>> When you see a voicemail (or tweet in case of Twitter) from HR around Friday afternoon/evening or early Monday morning.
Not quite - layoffs usually happen on Thursdays (so that any problems/issues can be sorted out on Friday), last week of the second to last month before the end of the fiscal year (so that severance pay is booked in this fiscal year), but never on a payday week (too much work for payroll).
Personal experience: when you are working late and you hear suspicious noises in the executive quarter. After arming yourself with a nice long bar of metal you come across the CFO who is hurriedly packing all the expensive computers into the back of his car. When confronted he offers to pay you your outstanding invoice cash in return for your silence...
I once got called at home the Monday after I'd left a company to hear that I'd been "laid off". The previous Friday had been my official last day (planned exit, I was going off to college), but I had banked a bunch of unused vacation days, and they were calling to let me know that they wouldn't be able to pay out the remainder of my vacation pay.
Much later, when I got into the workforce for real, I learned that I could've collected unemployment checks for this, and that if I'd played my cards right, I could've been drawing unemployment for my first year at college. Ah well - one of my coworkers told me "If you'd done that, I might have to hate you. Unemployment is for workers who need it, not college students who take a gap year at a dot-com."
Additionally, California has additional protections for workers, such as requiring immediate payment for all wages, including accrued vacation, upon termination: http://www.dir.ca.gov/dlse/faq_paydays.htm
It was Massachusetts. A number of people told me later that I could've collected, and a quick glance through Massachusett's Unemployment Insurance FAQ shows no mention of being a student other than UI not covering student work-study programs for financial aid:
I didn't because it never occurred to me - as far as I was concerned, I left my job normally to go to college and they just didn't pay out the vacation pay. I wasn't hurting for money then or now (I was still living with my parents at the time), so I don't really regret it, but it does appear to be a real, genuine loophole in the system.
Even worse, when I worked at "chip manufacturing plant", the construction crews would _regularly_ be laid off, unemployment would be drawn, then magically re-hired months later. Working the system...
Being a casualty in room A must be devastating. I've been a survivor in room B 3 times and each time I resented the turmoil of being happy for me and sad for them.
Company wide meeting called. Survivors were warned beforehand and told to sneak off to lunch. While in the meeting they locked us out of our computers.
For bonus points, do it on the 31st of the month so nobody has health care the next day.
Assuming you're in the US, that's not how healthcare works.
You'd still be covered by your current plan as part of the provisions of COBRA. You have 60 days to elect coverage, if you had a medical need at any point during that time, you could seek care immediately and then deal with the paperwork later.
If you get laid off today in the US, you have two full months to either 1) sign up via COBRA to stay on your old plan 2) sign up for a new individual plan or 3) start a new job and move to your new employers plan.
He probably means that healthcare coverage is typically through the end of the month. If you're planning on quitting, do it on the first day of the month so you have coverage before even needing to think about COBRA.
I mean each time, the survivors all do the "wow this sucks, but at least we made it" motions. Then a portion of them go grab a beer and inevitably talk about what a mistake it was to lose person X and the disbelief that useless person Y is still around. Then a portion of them talk about finding work at a better company.
The one time I did leave, I think the entire survivor group went through the above ritual. There was a lot of anecdotes revealed by various people that pretty much convinced everyone to leave before the next round.
I have a sample size of 3 so now idea how normal my experiences are.
When everything has been "We have to work really hard and long hours just to keep the startup alive!" (we were working 60+ hour weeks every week) and suddenly there's nothing to work on, and you're told you can take a few days off, and the boss is suddenly a lot harder to get ahold of (he worked in the parent office and came by to visit as much as possible).
...the next time you see your boss in person might be to tell you the apps he pretended were successful didn't actually make any money and he has to close the company down.
When you make a hotel reservation to go to a conference in three weeks (Nintendo conference in Los Angeles in my case) and the parent company calls and tells your boss "Wait! Don't make any travel plans! Also, we're going to visit in two weeks!"
....yeah, we basically twiddled our thumbs for two weeks until they came by to pack up our servers and fire everyone.
The one that got me, was the German company I was working for was bankrupted by the president of the company as a key sale of the software product fell through. He did it on December 23rd, before any of the directors could intervene (A quirk of german company law).
I found out on the phone on the 28th while back in the UK. Fun times.
So my contribution:
"When it appears the directors bet the company on a single sale and failed."
Honestly, I think that is what you heard down the grapevine. Sounds like a cover up for something much more heinous. Was this information public/private, how did you find out? (Not attacking your trust, just sounds a bit odd to me)
I flew back and collected my stuff, even going back to the office. The place was dead and I met with some of the people. They were in utter shock. Over 30 people's livelihoods destroyed.
Really terrible. Since working at a corporation, I no longer look at Dilbert comics the same way. Man, so much waste, so much lack of backbone, so many of the wrong people in the right positions. I'd really like to read a book that explains why almost every corporation, aside from maybe a select few, have the "oh-thats-just-a-quirk-of-XYZ-leave-it-alone-not-worth-getting-fired-over." You basically end up getting a workforce that does the bare minimum to say they are still working. I mean, I talked to my manager the other day, an abusive one at that, and I told him, just do it already, fucking fire me. But he says he can't. I will just be "purged" by the performance review process.. What a fucking joke.
When you're a contractor and a project you were working on gets cancelled internally, the only other developer leaves for greener pastures, and suddenly your boss takes an added interest in everything related to your work, and makes sure to get the passwords for various things.
... you might get a call as your driving home from work that day to tell you not to come in to work the next day because your contract has been terminated, and they'll ship your desk contents to you, eventually.
Or you get that call telling you not to come in the next day. Then a day later they call you telling you need to bring the computer back in right now.
