#company

Did anyone receive a copy of the benefits book in the mail even though they didn't request it? What's up with that?

Looks like Tara is out unceremoniously. No ‘pursuing other opportunities’ or other corporate speak just ‘bye Felicia’.

Who’s got the inside scoop?

Citi will be next to announce a 5 day RTO model. Almost certain the announcement will happen by July.

Good luck all. Doesn't it just make you sick that our CEO got a 30 million bonus but people still keep getting laid off? Makes me feel gross to work for this company.

Xerox is in the process of being sold.

Woodlands or Denver? Who’ll be left, reorganized, stressed waiting for the next hit?

Nvidia has reportedly spent more than a year exploring a deal for a large PC-focused company that it believes could reshape the PC and Server landscape!

This is a company that is slowly losing its identity. Rent-A-Center is now forcing their employees into becoming a Amazon drop off hub. This a desperation move to attempt new blood into Rent-A-Center. This means additional responsibilities for employees without any additional pay. So on top of begging clients to buy something, chasing after past due clients that just hide behind their doors, employees are expected to ship out a unrelated companies packages. Is it even Rent-A-Center anymore or just a company on life support?

Does anyone know how to over ride the stupid background picture of the USB stadium?
Seems management locked the settings.

What’s up with word floating around that the in office requirement is being updated to 9 hours for the day to count?

Heard a rumor it is higher for some teams versus others this year? e.g. EMTECH?

Which division under Baker Hughes would you say is the safest from layoffs?

Which division do you think will get hit the hardest?

The company as a whole seems to be in a downsizing strategy? Or do you see some areas with growth/increased hiring?

it is too big. Too bloated. Too bureaucratic.

I don't think EH can turn this big ship without grounding it.
Not even his Grandma can turn Nike around.

MP just rode the ride and let it get big.
JD drove this 18 wheeler to the ditch.
EH cannot pull it out the ditch nor has ability to pull it out.

Since you cannot turn around HMS Titanic in this harbor, the only solution is to cut the company into different pieces and run it separately and make it more aggressive.

Intel’s influence has quietly spread through Lenovo, specifically within IDG. There has been a clear shift in how things operate, and it is becoming harder to ignore. Leadership influence there now appears closely tied to Intel, and it shows in the decisions being made.
There is a strong sense of internal favoritism around that group. The same people continue to support each other, even when results are poor. At some point, it no longer looks like cohesion and starts to look like a lack of accountability.
The impact is obvious. Execution feels slower, more layered, and less effective. Energy is lower, confidence is slipping, and it is being noticed. It no longer feels like the same organization in that part of the business.

The network is being allowed to degrade while sociopath's are filling their pockets. US middle class is being gutted.... Way to go bootlicking middle and upper management!

The SUPER TOP SECRET ULTRA SECRET NDA project that everyone knows about called Maverick is getting close to it's official "roll out" live day and it's so far from ready that it's comical.

Sadly, many of you - specifically sales, ISG/CSG - are going to have the misfortune of "testing" it out. I know nothing about what these new tools are, what they are replacing (apparently DOMS is being "replaced" but that's been said for the last 20 years LOL) but I will say that you are all in for a horrible time when it goes live.

I think the deadline/go live date is mid May and so much of it is STILL being tested right now. Keep in mind the OG "go live date" was in February...

Godspeed my friends.

No surprises. Identical thing happened to Radio Shack, it’s like a rerun of a train wreck in slow motion.
Everyone thought it would be okay.
Didn’t turn out so well. Especially if you had a battery of the month club card. Not good.

It's a torture device that ends one way - you getting shown the door. PIPs have been used as an excuse to purge people for years, now they're just cranking it up. My advice is to play along, put zero effort into "improving," and spend every ounce of energy job hunting. XOM isn't the greatest company on earth. There are plenty of better places, smaller ones, often, that actually value their people.

They've got us stressed out constantly. No breaks, no rest, no relief. This company has completely taken over our lives.

If they've botched this single issue so thoroughly, is it any surprise the whole business feels like it's about to tip over?

It seems like prime real estate for a few divisions. Or are they just going to demolish it all? They wouldn’t sell it to Solventum. Supposedly they tried to buy it but 3M’s price was far too high.

What kind of company changes rules and then publishes bad data based on those changes? If I can't trust the data now then why should I trust it next month?

I have heard recently that all those who have "Needs significant improvement" in past 4-5 years will be terminated.

Has anyone heard about this? Like what the fu-k imperial was so understaffed with people working in stress.
This company only looks after the baseline.

This week’s announcement has serious implications and indicates the company is moving towards elimination of the pension. You could have worked for decades and be days away from receiving your pension at 55 and lose it all under the new system. If you are staying for the pension and it is what is keeping you here I recommend you think hard and critically on what the chances are that you actually receive a pension. Clearly Darren wants it gone. Executives have their huge pile of RSUs and the pension means very little to them. They would like to eliminate the pension so the stock pops higher.

