I hope the decision to bring in top executives from McKinsey, along with the GP 2025 initiative and the layoffs informed by their feedback, works out in the long run. Many experienced individuals who truly knew the system were let go, leaving those... — read more
Constructive Dismissal
Please make sure you don’t sign anything unless you contact legal advice. This seems as a constructive dismissal under the employment act in Ontario.
This is what happens..
When your only strategy is to buy other companies and not innovate. You run out of companies to buy and then executives sit in their suite at a falcons game and ask what next? Hmmm
Timetable
North America employees are supposed to know their fate by EOD 8/26 8/27- Other countries will know tomorrow 8/27-8/29- role responsibility changes (still have a job but now you are in charge of x,y,z) 8/30- follow up communication - org... — read more
India layoffs
India has been impacted for almost 70 people and most of them were below expectations performers and individual contributors no leaders has been impacted so far
It's insane they didn't communicate with upper management
In a vertical market company. None of our leadership knew who was getting laid off and when. Absolute miss. So many good and critical people let go.
Is it too late to volunteer?
I'd be happy to take a package and leave. I got a new manager six months ago and he is the definition of a bully. I've been looking for a new job anyhow, getting severance would have been amazing. I wish they first asked everybody to volunteer but I... — read more
Reorg day..any update?
Did anyone get a meeting invite about reshuffling of their role or team? Any idea which group will this impact
2700 to be affected in total
Has this been confirmed? Pls post if you have any info on depts or how long it will last. It’s not a pleasant feeling not knowing what to expect.
Older employees
Am I wrong, or does it seem like older employees were specifically targeted by this layoff? The people I know who were laid off are all over 40, some over 50. This might be a coincidence, but to be honest, I wouldn't put it past this management to... — read more
So sorry guys, for all of us
It’s not very professional and fair to keep us in the dark in such a manner. We yet have no clue what the target numbers are nor for how long this will really last. Try to keep it together, be supportive of each other. I wish us all luck, and I hope... — read more
UK / International Layoffs?
Any UK / International layoffs confirmed yet? Or meetings been booked?
Good folks got let go
It's awful how the company treats the very people who helped build it from the ground up. Many VPs and Senior VPs, including diligent and hardworking individuals, are being let go specially from Tsys issuing
Layoffs Impacting Senior Leadership
Some of good, hardworking VPs and Senior VPs were let go specially from issuing coz "too many decision makers". It's awful how the company treats the very people who helped build it from the ground up.
Worst way to announce retirement..it's been a long day!
Could barely get any work done today. It was a long day filled with anxiety waiting for it to be over. Hopefully the reorg day wont be as terrible as today.
Aug 27th Tuesday, do you have a random meeting invite ? Re-org Day
Has there been a previously unplanned meeting for you on the calendar already, no idea if re org is happening today ? Workday has not be changed yet
MineralTree?
Is anyone from MineralTree affected yet? I’m wondering how widespread this is but my manager and their manager don’t know anything apparently.
Benefits and severance pay
For those that have been laid off, can you please disclose when your insurance benefits are active until? And did you receive any severance pay? If so, for how long? I, and I’m sure many others, have health problems and desperately need insurance... — read more
David Hyde meeting at 12:00 CST - was it a layoff meeting?
Was this meeting a layoff meeting? I missed it even though I was supposed to attend it.
Hard to focus on work today
Having a hard time focusing on the work today because of the anxiety. Hope you all are well and good luck to everyone.
Layoffs update
Pls post, guys. These meeting announcements are like the hatchet swirling around our heads.
4 pm est
Who is in this meeting and any idea on what it’s about?
11am ET meeting today?
Does anyone know if this is for managers of people going or the people going?
Completely ruined weekend is over
Good luck to all of us this week.
Layoffs next week
Definitely starts on Monday? I guess next week is going to be really bad then. Ushered by a bad weekend. Any ideas as to who’s gonna be hit the most?
Global Payments will have layoffs 2024
In the all hands today it was said that layoffs are to be expected. Anyone know of a date? Anyone with insight?
Company Laying off? Fired on medical leave
I was fired and was on medical leave. Fired over the phone..another fired co-worker fired while on vacation.
How's everyone feeling? It's really getting old isn't it?
Sudden new contracted CIO? Project GP25? Stocks low! Rumors of Layoffs! How are you feeling? What do you know? Share it here. We need to keep each other informed. Leadership certainly IS NOT!!!
Brace for more layoffs in Issuing
From what it seems like in the CIO all hands, they seem to focus more on the area that gets them revenue (Merchants). Does that mean there will be layoffs in Issuing?
Unionizing
Would there be a benefit to GP offices unionizing??? Has it ever been discussed by employees?
Fully funded bonuses and merit well above inflation!
What are you hearing?
4th quarter layoffs possible
Has anyone heard of possible 4th quarter layoffs?
No hike this year??
It's disheartening that the company prioritizes spending millions on maintaining outdated software instead of giving a deserved 10% salary raise to their employees.