The company I worked for told some of us two or three years ago that we’d be laid off. They offered us “retention bonuses” if we didn’t quit until that time. While we weren’t too keen on the layoffs, we did appreciate the advanced warning which gave us time to prepare. As it turned out, only a couple of people were laid off and the rest of us got half our retention bonuses (which were to be part of the layoff package) anyway.
Fast forward to September 2003. We had had a new president and VP for a couple of months. An entire section of our department was laid off. Suddenly. People who had no reason to believe they would be laid off were not prepared for it. There were many tears.
The rest of us waited for the other boot to drop. We were told that we were okay. When it was brought up to the new manager that morale had plummeted and that we “knew” more layoffs were coming, we were met with incredulous looks and “Why would you think that? Don’t worry.”
October 7th 2003. We had an all-hands meeting where the president of the North American operations congratulated us all on a job well done, and he told us how much our revenues had grown in the last quarter. Things are looking up.
October 8th 2003. Eight more of us were suddenly laid off as we arrived for work in the morning.
As you all know, I was in the process of buying a house. I had just bought a new motorcycle in July. If we had been given advanced notice of our layoffs, I would not have bought the bike. I would have tried to close the house more quickly and I would not have taken a week off to go kayaking in Canada. It would have been much better for all of us if we had known.
And it wasn’t as if it was not known that we would be laid off. The new manager knew it before she even accepted the position. When asked directly if there would be more layoffs, she lied. In the previous situation, where we knew it was coming (but it didn’t), we could prepare. When we were laid off without warning, plans that people make in their lives were thrown asunder. It’s much better for the employees to be told as long beforehand as possible. After all, we were all professionals.
There is a rumour that the remainder of the old crew will be gone in April. The VP has a reputation of getting rid of people and bringing in her own crew. When one person served his notice that he was going back to his old division, he was asked if he would consider staying on “just until April”. That seems to confirm the rumour. My friend who is still there is disgusted by the behaviour of the management team. She’d really like to quit. But she says she’ll be damned if after 24 years she’s going to leave without here severence package. (A note to our European Dopers: You will find severence packages to be rather paltry, even though here in the States a week’s pay for every year of service completed is considered very, very generous. FWIW, I got nine week’s pay. Nearly half of it was taken away in the form of withholding taxes.)
So yes; tell your co-workers.