this post was submitted on 25 Jun 2023
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My employer recently announced plans to lay off much of their Finance department and outsource their work to a remote team based in Delhi. Basically means I'll be made redundant within the next 6 months.
Why are they doing this? Because they're having problems attracting and retaining staff.
This may be a shocker, but nobody wants to come into the office three days a week, work in an incredibly stressful high-volume transactional finance role, deal with shoddy systems which frequently crash, end up shackled to a lengthy notice period, and have 30% of their calendar year blocked for taking annual leave - all on low pay that isn't competitive.
I work in Purchase Ledger and my team alone has suffered from a 95% employee turnover rate. The only reason I haven't walked yet is because the severance package is actually quite generous.