Topics regarding layoffs at Global Payments Inc.

Topics regarding layoffs at Global Payments Inc.

Boss got cut

I was part of the RIF almost a year ago. I received a call from my old boss that he got the axe today. He was a da*n good leader and Global will definitely be affected by it. All the good people are gone while the people who doesn't even show up to... — read more 

BUs?

Which units have been affected???

Are we ready for Monday 5-19?

Monday is a sure thing…layoffs. It is emotional..waiting to find out if you are being let go or not. You also think about yours friends and co-workers and feel dread for them as well. I am sure Monday will be a LONG day.

Found this article…

Global Payments eyes cost cuts The payments processor sharpens its focus on how to squeeze $600 million in “cost synergies” from its $24 billion purchase of Worldpay. Link: https://stocks.apple.com/AZiTpt4xqScuYOPrFII5QdA

Any layoffs today?

Everybody survive today? I survived another week and hope y'all did as well. Happy Friday. Lol

Don't lull yourself into a false sense of security

One, layoffs are coming. Two, the brass doesn't believe in irreplaceable employees. The moment they find someone who'll do your work for less pay, you're out. Quality doesn't factor into the equation, it's purely about cutting costs. There's always... — read more 

All hands discussion

Every All Hands lately just leaves me more frustrated than the last. They talk in circles, never really get to the heart of the matter. There’s no steady vision—just constant pivots based on whatever seems to stick that week. Not a single word about... — read more 

Any layoffs today?

Everyone survive the day? Been hearing so many things about layoffs this week or next week or next month, etc. Hoping everyone made it through today and still has a job to go to Monday.

Layoffs before the All Hands Call on May 7th?

Has anyone heard of layoffs happening this week leading up to the All Hands Call next week? Hearing multiple sources of information within the next two weeks, but eerily close to the last time in Aug 2024…

2 weeks

Heads up. I am hearing layoff announcement within the next two weeks. Some coworkers of mine have already started bringing personal stuff home. Seems there manager may have let them know about pending doom. Good luck to everybody.

Has global payments been bought?

Has global payments been bought? https://ffnews.com/newsarticle/paytech/sokin-excel-london-announce-global-payments-partnership/

Anyone Else Asked for i9

I’ve been working for TSYS/ GP for 10 years and I got an email yesterday asking me to fill out another I-9 because they couldn’t find mine?? Super sus

Tsys(issuer) sale to FIS

Heard rumor that GPN is ready to sell TSYS(issuer ) business to FIS by Q2.. Anyone else heard that.

Stocks stumbling

Never seen the stocks go down so low. Is this due to overall market or just GPN strategy? Does that mean the layoffs are unavoidable now?

Severance

I'm considering asking to be included in the RIF in February 2026. For those who have been impacted, can you please share what you were offered as an exit package? The constant fear and dread of working here is just overwhelming. I can't do this... — read more 

To the Naysayers & Individuals Seeking Clarity...

All the "wheres your proof" comments I see in these threads are most likely representatives from McKinsey or Leaders within GP. They want you to slip-up, so they can identify you, be CAUTIOUS and calculated with what you share here. Newsflash to... — read more 

Next wave announced

We had a team meeting where it was announced that the next set of lay offs would be happening soon in order to allow recruitment in other areas of the globe

Genius?

What's the status of the Genius launch? Announced at Investor Day but I'm not seeing it talked about in the market. Are we planning a big launch and roll out? How do I get a ticket to the party and some swag?

IT Update for PIN

IT has been updating some laptops that adds a required PIN to login. Did this happen to people in the last layoff?

Layoff question from All Hands

Cameron, it’s a yes or no answer if there will be layoffs this year. I’m sure McKinsey has already told him there will be. He always avoids answering it transparently.

Earnings call

Just saw that we missed our Q4 forecast. I am sure Mckinsey and team are sharpening their pencils. Glad to see project 2025 is working so well. Perhaps on the next all hands right after they announce the next cuts, they will tell us Cameron is not... — read more 

Layoffs?

With ratings been handed out and the survey been done, are there any chances of layoffs coming soon? Or is it just rumors floating around?? Worried now

OHI survey

Do you think the C-Level leaders will read the results? Not that it will matter.

Bonus and Stock

Any updates or word on stock awards and bonuses for those eligible?

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| 1430 views | | 7 replies (last February 11, 2025)
Post ID: @OP+1jjq27qqy

Empty Promises, Overworked Teams

I’ve just about had it with this new leadership team. The way they handle Q&A sessions is downright pitiful—they dodge every question about pay raises, and bless Ryan’s heart, he can’t even give a straight answer without passing it off to someone... — read more 

Potential aquisition?

Do all of the changes going on look like a way to make the company more marketable? With Mckinsey's involvment nothing is out of the realm of possibility. Curious to see what announcements are coming in 2025

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| 1910 views | | 5 replies (last January 6, 2025)
Post ID: @OP+1wend2kA

Xmas riff

Looks like McKinsey has another gift for US based tech at Global. Happy Holiday

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| 1900 views | | 7 replies (last February 19, 2025)
Post ID: @OP+1vXkkkFn

CEO Bonus

I know they will never but if they really wanted to save money they could take it out of Cameron's pay. He makes $16 million a year - 94% of that is bonuses (Google it). But of course way easier to lay off people than take money out of their greedy... — read more 

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| 1080 views | | 3 replies (last March 28, 2025)
Post ID: @OP+1vW5ATmW

Is this a joke?

Honored to be included in Forbes' World's Best Employers list and Newsweek’s America’s Most Responsible Companies list, among other recognitions. This was on Linked in. I can’t believe we were on the best employer list.

Good people leaving

Seems more and more folks are becoming fed up with the conditions, empty promises and additional responsibilities. I know of three that are leaving this week. Sadly most will not even be made aware they have handed in notice.

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| 1130 views | | 6 replies (last November 30, 2024)
Post ID: @OP+1vFZp2pd

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