OLD SYSTEM
If are NRE and placed in NSI:

• you are put on a DPC. You cannot fail the DPC. Basically you couldn’t be fired for “low performance” if NRE

If you were not NRE and placed in NSI:

• if 3 times in last 5 years you have been NSI you were mandatory to be fired (PIL)
• else if you are NSI you could choose between PIP and PIL
• if you failed the PIP you were fired

NEW SYSTEM after 2026
NRE and DPC eliminated from policy. You can be fired for “low performance” even if you have worked successfully at the company for decades and are just a few months or days from reaching 55 when you would be eligible for retirement. You can lose it all.
If you are placed in NSI:

• if 2 times in last 5 years you have been NSI you are mandatory to be fired (PIL)
• else you can choose between PIP and PIL
• if you fail the PIP you are fired

NEW SYSTEM IN 2026 ONLY
NRE and DPC eliminated from policy but if you are NRE and NSI then PIP will be offered and if you don’t pass you will be fired. You can also just take the PIL.
If you are placed in NSI:

• if NOT NRE, NSI at any time in last 4 years, and NSI in 2026 you are mandatory to be fired (PIL)
• else if NSI you can choose between PIP and PIL
• if you fail the PIP you are fired

https://www.thelayoff.com/t/1kjtpebnk

March it was $215

Now it is $179.49

A superior brand of long ago - now dead

Here’s our estimates on Walmart layoff activity for the next several months based on data we’ve collected. Some dates are specific and some are general. That’s due to business intelligence that either stands out, or, doesn’t stand out.

Here’s some facts that drive our estimates this time:

• April through August are traditionally high layoff times for Walmart
• Imbedded quiet days in April/May to allow for Q1 End, Q1 Reporting and Memorial Day.
• Project and budget reviews reveal considerable expense and capital saving opportunities do exist
• New capital projects to support AI are under consideration, including some eye popping infrastructure projects. All these projects will need to be funded
• There’s a considerable amount of tech outsourcing available (at favorable rates) to assume and run current systems
• Renewed focus on removing shadow IT projects and resources across the enterprise

Here’s our take on dates:

• [ ] 4/13 thru 4/28 increases to 70% likelihood of layoffs
• [ ] 5/6 thru 6/25 100% likelihood
• [ ] 6/30 thru 7/28 90% likelihood
• [ ] 8/4 thru 8/27 90% likelihood

Don’t agree? Tell us why.

Is the dilemma and misery coming to an end?

AI is just the excuse they hide behind, ridiculous as it may sound.

Jon Freier, Mike Katz, Deanne King, Jeff Simon, and of course, that loser at the top of the company.

Make sure this article gets shared far and wide.

“T-Mobile Faces Backlash After Axing US Jobs Amid Global Expansion Push Under New Indian CEO”

https://www.ibtimes.co.uk/t-mobile-layoffs-cost-cutting-backlash-1790401

Are layoffs still happening this month?

There’s a poll floating around what’s the worst job at Dell? Not lowest pay just the most thankless, grind it out, low impact role. The one nobody really wants to admit they’ve had.

While scheduling a meeting I noticed some coworkers’ roles had that string added to their role. Does anyone here know what it means?

Final date is 04/27/2026. Not all details have been published yet.

Great job to the FIS executive team, looking straight at you, VP Ian McCoy! Be sure to give notes to the Sales Team to sell this success to future clients! Let them know all of the steps that FIS took to achieve this result.

There are still legacy FT employees not hired back. All of that tenured talent wasted right down the drain.

A lot of people who were not here ask how was EJ different pre-2019. A few callouts:

• JW cut $100M+ out of the budget to avoid layoffs during the ‘08-‘09 crisis. PP wants to layoff home office associates to capture millions in what she sees as “expenses”.

• JW’s agenda was the field, home office, and client. PP’s agenda was her legacy but now that she has bitten the hand that feeds her (the field) and has bitten the hand that pet her (the home office/CSTs) now her agenda is retribution.

Besides her animosity geared towards associates who did not fit her political and social beliefs, she now despises everyone.

Pre 2019 there was a saying, “You think and act different when you’re a partner”. I haven’t heard that mantra in 7 years as it went out the window with her mandates and the people she has brought in along with the leaders hired in the lower ranks. The reason her door mimics her FA door from Michigan is because the name on the door is the only name that matters to her.

I've heard anyone who manages people is going remote.

Share price still falling, revenues down SLT terrible from the top to bottom, especially corporates. Not even in the top 3 legal AI, CoCounsel not had the right vision, stand alone product the trying to link it with everything, clients just not buying it literally. When wil the board step in and purge the lot of them?

We’re eliminating a lot of people. The round of layoffs like always are getting swept under the rug. We’re just expected to keep our heads down and focus on generating more revenue.