#layoffrumor

Trying to catch the vibe and see through the fluff here. I see a meeting with potential future board member (JG) on the calendar, an earnings call, an all employee meeting, and then a wider team meeting following that.

Personally, I was going to leave the company in short order, but this feels like re-org and layoff damage control on my calendar.

What’s the temperature in the room where you are? I’m remote and have not been plugged into the roomer mill in years. Any concrete info?

When do the layoff meeting requests start coming in? I'm hoping today is the day!

Rumor is, T-Mobile is going to start asking people to volunteer to separate and get the full severance.

Does anyone have any information on the next layoff. Who will be affected, possible dates?

I heard those who got laid off are the lucky ones, while PSP situation will be so dire the rest of us will actually have to pay to be here. Anyone hearing this too?

https://www.quiverquant.com/news/AT%26T+falls+3.2%25+as+analyst+downgrade+and+telecom+rotation+pressure+shares+ahead+of+earnings

Another slump in the stock price and another downgrade. I’d ask when will the BoD see the light that this dude is clueless and asleep at the wheel. However, we all know they are complacent!

Nonetheless, given we are now market based, the market clearly has no faith in the company and thus the !diot at the top REALLY needs to be the very next person laid off!

Good luck over the next two days everyone. See you on the other side whatever that turns out to be.

Copy and paste link below to view post. Don't accept "NO".

https://www.linkedin.com/feed/update/urn:li:activity:7427118095061819392/?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A7427118095061819392%2C7447726858751746048%29&dashCommentUrn=urn%3Ali%3Afsd_comment%3A%287447726858751746048%2Curn%3Ali%3Aactivity%3A7427118095061819392%29

i got cut by oracle in 2018... it was the textboo way to do it... there were rumors of layoffs for a few weeks (then a one to one with my manager)!

a month’s notice, time for handover meetings, plus sh-t trainings for finding a new job or setting up as a consultant. there was also the option of a redundancy pool, along with 6 months of redundancy pay. about 3K of us were cut at that time.

now it seems like when it’s 30K, oracle threw all that good practice out the window and told everyone to f off via email overnight, with all access immediately revoked.

i guess clay magouyrk is a sh-----d who models himself on the musk school of management, whatever that means. safra katz seemed like a decent person who had helped rehabilitate oracle’s corporate reputation to an extant (i have reservations abouth her too) only for it to go down the sh-t-drain again.

Wondering how many are planning to cut ties this time around or just waiting for the inevitable ax to fall with layoffs

Some people say June, others July

Which is it ?

QA, & DEVOPS get ready for next round. got some time

From what I understand, there are currently no plans for any immediate layoffs. Is that correct?

End of 2nd quarter I’m hearing.

When might layoff start. Which organisation and how many. Any insights?

AFAIK no one has been affected in EU during this round. Last time it took about 1-2 months for layoffs to arrive there, so I would expect end of this month or end of May. Does someone have any intel? Or has someone in EU been affected already? I would not count on this round being over already.

Ideas??? Who is on the chopping block??

Does anyone have this information for last year and this year?

Anyone have any idea? I'm in such a bad spot that I'm clinging to this job for dear life. I wouldn't even be able to begin searching for another job. I just need a couple of months until the dust settles.

Anyone else still just going to do the 3 days in and roll the dice and see what happens

May layoffs? Round two?

Does anyone smell may layoffs prior to desk movement in June?

Are there new onshore/offshore people joining your team?

A lot of managers in STS pushing all team members irrespective of their roles to showcase AI Agents and other AI stuff they have created and are using. A lot of boot-camps happening as well. Are they planning to cut roles soon?

If rumors are true with a May LR do you still receive RSUs that vest in June and July? There’s usually a 2 month period where you’re still technically an employee, right?

Sudden Friday afternoon meeting for my entire department! The day of reckoning has come! The end times are at hand!

I am getting ready to give my notice because of the new WPE changes. But now I’m hearing they are not going to happen. Does anyone have reliable information?

Is it true that parts of the business are about to sold off?
FMS, that’s Mono pumps is apparently about to be sold one of its larger competitors!
If it’s true then it’s great that we will soon be managed more professionally but I’m sure it will lead to cuts as they have a lot of duplication of roles!
Brush up on your German guys, it’s about to get interesting

Heard from a bird. Can someone confirm.

Ford management is planning big layoff in Ottawa soon,
Most of ce xxxx work and new platform work are moving to lang island. All remote and disgruntled employee be prepared for another big layoff. Don’t feel disheartened if you are in the list. It’s all about money and cutting cost. Lot of boomers may get impacted soon.

All annual reviews have to be done by the 24th, which makes sense because they want the managers to complete them before the next week when the layoff will undoubtedly happen. Last week of April it is!

Rumors floating of 15-25% layoff coming.

Now I’ve seen it all! Clown show

I’ve heard that managers don't have input in layoff decisions. Does anyone know who actually decides who gets cut? Is it a Director, VP or is it HR, Finance, or someone else? If manager input isn’t used, what specific criteria do they rely on? Please share if you have firsthand experience.

Manager warned us in a team meeting that execs are taking RTO extremely seriously, and implied they’re looking for people to layoff because of it

RIFs May 7th OR 14th

Any idea who got the axe this round? Saw some posts on LinkedIn. Gotta love that they never announce anything.

Is there layoff happening at Cork site in Ireland this week? What groups are impacted?

Hearing rumors of the tulsa office closing. Does anyone have any information on this???

When do you think the next RIFF notification will happen? April or May?