LAYOFFS: NO LOVE AT CBRE (02/19/21)

Am I Next? CBRE layoffs in New York technology group.

FEBRUARY 19, 2021 — 193 LAYOFFS IN DALLAS, TEXAS WITH SOME OUTSOURCING

The company has announced plans to lay off 193 finance department employees from its Dallas, Texas office between April 30, 2021, and June 30, 2021.

According to a company spokesperson, "We are realigning a business support function within our finance organization, where work currently performed by certain Dallas-based roles will be assigned to teams in other parts of the organization and to third-party service providers."

MARCH 9, 2020 — Original post…

Los Angeles, California-based CBRE Group, an American commercial real estate services and investment firm, has announced that it will be restructuring its Digital & Technology team which builds applications for the commercial real estate market. Applications include office sizing and allocation, space planning, modeling, and location services along with in-house projects and support. The restructuring will impact 40 software engineers located in New York City, New York, and commence on May 22, 2020.

According to a company spokesperson, “Most of the software engineering work associated with these efforts is being performed from our central hub in Dallas as well as other regional hubs around the world. While we require fewer software engineers in New York, we will continue to have D&T professionals there, including our D&T leaders for Hana and Advisory & Transaction Services. We are working closely with our affected colleagues as they transition out of CBRE over the next several months.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?