#rumor

Is it true, then list is finalized.. layoffs may start from Tuesday

Started layoffs on 3/17 in US and slowly going through each org and countries. Trying to keep it silent as much as possible by only targeting one or two org per week. But yea the ultimate target to achieve will be around 30k as roumered by end of qtr. Be prepared, no exceptions this time !!

Rumors are saying April, is that correct?

Nothing to see here… perfectly normal for high level persons to be selling some stock all around the same time

http://www.openinsider.com/search?q=BAC+

Rumor has it TPG is talking about stepping in to buy the struggling clinic after Optum couldn’t turn it around. We shall see…

Share price nosediving.

CK and iceman DA staying.

MA probably being replaced by JG, the person responsible for messing up HPOM by making DMs people leads (rumor has it that Marty Cagan has disavouwed SAPs HPOM implementation also due to this).

Chuck gone, RIP.

Are we doomed?

hope nobody moved to this area recently...

So what's the buzz out there on VCG layoffs?

I'm certainly not defending Citi and I'm well aware that a deluge of layoffs or a 'quick tiuchbase" could happen any time but card layoff activity has been low or nonexistent in March. Anybody seeing something different?

I have a friend who sits in Raleigh. He told me his manager said they will phase that site out in a few years for his lob. Has anyone heard similar?

Someone told me that Imperial Oil is selling its Upstream assets in 2028. Has anyone heard anything like this??

Who can tell me what project North Star is? I've heard rumblings it will be massive headcount cuts in Houston. Anyone with details?

Probably a couple more months until they close their doors. No more Weatherford in California.

I'm hearing all Tech will wfh next week, I'm hearing about a 'tsunami of layoffs', I'm hearing of mass debandings, I'm hearing about layoff percentages I don't even want to repeat.

But it's all rumors.

What do you KNOW FOR A FACT?

With all the layoffs and the CFO leaving to “prioritize family matters” is something big coming? I remember someone here saying last year that the company was going to be sold in April. Maybe that’s true? Maybe it’ll be split into smaller companies like kidney co.

Any details on which orgs/regions might be hit?

Heard that rumor

heard layoffs in BH happening today...

What is happening tomorrow?

Can anyone confirm/deny if there will be layoffs at the corporate HQ’s this upcoming month?

So is it officially gone or what? I’d rather be told it’s discontinued than be told it’s still waiting for approval.

Please post here throughout the week if you hear anything about the potential 3/19 RIF, information is power....

I heard a rumor that Shell will announce a spin off of chemicals after first quarter results if they are “good enough” (whatever that means) and will fire the leadership team if results are below that threshold. Any confirmation? Other rumors?

Anything confirmed? Rumors are all over the place.

A lot of rumors have been flying around the office lately, though nothing sounds substantiated. I just can't figure out why layoffs talk suddenly picked up. If anyone knows anything, please share.

does anyone think a 3rd round of closings will happen?

Anything new on April layoffs at Western Union? There were so many rumors flying around, and then total silence. Not sure what to make of it.

Do you think at this stage, given the scale of redundancies already undertaken, that we are relatively safe from the 'sweeping layoffs' being announced elsewhere? No mo--nic responses please.

The number is larger than we assumed, so it's going to take some time to figure things out and set everything up. This'll be another long wait.

doubt LT or HR is reading posts from this site, but they probably should

regardless, maybe they'll stumble here and read this 4 sentence summary from the last 14 days of posts here.
yes, they should be getting a rolling 14 day feed to their inbox daily, but probably can't figure out how to do that, or if they even care, tbh

well, here it is anyway:

The Nike employee community is currently defined by a profound sense of anxiety and a breakdown in trust, as workers brace for rumored "March-April" layoffs.
Morale has plummeted due to a perceived lack of clear communication from leadership and a declining stock price that employees feel reflects mismanagement.
Many staffers report extreme burnout and a toxic environment, leading some to openly wish for voluntary severance packages just to escape the company.
Ultimately, the consensus reveals a workforce that feels undervalued and deeply pessimistic about Nike's future identity and stability.

The plans are in the final stages for a MASSIVE Layoff of all H1-Bs from TCS North America. This is due to huge pressure from the Trump Admin for any and all suppliers to the US government to eliminate ALL H1-Bs from payrolls if you want to be a supplier to ANY DERIVATIVE government agency, you need to eliminate all H1-Bs from your payrolls.
That means there will be an ELIMINATION of all H1-Bs from TCS USA payrolls.
Most H1-Bs should plan on moving back to India or wherever you were sponsored from as things are about to get very ugly.
This action is due to TCS aggressively eliminating US citizens and replacing them with cheap slave labor from India or wherever they were sponsored from.
Goodbye H1-Bs, you had a good ride but it’s over now.

I'm hearing rumors on the regular about layoffs in April, is this true?

I have now heard this rumor enough to feel confident to repeat it.
Salary buy outs are on the way.
55+ and 30+ and you are a candidate.
Finance Barbie wants people off the books.
Her glasses are too dark but I like her.
She is fairly authentic.
But still not sure how they spread that 19.6 billion around.
Stellantis binned it all in one year and gave UAW ZERO!
I think we got lucky and next year will be a *
I personally will take my 9 or 12 months and hit the road.
Good riddance.
Saves me retiring with only one days notice.
You don't have to give any notice by law so you know.

We've been hearing rumors that they plan on closing the Canada audit group in Mississauga. Can anyone confirm?

Has there been any layoffs or anything coming in independent testing and validation outside of getting rid of the people in California for location strategy ?

5 days until 2025 earnings call.

Will we get 2026 store closing announcements?

Any other surprises coming?

Anyone heard anything about layoffs within the US UW division?

Is anyone able to clarify what to expect on the 26th. Is this just Europe, Middle East, Asia (EMEA) or is this also in the states? Is it an offer of a VSP or a RIF? The posts have been vague.

Anyone know why Denise is leaving as CFO? Concerning as I felt her financial transparency was refreshing.