#layoffrumor

Posts mentioning hashtag #layoffrumor

Below are all the posts — topics as well as replies — that mention the hashtag #layoffrumor.

Mention #layoffrumor in your post to continue the discussion!

Rumors Rumors Rumors

There are a lot of rumors going around about layoffs and restructuring. I’ve asked a few leaders if they know anything, and they’ve been pretty firm that there’s nothing currently being discussed.

At the same time, rumors usually don’t come out of nowhere, so I do feel like there may be something happening behind the scenes. More than anything, I think there’s just a lot of fatigue from the constant cycle of restructures and uncertainty.


Writing on the Wall

Well just checked multiple Sr Director and VP calendars and looks like some groups met already to proceed forward with next weeks rif.... its rare to see all of them meet same day/time and of course you can check the same day for prior weeks to see its not a normally reoccurring meeting. So I guess the lists are made and finalized, and Sr. Directors now know who is on the cut list. Obviously they can't share it early but I wish they could, just so we dont have to think about it for another week. My manager is concerned and I can't blame them... things just feel super weird lately.


It doesn’t look good for smaller hubs

After the JR staff meeting today, I am more worried for my job than ever. It’s not about just RTO anymore or that they’re outsourcing a lot of positions. I got the strong impression that RMC ( and other business lines likely) will have designated hubs. If you’re not in one of those hubs, you are in danger. As someone in a very small hub with minimal RMC presence, this is hugely concerning!

JR didn’t say this directly but reading between the lines of what she did say, this is not a stretch. Clearly leadership wants to move away from geographically distributed teams entirely ( unless it’s collaborating with your co-workers in India or Poland, then it’s totally ok).

If you’re remote or in a hub where your business line doesn’t have much presence, it feels like you will be on the chopping block first.

It sounds like their main goal ( even though it’s so outdated and ridiculous) is to move everyone to the hubs they want them in.

She even mentioned how other banks only have a couple hubs not 22 and we all know that US Bank is now a follower so that’s the direction they will move in.


Another one gone

Another skilled person gave 2 weeks notice today...another skilled top level Engineering manager gone and multiples of teams left in limbo and at the whim of id--ts. No plan, no resolution, nothing from these clowns. I wish they'd lay me off already. 2 years of this has been enough.


HCSC Parting Ways with BCBSA?

Purely speculation…email domains are all moving to @hcsc.net…leased offices were being weird about blue branded items when they closed…there’s more emphasis on HCSC everywhere you look.

BCBSA got hit with a huge class action settlement. Could HCSC be distancing themselves from the blues to avoid the financial liability?

Let the speculation begin.