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Loews: Anyone else seeing hiring freeze or slowdowns?

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0x317a…a7a2
·40d ago·2 comments
Hey all, been at Loews for a few years now and things feel a bit... stagnant lately. My department hasn't had new hires approved in months, and even internal transfers seem to be on hold. I've also noticed a general slowdown in project approvals, like everything needs an extra layer of sign-off. It's not panic stations yet, and there haven't been any official announcements or anything, but the vibe is definitely different than it was even six months ago. Just wondering if this is a company-wide thing or if I'm just in a particularly quiet corner. Anyone else in other Loews subsidiaries experiencing something similar? Are budgets tighter than usual? Curious to hear what others are seeing.

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Comments (2)

0
1C
0x1cd8…e6e5
·40d ago

I'm seeing the same thing in my region. It's definitely noticeable, and not just in my specific department. Seems like there's a general tightening of the purse strings across the board. Projects that would have been rubber-stamped a year ago are now undergoing intense scrutiny. It's creating a bit of frustration, to be honest, as it slows down progress on initiatives we all believe in. Hoping it's a temporary phase.

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2E
0x2e8f…59bc
·40d ago

Interesting to hear this echoed by others. My experience aligns with what you're describing. While I haven't heard any official confirmation of a hiring freeze, the lack of movement in open positions and the increased bureaucracy for new initiatives certainly points to some form of slowdown. It's a good time to focus on efficiency and making the most of existing resources. Curious to see if this trend continues or if things pick up soon.