the hard facts. You don't know what you're talking about
your original example was a US company using certain mgmt practices in japan that worked... US auto companies weren't able to duplicate the same manufacturing practices in america due to several reasons including the culture of the us vs japanese workforce.. it is a case study and the point that i was makingGhost of Bizbee said:Ag92NGranbury said:
you should know that what happens in japan doesn't necessarily work in the good ole us of a... ask the automotive companies
and mark my words... this next recession will end the pipe dream of a 4 day work week...
Like Toyota? The leading automotive manufacturer in the US by revenue in '21?
https://www.statista.com/statistics/264362/leading-car-brands-in-the-us-based-on-vehicle-sales/
But go ahead and continue ignoring the hard facts. You don't know what you're talking about
a good read about that culture: https://hbr.org/1981/07/why-japanese-factories-work
also, last i checked, toyota is still a company based in japan... if you want to know what the future of the american worker will look like... i'd look towards what is going on currently in china
but you maybe right that i don't know what i'm talking about... worked for small, medium and F500 companies in several industries... accurately predicted all of the recessions since 2000... and run a group of companies exceeding 100m in rev... go back to tik tock
Hope no one gets fired like I did one time. I was on a out of town training meeting and my boss called me and told me I was fired. Went back into the meeting picked up my stuff and headed to the airport. You could have heard a pin drop when I went in and told them. Everything worked out fine. Didn't like the t-sip anyway.
Let's see how the 4 day workweek trial in the UK works with more representation across industries.
You all asked to see studies with hard facts, I posted a study with hard facts done by the company with the highest market cap ever.
You're asserting Japan workers may be more driven than US workers, so they'll get their work done whether in a 4 day or 5 day workweek regardless.
I'm asserting Japan workers, culturally and generally, associate their self value with their work/appearance of work more than most other countries/cultures, so to implement a 4 day workweek test there would be hard to get buy in on but they were still able to and productivity boosted by 40% over their 5 day workweek norm.
Perhaps manufacturing will never be able to go to a 4 day workweek, but office workers can and that's where we're headed.
Good on you for managing organizations with multimillion dollar revenue streams. I have my own share of corporate experiences across industries, have turned million dollar products into billion dollar products, and studied at a top bschool.
Yet I still acknowledge I don't know everything so I turn to facts.
You're still disregarding facts and others' experiences. Your way isn't the only way.
You all asked to see studies with hard facts, I posted a study with hard facts done by the company with the highest market cap ever.
You're asserting Japan workers may be more driven than US workers, so they'll get their work done whether in a 4 day or 5 day workweek regardless.
I'm asserting Japan workers, culturally and generally, associate their self value with their work/appearance of work more than most other countries/cultures, so to implement a 4 day workweek test there would be hard to get buy in on but they were still able to and productivity boosted by 40% over their 5 day workweek norm.
Perhaps manufacturing will never be able to go to a 4 day workweek, but office workers can and that's where we're headed.
Good on you for managing organizations with multimillion dollar revenue streams. I have my own share of corporate experiences across industries, have turned million dollar products into billion dollar products, and studied at a top bschool.
Yet I still acknowledge I don't know everything so I turn to facts.
You're still disregarding facts and others' experiences. Your way isn't the only way.
we'll agree to disagree... time will tell and i'll keep this post bookmarked...
my advice to others that i know that are WFH, as the market softens is to get your butt back in the office, be visible and keep those blinders on...
one more piece of advice... at 7.5 posts a day... just remember that marketing goes first :-)
my advice to others that i know that are WFH, as the market softens is to get your butt back in the office, be visible and keep those blinders on...
one more piece of advice... at 7.5 posts a day... just remember that marketing goes first :-)
Another backhanded, toolbag, smug ****post.
Grow up man
Not in my industry, they don't.
When I get my pink slip, I'll come here to personally thank you for it
Grow up man
Not in my industry, they don't.
When I get my pink slip, I'll come here to personally thank you for it
Bob Knights Paper Hands
Joined:
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How long do you want to ignore this user?
Can you record these for your own protection if no HR or other witness will be in the call with you?
Yeah I plan on doing that on a separate device for most of the folks. Some of the people live in states which require all party consent which would be illegal & wouldn't hold up in court. But most of the people I'll be talking to, and myself, live in one party consent states.Bob Knights Liver said:
Can you record these for your own protection if no HR or other witness will be in the call with you?
do it like they do in "Hard Knocks"
ask them to bring the playbook, shake their hand, tell them you may rehire them if they clear waivers.
ask them to bring the playbook, shake their hand, tell them you may rehire them if they clear waivers.
$30,000 Millionaire said:
Oracle is a dog poop company.
I know. I worked for them a few months via acquisition. I got out fast.
Saying a little prayer for the OP and those affected this week.
Management is a contact sport, but you don't have to go it alone. If you need someone to talk it out - username @ gmail
Management is a contact sport, but you don't have to go it alone. If you need someone to talk it out - username @ gmail
I used to work for Lockheed Martin Corp in Bethesda and then in Newtown, PA for 7 yearswbt5845 said:
Let's just say I hope you don't work for a large aerospace/defense company that makes fighter jets in the D/FW area.
All I can say about Oracle is that they bought Cerner, who's EHR for the VA is not doing well.
And to make this on subject, I was laid off from the USN in Sep 1992. I think it was put out via message from the CNO, but I really don't remember.
