Retail Corporate, dramatic Reduction 4QFY15 - Present
Sr. IT Architect (Former Employee) – 350 Hudson, 5FLR, New York, NY 10014 – April 13, 2016
My first year, I'd consulted through a W2 recruiter.
The second year, I was persuaded to join full time,
The third year, I was allowed 401K with 100% vestment to 5%, plus 125% of my bonus, having exceeded performance.
At the end of the third year 12/31/15, there were a bunch of layoffs in the IT and Finance space.
My department, IT Solutions Architecture, all three staff eventually were completely laid off, by 12/31/16. The work and operations were left with Operations and vendor SOW's, and projects had already been frozen on 11/15/15, do to the holiday retail IT freeze.
Retail sales as a whole became flat in FY15, and were not healed during the holiday season. In fact retail sales continue to be flat, as earnings season reports 1QFY16, and the outlook for 2QFY16 in unlikely for growth or EBITA improvement.
The IT technology was cutting edge, operating across several cloud solutions, globally, werein I was the IT Architect for each solution.
State of the Art Technology Deployment, Casual dress, Summer 1/2 Fridays.
Job security, even at the exceeds expectations level, isn't there.