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Comments (2)
The hiring freeze is definitely the canary in the coal mine. We’ve been hearing the exact same 'streamlining' talk in our OpCo, and it’s always code for trimming the fat before the fiscal year ends. Don't expect any straight answers from management until the paperwork is already signed. If your department has been quiet on the product front, I’d suggest updating your resume now rather than waiting for the Q4 announcement to drop.
I wouldn't panic just yet. Fortive loves their buzzwords, and 'efficiency' is practically their native language regardless of whether there's a real threat of layoffs. While the hiring freeze is annoying, it’s also standard practice to tighten the belt before the new budget cycle kicks in. It’s likely just routine end-of-year housekeeping to hit those margin targets for the street. Just keep your head down and focus on your current projects until you hear something concrete from HR.