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Pardon my ignorance..but who's BL?
IT Enterprise Application Development.
Pardon my ignorance..but who's BL?
Would they be able to do that without changing the policies in the employee handbook first? Anything is possible but it doesn't seem as likely. The policies are updated every year and for next year it certainly would be prudent for anybody still working here to review what has changed. (Especially the section on termination.) I still think that any layoffs that are initiated this year would be using the policies as already written.
Under when you do not get severance...
· When the Plan Administrator determines that under the circumstances, or because of misconduct after termination, it would not be in the best interests of the company to provide severance under this Plan.
And then there's this section
The company reserves the complete and absolute right to terminate, suspend or modify the Plan in whole or in part at any time without notice. No benefits are vested or accrued in connection with the Plan at any time.
Meeting this Wednesday at 1:30p to consummate the selling of our souls... I'm really kind of surprised after today's manager meeting that no details are leaking out yet...
The mgrs were probably threatened.
JH was definitely trying to find ways to weasel out of paying severance packages.
But the key question is - did he find a way?
But the key question is - did he find a way?
From what I understand the WiPro contract being announced tomorrow covers 95% of IT Infrastructure so over 1400 jobs. Everyone below L5 is toast and probably half of them will be as well. A few from the project office may stick around to ease the transition beyond the 90 days but ultimately their time is numbered as well. HR will be contacting people to give them an end date but everyone should be out the door by Thanksgiving at the latest.
JH was definitely trying to find ways to weasel out of paying severance packages.
I'm salaried, so one could argue that I don't not get paid for these hours regardless of what is expected from a salaried FTE...I've gone above and beyond.
Salaried = indentured servant
Take the hours you actually work and figure out the "real" hourly rate. Including all the middle of the night and weekend hours which many people in IT Infrastructure who support production systems end up working. And then coming in the next morning and still putting in a full day. That might be biting into that supposed "gain" the big boys at Quest think they are going to get with this outsourcing.
By the time the business (including all you sales people on this forum) figure out what is going on then it will be too late. At this point I am fine with going. Gonna take my package and hit the road and go work for a company that actually wants me to work for them.
Wouldn't ya just love to see everyone sit and find a way to save money without cutting a single job? What a cruel world.
Actually one could argue the point that there is more to be made by actually growing the business as opposed to slashing. But hey, what do I know.
Anyway, everybody in IT ready for the big meeting? This is where JH and TW announce that they are burning IT Infrastructure to the ground.
Infrastructure is over... I guess we'll know shortly the actual date. But it is absolutely confirmed, IT is over.