HPE Layoffs

HP plans to layoff around 6000 employees globally in next few years

Is there any layoff happening in HCL

As it goes for any company acquisition, Juniper folks should be wary of massive layoffs coming their way. https://www.cnbc.com/video/2024/01/09/hpe-to-buy-juniper-networks-in-14-billion-all-cash-deal.html

Looks like the legal process of the acquisition is happening at a faster pace than expected earlier. Also the state of the employees is uncertain till now. What do you think will happen to Juniper employees?? What's your take on this acquisition??

Declared for the states: We’ll pay employees during the full notification period (minimum 60 days). We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting. We’ll pay 2022 bonuses and remaining vacation time. We’ll be offering 6 months of healthcare, job placement services, and immigration support for those affected. Outside the US, we’ll support employees in line with local practices.

so with recent layoff season what are some things you would recommend anyone to look for in a company to stay safe ? feel free to add any hypothesis as well if you got any .

I don't know why everyone is making a big deal out of layoffs. Even the ones who laid off are not that concerned than the ones who comment. Laid off employees literally get free money upwards of 10 lakhs in many cases of senior developers who are laid off from top tech startups. Companies pay severance equal to 3-6 months salary of laid off employees. Some even offer other benefits as well. I personally know a couple of Devs who got around ~9-10L in severance pay. So, yeah if there are layoffs happening in funded tech startups or leading tech companies, considering their pay range, laid off employees get handsome severance pay including employee benefits

Microsoft has lost all respect from me today. Guys please spread the word so that all come to know reality. I am writing this post on behalf of my friend who is still in bad mood having mental trauma. Yesterday my friend from Microsoft was let go from his job in India. He was being pressurised to write relieving letter saying he was quitting at his own will and that the HR apparently said if he didn't write the email in next half or 1 hour he won't be getting any severance or benefits by Microsoft India. Wait..who does this to an employee? He was so tensed yesterday that he is leaving for his hometown in few days, he doest want to do any job for some time, he was literally crying. He said the ones who didnt got laid off have lost the will to work. His friends who got fired are crying as it was least expected from Microsoft. imo even amazon and sf handled the indian layoffs in a better way than Microsoft. Other then that Microsoft peeps are not allowed to write anything rubbish on social media. You can yourself see 3 rounds of layoff have happened in India and you will rarelly see any post yet on LinkedIn. Just imagine to what extent these firms are going to save their image. 😵‍💫🥺 msft used to have best people culture but now its something unimaginable😣

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.