JULY 8, 2023 — 2,000 LAYOFFS IN THE SECOND ROUND, IMPACTING 6.5% OF THE WORKFORCE
According to a company spokesperson, "Amdocs, like other leading global companies, continually assesses the global macroeconomic conditions and takes appropriate measures to ensure sustained growth. As part of this, we periodically initiate efficiency processes while maintaining investments in areas of growth, in line with our strategic plan."
JANUARY 16, 2023 — Original post…
Chesterfield, Missouri-based Amdocs, a communications company specializing in software and services for communications, media, and financial services providers, has announced a reduction in force.
The personnel realignment will impact 3% of the company's workforce and result in 700 layoffs.
According to a company spokesperson, “Amdocs is a sturdy company, undergoing continued growth and with a strong forecast going forward. Even so, out of responsibility and awareness of what is happening in the world, we are required to take actions to maximize our flexibility and efficiency and are doing so carefully and moderately, including reducing the global workforce by between 2%-3%.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?