IT Layoffs At Insurance Firm Are A 'Never-Ending Funeral' (computerworld.com)

dcblogs quotes a report from Computerworld: The IT layoffs at MassMutual Financial Group will happen over a period of many months, and it's going to be painful for employees. Employees say they are training overseas workers via web conferencing sessions. There are contractors in the office as well, some of whom may be working on temporary H-1B visas. Employees say they notice more foreign workers in the hallways. Approximately 100 employees are affected. The employees are angry but can't show it. A loss of composure, anything other than quiet acquiescence, means risking two weeks of severance pay for each year on the job. But maintaining composure is hard to do. "I know a few people that are probably close to a breakdown," said one IT employee. [A second IT employee described the emotional impact of the layoffs on employees in this way: "It's like a never-ending funeral."] Intel also confirmed major layoffs in April, which will affect some 12,000 employees or 11 percent of its total workforce.

Comments

Re:This sort of thing is why people like Trump

[AK Marc]

Bernie's "free everything" has a funding plan that pays for all of it, and doesn't grow the debt. Only his haters imply the plan can't work, when it's about the same as everyone else's, with just a few numbers changed.

Re:This sort of thing is why people like Trump

[losfromla]

30 years ago we had free, or next to free college in California. All the way through a Doctorate at the public universities UCs and CSUs, some of which were also world class.