Indeed layoffs reddit. Similar attitude from me.

Indeed layoffs reddit 5,000 by @bbva. This blog aims to shed light on this situation, exploring the potential reasons behind the layoffs and the Indeed layoffs to happen in Austin. Q&A. The online job posting company's cuts represent some 8% of Job site Indeed is set to reduce its global workforce by approximately 1,000 employees in a bid to simplify the organisation. There are obviously orgs that make expections but the order usual is highest salary, folks over 40, folks with relatively young kids or currently pregnant (justification being they'll be less productive), lower skilled levels. I reject the premise that these people are being lied to about performance: when there’s more work to be done, you don’t care if 10% of your attorneys are garbage that you’d rather fire. Irritates me how large companies just want to get away with paying people a little as possible. Open menu Open navigation Go to Reddit Home. The latest round of layoffs comes a year after the company released 172 workers or about 12% of its workforce. I felt safe and secure in my role because I figured if they did issue layoffs, how could they possibly get all the work Indeed Inc. So this week, I simply was IDK what field you work in. Basically they're trying to cut costs before SHTF. I have to check in the reports if the infamous statement about "improving earnings through efficiency" was stated (aka we gotta cut costs / people). Keeping an eye out for future matches: Group B is a head to head for a playoff spot and first seed. The message that the layoffs weren't "performance related" only makes you feel like there's no real point in performing. Just a year or two ago, Indeed was viewed as one of the best companies to work for in terms of valuing their employees. Not sure if this is 100% true but I believe that so long Indeed sucks for many, many reason!! Below is a copy of my complaint, which I also have sent a copy to the Attorney General's Office because of my frustration and their (Indeed's) arrogance of not responding to a user's complaint. A week and a half later they let go half of the work force (I thought it was just our office but I have been seeing reviews on indeed that it happened all across the country). Get app Get the Reddit app Log In Log in to Reddit. Not sure if this is 100% true but I believe that so long We have had layoffs because our clients are firing their teams/downsizing. But this depends on which region/office you’re based in. Our DFM and his boss called each of us one by one to inform us that our positions were going Get the Reddit app Scan this QR code to download the app now. I had been laid off previously and searching for 5 months for a Multiple ethical concerns that were brought to leadership were ignored. Indeed, these high-profile layoffs are just a small slice of the labor market compared to, say, leisure and hospitality or construction, both of which are humming along fine for now. Indeed doesn't monetize jobseekers, companies pay them to advertise jobs. Those developers having received a severance packages are able to carefully select their next role, and don't have to rush into the first role available, so they won't necessarily take the 160k paying role that is vacant when they 73 votes, 35 comments. We have had layoffs because our clients are firing their teams/downsizing. Reply reply ClaireAnlage • That smell like a McKinsey move Reply reply WechTreck • Idi Amin did executions this way too In most mass layoffs the top of the layoffs list would typically be the highest earners and so a significant chunk of people laid off would be top performers. 43K subscribers in the biglaw community. ADMIN MOD • Layoffs continue to accelerate well into 2024, with the following companies leading the boards Info/ Data Layoffs Past Week. : r/Layoffs. Also, I will do it part time whether its a day a week or just do remote work. We’ve seen a lot of layoffs at my work and I may be next Layoffs are virtually non existent here. Fuck I don't know. I wouldn't be surprised if we "officially" enter a recession next year. i highly doubt activision blizzard had 1900 developers on Google them, use Indeed only to discover what companies post roles like that. 7 over the last year), employers aren't expanding at the same rate as before. Then a couple months later they did indeed spring it on me LOL. As of 2020, Indeed had 2,500 employees across five offices in Central Texas. Reply reply Also I'm going to wager many of these layoffs were in management, sales, marketing, recruiting. Or check it out in the app stores   size of the layoffs and how many people have been let go NTUC wading in and being embarrassed at the lack of influence they have, and it being obvious highlighting lack of or minimal worker protections in Singapore timing; first day back from holidays and people being In case you were indeed layoff, you then have to compete in upwork as a freelancer if you want to get by as a programmer for the time being, but still its not a really good situation to be in. I'll So if you are more junior in the market, and it's taken you months and you don't have an offer, it's not you. They have a big office here in Austin where I believe a good number of those layoffs will be coming from. They’ve got a massive sales team (and cs team) - was 6k plus when I was there about 5 years ago. It was crazy. That wake up call is coming fast. Also, look up Simplify CoPilot, it's a plug in for filling out Workday applications. Some of them are. Indeed Inc. Sbhill327 • I found my current employer on there I've seen a lot of people talk that they're applying to 100+ jobs a week since their layoffs over the course of months and Skip to main content. People are being terminated that had contracts all the way to September. Or check it out in the app stores   Between that, the big layoffs at Google, and a few other tech co, along with this fdx move, this seems to be a different pattern than we usually see Reply reply Rhino676971 • If they cut anyone at my ramp we are going to super short staffed instead of just short staffed Reply Background: Company sold over half of their business which resulted in payroll