#rumor

That's all this latest rumor is about. You buy a company, you get a chance to get rid of redundant positions, and somehow the number of such positions is always huge. As if not all of them are redundant, but were somehow marked as such because, why not use the opportunity to the max?

Too many rumors going around to just ignore them outright. Does anybody here know anything about potential layoffs in the next month or two?

Anything concrete?

Is this a certainty or still just a rumor?

Is this true?

I know everything seems great on paper, so why are we hearing more and more rumors about major layoffs coming before the end of the year? Can anybody with insider knowledge please shed some light on this?

Is it going to be the same as the last time? I'm hearing there might be some reductions, but I truly hope that's not true.

Usually layoffs happen between Tuesday and Thursday (I have no idea why those days seem to be so layoff-friendly). What are the chances this begins on Monday?

September is coming in hot. Hug your coworkers, motivate and encourage each other, update your portfolios, and keep your heads up.

Could there be any more realignment possibilities left with the rest of the facility?

Heard chatters about Q enforcing minimum hours per day (like Amazon) spent in office in the near future. No more coffee badging. Anyone could confirm if this is a rumor?

I know there are layoffs happening this Monday 8/24. Does anyone have any intel on the scope?

The rumor is that, although they have been on the walls offering antacids, ibuprofen, band aids, etc for a decade, it seems there has been an influx of new people that seem to think they can steal all of the single serve medicine packets and supplies every time they restock the supply boxes, so they have just decided we can no longer be trusted and they are removing them entirely...
Thank you thieves and exploiters... this is why we cannot have nice things!

The current rumor now puts a EISP offer potentially in October for 4th quarter.But let’s face it the union people costs are already built in the expense for the next 4 years.The company knows by the then most will leave empty handed.So what I hear in New Jersey especially with Multiple fiber builds going along with many different network transformation projects there will not be some across the board massive EISP offered .The head count is not there any longer along .Coupled with the fact the company has the ability to just shuffle people around pretty much to anywhere in the State they need them to work the projects.The 30 mile rule the way it’s laid out would take you border to border in any direction.I have no idea about NY they may be different.Along with more then likely a number of offers to inside type people .So good luck ,but don’t hold your breath or base your future off Rumors of a huge pay day .

Any news about new round of RAs in September?

Now that the DCG was booted, are we done with layoffs for a while? Or are the rumors of a 60000 headcount true? I told my friend at work he was just being paranoid, but I don't know what to trust anymore

Latest rumor October layoffs.....

There was a post on the r/IBM Reddit page this morning that has since been removed by the executive team's flying monkeys. The post discussed 17 products being sold by IBM to Persistent and didn't go into further detail as the person who posted it was worried about being outed. Has anyone else heard this rumor?

Some interesting chatter is coming out of Florida this week.

Word on the street is that the independent investigation into ousted L3Harris CEO Chris Kubasik isn’t just looking at his recent behavior. Apparently, investigators are digging into old HR complaints from 2021-2022 to see who else knew what was going on.

As most of you know, 3M CEO Bill Brown was the Chairman of L3Harris back then and engineered the merger with Kubasik. The rumor going around internal circles is that some senior executives are worried paper trails or emails might surface showing that Brown was warned about Kubasik's conduct years ago.

Read here in the Wall Street Journal: https://www.wsj.com/business/women-at-l3harris-shared-concerns-about-ceos-behavior-years-before-ouster-966010ab

Not good for 3M if true. I hope it's not true.

My whole team in Europe is on PIP...

We were put on a PIP after being classified as low performers. There are about 15 of us, and we don’t know why we’ve all been put on it together. We assume the idea is to fire us afterward, since we haven’t been given any further information other than being told to meet the PIP objectives. However, we’ve been hearing rumors that we’re going to be fired in a month.

Keep hearing rumors about working from home on Mondays getting approved. Anyone have any updates?

I have never seen anything official announcing that a PIP process would be enforced on the lowest ranked 5% in the new performance system.

Where did this all come from ? … or is it all rumour mill ?

I heard that several managers are receiving a huge package as "performance Bonus". True or false?

Wall St insiders say Sycamore is shopping Staples. Syc sees end game for value by ‘28. Anyone else hearing anything?

GCC syphoning $$$$ at light speed, triggering Syc bailing.

Hearing some chatter about another RIF on 8/1....something along the lines that the RIF on 7/1 wasn't the complete list in order to avoid public reporting....any truth in this?

Why senior bank fraud leadership change? I hear scandal?

Are others hearing more layoffs in Jan or Sept?

VP's will fall this time

Had 3 people I know be fired for this… looks like they’re ok to the next wave

I heard Elliot Management is cutting their losses and moving on from Medtronic to greener pastures.

Rumor around HQ today is that easing the 5x RTO policy is actually being discussed and could be on the horizon. If true, it would be about damn time.

The employee feedback has been clear. The commute is draining, morale is in the toilet, productivity has drastically decreased, and the policy is making AT&T less attractive to the exact talent it needs to retain.

Rumor is leadership is finally realizing that forcing everyone into an office five days a week wasn’t the brilliant strategy they thought it was.

Nothing is official, but if this actually happens, it would be a pretty big admission that 5x RTO went too far.

The rumors are legit. Talks ongoing for Uniti to acquire Fidium.

I have been hearing rumors that TPD may be completely dissolved and merged into VCG, GTS, and VBG. Does anyone have any insights on whether this is accurate? If so, what is the expected impact on the current leadership team?

Anyone else catching wind of HR cracking down on the required hours in office? I heard a rumor of a VP having a discussion with some salary ACs and told them 8 hours in the requirement. 1. Why are they literally bringing down the hammer? 2. I’ve never once stayed longer than 6 hours in the 6 years I’ve worked there. 3. Why are salary workers being mandated to stay for a certain amount of time? You’re paying them to do a job; not to do something for a set amount of time. I’m so sick of this bs. How can HR be okay with something for YEARS and then decide it’s no longer OK to leave early. Loosen up the handcuffs a little, jfc.

What does the future of the FP&A org look like at VZ? Any rumors?