#rif

Thoughts?

Capone pronounced like the famous chicago gangster... this is more appropriate that pronouncing as cap one. Corrupt, corrupt, corrupt. Sad, sad, sad. I have seen so many new posts about the new RIFs this week, and just as many, if not more celebration postings on LinkedIn about new job acceptances, promotions, and brand new job postings. This company is The Worst.

How depressing it must be to work for a company in a hot growth market who can’t grow revenue. Get out before they RIF you. It’s like being in a bad marriage. I understand why you would stay if you have minimal savings or just like living in San Diego. But for your own mental health just walk out right now. You can thank me later.

I raised a HR case to get RIF'ed.
In one hour my manager sent me meeting invite. We discussed the terms and on amicable terms my position was made redundant. I was given full severance package as per terms in FIS Handbook.
My Location is Alpharetta, GA.
Just open a case with HR, they will consider it with open mind. In fact, I encourage everyone not happy with current events.

I’m grasping at straws here so take it easy on me in the responses please. I’ve noticed from reading posts on here that a few departments are having townhalls in August which is when RIF is allegedly supposed to occur. My department doesn’t have any townhalls scheduled until September after the initial VSP separation date and it’s 1 of those choose between 2 different dates type of meetings. I feel as though if we were laid off it would be 1 day only, the option to choose is making me feel as though we won’t be affected by RIF’s. This whole fiasco has been a disaster! I don’t want to dox myself but I work in PHCO.

I wonder if anyone on the RIF list would become part of the August RIF / involuntary layoff after VSP accepted and approved if we had an extended exit date? This would allow Centene to save on the “enhanced benefits” and since they are great at changing things.

Any new organizational updates from PI?

Another 10% is leaving on top of all the layoffs this year already. Any word on additional RIF?

A couple ppl have been able to move their VSP date which seems crazy. We were told Dec 11 but several have now moved to 9/4.

Some new teams have already been formed while some remain untouched with no new direction. Are we sitting ducks? Our leaders are leaving and we aren’t being told anything.

Anyone else here being told anything at all?

Also KT suing Centene? And naming KC?

I heard info would come out this week but that doesn’t match up with the 8/12 date I see listed by other users. Anyone in the know with how many accepted the VSP and RIF notifications?

Someone commented on a post-

Supposedly, the next RIF will be in November-ish. I am hearing from multiple "hush" sources that this one will be performance based, mixed with "Re-badging" instead of severance. Supposedly, this means you'll just show up and your badge won't work: You can have IT issue you a new badge under a new 1099 contract or you can willingly leave--meaning you quit on the spot and aren't owed anything, or you continue to work but as a 1099 no benefit worker.

This info is also based off similar late-stage McKinsey overhauls that have done similar things.

Is there validity to this claim?

Anyone hearing anything about layoffs coming in August? Or will they wait until the normal Fall rifs for the next large round of rifs?

Any word on what the severance package will look like for the upcoming RIF in MS? A month to go and we havent seen anything.

I've not seen anyone mention Kansas. Anyone have any ideas on upcoming changes or RIF's? From the PL's, everything is fine, nothing is wrong and everything is as normal! Nothing to see here!

The spin off, and resultant turmoil, makes one wonder how long until they offer voluntary RIF Packages! One can only hope!

Hearing that the Service Delivery group will undergo a large RIF in mid August. Anyone else hearing this rumor?

I’m hearing that we have another round of layoff in FI Technology. Somewhere around in Sep or year ending. This time only for contractors. Is it true and real ?

If your separation date is in 2027 or 2028, you weren't part of the RIF. The round about Sept date is for those whose job is being cut. 

If your position wasn't in jeopardy, what makes you think you qualify for a Sept separation date? The answer is you don't. If your job was safe, you had two chances to change your mind about the VSP. You said "Nah, I'm good." Now you're all over the internet acting like something happened to you. It's so unfair that your job isn't being cut. GTFOH your VSP should be denied! 

If you're that unhappy, stop crying online, and resign. You tried to play the system, that's on you, nobody else. Te chingaste pendejo! 

P. S. This will be difficult for the UNGRATEFUL B-MS  to understand. You're not losing your job, the VSP doesn't apply the same everyone. Read this again, THE VSP OPP ya you know me DOESN'T APPLY THE SAME TO EVERYONE. 

Do you understand? I hope so,  you're a selfish ingrate comparing yourself to someone that's losing their job. Get your lazy a-s to work! 

Severance payout received. Any idea when April end RIF'ed employees should expect PSP?

I encourage you all to watch the latest episode. While they didn’t state official reduction numbers, Sarah did allude that 4/5 people laid off will be from the VSP.

For an example, if the reduction goal is 5000 individuals then approx 1000 individuals will be laid off involuntarily.

Of course it is still vague information, but hopefully it helps some of you who are worried about an equally wide-spread involuntary RIF.

...Don't ask how many of our promo team survived the latest RIF.

I wasn’t eligible for VSP. If RIF’d, what can I expect? There’s nothing in policy any longer surrounding severance. Will I even get a couple weeks work of pay for just under 2y of service? Anyone have historical knowledge?