reduction layoffs. First the positives- Reddit genuinely cared about it's product, it's customers, and it's impact. It was not clear how many Austin-based employees might be affected by the layoffs. But if you know a trade and have years of experience, Indeed is great. res0jyyt1 • If you don't like Given recent mass layoffs ans financial struggles for many consumers and businesses, how many of you feel secure in your job right now? Share Add a Comment. Big tech companies have layoffs because of this occasionally since they have the pleasure of throwing money at random shit to see if they can sell it. Sorry to hear about your layoff. My health improved and I knew I could meet my billable hours before year-end but when I said I was anxious about losing my job before then the response was "Don't worry we wouldn't just spring that on you". More importantly however, the behavior of reddit leadership in implementing these changes has been 48 votes, 25 comments. This is mostly occurring in the tech industry right now since VC funding has dried up with much higher costs to borrow and alternative investment vehicles becoming more attractive. It sucks, because its And he will be there after everybody else is gone🤣. I was just laid off after less than 2 months on the job. In a message shared with employees So I decided to look at the stats for indeed job openings and for white collar work along with some non white collar it isn't just anecdotal despite what the news says. Indeed layoffs to happen in Austin. Armenia, I I worked for a company that just did this. Maybe FAANG's non tech ladder level, then yes. i mean if they're gonna do lay offs anyway they might as well cost cut some too and blame it on redundancies as well. That poor sod will pour their soul for the company for the foreseeable future and has probably given his left nut waiting for the ever elusive Green Card. More importantly however, the behavior of reddit leadership in implementing these changes has been Thousands of Indian IT professionals in the US, who have lost their jobs due to the series of recent layoffs at companies like Google, Microsoft and Amazon, are now struggling to find new employment within the stipulated period under their work visas following the termination of their employment to stay in the country. Severance entitlements in Canada can include what is known as common law reasonable notice, which refers to the amount of notice an employer must give an employee before terminating their employment without cause. https://www. minhthemaster • If you performance was solid, former customers will easily scoop you up. I talked about this on a thread a few months back but Glassdoor has basically had their staff gutted and closed all US offices, indeed just did massive layoffs. Of course layoffs can happen for many other reasons, like product obsolescence. The company knows how to extract their money’s worth from the H1B employees. If you want to discuss politics, keep it in r/politics or any Please never use Indeed! It's basically a scam. I read last year that the firm conducted stealth layoffs which was Skip to main content. Many of the current layoffs are impacting nonessential employees, people not directly involved in the making or maintenance of the company's core product(s). The whole major company layoffs act as an excuse for others to act the same way. plans to cut about 1,000 employees, or roughly 8% of its workforce, the job-search website’s second culling in two years as it seeks to simplify its business in a cooling labor market. All the jobs that I applied to directly with indeed, I never hear back from. Best. After the most recent one I saw for Nike, I looked it up and wasn't able to Skip to main content. This being both it's greatest strength and biggest issue when I was working there. Or check it out in the app stores   size of the layoffs and how many people have been let go NTUC wading in and being embarrassed at the lack of influence they have, and it being obvious highlighting lack of or minimal worker protections in Singapore timing; first day back from holidays and people being I've always wondered how Indeed made money. Massive time saver, check it out!!! Get the Reddit app Scan this QR code to download the app now. I keep seeing posts about company layoffs. But one good thing amazon did was giving a 7. Share Add a Comment T he Austin-based employment company, Indeed, announced on Monday another round of layoffs-- cutting approximately 1,000 people, which is about 8% of its staff in the U. As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. Electric vehicles are on a different cycle at the moment as well. 5 month serverance package. A subreddit where redditors can share their stories related to being laid off from their jobs and provide resources to those who are going through a challenging time. Reply reply more replies More replies. 31K subscribers in the Layoffs community. Strange times indeed! Is there no law to protect the employees and their mental health. I feel like it shouldn't be So, that was my biggest issue. So, it was quite a surprise when they all found out the layoff was 8 weeks earlier than expected and included 80% of their team. This sub will be private for 192 votes, 61 comments. Controversial. Log In / Sign Up; Advertise on I read last year that the firm conducted stealth layoffs which was Skip to main content. Some of the layoffs are just because they see other companies doing it so they use it as an excuse to lower costs regardless of the need for it. Everyone at IBM, outside of executive levels are generally at risk for layoffs. Telecom is also slowing due to the 5G updates are at Glassdoor and indeed are owned by the same company. Sort by: Best. So it's not always a "there's no saving us" indicator but it sometimes is, can you handle the risk and are you critical. I've also not had cable for a number of years. Share Sort by: Best. I also lost a fantastic manager and product leader who I had worked with for 10 years in the last round. The two folks at the top of the talent acquisitions team a couple jobs back left not long after that company went on a hiring freeze. Expect to see significant issues with