U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > San Antonio
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply Start New Thread
 
Old 04-14-2009, 05:54 PM
 
Location: South Side
3,705 posts, read 5,078,261 times
Reputation: 2758

Advertisements

Quote:
Originally Posted by V3rtigo View Post
why would you pick the same letter twice?
I wasnt sure what a "layof" was......
Reply With Quote Quick reply to this message

 
Old 04-14-2009, 05:57 PM
 
1,131 posts, read 830,663 times
Reputation: 493
Quote:
Originally Posted by V3rtigo View Post
i'm sure it is. ive provided enough links that people can come up with their own conclusions. youre nobody that i need to answer to.
No one says you have to answer to anyone but public opinion will decide that you're full o'stuff when it comes to what you're saying.

All you've provided was a article that states USAA layoff 1,400 people in 2001.

Awesome show. Great job!
Reply With Quote Quick reply to this message
 
Old 04-14-2009, 06:05 PM
 
1,729 posts, read 2,534,255 times
Reputation: 730
Quote:
correction:
USAA relocating/buying out 1100 employees in other cities. 250-1000 will be relocated here. this is not a sign of strength and nothing to be excited about. this also means no new hirings here in SA, only relocations. once relocated, they will probably get 6 months before they are terminated as well, as per USAA standard operating procedure.
Quote:
Originally Posted by V3rtigo View Post
that's what usaa did the last time they relocated people. it's an effective practice they use to limit their severance payouts. those people relocating here will need housing, food, etc. until they are terminated, which will mean more people on unemployment, more foreclosures, etc.

for example, earlier this decade, they relocated 1300+ people, then had 1400+ layoffs in san antonio. this is also when usaa brought on 1000+ indian contactors.
I guess I don't understand what is accomplished by relocating employees, and then terminating them shortly afterwards. If a two-week-salary-per-year-of-service severance payout policy is what is holding them back, then why wouldn't USAA just rescind the policy?

Even if it is in writing, employers can change or cancel a severance policy. I know; I worked for a company that did just that. They canceled a long standing written severance policy, then eliminated 25% of the workforce without a severance payout after the effective date of the change.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $84,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > San Antonio
Similar Threads

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top