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happythoughts

Vz IT management RIFs

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clicky

This time, it is the IT management.

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So now there's news of the latest IT Mgmt RIF coming on Nov 11, with employees "tapped on the shoulder" being off the books by Dec 11. Figures are as high as 35% - - one in every 3.



Personally, I heard 45% this afternoon.

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Not to be the bearer of bad news but the cut is now more like 60%.

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During the 2003 RIF, I dropped by and ran into 3 friends.
The repeat conversation was, "How's it going?" (normal comment).
The response was, "Worse than you can imagine."
:o

A few months ago, a friend was hired to come back as team lead (contract).
On renewal, they cut the rate. When the person left, they
counter-offered higher (rejected).

They lost two more valuable people this week playing that game.

What dumbasses.

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>They lost two more valuable people this week playing that game.
>What dumbasses.

Layoffs are sort of a lose-lose proposition. Often you lose your best people, because those are the ones that can take the incentive package (if there is one) and get jobs somewhere else. The ones that are useless cling to their jobs with great tenacity, and you end up with a less capable workforce overall.

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