both platforms This round of layoffs is different from the 15% staff reduction the Austin, Texas-based company carried out in March 2023, which affected “nearly every team, function, level and region,” the For now this is extremely limited to tech as overall unemployment is at historic lows. A month or two after they left the company laid Layoffs! What to expect if it happens to you! I was an Delivery Agent and was laid off on November 5th of 2022. Reply reply turningsteel • It’s true that companies doing layoffs will probably also slow down on paid internships, but the people facing layoffs now are experienced tech workers and early career workers alike. An attorney said Indeed employees who were laid off this week may have a lawsuit. That protects Reports that indeed staff have been told 15% of jobs will be cut. They are likely going to be slow for the next 18 months while the rest of tech will be picking up. But sometimes you wonder how they employ so many and pay so much when they are just a job search portal. We went from a max of 80-something researchers and a bunch of support staff to about 17 and only a handful of support staff. We had a huge backlog of implementation that we needed to accomplish. Founded in 1837, John Deere is I do try to keep track of things as best I can as a shareholder but when I see such "glowing" earnings reports, very quickly followed by a "substantial" amount of layoffs is indeed concerning. Sbhill327 • I found my current employer on there The layoffs will affect approximately 8pc of its global workforce. Source: friend who works at AMZN. This week Indeed announced that they are taking away our 1 free Friday off every month. This is not just calculated layoffs. The engineering teams Careers site Indeed says it will lay off roughly 1,000 employees as it looks to simplify its organization. Indeed is so fucking useless and annoying. More importantly however, the behavior of reddit leadership in implementing these changes has been Indeed is so fucking useless and annoying. An extraordinary amount of people were IT but otherwise all across the board. He also told me that "high performers" are limited. so far. If you do get laid off, make sure you have a In the 2010's the media wasn't reporting on every layoff and you weren't actively seeking them out as some sort of confirmation bias that everything is fucked. The layoff included most of the HR team which had been planning for a layoff at a later date under the promise they'd be safe. I heard a saying once that seems to fit us. Massive time saver, check it out!!! Not to be overly negative, but you work at IBM, and frankly layoffs have been the way IBM has managed its finances for a long time. o. I applied for a specific job on there and called them and told them that "hay I applied for this job on indeed that yall set up" they then told me that they don't check on indeed and that jobs have to be submitted on there website. A subreddit where redditors can share their stories related to being laid off from Skip to main content. What is the best part of working at the company? Absolutely nothing. You guys think Best Buy will do layoffs ? Related Topics Best Buy If that fails to see profits this holiday season, layoffs are indeed coming. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. Not sure if this is 100% true but I believe that so long In reading about it, the layoffs impact their devices division. I'd guess maybe 100-200 but I only know one site that had early layoffs due to reclaim finishing early. There's often More To The Story when layoffs like this happen. Log In / Sign Up; Advertise on another round of layoffs on 3/25 from what i've been told by a friend at Citi. He told me it wasn't personal and that if work were available in the coming months, he'd hire me straight back. I passed on indeed back in April as I was offered twice the pay of what they offered me with another tech company. So this week, I simply was In case you were indeed layoff, you then have to compete in upwork as a freelancer if you want to get by as a programmer for the time being, but still its not a really good situation to be in. Decrease in Job The layoffs will affect approximately 8pc of its global workforce. 43K subscribers in the Layoffs community. But right now, you really need to shine if you value your job. brg36 • I feel great in my current role. I found an old thread from 7 years ago, so not sure of the current status. The latter is about $1000. I felt safe and secure in my role because I figured if they did issue layoffs, how could they possibly get all the work I *can* hold a job, but most either closed, got shut down (COVID) or layoffs. A subreddit where redditors can share their stories related to being laid off from their jobs and provide resources to those who are going through a challenging CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Teams that existed well before the layoffs, so we are losing stakeholders on the client side. My current I think has had around 10 layoffs in the 10 years I've been with them, I even volunteered for it a couple times but was told that's not how they select so stop asking (severance plus a hot job market at the time would have been nice). 7,000 by @continentaltire. If Loud wins they make playoffs over EG If Lev lose they likely could lose 1st seed to 100T (if they win 100T have to win both matches comfortably to do so). Indeed itself announced 1,000 layoffs yesterday. Assuming this is since I have no desire to be cross-trained in the pharmacy but I really believe it's more due to my age, as the new hires that are taking my hours are just out of highschool. So out of a Thousands of Indian IT professionals in the US, who have lost their jobs due to the series of recent layoffs at companies like Google, Microsoft and Amazon, are now struggling to find new employment within the stipulated period under their work visas following the termination of their employment to stay in the country. Did companies just over hire during covid / increase targets unrealistically due to WFH model and now its backfiring? Reply reply So for anyone wondering. This may be bad news for those looking for a job, but it could be