Blood should start flowing any minute now.

[neil99]

The Executioner, I mean boss man, just walked in. RIF candidates will be shown the door today.
Tension so thick you can cut it with a knife.
:mob

[cvansickle]

Damn! I've lived through that twice in the past seven years, and it's not fun for anybody.

[cadduc]

r u working at axcelis in beverly

[Bones]

what is RIF?

[twinrider1]

RIF = Reduction In Force

Been through it in a couple of ways. First time it was our whole office closing. Next 2 times it was individuals. They both sucked. You gather around, they call each person into the office. When the person walks out you don't need to look at their face. You look at the envelope they're carrying; thin or thick. If it's thin, they're ok. It's a letter..."You have been retained." If it's thick, they're gone. It's all the separation paperwork.

Good luck.

[Franklin]

Damn! I've lived through that twice in the past seven years, and it's not fun for anybody.

for me 3x in 7 years. WTF?

Good luck!

[neil99]

No, Big Big Big telecom company.

r u working at axcelis in beverly

[neil99]

5 out of 13 gone, dodged a bullet.

Corporate America Sucks!

[MichaelThomas]

Reduction in Force man that's a mean sounding name. I got a call at my office today and the caller ID read: "Lethal Affairs" I didn't pick up, it sounded so scary lol I wonder if it's the same thing different name.

[jamess]

Sounds like you made it through. Congratulations on the dodge.

[pfflam]

How much would the company save if this RIF man's job were done properly by the person overseeing your area.

. . . man what happened to the idea of company solidarity?!

I think that there are two things that are eating away at the American business environment (two that I can mention here without an infraction)

One: is the notion that CEOs and company administration get compensation via stock options - this creates an environment where the bottom line for a Company is immediate return, not on the long term strength of their product, not on the quality of the goods/services, but on the, very often inflated, idea of the stock value . . . so that is what the CEO/boss works for: inflated stock-value. In effect, it means they are not really working for the strength of the company, which would mean sustained strength, but are concerned merely with stock-price peaks. It is no longer the case that stock-value mirrors the value of the goods/services provided, and this dynamic (stock-options) is part of that equation.

Two: CEOs and management that are taken from the corporate pool of CEO/management 'abilities' pool of 'talent', rather than taken from the industry itself. A company should have someone who knows the business from the lowliest machine up to management, controlling its innards as well as its outward face, not some semi-famous fund-manager who is busier worrying about 'share-holder' impressions than the reality of the product. People who care about the latter are the types that hire RIF men to come in with hatchets so that they can report to the share-holders and get a short-term bump in stock-value.

. . the whole Biz culture is ill and needs some depth-cleaning . . .

[Ed Packer]

How much would the company save if this RIF man's job were done properly by the person overseeing your area.

. . . man what happened to the idea of company solidarity?!

I think that there are two things that are eating away at the American business environment (two that I can mention here without an infraction)

One: is the notion that CEOs and company administration get compensation via stock options - this creates an environment where the bottom line for a Company is immediate return, not on the long term strength of their product, not on the quality of the goods/services, but on the, very often inflated, idea of the stock value . . . so that is what the CEO/boss works for: inflated stock-value. In effect, it means they are not really working for the strength of the company, which would mean sustained strength, but are concerned merely with stock-price peaks. It is no longer the case that stock-value mirrors the value of the goods/services provided, and this dynamic (stock-options) is part of that equation.

Two: CEOs and management that are taken from the corporate pool of CEO/management 'abilities' pool of 'talent', rather than taken from the industry itself. A company should have someone who knows the business from the lowliest machine up to management, controlling its innards as well as its outward face, not some semi-famous fund-manager who is busier worrying about 'share-holder' impressions than the reality of the product. People who care about the latter are the types that hire RIF men to come in with hatchets so that they can report to the share-holders and get a short-term bump in stock-value.

. . the whole Biz culture is ill and needs some depth-cleaning . . .

32 years in the corporate minefield - you got it right.

[crosse79]

Man ... in a way I feel bad - but also glad that it wasn't you.

[HeeHaw]

I work for the state so usually everyone is on a fairly level playing ground as far as raises ect. Everyone gets the same thing. Still, you'd be amazed at the people that will cut your throat while your head is turned. I've never seen so many drama queens in my whole life.:messedup

[Droptop]

I was in Telecom for many years and lived through countless RIFs. The classiet act was AT&T Wireless. When they "moved" our functions to the west coast a majority of us got decent severance packages. All of my friends were able to land good jobs afterwards...even in a recession.

[myanocsk]

sometimes it always felt like being the one to survive didn't feel like survival at all.