Thread regarding Symantec Corp. layoffs


Symantec Springfield Layoffs 2018

Can someone summarize for us what's going on here as it relates to Symantec Springfield Layoffs 2018 and beyond? Anyone has more details?

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Symantec continues to deceive it's way to glory.. With layoffs taking place in small increments as to not draw attention to local, state and federal agencies and council groups. This prevents media attention and economic hysteria for locals and prevents any possible fines.. There is a "For Sale" sign in front of the Springfield location today.. They continue to treat employees as a entitlement instead of an asset, with unclear and incorrect statements of a "plan" for their future position, with then endless changes that have taken place over the last 5 years.. The Springfield location employed up to 1900 people 3 or 4 years ago, and is now down to under 300. They are telling people they have the option of a remote position, yet cut those same remote workers 3 to 4 weeks later.. It's sickening what this company gets away with and unsettling for the damage they cause by giving false hope and incorrect information to those still left behind and employed at the Springfield location.. It's disgusting.. The impact of these cuts, will have a dramatic trickle down effect on the local economy, yet they continue to be praised for the efforts they make to provide jobs here?... Absolutely ridiculous..

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Fairly inaccurate statement from "Silicon Valley Consultant". For one, the Springfield, OR campus is not a call center. Only about 10% of the employees in that center are devoted to phone support and services. The rest range from engineers to enterprise sales divisions. Anyone that thinks a "call center" agent for a premier US based security software company is easily replaced without considering training costs, attrition, and washout is not packing a very good degree....if even one at all. Transference of skilled and proven staff trumps training the unknown entity of the new hire everyday. If Symantec takes that route and goes with new hiring, expect their stock to get downgraded to sell as they struggle to regain footing instead of a seamless production transition.

The Lifelock acquisition, and subsequent restructuring of that absorption, coupled with the removal of job redundancy across the whole company, is what is driving this round of layoffs. Add to that Symantecs desire to be out of the real estate business and more about leasing property versus owning it, the Springfield site has been a target for 2 years.

Many employees will go remote with end dates around March 1st. Transfers internally will be offered, but relocation packages may or may not be on the table. Depends on how narrow and shortsighted Symantec plays this. If it costs me as much to train a new hire up to speed as it does to relocate a proven commodity, well....that choice is obvious. Better to buy what I already have in my hand.

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Beginning in 2014 when Symantec announced it would split, planning began to cut costs each year out to 2018 which included downsizing layoffs. Combined with Symantec's quarter losses, those financial dynamics compounded Symantec's decision to downsize moreso. The Springfield Oregon campus is a call center, which is highly expendable due to its nature to quickly dispose and hire untrained employees in moments notice.

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