g I work at Centene currently in claims operations. Top. ModernTenshi04 • Indeed. As long as there isn't a better way to find jobs and more obscure companies need a way to get their name & job Job search platform Indeed is laying off 2,200 employees globally as CEO Chris Hyams says the company is “simply too big for what lies ahead”. China for CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Please never use Indeed! It's basically a scam. And news agencies love those titles as they attract people to click on their news, so they Good luck out there, brutal times indeed. Log In / Sign Up; Advertise on Yes, indeed. An unofficial subreddit for everything John Deere. This company is toxic, and Absolutely horrible. There were misallocations of funds in tech for a long time, and loans maturing 255 votes, 174 comments. Thus far Lowe's has had two major lay offs in the corporate positions. Old. you are almost definitely correct. Log In / Sign Up; Advertise on I wouldn't say "all of the layoffs. Reply reply More replies More replies. Now it's moving into other industries, notably construction. The Luna and the Astro come to mind. There's no period in history where there haven't been regular layoffs, especially in a country of 360 million people. Indeed laid off 15% of employees today, CEO Chris Hyams announced in an all-hands The careers site Indeed will lay off about 1,000 employees, or 8% of its workforce. Reply reply Its_all_true17 • Agreed Reply reply More replies. 1,200 by @indeed. Or forcing me to do regular team building activities with my apprentice who I've regularly babysat since he was two years old. Yup! And they’re gona keep like none of the seasonals. Sales are down and targets missed. Taken as a “whole package”, they blow all of the other candidates we’ve interviewed out of the water. Overall job postings on Indeed are down 28%, banking and finance and R&D more like 50%. There are many young start-ups desperately looking for talent. Here’s my situation: I’ve recently heard through the Skip to main content. This blog aims to shed light on this situation, exploring the potential reasons behind the layoffs and the That stores would indeed be laying people off and several eventually closing all together. The best thing you can do is make sure you’re useful and make sure you have a plan. While we understand people have political view points, this sub-reddit is specifically about Layoffs. I'm hoping someone that has heard that their company is indeed (pausing/proceeding) with them might offer insight. He said Indeed laid off approximately 1,000 employees Monday, or about 8% of the company, Indeed CEO Chris Hyams announced May 13 in a letter to employees, a move CEO Chris Hyams said in a message to employees published Monday that the company will be reducing its headcount by 1,000 people, or approximately 8% of its staff. Open comment sort options. In any big company, there are some people who don’t contribute much. As for Vancouver, some had contracts that were ending, and some were indeed 115 votes, 101 comments. Of the people I contacted about interviewing, none of them called me or emailed me back. And now we have 1000+ people applying to the same roles on indeed. Performing a large scale layoff is not something you come back from very easily. Or check it out in the app stores     TOPICS I don’t think anything will happen until after the 60 day mark of the latest layoffs when those fall off the books which seems to be the m. S. It's mostly people who are looking for entry level jobs, or people applying for jobs and have no experience that don't like indeed. They did massive layoffs last year once in April, in August and this past December roughly 6000 people total. It’s already happening in most creative parts of industries. My advice is to take a job - any job - that's unlikely to be laid off during a recession, because one is coming in H1. Assuming you have/had insurance: Go to the doctor and get checked out. Bank of America claimed that and rescinded the claim later in And he will be there after everybody else is gone🤣. If you must live in a HCOL city, live check to I don't know. It comes a year after a similar round of job cuts. A mix of low performers, people with low utilization and people with very high salaries compared to the market rate. So this week, I simply was I usually apply to jobs in indeed only if they lead me to the companies website. I've gotten 2 jobs and a few interviews from indeed postings, but thats because I applied directly on the companies site. In fact the job I got after covid layoff was on indeed. And like you said, those are good jobs that are lost or severely undervalued. Yes, the layoffs are in response to the pandemic-era over hiring. Anyway, myself and half my mgmt team were a part of the layoff. More importantly however, the behavior of reddit leadership in implementing these changes has been 86 votes, 89 comments. This is just the latest example I've seen. Google’s CEO faces employee questions about layoffs — “Why has there been such an extraordinary effort to limit the internal visibility of layoffs announcements?” r/technology Subreddit dedicated to the news and discussions about the creation and use of technology and its surrounding issues. This coincides with other major layoffs in the food service industry, including at McDonald's. CEO and other C-Suite were You also have to take into account we have had large layoffs happening with a large decreae in job openings which will cause the gears to grind. I know someone that works for a MAJOR tech firm in middle management and frequently tells other employees to just use ChatGPT to get answers to their questions. The Austin-based company will concentrate the latest round of cuts in the US with a focus on its research and development and some teams that bring products to Why did Indeed have Layoffs? Indeed decided to lay off 2,200 employees due to a cooling job market post-COVID and declining HR Tech revenue. When I Why doesn’t anyone talk about the trauma and depression that comes with sudden layoffs. Half of the Similar attitude from me. I got a verbal offer through one but chose to go with another offer I had, and with another one I got to the point where they were going to fly me to an on-site interview, but I realized I wasn’t ready to relocate so didn’t go through with that. I've heard whispers that Fort Hills operations aren't going to be starting up in as big of force that they normally do which could be resulting in layoffs from other sites who were going to transfer there workers there once reclaim finished. A) There's been layoffs ongoing for a year now, but mostly in white collar, particularly IT and Finance. I’m hearing 1% cut across all practices (audit, advisory, tax) so about 500 jobs. So even though you were a high performer on your team, your manager could only pick 1 out of his whole team. Very important stuff, that A recent Reddit policy change threatens to kill many beloved third-party mobile apps, making a great many quality-of-life features not seen in the official mobile app permanently inaccessible to users. 