Anyone hear whether non-grocery divisions like Jewelry are part of the restructuring?
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Layoff Timeline
Has anyone heard anything about when the next round of RIFs are coming? If they are inevitable, I wish it would be sooner rather than later as this constant stress of having them hanging over our heads is so demoralizing
Headcount at 217,000
There has been a 10,000 reduction in staff since Q3 2025 (227,000). How close is the firm to the 20,000 reduction in staff goal?
Rumors of no more layoffs this year
Is there even a slight chance these are true?
“You asked we listened” aka we fixed our own mistakes!
So after a year, they finally made “eligible” work events count as days in office lmao. This is the current state of this company…..so delusional that they think this is a win worth bragging about.
I wish managers were as worried about layoffs as we are
They'd certainly push harder against them if their jobs were always in danger. As it is, they couldn't care less.
State of the Company (Stifel)
Here is what I know and what I am hearing.
Recruiting is drop dead last this year for this company. They just had to pay another 30 million in fines for the Chucky Roberts disaster in Sept.
Advisors are leaving, and there will be much more to follow.
Layoffs are being planned.
Hearing New accounts, Help Desk, Stock Records, and Advisory will be targeted.
Pluralistic ignorance
This article reminds me of Target: The term “pluralistic ignorance” fits so well
https://www.linkedin.com/pulse/when-we-start-believing-our-own-bullsht-naomi-white-emeic?utm_source=share&utm_medium=member_ios&utm_campaign=share_via
House of Fidelity
Is a house of cards.
Totally respected this company how it manages dues business respected employees was cautious and not political didn’t punish people for covid vaccines like other companies.
But Abby got co opted by the leftists it was bound to happen
All that money for the seaport.
MA is dying companies and people are fleeing. Why do you think she’s focusing on low tax areas. She wants to drive the last few thousands in Boston out so she can dunk the family property. IMO
Obvious no buyout is coming
So remind me again why we Enrique Lores leading this company
Has this been confirmed?
I’m hearing more on the 15th of October
Anybody have more info?
Complete Disrespect
I’m getting sick of the Union not receiving invites to Dans all hands meetings. It’s complete disrespect and only shows that they don’t care about half of the company. And the irony is, we’re the half that do the actual work.
Random but PLEASE CHANGE THE MUSIC
I can’t be the only one at HP who is sick of hearing the same instrumental songs playing on repeat. Tell me I’m not alone
Getty Images Pursues Restructuring
Seattle-based Getty Images is undergoing a significant financial restructuring, which includes filing for bankruptcy. The company is set to become private again through a deal supported by the Getty and Koch families. This move aims to reshape the company's financial standing. The specific details of the bankruptcy filing and the restructuring process are now underway. This development marks a new chapter for the well-known image licensing company.
Seattle, Washington
https://www.seattletimes.com/business/getty-images-to-restructure-via-bankruptcy-no-seattle-layoffs-planned/
Why don't they offer buyouts before cuts?
A few people already said right on this board they wouldn't mind volunteering. So why not give them that option?
Look at the comp
https://h1bhq.com/search?employerSlug=bnsf-railway-company&pageSize=25
Today??
What happened today? I'm OOO and my boss text me asking if I could join a meeting.
Employee survey
And remember this is for posterity
“Strategic Update”
Who got the email just a few minutes ago? Any ideas?
The organization is falling apart under the weight of the uncertainty
Talk about a horrible way to roll this out. Everyone know is stressed, on edge, and completely in the dark about what’s coming, all the way up to the VP level.
The mental health toll experienced by the employee base is significant and the company the hit to morale will be significant, even for the folks that stay.
When will cuts continue?
Any idea?
The decline isn't going away
3M can keep telling employees everything is fine, but that doesn't make the problems disappear. The direction of the company feels pretty clear to those of us watching from inside.
Any news?
I always hate it when there's nothing, not even rumors. Makes me feel like something major is coming and we're just being kept in the dark about it.
Layoffs to continue this week
Can anybody in the know confirm if this is true?
The pop is coming!
Intel and Broadcom CEOs warned that capital could be the biggest constraint on AI growth
https://qz.com/intel-broadcom-ceos-capital-constraint-ai-growth-101226
If you don't like Chevron, leave
I'm sure you'll be able to do so much better somewhere else.
How many of our jobs will have to go to pay for this acquisition?
Thousands? Tens of thousands?
Since many are struggling these days, here's my approach to surviving corporate life
I've learned that it helps to have good relationships throughout the organization, not just with your direct manager. I don't feel the need to weigh in on every disagreement, and I avoid getting pulled into unnecessary drama. When something urgent needs help, I'll step up if I can actually deliver. The goal is simple: do good work, earn people's trust, and don't create problems for yourself.
Was it always like this?
Were layoffs always an issue at OT?
How can Nike get back on track?
Nike (NKE) has had a rough year so far, with shares down 46% year-to-date as it contends with a myriad of issues, including increased competition and shifting consumer tastes.
https://seekingalpha.com/news/4651946-sa-asks-how-can-nike-get-back-on-track
Ouch
Verizon posts worst day since 2002 as SpaceX U.S. network plans whack cell provider stocks
https://www.cnbc.com/2026/10/09/verizon-att-tmobile-stocks-spacex-network.html
Another day under Enrique Lores
This is just the worst leadership team ever assembled.
Does Tech RTO *actually* apply to all teams?
After the initial messaging of the RTO a few months ago our VP effectively told our org that we would exempt from the RTO for now. He also said he couldn’t guarantee that wouldn’t change at some point in the future, but for now at least the end of year RTO (as it was phrased at the time) did not apply to us and we would be staying remote friendly. No clue how many other teams or orgs were told something similar, or if it even still holds (haven’t heard anything one way or the other since the all hands last Thursday). Anyone hearing if the RTO is truly a blanket policy after most recent announcement with the Jan date provided ?
Any reliable layoff info?
I doubt we'll be notified on a Sunday, so some of the currently mentioned dates seem like pure speculation. Has there been any reliable info to indicate when the next round will hit?
Ship to warriors or sycamore?
From a few years ago. What ruined us?
Why did we miss the boat on CPaaS
Why did we miss the boat so badly on CPaaS and Zang?
We completely missed the massive CPaaS bo-m despite being so early to the gate.
Back around 2016, we had Zang from the Esna assets to basically give developers an alternative to Twilio. On paper, it was exactly what we needed to pivot away from pure on-prem hardware and heavy iron legacy systems. Instead, Zang just sort of faded out, and CPaaS became a massive blind spot while our competitors ran away with the market.
Why do you think we failed to capitalize on this?
Was it a pure sales execution issue where our legacy channel partners were just too used to selling big capex boxes instead of developer APIs? Or did the timing of the 2017 bankruptcy just completely distract everyone?
Did anyone internally or on the partner side actually see real success with Avaya CPaaS before it got deprecated?
WFH Ending
No More WFH Monday. Everyone back to the office. Heard it here first
Nice job
You thought leading executives: nice job driving the stock price into the ground. On track to bankrupt the company a second time?