#layoffrumor

MD let’s slip on a call Friday that there are layoffs coming mid July. What are you guys hearing?

Anyone hear a rumor about something coming in Auto Finance?

I've heard from employees there of pending Layoffs at Schwab in Phoenix, AZ. Especially for the tenured employees to hire new people much less cost.

I know several people who were riffed in June, and there are still rumors of larger global RIFs coming in July and August.

For those who make it through these rounds, whats the outlook for the rest of 2026? Do these cycles eventually come to an end, or is this just the new normal?

At this point, I’d rather be included in a RIF now while severance packages are still relatively generous.

So tired of this, let me work or let me go

Word on the street is that CVS is potentially getting rid of the operations manager position, and making people go up to Store manager or down to shift supervisor. Can anyone confirm if this is true?

I joined Citibank London very recently. Just last week my director announced that they’re leaving the team as part of a new org structure and our team will be reporting to a new director.
I’m worried if this could be a prelude to layoffs. Does anyone know of any news in London?

Rumor has it that Refining and Commercial ELT members are on their way out.

Lots of meetings taking place in commercial following the Q1 hole we dug for ourselves. Looks like Mandell will be the one to pay for it, with a “retirement.”

Wondering when I should start looking out. Waiting for the layoff meeting is always a good time!

Hearing lots of rumors about upcoming VCG layoffs. Does anyone actually know what’s in the pipeline? What percentage of the workforce is expected to be impacted, and which departments are likely to be hit the hardest?

https://www.businessinsider.com/worker-got-religious-exemption-using-ai-at-work-2026-6

I've been hearing more people talk about upcoming layoffs and I'm dreading the idea of waiting around hoping I make it through another round.

Are these allegedly ongoing cuts legitimate, or are a few residual managers getting axed and people are panicking?

So if you don’t accept the VSP, and we know there will be a wave after that. How would Centene know who gets laid off and who doesn’t? If you don’t have anything nice to say, please do not comment

Will there be any more layoffs before the month ends, or are we safe for a couple of weeks?

Should we worry that there are more cuts today after all? Could he be wrong?

A theory I have is this….if you want to go, you are more likely to NOT be chosen. If you are it sends the wrong message. “Look at that guy leave, he’s so happy. People will start to question as to why should they stay here like this guy.”

If you want or need to stay..the more desperate you are, you are more apt to be chosen. It sends a different message. “This could happen to you. Look how miserable he is to be let go, better buckle down and give give give more and more to the company. Really put in those hours, don’t be like Bob.”

hearing a rumor that norfolk and mas could see cuts late june or july. any truth to this or just noise?

Any word on when the next round will happen? Is it September?

Has anyone heard whether Meridian (a subsidiary of Centene) will be affected by VSP or future layoffs? I'm relatively new and I heard a rumor here in Michigan that we are canned!

When will invites for July layoff happen ?

Last payday 7/1. Goodluck to everyone..

Any timing rumored or known for a VRP for S&T?

I keep hearing about this bloodbath..any idea what/where/when ?

My SVP has said next week on Tuesday is expected to be the largest rif action

Can anybody confirm this?

Will there be layoffs in RCS ?

If the rumors are true why are we need seeing more posts and activity around this? We usually start hearing “insider” information about meetings, lists, numbers, etc. Is it really happening? Spill the tea

Things seem to be moving fast, anyone with more insider info/dates?

Was in the calendar for 23 June, now to be “rescheduled following quarter end close”. Probably waiting to see who’s still here to do the presentation.

Ahhh, gotta love the glorious anticipation that we are all subjected to while expected to ignore it and keep working.

Not the first one of these I’ve been through here, but the angst is palpable.

Wish we had a date to prepare for.

Is there a particular day of the week when layoffs occur? I heard they typically occur on a Thursday, but that could be wrong. I think something's brewing in my part of the company.

Got the email giving offer to retire early to group of more senior people. Wanted to see if anyone else got it. Thoughts?

I was hired a few weeks before the hiring freeze and haven’t built up a cushion to survive off of yet. I just graduated and moved here for the job. I’ll be royally sc--wed if I get cut whenever they start doing actual layoffs 😬

Like seriously, go! It’s time to leave.

So the end of Q2 is upon us. Has anyone heard rumblings? It’s happened the last 2 years so I’m just curious.

I am hearing, atleast from few different levels that they are planning to do mass layoff in Ireland and maybe UK, and eventually exit UK like Germany..not rumors but actual talks. Can't share where and who coz i might get into trouble.

I mean I'm already seeing signs for UK, decreasing headcount each year, only bit up due to German relocation, not much profit and announcements of Canada physical store plans and aggressive US stores plans- they would need money and UK might be bleeding more money and resources.

I would be very proactive to look for jobs given perfect storm brewing.

I am hearing 7/1 not 6/15 for Layoffs - at least 10% across the majority of the company. Are others hearing the same thing?

Get rid of all of us you want to. I'm tired of constant threats of layoffs. Let's have one huge round: show the door to every single person who you thinks needs to be out so that those who are left can once again fully focus on their work. This is exhausting.

The new CEO will want to make an impression from the start. My guess is he'll do it by cutting costs, whether that's needed or realistic or not. It happened with every new CEO and it'll happen with this one. The higher-ups fu-k up and we pay the price. Every single time.

I can't stop thinking about whether more cuts are on the way. Does anyone have any idea if we can expect more soon?