And to make this on subject, I was laid off from the USN in Sep 1992. I think it was put out via message from the CNO, but I really don't remember.
Thank you very much for that Ben. That means a lot and I greatly appreciate it.BenTheGoodAg said:
Saying a little prayer for the OP and those affected this week.
Management is a contact sport, but you don't have to go it alone. If you need someone to talk it out - username @ gmail
The notifications are over with. They were rough, emotional days to say the least.
I've recommended and sent some of my former folks' resumes to recruiters who have reached out. Hopefully they will find something soon.
Now the next fun part, trying to motivate the relatively few folks who are left to excel in a role which we are significantly understaffed for.
Lastly, the LinkedIn feed is pretty much filled solid #opentowork postings every time I open it. Urghh....
Glad to hear you made it through. On a scale of 1-3 with 10 bring the highest how motivated is the office now
Glad they did not cancel your ticket.TexasAggie73 said:
Hope no one gets fired like I did one time. I was on a out of town training meeting and my boss called me and told me I was fired. Went back into the meeting picked up my stuff and headed to the airport. You could have heard a pin drop when I went in and told them. Everything worked out fine. Didn't like the t-sip anyway.
Good luck man.
This book was a good read when I had guilt about letting some people go last year.
This book was a good read when I had guilt about letting some people go last year.
My SIL has been with them in Fort Worth for 11 years and isn't worried. He's a engineer in Skunk division so that may be a factor.LMCane said:I used to work for Lockheed Martin Corp in Bethesda and then in Newtown, PA for 7 yearswbt5845 said:
Let's just say I hope you don't work for a large aerospace/defense company that makes fighter jets in the D/FW area.
also keep in mind you're responding to a poster who 100% didn't actually work at LMTexasAggie73 said:My SIL has been with them in Fort Worth for 11 years and isn't worried. He's a engineer in Skunk division so that may be a factor.LMCane said:I used to work for Lockheed Martin Corp in Bethesda and then in Newtown, PA for 7 yearswbt5845 said:
Let's just say I hope you don't work for a large aerospace/defense company that makes fighter jets in the D/FW area.
What's the story here? Does he just make stuff up?
double aught said:
What's the story here? Does he just make stuff up?
Long story short, yes
He's also the hardest working man in oil.
Is he the Barnes guy from years ago?
double aught said:
Is he the Barnes guy from years ago?
Basically, yes. He pops up on various threads all over touting multiple lifetimes of experience across different industries and businesses.
Whether you delivered the news or not, if you know someone who's been recently laid off, reach out to them and let them know how sorry you are for them, compliment them, and wish them the best. Many feel very alone at this point.
Have had to do this multiple times, including a month ago
Our script is usually:
1) very high level context of what is happening company-wise (ie the company is operating in a challenging and fast-changing environment, and related to that, the company is making some moves to transform). Basically bull**** jargon but necessary to make it clear it's a company restructuring/strategic move, not personal
2) inform their role is being eliminated
3) timing - done now or a future date
3) express that this was not about their performance. Thank them for what they did. Here's a chance to sincerely thank them and try to build them up, but breifly
5) be empathetic but do not apologize. (It's unfortunate that this will impact you this way). Again, bull**** but you can't applogize
6) briefly cover terms of the severance at a super high level, but this is mostly left for them to review the package sent to them
7) offer chance for questions but know you can't get into how others are impacted. Let them know who can help with questions they may have later
8) if not fired that day, at least give them the rest of the day off to process
Our script is usually:
1) very high level context of what is happening company-wise (ie the company is operating in a challenging and fast-changing environment, and related to that, the company is making some moves to transform). Basically bull**** jargon but necessary to make it clear it's a company restructuring/strategic move, not personal
2) inform their role is being eliminated
3) timing - done now or a future date
3) express that this was not about their performance. Thank them for what they did. Here's a chance to sincerely thank them and try to build them up, but breifly
5) be empathetic but do not apologize. (It's unfortunate that this will impact you this way). Again, bull**** but you can't applogize
6) briefly cover terms of the severance at a super high level, but this is mostly left for them to review the package sent to them
7) offer chance for questions but know you can't get into how others are impacted. Let them know who can help with questions they may have later
8) if not fired that day, at least give them the rest of the day off to process
He doesn't deny it which I find funny. But whatever. He's not harming me.
You don’t trade for money, you trade for freedom.
This was a fascinating thread. Thanks for all the input everyone. I am finally in a non-blue collar job and honestly this is a new world for me and good to gain insight.
I can speak to the loyalty thing though. I am glad I got the loyalty lesson early on in my life. Having a "company man" father who worked O&G his entire life was very eye opening. And then my own experiences as a gubment contractor. I love and appreciate my company now and bust my ass for them, but I don't think I can ever let myself think past what work truly is. Time and service in return for payment and growth. It is business, first and foremost. And having been through double digit near death experiences at this point….my interests for me and mine will always come first now. I truly think that is a respectable and reasonable approach to life.
I can speak to the loyalty thing though. I am glad I got the loyalty lesson early on in my life. Having a "company man" father who worked O&G his entire life was very eye opening. And then my own experiences as a gubment contractor. I love and appreciate my company now and bust my ass for them, but I don't think I can ever let myself think past what work truly is. Time and service in return for payment and growth. It is business, first and foremost. And having been through double digit near death experiences at this point….my interests for me and mine will always come first now. I truly think that is a respectable and reasonable approach to life.
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