#rumor

Anyone hear anything about SAI? RTO or RIF?

Some successful and tenured execs were on the chopping block. JM not surprised as possibly headed to retirement, but MG was completely unexpected. P-M coming up next week I heard so this is just the start.

Closed earnings call May 7, originally scheduled for the 14th.
Dennis cokefest on the 14th.

So, June 19 exit for most of us left, right after the B-rup filing.

One rumor was May 5, anyone have a good source one way or the other?

At least, I haven't heard anything going on, nor seen anything where I'm at. It's a relief, frankly.

Someone on Reddit said that they tried calling Avaya Sales, and for the last 5 hours, everything is going to VM, and no one is calling back.

This is yet unoffical but there will be a meeting today with 3 upcoming news:

• everyone will be fired by the end of August and replaced with offshore employees (.not high management )
• company will be splited by 4 or 5 independent companies ( by region ) and FIS brand will disappear by end of this year.

Verizon has (Never) in its' history done a layoff in June.

Normally, a Verizon layoff happens each year during April, and/or October.

If it does (actually) happen, May 7th would be the date; mentioned in the other post.

Any insight if OptumRx will impacted Thursday?

A lot of baseless rumours have been posted here. You must be said after today's all hands

Word is that Anthropic Claude has successfully hacked Oracle DB, Internet Explorer and Outlook codes with ease. Dinosaur Bones are vulnerable.

Corporate Messaging to start by end of the week.

It's not a secret the OT is bleeding and drying out the divisions and there going to be another major layoff soon.

I'm hearing a lot of rumors about OT going to sell ADM bu heard SAP and others but is there any credibility to those rumors? is anyone going to buy ADM?
I guess the sale will be happening at the end of the faineance year (this June - start of July)

Verizon Layoffs - May 7th - Polymarket Bets.

Someone, not sure if True (or not); says May 7th is the date.

Say it ain’t so! Are the rumors true?

rifs strategy team with impossible plans and centers losing staff daily...is this whole thing planned? carson and welsh is coming to cash in soon. then why buy more clinics? anyone know more? rumor is more rifs in july

I’ve heard different rumors, but can they actually take your pension(cash balance) away from you if you’re let go because they deem you did not go to the office? I know they can’t touch your 401K.

Wake up people!!!

Heard this from multiple sources: they are just waiting for the split, and as soon as that’s over, the cuts will be DEEP.

So much for all the BS rumors about selling.

Is this actually happening, or just talk? Anyone have real info?

I've only seen the Q numbers. Was there any mention of cuts or reorg?

Some outlets are reporting 20% or more in total for 2026.

Rumors from credible sources shared the company plans to move the NJ Englewood Cliffs office to TX, home of its phone business. Anyone hear anything?

Has anyone been watching Steifel? Their HQ is in STL, and rumors are flying that they're getting ready to sell or merge. They recently sold off their independent channel, but for no real reason. It had to be for more than debt reduction. The independent channel (industry wide) is growing while the W2 channel is floundering...

How sure are you guys about the layoffs happening in May? Hearing a lot of mixed things and trying to figure out what’s actually credible vs just rumors. If you’re a troll pls gtfo, some are on anxiety prescriptions due to this.

Just looking for some clarity:

What offices are closing and which date is the actually real for a rif. Either way I know we will have a big one prior to October due to the Stock Award being given that month. So obviously VZ will need people not here prior to that month. So Q2 or Q3 rif is in play. Will VZ wait till Q3 or is May actually for real?

1) Rumors site starts getting more and more input/traction.

2) Big news media start noting potential layoffs possibly leaked by Dan and or his communications team. This lessens the blow when they actually happen internally and also starts painting a picture to the market. (Dan just noted AI will result in 20-30% unemployment for companies

3) Teams notified to work from home a week prior to the layoffs.

4) During a payroll week, Mon/Tues for Senior Directors and Thursday for the rest. The expectation amongst many well connected is Thursday, May 7th. VPs and higher are probably Earnings week w NDA. Probably will be same 15 min script for those impacted starting around 9am. And then all hands for folks remaining around 11am.

What else trends are anticipated here?

Do we know anything?

Is that the new strategy?

I heard nobody else is being laid off in this round, has that been confirmed?

Is it true we're the next tech company to have major layoffs? I've heard too many rumors to just ignore it.

Rumors suggest Microsoft Gaming plans a large workforce reduction. An anonymous post on Blind claimed 15% of gaming staff could be cut. The post indicated a potential announcement date of May 6 or June 5. This speculation follows a company-wide hiring freeze and leadership changes. New CEO Asha Sharma recently took over, succeeding Phil Spencer.

https://www.invenglobal.com/articles/21161/rumors-swirl-of-15-layoffs-at-microsoft-gaming

Anyone has any hints about what this year will bring? Do they plan second round of layoffs after Q1/Q2 results?

Even the cheese did not stand alone this week.

Brady buying PSS??!! What the he-l !!!

ODW is not the needful. Many jobs will be roasted. I've told you.

Word on the street from a credible source is that tomorrow they will announce the location cuts and on Thursday is when the top 10% highest base pay employees will receive their severance email.

Never understood why they make their cuts based on pay, when your top performers are the ones who are paid the most for a reason.

Alright… what is “Project Panda” and why is it suddenly the worst-kept secret?