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2 questions the FAQ sheet to RIF'd employees doesn't address

  1. If you haven't submitted claims against all the flex dollars, deducted from your paycheck, by your termination date, are the unused deducted dollars refunded to you? (Conversely, if you were reimbursed for more than was yet deducted from your paycheck, do you have to pay it back?)

  2. When you're reimbursed for unused accrued vacation days in your final paycheck, does that include unused carryover days? If you were RIF'd in 1Q, it's quite possible you didn't use all carryover days yet. If you were RIF'd in NY in 1Q, your termination date is in 2Q. Workday drops carryover days after March 31. Your Workday balance as of the 2Q termination date does not reflect unused carryover days. If HR uses Workday to determine unused accrued vacation days as of termination date (or, if you meet rule of 60, as of December 31), then HR won't see the carryover balance.


RIF news

Some posts are referencing a RIF. Who knows what? I know there’s the rocket selloff and missile solutions ipo. There’s been rifs around yearly reviews last three years so could fit the trend but put what you know below


Housecalls Only

It appears RIFs started in HC today, 2/19. I do not believe anyone was affected or at least reported anything during January. Likely just the beginning of markets’ adjustment. Please share any info as it unfolds.


PRIORITIZE YOU AND YOUR LIFE BALANCE -

I developed the skill to solve everything and anything - attended and prioritized the needs of my VPs and directors - even the ones who should have never been made directors at all - and what I got for that? A “ RIF “ ( you no longer needed) - make YOURself first - dont let
Them get to you!


Management isn't telling their teams anything

Got RIF'd, 60 day garden leave, standard 2 weeks for every year, blah blah blah. I have (former lol) coworkers calling me asking me where I am, asking if I can help with X or Y when I'm "back from vacation." Seems like management isn't telling their teams anything about the sudden voids in the roster.


RIF speed increasing. Just learned today

I've learned the old pattern of doing layoff's on Thursdays is being modified this year. They'll be doing them on Tuesdays, Wednesdays and Thursdays for the foreseeable future. There were folks let go yesterday and there was one today in Optum Health and HR, tomorrow is OT's day of reckoning.


Curious to see if people requested Early retirement in Spain and now are part of the RIF/ERE.

I was wondering if there are people in Spain who requested Early Retirement but instead ended up on the RIF/ERE list and simply getting the RIF/ERE Package instead of the Early Retirement package. I think Oracle abuses the fact that people conform the Early retirement program and are getting fired with a much lower payment.


Any details on 2/19?

It seems apparent there will be a RIF this week on 2/19. Just curious if anyone has any insights in to the business segments and scale. I’ve read Housecalls, Wellmed, and others. Is that mainly optum health?


Focus on what you can control

It's pretty much certain that RIFs will happen this week. As someone impacted by a recent RIF, here is what I can share. What's done is done already. Regardless of what you colleagues or business partners think of you, your manager has already decided that you are gone. Brush off that resume. Research competitors who may value your skills. Apply to positions where your skills fit and/or where you want to go in your career. If you get an interview, even for a position you don't really want, don't turn it down. Some of the best advice I got was from an old manager who had recently separated from the military who told me how he had been applying to positions he knew he couldn't accept because he still had a year left but he wanted the interview experience and hadn't interviewed anywhere in almost 20 years. When the time came, he was a pro and landed a job in his first interview after his military retirement. Optum isn't the military and you can leave whenever you want. If that amazing offer comes before severance, don't hesitate to take it. Best case, you line up both at the same time and walk away with a nice bonus that you earned for all the stress and BS this place has put you through. Good luck to everyone. It will all be okay.


More info on layoffs

The Los Angeles Unified School District has unveiled key elements of a $1.4 billion “fiscal stabilization plan” that also involves a reduction in force, which could mean job transfers or layoffs.

https://laist.com/brief/news/education/lausd-reduction-in-force-board-layoffs-plan-2026


JCPS board approves restructuring plan, hundreds of job cuts

  • The Jefferson County Board of Education approved central office restructuring in a 5-2 vote Feb. 13
  • Superintendent Brian Yearwood’s plan aims to address a $188 million deficit and cut about $43 million from the central office
  • The vote eliminates 648 positions, creates 254 positions and reclassifies 19 positions, with some roles centralized across the district
  • The board expects further budget actions in March and plans to adopt a tentative budget in May

https://spectrumnews1.com/ky/lexington/news/2026/02/14/jcps--board-approves-classroom-cuts--central-office-restructuring


A Finking ship...

So Fink turns Fortune Brands upside down, stock tanks, and he is rewarded by going to a company with a higher valuation and higher CEO wages. He was transplanted like a Catholic Priest, lol. In the words of George Carlin, it truly is a big club and we ain't in it....be on the lookout for more rifs....


Citi is done with transformation (data, risk anything else)

It's just too much of a cost center in the eyes of Jane and her EMT's. The expense associated with it is a blot on the balance sheet and has now become unbearable for senior management. They think they can manage the present administration into leashing the FRB/OCC and are confident that they can close the regulatory issues by early next year. Throughout this year there is bound to be multiple rounds of focussed RIF's. Why multiple? Because they can't get rid of everyone all at once plus there's the small matter of not attracting higher SUI taxes ..especially from New York. Since SUI pays for unemployment, large layoff's cause states to increase Citi's contributions and a dime spent on anything else means a dime less in Jane's compensation - unacceptable

As Trim (welcome back Trim!) indicated in his post, layoffs will happen every few months. And there is likely going to be deep cuts in Transformation (Anand S), Risk Mgmt (second line), Data (A Nawani) and Tech that supports transformation. Likely Financial Crimes as well due to offshoring. Some of these may see cuts ahead of others.

Jane and EMT are sick of Transformation. They feel it's holding the bank back, doesn't justify the expense (never mind that empires were built under Jane's watch) and is wholly unneccessary. They have made up their mind to cut the umbilical cord. If a latger Dem administration comes in and brings back regulatory scrutiny...well, Jane will be long gone by then. WHoever is in the chair at the time..let that person solve for it.

Folks in any of the above....start updating your resume, upskilling, applyin and interviewing and activating network. You all will need it. Focus less on Citi's work...do the bare minimum. They don't care what work you did or didn't do when the RIF lists are prepared. Look out for yourself first


WARN Notices

There are many posts about RIFs and advice often posted on social media is to watch WARN trackers. I checked several major states and don’t see many, if any, Elevance notices. But I know people in some of those states were RIFed and given the 60-day notice. (Everyone was remote so I checked physical state and IN.)

Has anyone ever actually been tipped off with the WARN trackers, specifically for Elevance?