#rumor

If we go by the media reports, that doesn’t seem to be the case. But then, who still trusts leadership at their word? We’ve been stressing for weeks over the coming big round, and now it sounds like it might turn into a drawn-out affair. No company, and no fu--ing job, is worth this much personal anxiety and collective pressure.

It seems to work like a magic just a few months because we cut or ki-led 35K family heads.

Any rumors about next week? Nov 6th is on the layoff calendar!

It was moved. Still on though.

Checking in to see if there were any 4 pm / EOD comms or meeting invites stateside. It was reported that TII received invites at 4 pm IST

I hate the lack of info from management.

According to Bloomberg. Wonder when round 2 will come.

We need that person or people who had the very solid info before The Email came out to come back and feed us more.

How is tomorrow going to unfold? This one isn't like the last one (2015). There was no notice ahead of time.

Can someone who knows please tell us if there will continue to be small rounds with a team here and there or if there'll be another big bang in January or February?

Heard that hgas is on the way out? Anyone else hearing things?

Lots of speculation lately. Haven’t heard sh-t

Has anyone seen or heard if there are areas that are likely seeing more hits now that we're getting more invites. Sorry, no info here .

With One Allstate looming are they getting absorbed? I heard rumors about them being brought over.

Any word on the Fallen Timbers JCP being on the store closing list? My mother works there and is a rumor going around that they will be closing soon. Just wanted to see if she should start looking for work. She really does not want to transfer to the Franklin Park store

Any rumors on buyers for PSS? Panasonic might make sense given their partnership earlier this year.

Rumor is that security guards are getting laid off at the end of October.

October 28th seems to be the day.

Anyone know how it'll go down?

I heard a rumor about owned brands and am wondering peoples thoughts. I know everything is rumor so who knows but I heard owned brands design may be very impacted. Has anyone else heard anything?

So hearing from multiple sources inside and outside of the company that our management is pushing hard for a sale to Thoma Bravo. They own multiple companies in complimentary spaces.

This is what the industry has to say about them:
Employees at the companies it acquires,experience can be negative, often involving layoffs and a focus on cost-cutting after the acquisition.

I was surprised (but kind of not) that nobody in my area of OB was active on Slack on Friday.
Are people just taking these next few days off until Tuesday? It feels really stupid to be wasting any breath working for deliverables if I might get the ax on Tuesday

There’s talk of more layoffs coming, although the last round didn’t address the real issues and was just a quick fix to cover overspending. Cutting experienced employees with deep knowledge of the systems has created gaps that are hard to fill. The company is losing people who understood how things worked, and new hires don’t have the same level of expertise. Until leaders make real changes, it’s unclear how things will improve.

Fossil Europe bankruptcy

There's a buzz new round of changes are coming ONCE AGAIN to people's manager.

Chapter leads, group chapter leads, delivery team leads are going to have new fancy titles.

Not sure what's the future for associates level 5-7.

Anyone knows what's the new team structure?

I've been monitoring this site for the last month or so. I'd like to ask whomever knew the actual details (dates, we'll get email to WFH next week, etc) to come back & post what we can expect on Tuesday. Will everyone getting a meeting invite - one group who are laid off & other who are not (at least not this round)? Will it be by pyramid? And why Tuesday? Why not just do it yesterday? Did MF send the email on Thursday because the rumor was growing or was that the plan all along? We didn't get a heads up in 2015, so while I guess it's nice to know it's coming, 5 days notice is just too long.

Word on the digital street: AI results are flagging Rick Gomez and Jill Sando as “OUT.”

NO official word yet since Fiddelke’s email, but AI whispers are blowing up across threads. If REAL, this could SHAKE Owned Brands, leadership, and strategy to the core.

Some say RUMOR, some say LEAK, some say REALITY. Either way, the chatter won’t die.

Who’s got insider intel, hints, or even half-confirmed whispers? SPILL IT ALREADY — we’re all ears ☕️

Nov 21st - Has anyone heard about some leaders told to keep Nov 21 open for something. I am not sure what...nothing good or just a management meeting? I saw a post here a while back that mentioned it but wondering if there is an update with more information.

General update: US Silica was purchased by the Apollo Group ("wealth management firm") in August 2024.
Almost immediately layoffs in the corporate structure (not surpising, given a buyout)
Company is now ULTRA focused on cash - so very little capital spending, really digging into every bit of money spent.
Rumor is that they're trying to sell the Oil & Gas plants.
ISP - They laid off all of the mining employees at the Lovelock, NV plant. (Most of them got rehired by the contractor that they hired to run the mine now.) Several plant employees also laid off, not sure how many.
Decisions being made at the corporate level without regard/knowledge of how the DE plants run are going to make it impossible to keep the plants open. Orders in general on the DE side have been low since Nov 2024.
I'd stay away from US Silica. They also have a history of laying people off right after performance reviews (in November) . That way they don't have to pay any bonuses, since you have to be employed in March of the next year to collect the bonus from the year before.

Where is everyone getting their info about execs let go? I would like to see a whole list as it might give us some idea about where the layoffs are going to be.

Sounds like many VPs and above have been let go today. Anyone know who that was?

The absurd gifts and celebrities for the holiday gala can't overtake the news...we still aren't paying vendors even after a 600 million bucks cash infusion..With sales down so drastic it may be time to throw in the towel..

You can thank Trump for this one - more jobs are moving back to the US. Expect big changes in 2026

Coming soon folks…

Merry Thanksgiving and happy f*** you to all the aero employees about to get laid off.
Its going to be a sad holiday season for 20% of aero this year

I heard there was more layoffs this week? Who was affected?

what is going on? is there a big layoff coming?

According to HR sources, we expect another wave coming week in Europe. I don't have details on countries.

Heard some concerns in a short meeting today. I’ll just say EVERYONE 🔝⬆️ was caught off guard smh

Overheard two managers talking about upcoming layoffs the first Monday of November. Didn’t hear the whole conversation but heard WFH staff in Oriskany and Dallas. The list has been finalized and positions are being filled in Pittsburgh and Houston. Good luck everyone.

Title is the question