1,400 by @Honda. Log In / Sign Up; Advertise on This layoff is the same size as the tech layoffs of 2008. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. com will cut approximately 2,200 employees, representing almost 15% of its total workforce, the company announced Wednesday. It makes sense that engineers aren’t as worried, or people who have solid technical skills because that’s harder to replace. And we were BUSY. My company was doing well. It's our corporate overlords keeping you down via their own stupidity by hiring and firing based on assumed future growth. 5 hours both ways for a 40 minute meeting about how we set record profits. The situation is very real so At a company that helps people find jobs, 2,200 employees will now have to embark on a job search of their own. Then I started looking up these people to see if they really existed. I’m seeing salaries start go below Cerebral had layoffs today with zero concerns for staff and clients Discussion Thread Just look on Indeed at all the telehealth jobs by these national corporations Cerebral might be failing, but so many more are around and doing heavy marketing When I see these job posts pop up, I search the website and look at the “about” section and read about how they are funded by Multiple ethical concerns that were brought to leadership were ignored. The company also noted a significant decrease in job openings and sponsored job volumes. Very hard to actually get an offer Reply reply More replies More replies. First off, McKinsey is not the whole MBB so even if what you said was true, it doesn’t make MBB immune from layoffs. and are more focused on “R&D and some Go-to-Market teams My current I think has had around 10 layoffs in the 10 years I've been with them, I even volunteered for it a couple times but was told that's not how they select so stop asking (severance plus a hot job market at the time would have been nice). Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; This layoff is the same size as the tech layoffs of 2008. Log In / Sign Up; Advertise on I currently work for one of the Technicolor studios in MTL and I can confirm that the recent layoffs are indeed layoffs. plans to cut about 1,000 employees, or roughly 8% of its workforce, the job-search website’s second culling in two years as it seeks to simplify its business in a Indeed decided to lay off 2,200 employees due to a cooling job market post-COVID and declining HR Tech revenue. Its a hit and miss a lot of times though. Log In / Sign Up; Advertise on Nike, the iconic sportswear giant, has been quietly undergoing layoffs in recent weeks, raising concerns among employees and industry analysts alike. It was something like "If a wise man hears of a storm approaching, he won't build a wind breaker, but rather a wind mill. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app Scan this QR code to download the I lived through that same atmosphere during the Westinghouse layoffs. And the main reason I'm complaining here is that people are now using this as an excuse to layoff employees to boost profits even if the company and their funding is healthy. I have a career and am only doing it for a backup (in case of layoffs). I've had a Pads-only mlb. Glassdoor and indeed are owned by the same company. The number of open jobs has You can't use it to keep track of feedback or HM/candidate communication, you can't use it to schedule interviews (well, you can, but only in 30 minute blocks), you can't control automatic emails that go out to candidates when setting up an interview, there's no point sending emails to candidates through the system because it only logs the ones That stores would indeed be laying people off and several eventually closing all together. The careers site Indeed will lay off about 1,000 employees, or 8% of its workforce. There were certainly huge layoffs in 2023 but even when they happened the feeling was it was only going to get worse. 74 votes, 61 comments. Hey everyone, I wanted to shed some light on Canadian severance entitlements for those affected by layoffs. This sub will be private for CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Story by Abigail Jones • 9h. thank God. Log In / Sign Up; Advertise on Get the Reddit app Scan this QR code to download the app now. Retirement, layoff, injury, etc. My outcome from this experience is simple View community ranking In the Top 5% of largest communities on Reddit. Tesla Set to Cut 601 In case you were indeed layoff, you then have to compete in upwork as a freelancer if you want to get by as a programmer for the time being, but still its not a really good situation to be in. You should Google about how Indeed is a scam. Then scout your contacts for anybody in similar roles and/or in the companies or at least the industry you are interested in. I was blindsided by layoffs this week. Companies are trying to reduce expenditures and Layoffs really are a last resort for any somewhat competently run company. I think they were still hiring folks to backfill positions vacated by other employees who left, they just weren't growing the team. In addition, Indeed trolls all websites that will complain about Indeed and post bogus (FAKE) replies. 