What would a company’s rationale be for announcing layoffs just before the holiday??

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I don’t agree with it, but if you remove the holiday from the equation, the rationale likely becomes apparent

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Yeah it’s either the end of the quarter or the end of the FY, it’s that simple. It’s a jerk move, but from an accounting perspective it makes sense.

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This just sums up that you could be a technical genius and still lack empathy and common sense of dealing with humans and their basic problems

Investors don’t care about these so these companies never had reason to improve

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Hopefully this triggers an internal implosion that impacts the investors in a negative way

Maximize Bonus Pool

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Goddamnit. I hate corporate America.

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Taking longer costs more to the bottom line

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Had a client that argued early December was more humane than waiting until January after their folks had rung up big holiday bills. Had a point.

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No, more like they just wouldn’t spend

Money. Not for the firm, but for the 2-5 people who make the decisions for the thousands that work there

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Deloitte recommends it

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They enjoy reminding the world just how despicable and desperate they are

Did this happen somewhere?

Just looked it up. Yikes what a low blow.

Bonus based on run-rate (not in-year) savings goal

The CEO is a sociopath

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Accenture folks, seeing lots of news about layoffs at other firms here. Are we in the same situation?

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I had an interview the week before Christmas and New Years. I know there is usually a holiday slump - when should I reach out about an update? It will be 3 weeks tomorrow.

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Who’s negotiated severance? Any tips?

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Is Gary Vee still saying that all of their layoffs were not covid related? Vayner folks, is that true?

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Which consulting firms are hiring for experienced Associate position? Have a friend who got laid off and looking for another job.

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Is it as hard to take PTO as people say? I have a couple of long weekend trips planned (covid willing) in May and June, which is right after I start, but have heard that it’s normal to have to cancel plans due to last minute deals coming in. Any tips??

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Anybody else also having the layoffs anxiety already ? Any update/rumours about GL ?

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How many days would I be able to stay If I Country if I quit (not fired) my job that I have a h1b for? Moving to Canada and need some time to close up shop here.

Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

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Deloitte FL/PR is turning into a joke.. if firm morale wasn't already suffering from layoffs, they increase minimum hours through December while half the offices are unassigned. Abandon ship.

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So someone I know asked HR about a boot policy. When he found out that there wasn’t one, but his boss said there was (who gave the guys $ for boots and the claimed it on his expense reimbursements as something else) the boss got mad at him for askingHR (and in trouble for the expense reimbursements) and then 2 days later laid off my friend. There appears to be no notice of bad performance and this person always was the first person on the job site ready to work. Thoughts?

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What if Elon Musk replaces Rajesh Gopinathan as the CEO of TCS?
All the useless managers will be fired?

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Overheard: *dials frantically* "Hi. The holiday party was moved the the 7th so we're gonna need to move that Axe Throwing event. Yeah. Bye. "

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