#rumor

Chatter about a big announcement. Anyone got any deets?

I heard a rumor that sometime next year USB will begin telling remote employees to move to a hub or they will be considered voluntarily quitting - so no severance. Don’t think this could realisticall happen all at once so I imagine it would be phased. Anyone know if this is true? I’m in a weird situation where my entire family works remotely for USB. They closed our hub so this would be devastating.

Especially those already going through tough stretches in life. This happened at the worst possible time of year, and now people are heading into a brutal job market. Judging by the rumors, many of us may still end up joining our departing colleagues in the coming months. I wish all of us the best, and hope we all come out of this truly bad period healthy and happy on the other side.

Jobs are being shifted to India ASAP

Cisco Just invested Billions in India manufacturing and training while cutting training, offices and resources in the USA

Rumor has it that they are moving away from Tableau and Alteryx . Going to Databricks, PowerBI and Superset. Any truth to this?

Word around Buffalo is we’re about to have massive layoffs. My neighbor even asked me about it. Anyone know when they will hit?

Strong rumors of an upcoming acquisition in the security sector

With a freakish skyrocketing of the stock price from 241 to 328 on September 10 with a trading volume of over 130k, who was it that benefited?

If you didn't unload before November, well, maybe there will be another before years end.

We've heard the news we need to shed from 130k employees to 100k. But now we're hearing shedding 50%, by end of 2028. Anyone else hearing something?

There will be a huge round of layoffs happening in Optum with notification date of Jan 22. Every business is at risk, as Corporate handed down mandates of between 10%-30% reductions depending on the business. More happening in Feb & Mar as well. Oh and RRP Funding STILL hasn’t been approved.

Certainly helped AIG stock today! Interesting read: https://www.investing.com/news/stock-market-news/chubb-reportedly-makes-takeover-offer-for-aig-stock-soars-93CH-4401708

Under Corporate risk - Credit Risk - Risk modeling.

Massive cut yesterday.

Most of these guys are Quants making over $250K

The rumor is lots of Quants and risk analytics in corporate risk are in the chopping block early next year

Heard big news are going to be delivered most likely at the townhall next week. Anyone knows what’s coming down the pipe? More layoffs? Leadership changes? Sell of parts of business?

Any rumors on Pine Island?

Any rummors about possible divestment of Shell Chemicals ? Have heard that they want to somehow separate it.

Seems like the rumor is coming true

https://www.masondc.com/blog/contract-awarded-wells-fargo-one-flagler

If you're smart enough to read between the lines, you should see BIG changes coming up on the horizon

Anyone have credible information or evidence that a layoff will happen? Please no, “Wayfair will always lay off” post with no evidence. I am trying to piece together real evidence to see if a real one will happen soon

Does anyone have ANY information on who will be affected?? Like teams/sectors?

Anyone hear about another round of layoffs?

Does anybody really believe we'll have more layoffs this close to Christmas? Because I don't.

This anxiety is ki-ling me. Not knowing what groups are affected or the rumored groups… someone has to know something…

I am not a T-Mobile employee!

You heard it here first. This time next year there will be news of T-Mobile headquarters being moved from Bellevue WA to Overland Park KS. Final move will be 2030, following expiration of contract with Bellevue. T-Mobile has been in talks with KS reps and are close to a deal surrounding lower taxes. T-Mobile execs already working to move jobs.

Prepare!

Rumor has it, trading will reorg next year..any truth to this?

People are talking about this but I highly doubt there's any truth to it. Can anybody confirm something like this is in the works?

"Laid off employees will receive the severance package as in the last cycle in calendar year 2025. Legally within the same calendar year terms of severance cannot be changed.

I also heard that after 5 December 2025, every employee who is laid off notices are given will receive a fixed 12 week severance regardless of seniority (meaning those notices going into effect in 2026). "

Has anyone else has insider information to verify or contradict this?

When are next layoffs ?

Heard they went up as Cisco stock price drove employees crazy, and they are buying more protection and birth control pills from these stores. It happened to Juniper Networks employees 3 years back.

Heard it here first. Is a merger really in the works between BNY and _ in 2026?

anyone know if dbs is closing? been hearing rumors from old coworkers there that its gone massively downhill? doing less than 350 bits a month now. we used to do 1200 on roller cone alone and that entire line is gone now!!

Looks like beginning of end for Gainwell. Any predictions on doomsday when Veritas will piecemeal and sell it to two/three other VCs? Mar 1st 2026?

Most likely it will be before FY26 end ~Feb/Mar 2026.

I’ve heard timelines all over the place, from now through March. Has anything new or reliable come out?

There had been rumors that the severance package will be reduced next year, driven by expense and the cash situation. Anyone insights?

I was recently made aware that IT is also having a layoff this quarter at the same time as the fabs. I was wondering if anyone knows how substantial it is?

If you are planning on taking Walgreens private, wouldn't you want to pay as little as possible to do so? And, once you own the company, wouldn't you want to "improve" it easily to make as much money as you can when you sell it or have it go public again?

For instance, is it possible that Pessina/Sycamore/etc. intentionally:

1. Created a bad anti-theft policy so Walgreens would incur losses that could easily be made up after changing this policy later.

2. Created bad losses like the doctor office scheme, etc.

3. Paid massive amounts of money out to 'leaders' who were either friends or affiliated with each other.

The reason I thought of this is because of all the new over-stock all the stores are getting. They obviously held back on stocking the stores immediately before the sale and then after the sale, went back to making sure stores are fully stocked. That is at least somewhat of a manipulation. What else did they do.

Managers found out late last week. RIF coming early the week of Xmas. Atlanta HQ and remote/non-compliant RTO employees impacted among others.

Rumours on new layoffs in mke and mqn?

Word is LTIMindtree might be on way out finally.