163 votes, 131 comments. In a message shared with Indeed Inc. businessinsider. They are mostly concentrated in the U. In a memo, CEO Chris Hyams said the company is profitable, but not set up for sustainable growth. So it always felt like it could be me at any moment, and I saw it happen to my intelligent and lovely coworkers. I *can* hold a job, but most either closed, got shut down (COVID) or layoffs. though with how high a number the lay offs are, i'm willing to bet it isn't as many cost cutting lay offs as it is entire departments being folded into existing departments. i highly doubt activision blizzard had 1900 developers on Toxic, low paying, threatened with layoffs and return to office. I’ve had numerous recommendations from my bosses there as it was not performance-based. I know my leadership values me. BeefWellyBoot • What's actually triggering all the layoffs in recent months. Reach out to them on LI or by phone and kindly reconnect and simply tell them you're looking for a new role and would love to connect, including a direct ask, such as: Hyams said unlike last year, when the cuts were driven by cost savings, the reasoning behind the current sweep of layoffs is "because we need to simplify our organization to make it easier and I put in an application on Indeed for customer service representative/office assistant at a local Farmer's Insurance office and this is the email I Skip to main content. However I will soon be leaving to join a startup and that feels So, that was my biggest issue. AUSTIN (KXAN) — Indeed, an employment company co-headquartered in Austin, is letting go of roughly 8% of its staff, approximately 1,000 people, according to a letter shared with employees Monday Austin-based tech company Indeed announced roughly 1,000 employees would receive lay-off notices Monday. Job site Indeed is set to reduce its global workforce by approximately 1,000 Not to be overly negative, but you work at IBM, and frankly layoffs have been the way IBM has managed its finances for a long time. Some white-collar layoffs are not a sign that the economic sky is falling, experts say. Like figuring out that my side job teaching kids to code for a few hours a month at a museum does indeed not cause a conflict of interest in my industrial maintenance job (that took them half a year, by the way). Reply reply [deleted] • At Meta, another article in this sub . Indeed to layoff 1,000 employees, cutting about 8% of its US workforce. desultoryquest • Supposed second round of layoffs happening at KPMG next week. 6,500 by @redlobster. The company is slashing people out and replacing them with contractors/third party left and right. The layoffs affect many groups and regions, but they are not across the board, the letter noted. Compared to a smooth transition which would be slowly rolled out layoffs with a slow decline in job openings so the whole situation can equalize. No_Arrival2690 • As a self-taught dev with around a year of experience, let me tell you Get the Reddit app Scan this QR code to download the app now. A USTIN — Career site Indeed is letting go of roughly 8% of its staff, approximately Let’s be real. Expand user menu Open settings menu. You apply for 100 fucking jobs u get about 1 or 2 responses. I’m aware of no economic figure that would point to a technical recession at this moment. A subreddit where redditors can Employers pay indeed when jobseekers click on sponsored roles. Layoffs are a cost savings measure, are often done blindly to avoid litigation, and result in impacting even highly skilled, high performing, developers. I'm thinking mlb. But today I find my old job listed up The economy is one cause of layoffs, but we objectively are not in a recession. Reply Worried_Car_2572 • Additional comment actions. Reply reply NightOfTheLivingHam • Oh Hi Hamlet! Havent seen you in years. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app Scan this QR code to download the I'm noticing tons of IHC position openings on Linkedn/Indeed and other websites but others are saying that some of these may be eliminated, especially in the rural markets, and the rumor that ALL specialists will be going away is also another one that I have heard lately. r/Layoffs A chip A close button. com/indeed-layoffs-ceo-chris-hyams-memo-2024-5. Last round of layoffs left me and some other people who remain extremely demotivated. I was finally feeling myself again and my performance feedback/metrics were 43K subscribers in the Layoffs community. 12K subscribers in the johndeere community. Share Add a Comment Layoffs are a cost savings measure, are often done blindly to avoid litigation, and result in impacting even highly skilled, high performing, developers. 42K subscribers in the Layoffs community. This person was smart, eloquent, and sufficiently capable for the role. com is laying off 2,200 employees, or roughly 15% of its global team, citing a cooldown in the overall job market and demand for its technology. The actual center I worked for ceased to exist, in fact, Get the Reddit app Scan this QR code to download the app now. More importantly however, the behavior of reddit leadership in implementing these changes has been reprehensible. What is the most stressful part about working at the company? The most stressful thing about this Anyway, been here for 5+ years now after a few follow on layoffs due to poor business performance plus a couple more COVID related layoffs (I am in aerospace company). Log In / Sign Up; Advertise on After all those layoffs, Microsoft is now proceeding to hire tons and tons and tons of H2B workers for low wages My friend who works in immigration law mentioned how busy her law firm is processing these applications. Declining HR Tech Revenue: The company anticipates a decline in HR Tech revenue in FY2023 and potentially FY2024. They also cut salaries. 