#layoffs

That's torture. The stress never lets up. I'd take a few big and quick rounds over that any day.

The execs keep talking about the need to reduce expenses and are laying people off, yet they are paying over $120 million to get all the agents together in Las Vegas and spending an additional $15 million on incentive trips for said agents. Oh know gas prices increases costing us more…how about cancel the trip?!? Paying for Pink to entertain agents and executives…disgusting!

Rumors going around about more layoffs sometime soon, can anybody share more?

Some of y’all really need to grow up. Layoffs happen, it’s never personal. No-one at the top has specifically chosen you to go for any reason other than a number. FIS doesn’t owe you anything to keep you.

Where can I check?

I haven't heard anything, I'm just curious and like to stay prepared.

I actually WANT to get laid off! Anyone have tips on how to get on that list? Long story short, I'm so tired of the bs but want to get that severance.

Can anybody confirm this? I've heard the rumor enough times to start being worried once again.

Whoever's left after the next round is in for a rough time. The company won't spend a dime more on employees, but everyone will be expected to pick up the slack for absolutely nothing in return.

Any cuts planned?

I'm hearing all kinds of rumors, most of them sound crazy. Another round is almost certain at this point. Layoffs are just part of life now. Still, it'd be nice to have at least a vague sense of what's coming.

I dipped my toes into the job search pool and things are not just bad, but awful. I'm genuinely worried that if I'm cut, I'll either have to accept half the pay I'm getting now or just stay unemployed for who knows how long. Neither option will work for me and my family.

Every single round of cuts made me care less. My work ethic has dropped with each one. I just don't see the point anymore.

They're about cost. The better paid you are, the higher your chances of making the list. So in reality, we're cutting the most skilled and competent people, which leaves teams far more crippled than the raw headcount numbers would suggest. Completely unsustainable.

Layoffs ki-led any sense of teamwork. Don't let anyone near your work or they'll take credit. Hide your files. Even managers are doing it.

We are measured on metrics that don’t fully capture the work being done. You can be doing meaningful work and still look like you’re underperforming on paper. There’s a clear disconnect between effort and evaluation. I've seen people who were among our best get on the list of "underperformers" when nothing could be further from the truth. It’s honestly pretty frustrating.

We all know major cuts are coming, the only question is when. It's much easier to find a new job when you're already employed. And trust me, the job market is so bad right now that you don't want to be stuck looking for a job while unemployed with so many others in our field already out of work and looking.

I'm at the point where I'm dreading each Monday because I'm not sure what they'll drop on us. Will it be layoffs, loss in benefits, or whatever else they can think of to make our lives more miserable. God, I hate this place.

Do we know anything about the next round outside of the usual rumors?

Is that a good thing? Or the calm before the storm?

The next wave will start soon.

Harley-Davidson Continues to Lose, Thousands of Employees Threatened with Layoffs

https://voi.id/en/economy/558906

Finding entire skill set is obsolete. World is completely different than the one we lived in. No one understands what I worked on for 15 years and if I can bring any value to them.

If Serbia's getting hit majorly, then none of us are safe. No shade to Serbians, but they're much cheaper and much easier to keep on. If they're down to cutting even the lower-cost folks, what's going to happen to us in the US? Nothing good that I can think of, that's for sure.

What to do https://www.msn.com/en-us/lifestyle/career/don-t-apply-for-a-new-job-immediately-after-a-layoff-do-these-5-things-first-an-ex-recruiter-suggests/ar-AA1JkJRA?ocid=sapphireappshare

That's my plan. Why push yourself? Hard work gets you one of two things: a raise that doesn't even match inflation, or a spot on the layoff list.

Is that certain or just a rumor? Because sitting around for weeks not knowing will drive everyone insane.

I hope the big bad bunny doesn’t bring more layoffs this coming week.

What's the consensus? I see people here mentioning the next big round in May. It'd be nice to have even a couple of weeks where worrying about being cut isn't piled on top of everything else.

We lost more than half of our team. I have no idea how things will look from this point on. I'm worried we'll be reassigned to other teams, and I really don't want to lose my remaining coworkers or my manager. She's one of the few good ones left. I know layoffs are done, but I think the aftermath will be just as bad for the rest of us.

Training the Ai

How many were laid off in the end? 12 k with another 18k to go or have all 30k been notified already?

Honestly, Oracle’s layoffs weren't even that deep, but they’re definitely still ghosting some projects. Now they’re in this weird spot where they need bodies in Nashville, but they're being cheap and won't shell out $100k for new people, so they’re just recycling H-1B staff to save cash. If you’re a boss there, you’re basically safe from the next round of cuts as long as your team is mostly offshore or visa-heavy. This whole mess is probably just gonna stay the same until October or maybe early next year.

March preliminary numbers are coming out soon. Not going to be a surprise that number is negative and then after that they’re going to announce some more layoffs before the earnings call. Need to make more headway if the market is going to react. Anyone heard anything?

Got to know from multiple sources that a major RIF is going to be announced on April 16.
MI= MN + CNS
New leadership is preparing list.
Please comment if you have more info.
NI no idea