Layoff Talk
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These are tough times and we all have a layoff story to tell; something that happened to us or someone close to us. Share without linking to a particular company.
Recent Layoff Tells/Reviews
Public Company

Mylan MYL , Pharmaceuticals and Biotechnology

No Proper Reason for Termination

I joined 3 months back and got very good recognition on my first month work. I tried to do some advancements, avoid duplication of work and professional environment. In that regard, I contacted my boss and the very next week, I got laid off with no proper reason for the termination. The same thing happened to other person whom I replaced his positi... more...
By Someone
As Ex-Employee
Public Company

Capital One Financial COF , Financial Services

How they do it

Capital One is a large bank. They hire and fire in cycles. It's cheaper for them. Don't let you get too high up the payscale.
I was in a dept of about 350 people when they called everyone in one day, even if you had the day off. They hearded us down to a main room, with our names on rosters in back of room. Told us to find our names, then h... more...
By Someone
As Employee
Public Company

MSC.Software Corporation MSCS , Technology

MSC management

At MSC the management team was rather weak in the old days with Bill and Glen, this changed when Symphony took over, now the company is lead by incompetent idiots like Gallello, Neil, Bouchiba and others. Its incredibly whats lengths they go to enrich themselves and ruin the company. I wonder whether Symphony really has a plan what to do. My predic... more...
By Someone
As Ex-Employee
Private Company

LAYOFFS AND BAD BUSINESS

1.2
Poor
WELDING UNLIMITED HAS LAID OFF MOST OF THEIR WORK FORCE. THEY HAVE SCARED OFF JUST ABOUT EVERY MAJOR CONTRACTOR IN TOWN DUE TO THEIR BEYOND POOR CUSTOMER SERVICE AND BUSINESS PRACTICES. THE TALENT AND THE EXPERIENCED PROFESSIONAL FABRICATORS ARE ALL GONE. BEFORE THE LAYOFFS WERE THEY PAY CUTS. THEY NOTIFIED THE EMPLOYEES OF PAYCUTS WITH A NOTE IN T... more...
By Someone
As Other
Private Company

Ventyx, Inc. Technology

Laidoff after working 50-65 hrs/week for year prior to $1 billion sale

1
Very Poor
Fundamentally the CEO & CFO are scum; Sold Ventyx to ABB for $1billion and the ABB employees/stockholdrs are repeating the benefits of people like me who worked like dogs to get THEIR family business up and running and profitable; Severance/Health/Outplacement inadequate, especially considering the top dollar the company got when sold; I'm extre... more...
By Someone
As Ex-Employee
Public Company

Unisys UIS , Software and Technology Services

More Incompetence than Malice

4.2
Very Good
Just got notified that my job would be one of MANY to go when one of our divisions major contracts goes away in Nov. Yeah, I got 90-days notice, with assurances by the same director who told me that he's actively seeking elsewhere in the co. on my behalf, and not everyone got that deal.

Contract losses happen, and I see this layoff as... more...
By Someone
As Employee
Private Company

Layoffs

Announcement made to 200+ Louisville, KY NGS associates that they are laid off.... more...
By Someone
As Employee
Private Company

Moll Industries, Inc. Manufacturing

When first starting there was very little to do

1.6
Poor
Pay is not fairly representitive of competition, some of the benefits are slightly less than competitors, but some benefits are better. Senior Management looks at employees as costs and liabilities and not assets.

I beg everyone who sees this who works for this company to post anonymous comments that tell upper management the way we r... more...
By Someone
As Employee
Public Company

Great Atlantic & Pacific Tea GAP , Food & Beverages

I have been in the same position for almost 4 years

1
Very Poor
I got an offer with another team with essentially no oncall rotation and whose work I really admired. I didn't take it.
I would say that many of the employees have a very limited amount of overall retail knowledge.

Benefits have been drastically cut in the last few months as a way to reduce costs. This includes a loss of 401k ma... more...
By Someone
As Employee
Public Company

Thermo Fisher Scientific TMO , Pharmaceuticals and Biotechnology

Need to be more "value" focused and less "cheap".

1
Very Poor
The atmosphere is highly political. The company is a mish mash of former M&As, with no sense of corporate integration or culture. The company is heavily stacked with experienced engineers which can make it difficult for younger engineers to move up the ranks.
The current financial position of the company has led to multiple layoffs and corpor... more...
By Someone
As Employee