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Layoffs at Omnicom shops today?
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Are there any ARD Facilitators in this group?
Johnson & Johnson Is there any news on pharma giant layoffs and freeze-hiring? AbbVie Biogen Bristol Myers Squibb Eli Lilly and Company Gilead Sciences Johnson & Johnson Intellia Therapeutics, Inc Pfizer Novo Nordisk Merck Roche Regeneron Merck Teva Pharmaceuticals
Hello guys, I have below offers:
T-system : 27 LPA fixed ( 2 days a week WFO mandatory from DOJ)
Tech Mahindra : 26 LPA ( including 10% variable ) + 1lakh JB ( WFH for now)
Which one is good for better opportunity and WLB.
SAP ABAP on Hana .YOE: 7 yrs
T-Systems ICT India Pvt. Ltd. Tech Mahindra
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does anyone here work for Veeva Crossix?
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Yes
Yes
I wouldn’t call targeted firing of low performers a layoff (which is typically more broad and not necessarily an indicator of performance). But yes…
Are the layoffs across the board or focused on certain teams?
The transparency is - one year of below average performance. I think it’s fair to let people go if that happens. Also the number is not astoundingly high for people being counselled out.
There aren’t layoffs. We’ve simply moved back to pre-COVID levels of counseling out low performers. We couldn’t afford to let anyone go during COVID due to the insane demand we had - we just needed bodies. Now, demand has returned to pre-COVID levels and we have the room to counsel out people who haven’t been performing well.
Lol, what a roundabout way to say that
Just getting rid of low performers. Which we have always done. Folks are just getting paranoid and calling it layoffs.
But we do have hiring freeze unless it’s very specialized roles. Just managing outlook and headcount. Won’t likely open till mid to end of next year.
Oh ZS lol
2-3-% haircut via COs is nothing
My ego would be shattered, but in the grand scheme kind of would love to be CO'd with a severance and look for something else right about now ...
When do you think hiring will resume, especially in the junior ranks?
We are hiring many from universities, especially in India. Others depends on track and utilization numbers, but there are roles we are bringing in.