What follows is a back and forth exchange of "I'll bring it in when I feel like." "That's unprofessional." "You mean unprofessional like having someone do something for you when you're not paying them or laying someone off by email unprofessional?"
A similar anecdote from one previous employer: at that company, we had a lot of remote B2B sales people all over the country and even one overseas. On rare occasions, there would be a sales meeting where all the sales people come in to meet with the top executives personally and discuss strategy.
Well, my first couple of years at the company, there was a sales meeting to coincide with the Christmas party. Basically, all of the sales people were flown in to attend the Christmas party and they justified it as a business expense by having a strategy meeting sometime that week. One year, that didn't happen. I mentioned offhand to somebody "too bad the sales guys couldn't make it", and I was outright told that they skipped out on the sales meeting to save money. So we had a Christmas party, but we cut back the invitations.
That was no surprise, given the events of the previous few months. They had been actively trying to shrink the company by attrition; i.e., letting employees quit and declining to hire a replacement. I also don't know anyone who got a raise that year. We ended up losing a lot of people just from that alone. They also fired a bunch of sales guys for underperforming and hired a bunch more who were almost exclusively paid on commission... and I'd heard that the CEO specifically intended to flood the company with commission-only sales hires because he didn't have to pay them more than peanuts unless they brought in money.
The next few months were brutal. January opened up with two executives being fired -- while the actual reasons for the firings were because of a power struggle, they weren't really replaced. One of them had his power distributed among the people who reported to him, and another was replaced by "promoting" multiple existing employees while still making them do their previous jobs. One of those was fired only a few days after being promoted, too. The next month, I was laid off. I heard through the grapevine that shortly after I was laid off, they laid off another guy and closed the entire India office, letting everyone go except one or two employees who were transferred to the home office.
When you get asked to wait two weeks because the main client hasn't paid yet because their assets aren't "liquid enough" (the client said that to everyone himself). And then they ask you to do it again a month later.
...you might get called in to be told the company can't afford you anymore and get laid off with two-thirds of the staff.
Executives leave the company, and their replacements have lesser titles and are existing employees who have to continue to do their existing jobs in addition to whatever function they absorbed. Bonus points if the executive's function gets divided up among multiple employees.
When higher ups who barely acknowledged your existence suddenly become very interested in your future availability.
Companies love to settle group layoffs in 1 swell swoop. My multi week vacation may have bought my team more time and more importantly another month of health insurance.
Also when external vendors start dropping hints to you that they haven't been paid for their previous invoice (and you are not responsible for finances).
I got hit by II, back in 2010. They hired an intern, asked me to train her... a month later, I was laid off.
Also, I knew a number of people who worked for a local video game company who got the axe after their paychecks had been late for a while. They were all complaining that they haven't been paid in about two months, and then one day the CEO calls people into his office one at a time... 11 people were let go that day. A bunch more got the axe about a month later. They weren't a big company. It took a while for them to get their final paychecks, and I think that was only because a couple of them threatened to sue.
(edit: just to make this clear, I didn't work at that video game company, but several friends of mine did, and I got to hear the stories)
It wasn't. The company I'm talking about was based in a suburb of Dallas and only had the one office. In fact, I believe that after the layoffs they actually got rid of their office for a while and worked out of the CEO's house for a bit before they could afford to rent space again.
Much smaller and lower-profile than Crytek, though they still have their own Wikipedia article.
By the way, even before the layoffs, the CEO was notorious for firing anyone he felt had a "bad attitude", including a world-renowned living legend of a developer who was suffering from severe depression and had been previously hospitalized for a suicide attempt.
He was known for working his employees to the bone, developers regularly slept at the office, and the company was a caricature of every overtime-happy game developer. One of my friends took up smoking and was addicted for a few years because the only way she was allowed to leave her desk was to go on a smoke break and sitting in one place for so long was getting physically painful. They also had a policy where no matter how late you stayed the previous night, even if you were there until 3am, you had to be in by 10am the next day or they'd dock you a vacation day.
There was this one time that I suggested cross-training to reduce the bus factor, and management went with it. I was being sincere, but I have to admit that it was amusing watching everyone think they were going to be laid off when we implemented it.
I am big on cross-training to avoid the bus factor! But everyone gets paranoid, the problem is it needs to be ingrained in the culture to thats "what you do" and not have it just pop up all of a sudden, thats what gives people trepidation.
Just literally had this happen to me with our HR/Accounting Department, with a subtitle of "We want to understand what you do around here." Visons of Office Space are dancing in my head.
At that company, the passes were only for use after hours and on weekends; the doors were unlocked during business hours on weekdays. About a month before I was laid off, there were a couple of high-profile firings (first the VP of Engineering, then the Director of QA/IT/the India office a week later), and the CEO put in a new policy that whenever someone is let go, the doors are to be locked for a week or two so we'll actually need to use our passes to get in. This was to prevent the fired employees from coming back in and stealing or vandalizing or what have you, especially since they knew where the bodies were buried.
Well, the day I got laid off, the doors were locked. I wasn't even a high-level employee! I kinda knew where some of the bodies were buried though... I was one of the few people outside IT with admin access to certain servers. I didn't even think anything of it until my boss called me into his office... where the CFO was waiting with a paper that had "CERTIFICATE OF TERMINATION" in big letters at the top.
When the Director/VP/Head says "even though the market has turned, we have _no_ plans to lay people off"
When you receive a notification that your <enter company's source control> privileges have been revoked.
When you see a voicemail (or tweet in case of Twitter) from HR around Friday afternoon/evening or early Monday morning.
When you apply for vacation but the request is denied for unspecified reasons ("We may need you here during that period").
When your manager keeps postponing your ++year() roadmap meeting requests.