#layoffrumor

Did anyone get a meeting invite in US regarding team update coming from business update? For the places where layoffs happened is this how they send the information? Also what roles are most impacted, senior or junior? Are there any specific job profiles they are targetting?

Hearing whispers about possible layoffs, reorganizations, hiring freezes, or team cuts?

Post what you’ve heard below. Please label everything as unverified rumor/speculation, avoid naming or identifying individual employees, and don’t share confidential or proprietary information.

Useful details:

What was the rumor?
Which department/area was it about?
When did you hear it?
Was it firsthand or secondhand?
How confident are you?
Let’s keep this thread focused on separating rumor from confirmed information. If something gets officially confirmed, update your comment so others know.

Anyone in the US getting invites for the dreaded call?

Has anyone heard any intel on layoffs or restructuring in September? Will it impact everyone? Or is this just the ongoing rumor?

Coming to an office near you! Stay aware.

Rumor is there is a hiring freeze. That makes sense with the state of the business, but I’ve seen 20+ people leave and mostly not get replaced. Just in the past 3 months.. In the few instances they have, the backfills old role remains open and the backfill is doing multiple jobs.

The vast majority that I have seen leave are actually good at what they do. Every one that I spoke to also confirmed they were getting paid much more at their new jobs outside the company. They have silently departed.

My boss is always nice and supportive, but I can tell that he is nervous too. He was very professional when I asked him about but said “at Pepsi, you always have to see the focus trends early and be prepared for layoffs at any time.” He’s been here 15+ years and knows his stuff, but I can tell it’s is really wearing on him lately.

What I need to remind myself is to start looking for another job now. Those 20 people were senior levels to me and good. That is a sign of how employees are being valued. The smart people figured this out before me.

I heard a rumor in the office today that the next round of layoffs is September 24th. Has anyone else heard this?

Hearing rumors of a EISP again today.Is it true has there been talk with the union ??

Somewhere, there's a spreadsheet with your name on it. The criteria could be anything, tenure, pay, age, or who knows what. Just make sure you're ready.

Are we now officially done with involuntary layoffs for a while? I can't figure out how many people were notified so far and if there are more notifications waiting for some future date.

Will the recent share price drop be cause for layoffs?

We heard that Focal is happening in September. Anyone heard anything, or do you think they’ll announce it after another round of layoffs? 😅

Pretty sure that we will hear about the layoff this Friday or next Monday. I'm bracing myself for it.
These multiple waves of layoffs are making me sick.

Has anyone heard of any layoffs ahead or are things still quiet?

Will Dan lay off the entire Indian workforce, despite its established presence in India since 2000? Many employees appear to have been quietly removed by senior directors and HR. This raises serious concerns about the future of the Indian workforce and the organization’s long-standing presence in the country.

Trying to determine when the next RIFS will happen. Will it be early October with a December exit day?

Any more coming this way?

finance layoffs coming. broad and wide.

They are eliminating all of the TLs in practice management, giving them 60 days to find a new job in the firm with not many other details provided on what then. As many of us saw, once you were ISP’d there was no going back, you were black balled.

It’s not over people, they are still cleaning house, no one is safe. Get out while you can.

Has anyone heard of any layoffs in august so far?

So apparently the August layoffs are completely canceled again.

At this point, does anyone actually know what’s going on at Oracle?

For weeks we’ve been hearing about another major round of cuts coming in August, managers supposedly making lists, double-digit reductions on some teams, 6 a.m. emails, cuts before September 1, etc. People have basically been sitting around waiting to find out whether they still have a job.

And now… nothing? Canceled again?

The constant back-and-forth is getting ridiculous. One week everyone is convinced a huge RIF is imminent, then the date moves, then rumors start again, and now supposedly August is off entirely.

Has anyone heard anything credible internally about what changed? Are the layoffs actually canceled, just postponed into September, or is nobody—including management—really sure what the plan is anymore?

Would especially like to hear from Oracle employees/managers who have gotten an actual update rather than another round of Blind rumors.

Seems like no one has any official word on what restructure will look like, how many can expect to be cut, when it may be announced vs when it will take effect. Any word from the “rumor mill?” Seems to be all we have. I’m a CC in a heavy Humana state.

Could someone from management please let us know what the plans are for the three GSCs? At this point, we don't care anymore lol, we just want some clarity on whether layoffs are coming and, if so, when so we can prepare accordingly.

Is it happening on 25th or are these again baseless rumours like 18th.
Although got to know from HR that it will happen in phases and the first batch of layoff will definitely be in August.

Oct layoffs are not far off. I am starting mega thread to keep us all in the loop. Keep the info flowing y'all. Spill the teas, spin up those rumour mills. Talk to your directors/VPs etc y'all, stir some pots, n share the news. Thank you y'all!

It’s been a week or 2, I feel there is some due.

Any clue if more layoffs are planned?

And I have a feeling I'm not the only one who feels this way. This place has gone from bad to worse faster than I expected. I'd be happy to leave it behind for good.

There have been little to no chatter about more layoffs. Is this something to welcome or worry it's the calm before the storm?

The wait is worse than knowing. At least I'd be able to start planning my next move. But no, we have to wait another day or who knows however long.

3hr end-of-day call for his entire org plus the legal AVP and HR Principal that are usually "optional" invitees. There's already a 1hr Town Hall on 26-Aug, and three weeks notice for the invitation seems like an awfully long warning for a "you're all fired" meeting. Anybody have any real information?

I just heard that some RVP’S were on the chopping block, about to be canned, or were already canned. What’s the skinny on it?

wondering if corp tech in nyc is effected tomorrow.

Anybody get any emails this weekend? That's when they've typically been doing it lately.

If anyone hears of or gets the boot, please post this coming week.