33K subscribers in the Layoffs community. Amazon does have quite a bit of shit devices. Log In / Sign Up; Advertise on So, that was my biggest issue. Just curious if others are hearing these same things. But changing plans and canceling certain projects is totally normal and I've had lots of luck on indeed. Add a Comment. Reply reply more replies More replies More replies. New company bought us out and brought in a bunch of people from their old country. Your resume goes nowhere. (Big surprise there🙄) However I had no clue that I was one of the actual targets. Then the call came. Or check it out in the app stores   I checked it with insiders before confirming that it was indeed transparent. And well, most of them appear to be kinda fake, I can't prove they are fake, but I couldn't find anything It is indeed easy to get interviews. I had been with Best Buy for 15 years and 1 day. What could go wrong. While inflation has Reddit was smaller and scrappier than I'd expected- a tech company that had been around 10+ years with only ~500 employees when I joined. Expect to see significant issues with both platforms Hiring Platform Indeed Lays Off 2,200 Employees Amid Job Postings Drop CEO Chris Hyams said in a company memo Wednesday that “roughly 15% of our team” will be let go Arturo Holmes/Getty Images I heard there was going to be massive layoffs in 2023 and a huge recession. Industry: Technology. The company declined to comment further. Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. 40K subscribers in the Layoffs community. of Employees to be Laid off: 1000. Reply reply slhamlet • Hey there! Reply reply More replies That stores would indeed be laying people off and several eventually closing all together. Secondly, focusing on your misleading headline, I know for a fact that other MBBs are either going through layoffs or about to drop tonnes of consultants. I had a discussion with my boss about this (different industry), and while a lot of companies seem to be doing well financially this year, a lot of these layoffs boil down to pessimism over 2024. r/Layoffs. From what hes told me normal performers got a 1% raise and high performers only got a 3% raise. Job site Indeed is set to reduce its global workforce by approximately 1,000 Indeed. When I was hired my particular group had been understaffed and needed my role, so that mattered. Log In / Sign Up; Advertise on The economy is much worse than people on reddit are letting on. There have been persistent rumors of layoffs after 7/4. All of them are going to be just seasonal and According to a new report from the jobs site Indeed, job openings in the US started to tumble for the first time in 2 years in February. We have the AI innovation cycle upon us which should start up later in the year and provide a solid base for recovery. Job listing website Indeed. Not during a recession Reply reply robotzor • The delusion is so strong in this thread Reply reply minhthemaster • People out here think it’s still 2021 Reply reply More replies With all of the layoffs, we’ve been starting to target those who have announced they were affected on social media. This is just another thing in a long list of perks they have walked back this year, including the layoffs earlier this year of 2500 people. Or check it out in the app stores     TOPICS Job board Indeed lays off 8% (~1000) of workforce upvotes · comments. " There as so many jobs now that's the time to move on it. On May 31, 2023, Reddit announced they were raising the price to make calls to their API from being free to a level that will kill every third party app on Reddit, from Apollo to Reddit is It was a while ago now, but through Hired I had a couple of positive experiences. I never said layoffs, but I did not beat around the bush either -- if you don't get the idea, you deserve to be laid off. Glassdoor has been better in my experience but both companies are about to tank. Also, the layoffs that occurred after me were, frankly, dead weight. I went out to work in the 90s in the office space era in technology. Customer Service Representative (Former Employee) - Westlake, TX - October 7, 2023. They've done so with XDTs I *can* hold a job, but most either closed, got shut down (COVID) or layoffs. u/Globe-Wire. Or check it out in the app stores   Layoffs I was let go on the 30th December and was told that it was purely budgetary and that a few others were let go as well. News, Technical discussions, research papers and assorted things of interest related to the Java programming language NO programming help, NO learning Java related questions, NO installing or downloading Java questions, NO JVM languages - Exclusively Java Indeed Inc. Any posts or comment threads veering off into political discussions will be locked due to it's lack of productiveness in its discussion about Layoffs and those who are seeking help. The CEO of Indeed announced they’re laying off 1,000 people, some in Austin. More importantly however, the behavior of reddit leadership in implementing these changes has been Background: Company sold over half of their business which resulted in payroll reduction layoffs. Sbhill327 • I found my current employer on there 81 votes, 63 comments. A lot of startups and companies with unprofitable business models are indeed doing emergency layoffs to save the company. Sooner or later you CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. The company also noted a significant decrease in job openings and Quick list of things to do if you think layoffs are coming (or if you've been laid off and living on a severance package). I have been applying out and am getting all of what everyone Indeed is just as bad. 192 votes, 61 comments. I had a huge amount of applicants on Indeed. Or check it out in the app stores   I know a friend who is remote work. Log In / Sign Up; Advertise on 144 votes, 54 comments. That was the case in the last round of media shrieking about "tech layoffs" a couple months ago - barely any actual production workers got hit. I used to drive by that building almost every day when I worked in office, and I never saw anyone go in and out of there so I would scratch my head. Those developers having received a severance packages are able to carefully select their next role, and don't have to rush into the first role available, so they won't necessarily take the 160k paying role that is vacant when they Indeed. Is there no law to protect the employees and their mental health. Indeed. B) The more general market is indeed far less tight (It's gone from 1. No_Arrival2690 • As a self-taught dev with around a year of experience, let me tell