#rumor

I heard from reputable source, that although marketing VP GH is stationed in OKC… marketing jobs are expected to relocate to Houston office for better commercial exposure. Sorry for the facts, just want to keep people in the know so there’s no surprises. Hoping the best for all involved. This isn’t fun for anyone.
Xoxo,
Gossip Girl

just seeing this all now. can someone give me an outsider's perspective of what happened?

I've heard there will be 1% layoffs with most groups exempt

Anyone hear any different ?

No one really seems to have any idea what’s going on. I think the stress is 100% based on the rto news

Anyone know if FCAT or Green Meadows are impacted?

to put out a statement that either confirms or denies this event if it is indeed true or just rumors.
It’s bad business keeping it out there it can shake investors too hearing about this. Everyone wants stability. Needs stability so transparency is paramount.

Heard people will start getting notified from May 18th in the US. Also heard the entire IT in Costa Rica will be shut down? Does anyone has any other info.

Heard rumors that professional services team would be impacted. Also, people not meeting expectations (NME) after performance review meeting. Any insights?

It probably means more layoffs today.

Didn't Srini say last week this was done for a while?...

Will there be any more RIFs in Value?

Heard through the rumor mill they WILL be re-evaluating exceptions and it may be harder to get one.

100% layoff scheduled for 6/1. So when it doesn’t happen, I’m going to post it’s because the rumor was leaked.

ol boy stank will be in San Ramon, probably scouting it out to see if it can be closed down.

Strong rumors regarding a major security acquisition.

Oh how messed up we are getting, lol?

it’s starting to feel like we’re just giving up and letting the whole thing fall apart. we finally got rid of makoto uchida after months of rumors, and he officially stepped down march 31. on paper that sounds like a reset, but honestly it feels more like panic mode.

now ivan espinosa is taking over. he’s been here a long time, so it’s not like some outside savior is coming in. it feels more like reshuffling the same deck while the ship is already taking on water.

we all know the situation is rough. debt is piling up, sales keep sliding, and trust in the brand is not what it used to be. insiders were already saying late last year that nissan had only 12 to 14 months to turn things around. that clock is still ticking.

what really gets me is the honda deal. from what i’ve heard, honda wasn’t the main problem. we were too stubborn about not becoming a subsidiary, so we may have walked away from the closest thing we had to a lifeline.

and here’s the part that makes it worse. one of honda’s conditions was leadership change. now uchida is gone, so maybe that door opens again, but who knows. right now it just feels like rumors and damage control.

there’s also talk about other buyers or partnerships, but it all feels late. like we waited too long, made too many bad calls, and now every option is worse than it would’ve been a year ago.

from inside, this does not feel like a turnaround story. it feels like we are running out of time and options.

Anyone with inside knowledge, which group will be hit in May?

I don’t think there’ll be massive layoffs. Big ones are in the news like Meta dumping 8000. This is not a big RIF. My dept is barely hanging on with work we’re so slammed, so there’s no way there’s cuts. Not at the level going on here with speculation.

Doesn't really matter, I suppose, they're coming eventually. A heads-up would be nice, though. Rumors are all over the place.

Seems Apr 30 RIF was all just rumors.

If you do not believe that layoffs are coming, then just scroll past.. do not have to respond it saying fake news..

I want to hear from someone here if anyone has first hand info on layoffs.. which orgs are being targeted and is it targeting individual contributors or managers or evenly distributed

Has anyone heard about the secret projects prepare for an end to captive agency

Doesn’t seem like any layoffs are taking place today????

I believe we'll only be safe come Monday.

I’m hearing merge between IA and BA anyone else hearing ?

Thoughts? One more Wave? Two? All done.

Almost all folks in my circle think it's at least one.

Heard any rumors? How realistic is this?

Heard through the grapevine that there would be layoffs this week, can anyone confirm?

So someone mentioned there being a realignment in my area after the next employee survey. Anyone know of any lay offs in May?

There are a lot of concerns about the international market being included in potential layoffs. Has anyone heard any rumours?

Any intel on layoffs in Optum Serve?

Seems like Optum is doing everything it can to eliminate Wellmed, just wondering what we are up against this week.

I heard that Accenture doing a "survey" and may takeover GNT / Engineering soon. Anyone heard the same?

Just got world from my Sr Director. Work from home next week. Layoff announcement goes next Thurs. I’m in Lake Mary, FL

Converge. Sales Kick Off in Vegas. But I am hearing that layoffs will be third week of May which makes no sense at all to fly people to Vegas and then lay them off. But...NetApp has done crazier things...

Any chance somebody knows more about this? Whether it's true or not, among other things?

It's small, but it's happening.