Credit Admin was told to work from home due to ceiling repair. The following week layoffs came. Turns out there was no ceiling repairs. They needed all the admins at home to give them the boot via zoom.

Can we just assume we’ll have none of these benefits anymore?

I don't trust them anymore when they say it's over.

2%?? TD Mike and AMEX SB Dunk Sathish must really be struggling. Imagine going back and telling HR "we need to cut 2%" instead of learning how to balance a budget. I told yall this months ago it was coming. Told you last month too. And someone wanted... — read more 

Because it 100% was not performance. We lost two teammates who were among the best, and we have a few who could/should have been laid off instead and are still here. It really su-ks knowing that hard work will not protect you in situations like this... — read more 

All these layoffs su-k. They absolutely su-k. But I think in time for those of us still here, it’ll eventually be OK. I just hope these layoffs don’t start to tear away at the culture.

Just saying. It's all good.

Ally Financial had layoffs today, impacting about 2% of employees as part of workforce consolidation and process optimization (oh, this sounds so official). Ally is shifting teams and focus... it's reorganizing its structure let's say they are... — read more 

We are topping layoff lists today, that's not something to be proud of: https://x.com/TheLayoff/status/1985454875577369063

Good luck to us all.

Is this it? Is this how people are notified? Is there any chance this could be something else? I feel sick to my stomach.

If you feel like there’s going to be a lay-off on a particular day, take PTO for that day. They can’t legally lay off someone on PTO, so they’d just add a different name that isn’t out that day to do that.

The news is going out Monday. Approx 400 employees will be let go across the org. No specific business lines targeted. Enterprise wide. Primarily people in management roles will be let go.

Anyone else's team being pushed to use that AI tool? It actually feels like they're adding another step in our processes for little reason. Training it to do our jobs? Maybe I need a pedicure.

Buckle up and ensure your affairs are in order.

So I heard TD Mike and AMEX Sathish are at it again discussing layoffs. Imagine enjoying your holidays with family and then walking into work on January 6th, 2026 and being told "the bank didn't meet our goals so we have to let you go." That's... — read more 

Who makes the decision on who actually gets laid off? And is it mainly the non-senior people who get cut?

Already started hitting HR and other areas. Likely won’t see WARN notices for another 30-90 days due to paid leaves given.

enemy. If you’ve got an attorney or know someone who does, drop their name in the comments. Let’s team up to hold Ally accountable—they’ve got a terrible track record of discrimination and the new leadership is only making things worse.

overheard layoffs might be hitting marketing. Anyone else hear some rumblings?

The list of major companies laying off staff this year includes Oracle, Kroger, Nike, Scale AI, and more Ally is cutting less than 5% of workers. The digital-financial-services company Ally is laying off roughly 500 of its 11,000 employees, a... — read more 

So like. Are we actually expecting layoffs, or did that guy just shout "fire" in a movie theater for kicks?

FYI. Dead serious.

I think I may have work PTSD from my time with Ally… my partner encouraged me to look for about two years while he fielded my late nights, early mornings, constant emotional breakdowns, and rants about toxic coworkers. My new company is completely... — read more 

So uh is every team working a skeleton crew?

Rumor is that it was at least a dozen within the Marketing department, possibly in advance of a broader layoff coming at Ally

Anyone in this role? What's it like? How big is the territory you cover?

https://futurism.com/companies-fixing-ai-replacement-mistakes Not relevant at all to Ally. Just thought it was interesting. I see no parallels between what happened here and what some people envision as the Bank's future.

TD Mike was brought in by the Board of Directors to position Ally to be acquired. As soon as he's brought on, Lending is sold (I lost a lot of friends) - six months later Russ Hutchinson is in NYC tanking our stock price, and four months after that... — read more 

What up chat! Figured I'd drop you all a line now that I'm clean and clear with the bag Ally gave me to walk and beyond the date range where I couldn't say anything. Landed a role in the Big Four right at the end of the 60 day severance period of... — read more 

… is SO GOOD. Felt like I was in a cult where everyone had to thank the job gods for free parking and maintain that it was a great place to work despite having neither the pay nor the culture nor the budget to back it up. My current company is... — read more 

I don't plan to. I feel like I can't be honest.

Have you observed recently lot of exits across technology including those from tenured employees? Ally maintains that its standard attrition but the reality seems to be different. What's your thoughts?

Have you wondered if all the new hires are really permanent employees or temporary/contract employees? When the first few hiring freezes came into effect that was for a reason. To deceive everyone especially those in IT. Did you notice that soon... — read more 

Haven’t worked there in years. How’s it going over there these days? From what I've read so far, not much has improved. I hope my old crew is doing well, though. Shout out to Philadelphia folks!

I have nothing against hiring in general, but with several layoffs already this year and talk of even more, why do we keep adding more employees? Shouldn't there be a hiring freeze until they're done with cuts? It kind of makes no sense to lay off a... — read more 

But the situation is pretty dire. I don’t enjoy my job at Ally, but I suppose I’ll need to shift my focus toward holding on to it, at least if there’s any way I can influence that outcome. If you have any positive experience or advice about the job... — read more 

Lately, it feels like those have been completely closed off. With below-average pay compared to other banks and very limited opportunities for career growth, it’s hard to stay motivated. I’ve been stuck in the same role for so long that boredom and... — read more 

The results were better than I expected, to the point where I’m actually feeling a bit optimistic about layoffs. I’m hoping this will at least slow down the next round. Or maybe I’m just being naive, who knows.

They’ve already reduced so many teams to the bare minimum that it seems almost impossible to make more cuts without hitting a breaking point.