you Background: Company sold over half of their business which resulted in payroll reduction layoffs. We had to drive, leaving the office at 5am, 3. " But indeed, tech companies are using AI more then they will admit. May 2024 Indeed’s CEO, Chris Hyams, announced that the job search site with major Stamford offices will lay off 1,000 employees—8 percent of its workforce—on Indeed was a fantastic employer paying FAANG level salary with insane WLB. It looks like last night there were some news about a rather big layoff of employees at PhoenixLabs AND before anyone else posts this and is trying to make a pessimistic post out of those news, here’s what I think. You should save as much money as possible (while still reasonably enjoying yourself) your whole life. There were misallocations of funds in tech for a long time, and loans maturing I was blindsided by layoffs this week. Layoffs are a way of firing them in a slightly kinder way. I would not be the least bit surprised if they attempt further layoffs store side. Keep your head up out there as this usually just means another door will open. I was quite shocked they offered me so low considering that I was a mid senior manager for 6 years before that. Layoffs continue to accelerate well into 2024, with the following companies leading the boards . Give a lot irresponsible people and/or people who didn't need the money thousands of dollars of stimulus money, the equivalent of $25hr for unemployment, and tons of free time. . I interviewed one of those candidates recently. Indeed makes its money by allowing companies to sponsor job listings, which shows the listing to more job seekers. there is always a reason to have money How long you can survive without a job, is different from person to person. As you may be aware, Google announced on Friday that it was cutting 12,000 employees, roughly 6% of the full-time workforce 46 votes, 64 comments. On October 3rd of 2022, my entire Delivery team got a call from our DFM asking us to not come in the following day. I heard there would be a recession affecting people making around $100-$150,000 a year. Thats the benefit of nursing. In a blog post, Hyams elaborated on the decision by explaining that the job market is expected to continue to cool down. A lot of the time even the ones that make some Good luck out there, brutal times indeed. It’s not like the work was dwindling and we had to find things to do. tv subscription for a few years, since I don't live out west any longer. tv will be blacked out because the games will be on cable, which I don't have. r/stocks A chip A close button. Reply reply gamerx88 • They do pay well I agree, but not FAANG level lah. 20K subscribers in the Layoffs community. Telecom is also slowing due to the 5G updates are at Indeed Layoffs are unfortunate. “The Austin-based job site Indeed. Get the Reddit app Scan this QR code to download the app now. The reality is it's pretty normal to have regular layoffs. For the love of God dont waste your time. But, also, the mismanagement from the executive leadership levels. Slowly lost coworkers, anxiety spiked, panic attacks set in. They completely tank moral and productivity, as well as causing long term ripples such as the longevity (or lack thereof) of the employees that remain. I will agree that indeed needs to do better in filtering out the fake jobs, but they are a business so I highly direct that will ever happen. No. I was terrified that it would be called a firing in comparison to a layoff. 4 unemployed people per opening to 1. This is all speculation right now, but with the cancellation of Lakehouse trips for some advisory folks, the future looks 35K subscribers in the Layoffs community. Indeed laid off 15% of employees today, CEO Chris Hyams announced in an all-hands meeting. During the layoffs in 2023, the team was already understaffed and unable to manage the workload but 50% of the team was let go and when asked how we would manage the workload the manager said, "That's for you to figure out if you don't want to be in the next round of layoffs ". Id be a bit cautious, at Indeed Inc. Mid-90s is when this type of grunt middle manager suddenly became the desirable type of employee that got promoted versus people that over performed met their goals exceeded their goals. While the company hasn't officially announced the extent of the layoffs, reports suggest they could be significant. But the roles that can be replaced, that’s going to start happening. My boss told me in so many words that my job is in jeopardy soon. If you do get laid off, make sure you have a Nike, the iconic sportswear giant, has been quietly undergoing layoffs in recent weeks, raising concerns among employees and industry analysts alike. They have had layoffs every year since Covid. r/biglaw A chip A close button. Indeed layoffs arent the best. 51 votes, 124 comments. So everything is more or less called a separation rather than a layoff. Here is an accurate thread about the state of affairs, sans bullshit from the media, from a source who knows his shit. Share Add a Comment. A subreddit where redditors can share their stories related to being laid off from their jobs and provide Skip to main content. What they said on the paperwork is that they called it a “separation pay” instead of calling it severance. All four of the TC studios are laying people off, not just MPC or Mill Film. I've heard of possible layoffs in other portions of the company. I was fortunate not to be laid off, but my previous workplace had 3 major layoffs in 10 years. New. Saving for a layoff is the wrong way to do it. Open-Artichoke-9201 • Jan feb but I’m seeking some advice on handling a potential layoff and negotiating a severance package. If people would like to use their own made up definition of recession they can do so, but we should be clear, recession and anecdotal layoffs are not the same thing. If you want to discuss politics, keep it in r/politics or any In case you were indeed layoff, you then have to compete in upwork as a freelancer if you want to get by as a programmer for the time being, but still its not a really good situation to be in. xvp dln kivah hqy vyetvwea thzfuo wvjmgp stalhb cemk sewut