Pros
Pros: The CEO seems to be getting something out of all of this. Good for him.
Cons
The company deliberately deviates from many of the established business practices that one would expect from a large corporation such as this one. ODDLY, they seem to prefer temporary workers with no experience to do a file processing frenzy and let them go after one year. They just cut everyone off within a year and ghost them, threatening collections if they don’t send back their equipment immediately! So shady. Why don’t they consider rebranding as a temp agency for mortgage rather than pretending to hire full timers and give them benefits, only to do mass layoffs several times per year? That would at least be honest. Don’t lie to people who are expecting to stay full time when they’re planning to lay them off in a year! Myself and several good people left management careers because we were proactively recruited by GR— only to be quickly discarded! And instead of recognizing and valuing the talented people you do have, you just cut them off. What is the reason that GR does not want people hanging around here? Everyone knows it is cheaper to retain your employees than to be a revolving door. That’s a red flag. Anyway, when you do get laid off, they will deliberately pay you your last PTO, bonus and severance in small chunks that are over the weekly benefit amount in your state, knowing full well that if they space it out you cannot claim unemployment. You will have a new job by the time those three measly payments have all been sent out. They know you’ll withdraw your mandatory 401k instead. They are calculated. No one in the group I worked with was able to draw unemployment because of this. My entire department was randomly dissolved, but no one bothered to notify or invite everyone to the mass layoff call. Lastly, the outplacement program is a joke. Everyone I know who got laid off tried contacting outplacement. They didn’t bother to respond AT ALL. Do they need to adjust their e-mail settings or check their spam folder? Seems odd. You’re on here promoting it like it is a real thing. Somehow, they did happen to choose me as one of the few individuals to get a call back. Two weeks after I emailed them, they emailed me asking for my resume (which I had already sent to them on the first day I was laid off). HR called to tell me snidely that my resume was not doing me any favors. But yet when you said that, I already had multiple job offers, so I’m thinking it did me a few favors. You and your company did me none other than kicking me while I was down. HR/Outplacement is SO out of touch and the entire company is a complete waste of everyone’s time and energy. They should become a temp agency for mortgage which is exactly what they are. Stop recruiting highly qualified candidates and then cutting them off midday with a threat to return laptops or be sent to collections. You lay people off and then you call just to tell them that their resumes aren’t top notch. FYI lady, I was busy mailing back my computer so I don’t get nickled and dimed for that by your greedy company, all while praying I can still provide a roof over my kid’s head and something to eat while without pay. Will it be Spaghettios or Kraft on sale this week? I’ve gotta plan that out first and foremost. Sorry for YOUR inconvenience.