Should we assume those who were NOT eligible for the vsp are safe?? Seems like the only ones affected are the ones with vsp offers?? I also assume that if we’re not laid off we will be dealing with the fault out. But im PCC so idk how IT, or any corporate roles would impact me

Heads up: if you're on UMV, many of the senior leaders are leaving. This is one of the orgs that will get RIF'd and moved offshore with Cognizant contracting.

Leaders who took Voluntary Separation Package

Kristen SVP,
Nicole VP,
Jeremey VP

and many other managers and engineers.

Maybe they know something you don't? If you don't have a plan, start planning now.

https://analyticsindiamag.com/ai-news/cognizant-lands-centene-mega-deal-worth-over-500-mn-report

Please make it make sense! They basically RIFing my coworkers but they are promoting (if anything in name only) coordinators to analysts. How does that make sense???

Just had a department meeting, they are offshoring Medicare bus ops. made it sound like enough people took the VSP to offset lay offs but also said they didn’t know and it was above them. They claimed the VSP was a separate initiative from this and the “timing aligned” not sure how it aligned when this news could have made people choose the VSP. Not sure why they would wait to announce this after the VSP deadline. 13% of bus ops took the VSP they confirmed. Stated they were going to move people into new positions within the next few weeks which ironically aligns with the RIF date. Good luck everyone and congrats to those who accepted the VSP and it worked out.

No rumors yet. What's the dealio? Maybe we finally sidestep it for once.

It has been confirmed that there have been some RIFs completed today. Unsure of how many people were affected or departments. Anyone have any more information?

There were several posts about the rumors of SMgr, AD, D & SD. Are they still on the target lists for the 2026-2027 RIFs?

Anthem -> Carelon b/c that’s where the growth was supposed to be. Now nothing but infighting is going on at Carelon - I can’t get a straight answer on what to do and it looks like everyone is moving back to Anthem? I wonder if my old boss will take me back? Of wait, she was RIFd :(

I’ve seen high performers get RIFed…if they’ve been on their ADs sh-t list. Does that imply AD had a say in the job loss? Serious feedback please no trolling

Several colleagues hit with 'company wide' rifs yesterday and today. Tomorrow last day. Rifs are a fact at broadcom, even when it's not needed.

I got a partially meets for the first time in my career based on very shaky reasons that didn’t reflect my work or feedback. Anyone else in my boat? I’m assuming this just makes me first in line for RIFs, but is it an automatic de*th sentence? If my part of the business isn’t hit will I be let go anyway? Obvs no one is psychic, just wondering about lived experience.

I am actively being recruited by other companies and been around 15+yrs. With the rumors about new layoffs getting louder daily, I am trying to figure out if there is a way to volunteer? Has anyone directly asked to be laid off? How did it go?

I'm not sure who knows how some of these things work but the VSP gives the company the ability to plan a org flatten and restructure over time, that's the "Long Term" plan.

RIF is the big cut

So..... The order of things
Phase 1
String this along, a percentage have already and will just quit (voluntary attrition is best and cheap)

Then kick off the plan.
Step 1 - VSP notifications and dates are final
Step 2 - Month or so, after a period of time to give people that are not happy with their VSP to just quit on their own. (again voluntary attrition is cheap)
Step 3 - Some point around the month you'll see a sizable RIF to scoop out the undesirables that didn't take VSP.
Step 4 - Long departure dates, the workload will increase, metrics ill change, micro management will be the theme.

,,, oened up in India after the April 2023 RIF doing?

Release dates all met?

Code excellence?

New technology advances?

Any news on more layoffs and RIFs?

Anyone rif'd in the past collect unemployment? Do you file on your last day worked and get it after the 1 week waiting period or do you have to apply after your severance weeks are over? People with personal experience please reply.

Almost forgot to post about this. Heard a PL (not mine, she's amazing) one day the week before last say "Mission Simplify has nothing to do with layoffs and RIFs. It's all about operational efficiency."

Riiiiiiiight.

With the recent layoffs and RIFs across WPP, Publicis, Omnicom, and the broader industry, I know many people are navigating a difficult and deeply personal moment.

For those who are comfortable sharing, were you able to negotiate any part of your severance package? I am particularly interested in whether companies showed flexibility around severance duration, benefits coverage, bonus or commission payments, equity, or the timing and terms of separation agreements.

No need to share anything confidential or identify yourself publicly. My hope is simply to help people better understand what may be negotiable and advocate for themselves during an already challenging time.

Hot off the presses. Not really the presses; I found this out by accident via a careless senior employee. I’ll leave it at that.

Supporting Functions (Finance, HR, Legal, Gov. Affairs, Administrative Services, etc.) will see a RIF action. No timeline was mentioned. Names were not stated but roles were. Obviously I’m not going to mention those role titles because you can tell many of them are only held by one person. Eg if Nike has a role called “Director of Currency Transactions in Latin America” that probably means one specific person. I made that example up but you get the point.

It appears that like with prior layoffs there’s an emphasis on higher level roles. My surprising takeaway was the number of Director and higher positions in some of these orgs. For example one of these orgs is about 50% worker bees and 50% Directors or higher! This matches what I’ve seen in some Nike orgs where they became top-heavy when times were flush. Can’t have ten senior managers overseeing ten actual workers.

I can’t say I’m surprised. With a few exceptions I believe Supporting Functions has mostly avoided layoffs so far. It was going to be their turn eventually. Especially with those orgs that are top-heavy.