Marsh Risk reviews about "layoff"

Company changing from traditional cubicles to desk-only work spaces which are very cramped that provides no privacy or sufficient space for files and notes. It appears that layoffs are part of their typical business model. Layoffs happen without warning to protect their client data, but the laid-off employee can lose a great deal of valuable notes and data acquired while performing their duties. The company is so large that it is not agile as it should be and it allows for bad managers to have a safe haven to hide. A number of managers are not good and obviously got their jobs because of who they knew and not what they knew. Some of the managers and employees acted like prima donnas. May not be a good place for young professionals to work unless they know what they want and know how to get it.

- Company promised that layoffs wouldn't happen during Covid in 2020. Not even a year later lay offs happened in exchange for more employees in India. - Questionable reasons of termination of employees. - Disorganization is rampant in some departments. - Constant promises not being fulfilled.

-Long-term compensation. Negotiate well before accepting an offer. -Too many legacy systems and archaic processes. -Company lacks a consistent training and onboarding process for new hires. -Certain departments are not adequately staffed. -Depending on which department you work for, mid-career employees might feel like underappreciated assets.

Frequent layoffs, endless pay freezes, senior management gets large bonuses but other employees get nothing unless you know someone. The company wastes money on endless fashionable management initiatives and rebranding but will not spend a penny on infrastructure applications. The bureaucracy can make you crazy. Women and minorities do not get promoted. There is absolutely no training and virtually no career path.

Change in strategy in New York doesn't filter down to the lower levels, until it is too late. I believe our department was set up until the technology became available to do our job at lower cost, and then we were let go. I have a good idea that was the strategy from the get-go.