OCTOBER 8, 2023 — APPROXIMATELY 1% BY THE END OF 2023.
In a company of 12,000 employees, that is about 120 employees.
According to a company statement, “Evolving our organizational structure and aligning the right talent to our core focus areas is always a priority for SAS. We explained earlier this year that as part of our normal business processes, we have been slowly shifting some divisional structures to better align with our corporate priorities.”
Rumors have the company looking for ap IPO in 2025 if the financial climate improves.
JULY 13, 2021 — DANGER AHEAD FOR SAS EMPLOYEES?
The financial press is reporting talks of a possible acquisition of SAS by Broadcom, a semiconductor chip maker and creator of enterprise software, for between $15 and $20 billion. If a formal offer is made and the sale closes, it is likely that SAS might see a pre-closing and post-closing reduction in force. Is the handwriting on the wall and can it be seen by SAS employees?
APRIL 1, 2021 — Original Post…
Cary, North Carolina-based SAS Institute, an iconic developer of specialized analytics software, has announced that it will continue re-balancing its workforce leading to layoffs in some operational groups.
A company spokesperson “Approximately 100 positions were phased out as a result of our ongoing digital transformation efforts and the reduced need for on-site support services, including housekeeping and in-person event support. Permanent changes to business operations, some directly related to the digital transformation of the business that was already in motion before the pandemic, affected several roles within the company.
"In addition to seeing increased demand for virtual events and education, we anticipate that many SAS employees will prefer to continue working from home or working in the office just a few days a week. These changes led to the difficult decision to reduce some positions that support events, training, and on-site operations.”
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. 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?
