Thread: NetJets Layoff
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Old June 29th 06, 11:27 PM posted to rec.aviation.piloting
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Default NetJets Layoff


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oups.com...
NetJets laid off an undisclosed number of employees yesterday in at
least the Ohio offices.

The employees (some as long as seven years) arrived at work yesterday
and were called into meetings where they were told their positions no
longer existed, their benefits end on Friday (June 30th), given a
document outlining the terms of their 'voluntary resignation', and
given an hour to remove their personal property. Two I spoke to said
they were not even assisted removing their belongings, or provided with
boxes/carts or anything. Their access badges were taken, so it was a
one trip deal.

I've seen people fired for 'just cause' get better treatment than these
'voluntary resignees' received.

Perhaps with Warren Buffet's recent donation to the Gate's Foundation,
he has lost concern for his human resources. But then again, they are
voluntarily resigning, so it's not really a layoff, right?


My employer is 100% owned by Berkshire and I can tell you that Buffet and/or
Berkshire is extremely hands-off on daily operational matters and policies.
Fundamentally, Berkshire expects its divisions to obey all legal
requirements, provide certain report to corporate HQ, and generate at least
a certain return on assets. That is slightly oversimplified, but the bottom
line is that senior management of the various business units have
near-autonomy in handling daily operations and making strategic decisions
for their businesses. It is doubtful that Berkshire has any knowledge of
how the release of these employees was handled.

KB