Post here if you hear of layoffs today, or if you get the dreaded “catch-up” or whatever meeting on your calendar. Try to include location, org, etc. support each other and stay informed!
102 replies (most recent on top)
@c2 Yes.
@b1 part of that impact for USCC MCA today. It was rough.
Best Multi $Billion save the firm can make? Unplug the AI nonsense, zero the budget and get back to work. Every AI initiative I see and participate in is a waste of time, resources and a fluff job to show we used AI for something. All Activity and silly Output. The emperor wore no clothes. Su-kers...
@c2 yes - about 75 cuts in Elyse’s org.
@bz MRD = Master Reference Data in EDO under Shel - Mooney.
@bt I am in marketing ops. no impact. whose org? Elyse?
@bv Everyone gets the same warn and severance package in a RIF. 60 or 90 day warn - depending on state and 2 weeks of salary for every year. It's no different if your a D or MD, or a vp etc.
Got the Catch Up call today 7/29
@by MRD?
MRD was gutted today Tampa NJ and Irving
@b7 Yes, US NY impacted
Laid off at 9am, ICM, Irving, TX
Do you all get any compensation like 3 -4 months pay at least? I am talking about people who are under C14 role. The other big guys will get hundreds of thousands in compensation when they get laid off suddenly.
388 Marketing Ops had cuts at 388 and other locations (don't kmow specifics)
@OP laid off from a Wealth Risk role at 388 Greenwich. Apparently irrelevant after 15 years in many different roles and an AI Accelerator. Taking my skills elsewhere. The immediate cut-off from log-in is same as earlier rounds - really harsh imo not to be able to get some tax, 401k, medical, etc. info before access was cut.
WARN notice shows 71 in total impacted in NJ
@bc yes Canadians were impacted
@bh 388 Greenwich St, the Global HQ, A mass of well compensated summer and 1-2-3 year associates, C12-15-16s and the client center staff, fancy branch. Darn good pizza at Matones's still $3 slice, the only lunch I can afford (or stomach) and a $20 haircut if you are brave just up the block. And didn't sense any cuts today. None.
@bm do you know what groups within IA?
Numerous cuts in Internal Audit. Tampa and NYC
@bh the mother ship
@bd what is 388?
Was let go today. 9 AM meeting with manager and his boss. Expecting email from HR.
@az got my news today. 26 years. We don't mean sh-t when it comes to corporate greed.
@aw The new wave is always today. PIN iT!
@b8 Not true. There was a useless guy in my group from 388 that was impacted today.
Anyone from Canada Location? Are any layoffs happening in Canada ?
@b2 Managers Control Assessment - its Operations Risk
Irving, yes.
Irving, over 5 years for me. Tech.
Was let go this morning. Irving MRD team.
388 Today, none, nothing, even the people wanting to leave. I am disappointed and have to scale back on any remaining work contribution and ethic. Good luck to y'all in the flyover state sites and keep posting here on TheLayoff.com a great source of hope.
Any news for Technology?
I'm now the only US based person on my team 💀
@an Ops, TM, ICM....any news. IRVING?
@b3 good riddance
@a3 This is the first thing I did when I was laid off back in february! I wanted to share my lay off story and let people know what’s going on in different orgs/departments. Community is important! If you don’t have anything nice or useful to say, don’t say it at all!
@b1
MCA - is it part of marketing & content?
Was let go today. USCC MCA team.
@as correct as they are replacing them in costa rica. Those remaining will be training their eventual replacements. Not many US people will be left for MCA
Let go after 15 years. Service means nothing.