#rumor

When will layoffs start for NetSuite in Europe?

So much convo from numerous topics. From reading sounds like pk is safe and reporting into Rebecca mall? What has everyone else heard?

Tomorrow or next week?

From an article in Medium:
“ Changing Severance Packages

Employee forums have been buzzing about AT&T’s plans to revamp severance packages for management employees in Q1 2025. The proposed shift from a standard six-month severance to a role-based tiered system could significantly impact lower-level managers’ benefits.
New tiered system:
Level 1 managers: One month salary
Additional month per management level
Standard benefits include PTO payout and career transition support”

We are well beyond 1q 2025. Maybe he is thinking 1Q 2026?

Lots of folks have heard rumors that the folks in the Wooten bldg are moving to the Forest Hills bldg. They have even gotten rid of their daytime cleaning crew. I thought they were revamping that bldg. what happened? They certainly haven’t done anything to the Forest Hills one. Slap some purple paint on a wall and call it a day. Will they revamp the Forest Hills bldg if we are all under one roof?

January 01, 2026 the pension plan will be frozen and all employees will be converted over to the current 401k match plan.
Here is the plan:
RTW-will shed hundreds
Reduction in pay and benefits will shed hundreds
Reassignments to claims will shed hundreds
Outsourcing and AI will shed hundreds
Pension going away will shed hundreds
What's left may get some kind of the new severance plan but that will be the last resort as SF will do everything it can to force you out and make no mistake about it. These people are pure evil!

It will be a cold November 2025.

I know this may be a bit of paranoia and this could genuinely be Mike reshuffling leadership, but with the stock not doing well and rumors of company cutting costs I think it's a bit of a hint that there may be lay offs soon.

Article says company is moving their HQ from downtown to Plano Tx .

Hearing rumors that leadership may revert back to making it mandatory that people be in the office 3 days a week. Anyone else hear this?

If so, I wish they would make up their minds and stick with it, rather than change the policy every 6-12 months.

It's been kind of quiet lately, a calm before the storm?

Jeff hates costs and his employees, and he's all out of cost cuts.

Sam Burd is 100% sidelined, only kept on salary so he won't bolt for Lenovo or HPE.

Rumors are Jeff and cronies are laying out a massive downscale and will hit in Q1.

I’ve been hearing rumors there will be a huge layoff after the migration to Fusion of all the people who are working this project. Anyone else hear this?

I'm hearing rumors AT&T wants to close the Lumen deal before the end of the year. This might explain why.

AT&T announced yesterday that they will pay EchoStar $23 billion in cash to acquire a portion of EchoStar's wireless spectrum licenses, specifically 30 MHz of mid-band (3.45 GHz) and 20 MHz of low-band (600 MHz) spectrum - the deal is expected to close sometime in mid-2026

Name the album that best sums up this cluster f*ck of a reorg. I'll start with Rumours by Fleetwood Mac. One rumour I've heard is that maint contractors are busy looking elsewhere and doing a lot less work as they know they'll be gone soon to Engine.

Who will be voted off the magenta island next?!

Rumor mill is saying Frier announcement coming before retail season kicks off.

I’m guessing Sievert is gone in January. New year and whole new senior leadership team.

This site used to have good information related to coming layoffs. Now all it seems to have is people complaining about upper management and/RTO. Sadly, the site is becoming more irrelevant as time passes.
So I will try one more time. Does anyone have any REAL intell on coming layoffs?

Since Paramount and Skydance merged I think Ive read somewhere there could be more layoffs soon..... Im not 100% sure so can someone back me up?

FYI. Dead serious.

Last minute meeting invites went out for tomorrow from Hari "the axman" govind. Zoom call for 0930. Rumors of inperson 0900 meetings, but cant confirm. Anyone have more info?

Layoffs are coming to the back office. Mangers have been told to hit a number effectively by whatever means necessary and to submit a list of names by mid September. This will hit already lean teams. Prepare yourselves.

Especially those who simply can’t commute. I’ve been hearing all kinds of rumors, but nothing that sounds completely credible.

There will be 10% layoffs now and 10% later at the end of the year.
Accounting, HR, and IT maybe affected.

everyone is talking about this, any reliable source of this info?

Any truth to the rumors?

Like many or most of us, my group continues to see layoffs. But I have seen no one be fired even though I think they could easily make a case for some of them.

Is this the norm in your group as well?

Any thoughts on Magellan Health getting rid of all Health plans? I heard they will be getting more Public Sector Accounts. How does Magellan Health do layoffs?

I recently found out they'll be doing more layoffs at KTD and probably GO soon. I know for sure CIS and Product will get hit hard. I hope you get your severance!

I saw couple of posts on September 2.

There was a lot of hype here about how the entire mid-management layers would be obliterated in this recent LR. Some of us expressed disbelief . Like clockwork, I don’t see any evidence of that at least in tech presales. Our total waste-of-space managers in the U.K. market are swaggering around with big smiles on their faces. So much for the rumour mongering.

Rumors are flying, but as usual, we know nothing for sure.

Serious question — what’s the point of keeping husband-and-wife combos in the same department or even the same company? It always turns messy. Conflicts of interest, favouritism, gossip, and when it goes sour (and it usually does), everyone else has to pick up the fallout.

Plenty of qualified people out there looking for a chance, but instead we’ve got couples playing house on the company dime. Is it really worth the drama?

HR insider told me that they are not done yet. They just don’t have enough HR personnel to complete them all as fast as they would like. Severance is lamentable - 1 week per year of service is a joke!

Hearing it will be Q3/Q4

Thoughts?

This is the big one! Be Best! Be Prepared!