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Helpful (3)

Massive IT Layoff

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - IT Professional in Portland, OR
Current Employee - IT Professional in Portland, OR

I have been working at The Standard

Doesn't Recommend
Disapproves of CEO
Doesn't Recommend
Disapproves of CEO

Pros

Nice location in Portland, Oregon. The company has matching for its employee-giving charity campaign. It is unfortunate this company has fallen so far as a place to work.

Cons

On May 19, 2011, The Standard laid off over 130 IT regular staff members out of approximately 300.

The news that layoffs were coming in favor of outsourcing to India was announced by the IT VP a few months ago. This layoff is ahead of the schedule previously announced by management to announce its first decision in June. More rounds of layoffs will occur throughout the rest of this calendar year. The intent to eliminate as many IT jobs as possible has been openly communicated.

Last quarter The Standard posted record profits.

Advice to Management

Shame on you. The Standard hurts not only the economic base of the United States, but outsourcing exploits the off-shore countries in question. The reason employees can be had for approximately $5000 per year is that benefits, safety standards, etc., don't exist there. The Standard is adding to a global problem in favor of its own short-term bottom line -- because this strategy is not going to pay in the end.

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  1. Helpful (4)

    Over worked and overwhelmed

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Portland, OR
    Current Employee - Anonymous Employee in Portland, OR

    I have been working at The Standard

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Wonderful co-workers. Commitment to community giving. Working toward going green. Shares in the cost of bus passes. Decent health benefits. Have passes to OMSI, zoo, etc available to employees.

    Cons

    Better hire on with a good salary, because you won't be getting any raises. unrealistic work loads mean long hours. Management makes decisions with no clear understanding of our deliverables, resulting in service failures. Outdated systems,

    Advice to Management

    Acknowledge that your front line employees might have some good insight as to what works and what doesn't, and provided a meaningful and safe environment for discussion (skip meetings that do not include middle management). Invest in your people, and they will invest in you. Every employee who works (unpaid) overtime to assure that the work is completed, is showing a level of commitment to The Standard that to date, has not returned.


  2. Helpful (1)

    Its been very good.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Cincinnati, OH
    Current Employee - Anonymous Employee in Cincinnati, OH

    I have been working at The Standard

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Great Learning Environment
    Good ability to move through the company
    Management is very open in sharing its plans for the future

    Cons

    Working responsibilities can be changed frequently
    Has several departments which can sometimes cause completion of a task to be slow

    Advice to Management

    The company is headed in the right direction but still has some work to do. My advice would be to keep doing what they are doing given we keep making great improvements each year.


There are newer employer reviews for The Standard
There are newer employer reviews for The Standard

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