#impact

Squad lead here

Long time fidelity. Got 12 months severance, holidays paid out to cash and prorated bonus.

Was asked to keep it to myself but fu-k that sh-t, I hate how they broke the news so I don't care.

Multiple scrum master in my previous role got impacted as well.

Impacted BU based on what I heard:
Wealth platform, advisory, Asset management, Brokerage Record keeping

Any VBG impacts? BGCO?

I know of three people in GNC that have been informed that they are impacted. It's real and it's happening today. I am in GNC, and not a bot or a troll. Been at VZ for 20+ years.

Any word on if Case Mgmet will be impacted?

Does anyone know the impact on Optum health and Optum care this month?

Perrigo is cutting 161 jobs at its Georgia, Vermont facility. This affects nearly half of the site's employees. The company intends to end production at this Georgia site by June 30, 2026. The closure will ultimately impact about 420 employees. Aging infrastructure and regulatory changes were cited by Perrigo.

Georgia, Vermont

https://vtdigger.org/2026/05/06/perrigo-to-lay-off-161-as-company-heads-toward-vermont-site-closure/

Kyndryl posted the intention of cutting some jobs. With a charge around $200M we can estimate approximately 2000 to 4000 jobs to be impacted.

Anyone has more info?

Anyone know if FCAT or Green Meadows are impacted?

I checked my managers calendar and it’s wide open tomorrow. Does that mean my whole team is safe? How long is the HR meeting so we can see if we’re possibly impacted?

Heard rumors that professional services team would be impacted. Also, people not meeting expectations (NME) after performance review meeting. Any insights?

I was discussing with a few colleagues the potential impact of moving to 100% offshore HR support, similar to the model offered by a Capstone-type company.

This would mean completely eliminating the in-house HR department, with every employee instead getting a mobile app on their phone to connect directly with dedicated HR support agents

Does anyone have insight into what’s happening with 2LOD Risk right now? From where I’m sitting, it feels increasingly chaotic and disorganized, and it seems like the engagement models are really starting to suffer as a result.

I genuinely feel for our 2LOD partners. They all seem under a lot of pressure—stressed, uncertain, and concerned about their roles. Given that the second line of defense is supposed to provide oversight, structure, and consistency across risk and compliance, it’s especially concerning to see things feeling so unsettled.

It just doesn’t feel sustainable in its current state, and I worry about the broader impact this is having—not just on those teams, but on how effectively risk is managed overall.

Are there layoffs coming ? If so what groups are going to impacted and what geo's and when ?

Free employees to focus on high impact, strategic work = layoff. Good luck everybody.

Does anyone know what groups in VBG will be impacted next week? Or if any groups will be?

Layoffs happened in RCO. Any impacts anywhere else?

Does anyone else work past 40 hrs to get the work done but only log 40? They threaten to PIP or fire if all the work isn’t done EOM, so we’re all working free OT (we are hourly). This is exhausting. I’d rather just be laid off at this point.

Tech has no idea what they are breaking with the people they randomly selected to depart. This will set the company back another year. Sell now while you can before you lose more! About to be Under Armor all over again stock wise!

Any Impact to India ?

It started for EMEA

How are the impacts in CIS?

Any insight if OptumRx will impacted Thursday?

DSV is ending its operations at a Dallas County facility. This closure will result in the layoff of 391 workers. Affected roles include forklift drivers, warehouse operators, and supervisors. Employees will be impacted starting April 30 or in early May. Most impacted staff are expected to receive job offers from a new operator.

Wilmer, Texas

https://www.msn.com/en-us/news/us/global-shipping-company-dsv-to-lay-off-hundreds-at-dallas-county-facility-impacting-nearly-400/ar-AA20w4tL?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

McKinsey & Co. will reduce its workforce. Cuts will affect non-client-facing divisions. Up to ten percent of staff may be impacted. This could affect several thousand employees over two years. Other major consulting firms have also announced recent layoffs.

https://finance.yahoo.com/economy/articles/mckinsey-layoffs-show-white-collar-131646321.html

Doesn't the RAT created so much redundancy there, seriously as usual not much impact to them and they will be celebrating yet again. Can't understand why, just because cheap?

Any idea how many and which teams are impacted? They reorgd our entire engineering teams and i heard massive layoffs are coming on 30th and again next month, with 4 rounds planned as contact center is generating dozens of millions of overhead losses each year and on top of the list for 2026 cost reduction. Our VP jumped ships leaving us in a deep mess, TBH he was an a--hole and a nasty red neck type snake with a foul mouth. All Sr directors and above have been asked to provide a list and their bonus will be determined by the cost savings and offshore ratio they can show. My wife is close to a Sr director even he doesn't know how many but provided a vague explanation while asking her to compile a list

Based on my rough calculations (and acknowledging there are likely different data sources), Aria showed approximately 178K employees at the start of August. As of today, Oracle General slack channel count indicates just under 155K employees.

This suggests that roughly 22K employees have been impacted by RIFs so far in FY26 …that’s before accounting for EMEA and the Philippines.

Is my math off?

Chairman meeting told union reps they're coming soon. Confirmed by General Foreman. Not sure what shops and crafts will be effected.

The IRS plans to lay off 6,700 employees. This action could strain tax collection resources. It may also impact government revenue and the budget balance. New tax policies for 2025 include a higher estate tax exemption. These changes lead wealthy investors to focus on tax planning.

https://intellectia.ai/news/stock/irs-layoffs-of-6700-employees-strain-tax-collection-resources

What impacts do you see?

It seems This will affect several sites make sure you start networking

Layoffs are coming to the GES space Monday. 40% of mobility CSMs plus GES sales will be impacted.

I want to see what people on this board think about the impact of AI on our industry or specific roles/teams. I know that things are already happening and that there is no going back, it's not looking good. But I also thing that the impact is not going to be linear and that some parts will be affected more than others. What do you think and are you seeing it already. I am in Finance/planning so impacts have been limited so far but I can see situations where some of the low level work is completely done with AI.

A team member based out of NY got impacted. They are cutting the roles from NY, Tampa, London and moving them to Canada, Mexico and Poland. Take care of yourself people!

So what's the word on the street here? QVC has officially filed for chapter 11 and plans to be out of it in 90 days, so clearly there's already a plan here. I can't imagine there won't be an immediate impact to jobs.