I absolutely have to agree. There are ways to lay people off that is dignified and respectful. Then there's the way NEC BNS did it! Last week, I was in my boss's office talking about something completely unrelated when he says "Oh, by the way" and hands me a lay-off notice. An hour later I'm history. NO f***** idea in the world it was gonna happen. Yeah, I'm reallllly full of warm and fuzzy feelings now. Sure the economy sucks, I can understand that. But, as my daddy always said, "It's the measure of a man how he acts like when he's down. Anybody can be a good guy when times are good!". You know what, he was right. Now back to my rack. The best revenge is success. ""xc"" wrote in message [EMAIL PROTECTED]">news:[EMAIL PROTECTED]... > This is an addendum to a previous post. Somebody asked about for opinions > about Cisco's announced layoffs of 8500 people. > > I responded that every tech company is going through hell right now, but > Cisco had the forethought and compassion to offer 6 months severance (2 > months automatic, an additional 4 if you sign their severance agreement), > which stands in stark contrast to certain other companies who not only gave > no severance, but declared bankruptcy while still owing backpay and expenses > to employees (the Web consulting company Marchfirst immediately comes to > mind - the bankruptcy judge of that case has even declared that employees > who are owed backpay/expenses have to get in line behind the major > creditors, so you know those employeers are going to get nothing). Then > there are stories of people getting severance checks that bounced, companies > laying off people in violation of the Federal WARN labor laws, companies > giving job offers and then trying to retroactively withdraw the offer after > the offer was accepted (presumably the candidate had turned down other > competing offers to take the offer which is now being withdrawn), etc. etc. > > If you're going to have to lay off people, offering 6 months severance seems > to be a more-than-compassionate way to do it. Several other posters talked > about similar deals offered by Nortel and other companies when they laid > people off. So it's pretty clear that some companies have positioned > themselves as 'the good guys' (as opposed to other companies who have > clearly shown themselves to be the 'bad guys'), so that they will be the > employer-of-choice when the economy picks up again. These companies have > tried to preserve goodwill among the networking community so that they will > have little problem in hiring again. > > While I am not trying to downplay the pain that those laid-off Cisco or > Nortel employees must be feeling, on the other hand, they could have been > working for one of those www.fuc*edcompany.com employers like Marchfirst. > > Well, to build up even more goodwil, recently, it was announced that John > Chambers is cutting his salary to $1. The chairman (forgot his name) is > also cutting his salary to $1. The management stated that since so much > cost-cutting was going on at Cisco, management should share in the pain. > > I don't begrudge company execs getting rich when times are good, but it is > so refreshing to see execs sharing in the bad times. A world of difference > from the usual M.O., where execs slash thousands of jobs and still reap > their millions. As stated in fuc*edcompanyL "These guys seem to have worked > out that you don't have to be an as*hole to make money. Bravo. About fuc*ing > time someone got a clue" > > Now some of you may be thinking that the $1 salary is just a Cisco > publicity stunt. Sure, maybe so. > FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html > Report misconduct and Nondisclosure violations to [EMAIL PROTECTED] Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=2418&t=2418 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
