#company

At the risk of the endless comments of, 'There is no merit', 'get back to work', etc. etc.

Does anyone know when merit will be announced this year? Two years ago was for June 1, last year I think it was end of June....any insight?

Approved by CEO, announced very soon (week or two). Target date to transition is Aug 2026.

and what is 100 in the app name? like 100th redesigned app?

Is it that bad here?

Out: Monica Hammond (“retiring”)
Out: Chris Paul. (“Pursuing other opportunities”)
Out: Richard dalton (“pursuing other opportunities”)

KY TN CA BON reports filed. We have to make sure these lousy incompetent employees are held accountable for their actions.

To Fidelity only, but are you all aware all the professionals in many huge multibillion dollar companies their employees are as pi---d off as we are for FT RTO?!. They have all stirred the hornets nest! No one is happy, if they successfully did their wfh massively productive employees have proven they can be trusted to wfh and be flexible with coming into an office. It just shows we are completely off their radar for loyalty or respect or for their MASSIVE PROFITS they’ve enjoyed. Maybe just maybe there’ll be infinitesimally small reductions in productivity by naturally being back in a distracting office and I hope they see an overall decline because of RTO. Nothing evil or malicious just a natural decline because being in a busy noisy office lends itself to more distractions. Be careful the powers that be you may be cutting off your nose to spite your face. WFH was a long planned situation and it worked fabulously well and they’re still unhappy with the workforce . Give the professional adults in your office the due respect they deserve. Allow flexibility.

I've heard there will be 1% layoffs with most groups exempt

Anyone hear any different ?

So the way script goes is,

It has been strategically decided that your position is being eliminated with broader interest towards shift in technology and geo political landscape.

the decision does not reflect your ability to fully function as an associate and the decision is strictly driven based on parameters beyond the control of global market shift.

You will be notified separately on how your shares, 401k will be vested.

We thank you for your contribution and all the best in your journey .

Is there an announcement date for this or is the news just slowly spreading quietly through each org? I haven’t seen anything in the news, but I guess that’s better for our sagging stock price. Or maybe not, you’d think cutting the fat around here would be good news to investors.

No one really seems to have any idea what’s going on. I think the stress is 100% based on the rto news

Because the other one got bumped down pretty far.

Centralized space for updates as they are released this week.

Firsthand information only
Include OU and location
No political content
Maintain a respectful and constructive tone - this is stressful for all

“I’m a true believer after what’s transpired in the last couple months that our commercial organization has absolutely ki-led it.” -GoGo

Got an email earlier this week about Macys unionizing. There’s a website and an IG page. What does everyone think about this?

https://unionizemacys.com/?utm_medium=insta&utm_source=ig&utm_content=link_in_bio

Any insight? Discussing a role.

this is the way

G-b bless y’all tomorrow!!!

Build a Rocket Boy recently laid off an undisclosed number of employees. Reports indicate 170 staff were affected, leaving around 80 remaining. This marks the third round of layoffs for the developer in the past year. Previous cuts included the closure of BARB France and 300 UK-based employees. The company is undertaking a "reset" for its game MindsEye after negative feedback.

https://www.gamesindustry.biz/build-a-rocket-boy-reportedly-hit-with-more-layoffs

What’s the latest on the HR internal investigation?

The company took an incredible turn in 2015 when they hired the most inept HR people period...

B as a lead on investigations was a sham an tons of hairbrained outcomes.

Anyone has more info?

https://x.com/TheLayoff/status/2051790525473358321?s=20

When are these layoffs supposed to happen? There have been posts about it here but nothing is going on. Fill us in!

Seeing a lot of layoffs from New Business Verticals, large number of DashMart management slashed.

It probably means more layoffs today.

Didn't Srini say last week this was done for a while?...

Will there be any more RIFs in Value?

Heard through the rumor mill they WILL be re-evaluating exceptions and it may be harder to get one.

It’s 9600 now. Should 9400 including folks got laid off earlier this year.

TAM Ireland Selects Fifty5Blue as New Audience Measurement Provider

https://www.tamireland.ie/tam-ireland-selects-fifty5blue-as-new-audience-measurement-provider/

Another big week incoming for the VZB side? Not much going on over there from the looks of it.

Coinbase is reducing its workforce by 14%. CEO Brian Armstrong shared the news on X. He cited a need for greater company efficiency. Armstrong also noted AI's impact on changing work processes. Engineers now use AI to complete tasks in days that previously took weeks.

https://www.businessinsider.com/coinbase-layoffs-ai-brian-armstrong-job-cuts-letter-2026-5

Wondering if there are any updates?

Looks like Mother Mutual is not only downsizing its company vehicle fleet, but also its executive jets.

No more Challenger 600's.

Now its down to four Gulfstream GVII (no, that's not GV eleven, Ms Ilhan Omar).

https://www.planespotters.net/airline/State-Farm

anyone speed read overnight???

Interesting timing for Global Trading pres change out announcement ... Trading made lots of money last quarter ;-)

Any MC insider here?

Curiosity poll after reading the “Is anyone else pi---d that Ford is giving A plan to everyone?” Thread. I’d love to buy what I work on, but definitely an ignorance is bliss thing. I know what’s wrong or ongoing issues, so I wouldn’t choose or recommend certain vehicles to friends or family. As a buyer you don’t know otherwise unless told so.
Feel free to leave your reasons why yes or no.

Share the wealth.

I told them no, not unless truly desperate. The hours are long, the pressure is constant, and the company treats employees like they're disposable. Take a job here and expect to have no life outside of work. And to think that I used to recommend this place to people.

With more and more organizations going to 5-day RTO, I'd expect a mediocre, follow-the-herd company like Cigna to fall in lockstep within the foreseeable future.

Evanko's Town Hall comments about the wonders of having a "best friend at work" just seemed to be laying the foundation.

Anyone with educated guess and/or practical insight and willing to comment?

https://www.wtnh.com/news/connecticut/hartford/hundreds-of-layoffs-to-begin-at-stanley-black-deckers-new-britain-plant/