It’s happening. Huge cuts in Lake Mary. Mostly band 7. It’s going to be worse than last time from what my SD told me.
Good luck to all.
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It’s happening. Huge cuts in Lake Mary. Mostly band 7. It’s going to be worse than last time from what my SD told me.
Good luck to all.
We all got the email and I know this is a d-mb question but what Band levels do you all think will be most affected? Some say middle management should worry, others argue it’s going to be the regular workers (Band 1 and 2) this time. I theorize it will be a mix of everyone.
We keep talking about the results we have like I have a vested interest in our company performing. I’m band 5 and my stock grant is relatively low if we’re being honest and it’s even less now that it’s been kicked out to 4 year vesting instead of 3. If I have no interest in this company’s performance, then neither does the band six and definitely not the 7 and below. This is a band 4 and above ownership model. Where band 5 pretend to care.
Which one is safer for a hardworking IC? CL27 or CL 28
Heard that there was another "Next Step" program recently announced, to start on September 1, 2026 and wrap-up on December 31, 2026. Not sure what organizations are included, but this end date undoubtedly suggests that an RA is being planned for 1Q27. Seems it's also been expanded to include Band 8s (maybe even Band 7s?), whereas the previous one cut-off at Band 9.
Anyone have any more details?
No one wants to lose their job including myself. Does anyone know if they are still offering the 2 weeks per year. I would think so but some band 4-5 might know.... I'm band 7 so I'm sure I'll find out or maybe not. Please share if you know, and sorry to all those hit. This really does su-k, I'm in PSO.
If you’re a Band 6 people leader in the CXO, you’re impacted. About 90% of Band 5 is impacted and already informed on Monday.
At this rate, I don’t have much hope for individual contributors. I also don’t know what Tanya is going to do with her VP, Digital Channels title.
Good luck everyone
Well I got a 5 minute meeting on the calendar. Wasn’t going to wait until Thursday, so just called my manager and got the news. I’m apparently the 10th one they’ve told already this morning.. Band 7 is getting hit the hardest it looks like.
If you’re part of the 2/19 layoffs with a final termination date of April 25, how many weeks severance are you receiving after April 25? The documentation shows minimums for each band level. For example 16 weeks min for Band 4. Have other Band 4s all received 22 weeks or does your number of years at Cigna add on (in pairs of 2 weeks) to the 16 weeks?
Thank you!
So I was RA’d as a Band 10 because I was too expensive
https://www.indexbox.io/blog/ibm-to-triple-entry-level-hiring-in-2026-redefining-roles-around-ai/
So, Arvind announced the GDP numbers last week… 0% for low, 3.4% for core and 6.8% for the top. Percentages will go up for 2026 to 5% for core and 10% for the top. That’s for bands up to 9.
Comments?
For what it’s worth, I’m a retired PEP guy who unfortunately had to participate in a few layoffs. In the five or six major ones I went through I can NEVER recall looking at specific salaries or ranges. You normally were just given a target, and they were worth a generic amount (I.e.. an L-8 is worth $x, a Band1 is worth $y, etc.). Doesn’t make it any more humane or appropriate, but just sharing that unless things have changed in the past few years you don’t need to stress specifically on what your exact salary amount is. Good luck to all.
Anyone find anything interesting in the OWBPA document for their groups in the severance portal? I was surprised to see how many people in my group were affected and the band levels
How long did it take you to move from CL28 to 29? How much of a pay increase did you see when promoted?
I was expecting to start hearing something by now, leaders or even people on here posting some news. It doesn’t seem like anything is being announced today. I thought down to band 6 was happening today?
I am thinking that Band 8 would be safe due to our low pay, would you agree?
Does your Band 5 or Band 6 make the final call on your future ?
Regarding Ronita, I’m hearing that Finance leadership is actually calling band 6 employees to confirm it’s true.
Who else is confirmed?
Will any Sr Directors please comment on impacts at their level or what to expect next for band 6 and down?
Appears to be arbitrary in that folks with less technical work than me have it, folks equivalent to me in technical work have it, some folks that are more technical than me don't have it, some orgs hand it out like candy and others like mine seem to distribute it with a tight hand like its a promotion. Doesn't seem to make any sense and wondering if anyone can shed light on it.
Just a shame something so arbitrary can have a significant impact on compensation
It’s a joke! I was training 3 people to replace me. All 3 were 2+ my PSG.