#rumor

So is it actually happening tomorrow? I know there was a meeting with leaders today but what was the outcome?

For everyone saying “I’ve heard” followed by some sensational claim like there are palettes of boxes at TPS, please recalibrate your plausibility sensors or find a different outlet for your gossip.

For those lurking, hoping to find a droplet of truth, throw out half of what you read here, and remain skeptical about the information you’re left with.

Layoffs are coming better hope your not on any list.

Is it going to happen on a Tuesday? I heard it was this Tuesday but now people are saying next Tuesday? Why Tuesday and not Friday?

Just announced...November 5.

So… brace yourselves 😬
I just got word from a very reliable source, Friday’s Town Hall is reportedly going to be about RTO… four days a week.

Yep. You read that right. Four. Days.
Consider this your early warning

Not thrilled (at all) about this, but… you heard it here first.

Any new information? Just seeing people vent (which is understandable). This is too big and widespread for nobody to know anything

I’ve heard there are pallets of boxes on the lower floors downtown. Is anyone seeing that?

looks like there might be more coming

Whenever there are cuts somewhere else, I feel like that's just a prelude for us. Maybe I'm just being paranoid, but I can't help it.

Any truth to these rumors? If the answer is yes, fu-k Citi. That's all.

1. Given the mix of signals: yes, there is a non‐trivial chance something will happen (at least in some business units).
2. No, the rumor of an across-the-board, massive layoff next Tuesday is not firmly substantiated. It’s best treated as a possibility being promoted by this contributors who are scared or repeating rumors, not a certainty.
3. So if we were to assign rough probabilities (just an estimate):
   A. Some layoffs in certain units in the near term: ~60-70%
   B. A broad, company-wide massive layoff next Tuesday: maybe ~30-40% or less
   C. The status quo (no major layoffs) is still plausible: ~20-30%

Target has been doing smaller, quiet moves all year. There isn’t a need nor desire to do something so massive that it further erodes consumer confidence, invites more scrutiny from additional boycotts, and possibly drives away top talent while paralyzing those who stay. More likely it will be continued, surgical cuts while bolstering/hiring for areas that leadership believes will drive positive change for shareholders.

I know it’s tough not to panic, but take a breath. You have zero control over what happens to you and your peers, unfortunately.

Bumping this from @bn+1k819dxn1.

If more layoffs are supposed to happen this week, then I'm assuming it's going to start today? Tuesday through Thursday are usually layoff days, for whatever reason.

Has anyone else heard that rumor from Oregon about more layoffs coming in mid-November? I’m trying to figure out if there’s any truth to it. The only thing I’ve actually heard from people I work with is that some teams are merging and a few folks are being moved around. That could easily explain some of the chatter.

So when I saw a Reddit thread claiming that a supervisor told a tech “more layoffs are coming,” I wasn’t sure how much weight to give it. There’s been so much speculation lately that it’s hard to tell what’s legit and what’s just people trying to fill in the blanks. Has anyone heard anything?

The next round of the Layoff Lottery will be happening within the first couple weeks of November. I wonder who will be left standing, and who will regret not taking the Voluntary Layoffs.

What are you guys hearing today?

So much anxiety.

As an OI worker nobody has really said or heard anything at least in my little corner, albeit my team has never had layoff whispers or issues since I've been here, so now I'm really curious since OI has been mentioned a lot here.

Isn't OI quite a big sector? What kind of roles are we talking here?

Will say it out loud anyway. td is done already.

good luck folks!

No rumors? Nothing at all? Strange! I'm also curious on how WFH is going in USA, in Europe nothing changed as far as I know (many peer competitors still offer 3 days a week here, while AIG has only 2)

I'm asking specifically about the US.

Has anyone else heard that Doug is going to Apple to assist with their in-house AI program? A few people mentioned this during a meeting late last week.

Not asking for a rumor, or a guess, or a speculation. Can anyone in HR or anyone in a related part of the company that manages things like slack, or anyone who 'recently had dinner' with either of those people can confirm whether this is a bug or not?

We all know that layoffs are coming basically a week from now. Can anyone confirm or deny what's happening? So far the only 'official' word has been in the #slack-tips channel where they called it a bug that they're working on, but I am inclined to call bullsh-t. Murray and Success factor have been unaffected, though.

Anyone or insiders hearing anything about another round of layoffs? Word going around is that more cuts could be coming soon, possibly linked to the recent divestitures and leadership changes. I’ve heard talk that Sales, Marketing, and Engineering might be hit again, especially non core or lower performing roles. Curious if anyone’s heard when this might happen or which groups are actually at risk.

Just heard at a party last night that they are getting rid of even more people next week than they did last week. My understanding is that the economy is about to make a very huge and very drastic U-TURN after a HUGE announcement about someone in power.

Once that happens, all heel will break lose and Brian will have to accelerate his RIF plans.

This came from a very trusted source!

So now I'm hearing they will be announcing layoffs after the Nov 4th quarter results global meeting. This is out of oklahoma city call center. How viable is this rumor?

What is your best guess on when Geoff and his BOD get bounced? Rumors are flying (again)

So all the Big Swinging D!cks got together this past week to figure out how to get rid of more people or whatever and they had a bunch of guest speakers talk leadership to them. Interesting list:

1. Andy Jassy - who runs a company notorious for sweatshop practices in the warehouses and highly political PIP and stack ranking culture for management.
2. Marissa Meyer who basically took Yahoo out back and shot it after she took over - though granted it was already in deep sh!t but she certainly didn’t help.
3. Steve Ballmet. Yes he built a nice arena for the Clippers but MSFT stock took off after he left and his Clippers are implicated in potentially one of the worst NBA salary cap avoidance schemes in decades. Apparently he and Stankey were having a grand old time according to my VP.

And these people were telling our leaders how to lead. Watch out over the next few weeks

Supposedly it was going to be a day or two affair. Now it looks like this will drag on for more than two months, and that’s if we’re lucky.

What is the latest with APLA and when will it disband?
I'm really concerned about CS and the role they will hold when this change takes effect?
Asking for a friend.
Thanks

Rumor has it that Toni doesn't know "what to do with all these sales people". Apparently unimpressed with the Juniper sales teams. Are you ready? Get ready!

Rat has a history and quite a wild history.. look what is going on with ELV SLT

https://x.com/realmattforney/status/1976735339843580370?s=46

Is it at all possible the rumors are wrong? Target still has openings listed on indeed. We’ve heard nothinb(not that we would before they wanted us to). Is it at all possible? I still don’t think they are going to want even more bad pr. Or am I just wishing it?

Exited last August via layoff with VSP. I often return to this board to see what’s happening. Hearing rumors of Oct 23 reminds me why I am so glad to be gone. 20 years in and glad for my gracious exit over a year ago. Bounced right into a new career I love and banked the entire enhanced severance. For those wishing you could go, maybe the 23rd will be the exit you don’t realize you need. Good luck everyone.

Exited last August via layoff with VSP. I often return to this board to see what’s happening. Hearing rumors of Oct 23 reminds me why I am so glad to be gone. 20 years in and glad for my gracious exit over a year ago. Bounced right into a new career I love and banked the entire enhanced severance. For those wishing you could go, maybe the 23rd will be the exit you don’t realize you need. Good luck everyone.