u/BasisPuzzleheaded161

Friend put on PIP - What does this mean?

My friend’s company laid off a lot of people due to a restructure. She survived but was moved to a different team in a different role under a new manager. Now six months later, they put her on PIP. She had never had a bad performance ever. They are setting ridiculously high expectations for her to address in a short period of time.

I think they just want her out but not pay her. My suggestion to her is to take very long stress leave and apply for jobs like crazy. Or resign so she doesn’t have a bad termination record. I also asked her to talk to an employment lawyer. I don’t think she will survive this PIP.

Anyone has experience with this? She has no chance right? What else should she do?

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▲ 28 r/ASX

CSL shares below $100, are we at acquisition territory yet?

I have held my shares with CSL for a long time and they are bleeding me. Is there any chance of the shares ever rising again or are we at acquisition territory?

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u/BasisPuzzleheaded161 — 3 days ago
▲ 185 r/auscorp

I got made redundant this year. Was at the company for close to 5 years.

I took 2 weeks off and then went straight into job searching. I have been

- updating my LinkedIn and CV

- having chats with contacts to try and find hidden job market

- applying for advertised positions, both short and long term roles

However, I have been getting declines for roles that I was a perfect fit, if I get an outcome at all, and people told me over coffee chats that they are not looking to hire because of economy uncertainty.

Anyone got made redundant and later found jobs in the last 1-2 years? I am trying to understand if I should do something differently. Due to circumstance, I am the only person working in my household but I do have maybe 6 months runway. Any advise or support is very much welcomed.

Updates: Role - Business Development. Field - Healthcare/Biotech, but happy to move to different fields

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u/BasisPuzzleheaded161 — 11 days ago
▲ 109 r/aussie

Young Aussies won't end up worse off than their parents, but they'll have to be patient, research suggests https://www.9news.com.au/national/young-aussies-wont-end-up-worse-than-their-parents-but-theres-a-major-catch-intergenerational-equity/bba52392-97f3-45ea-b4b4-ba420f9b2102

How awful that young people be asked to patiently wait for their family’s death for “inheritance boom”! They should have the right environment to be able to work hard and accumulate wealth themselves so that they may live well. I know so many hard working people who are doing it tough in this economy. The idea they need to wait for a previous generation to die so they may live is horrendous!

u/BasisPuzzleheaded161 — 15 days ago