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Will things start getting better?

This year so far was really hard. The workload, the uncertainty, the layoffs, and all the other changes made sure of that. I keep wondering if the second half of the year could actually be worse. Is that possible? Or have we hit the bottom and things will get better? I truly don't know.


Mass Demotions Rolling Out

What’s everyone’s take on the demotions that are coming? We did have a bit of title inflation, but this project seems drastic. Some people are taking a huge hit to their title and external resume value.

I really think leadership is massively underestimating the morale impact of this project. Bain is demonstrating that they don’t understand our industry in doing this.


When an accountant be CEO, that's the flag for layoff

lost a lot of small businesses, too focused on hardware/POS machine.
When bring a CEO with engineering background, he is just talk everything about devices, no one care about service, lost a lot of small businesses.
then new CEO with accountant background, everyone known --- layoff is coming.

The big boss "san francisco" is bleeding... that's the way is.


Layoffs at Global Payments are Imminent

Layoffs that were expected in June now appear to be slipping into July. My guess is the company is adding more people to the RIF list, which is not exactly surprising given Global Payments track record of recurring workforce reductions and the pressure to deliver the $600 million synergy target tied to the Worldpay deal.

Meanwhile, GPN stock is trading at its lowest level since the TSYS acquisition in 2019 and is down roughly 30% since Cameron Bready became CEO in 2023. Oh and the guy that Cameron put in charge to run the SMB business ($6 BILLION!) who has never run a business in his career? Yes, layoffs are definitely coming.

Remember when Cameron got on stage when he became CEO three years ago and told everyone his goal was to build a "best-in-class" culture? Three years later, many teams are doing the work of two and three people, while bracing for yet another round of cuts and the lack of leadership at the C-suite level is truly shocking.

When is the board going to realize that Cameron isn't fit to run the company? Until then, employees should expect even more uncertainty, more restructuring, and more layoffs. So GPN employees listen up, things are only going to get worse so if you get offered a package next month, be grateful, and RUN as fast as you can.

In the meantime, #BringSloanBack!


FanDuel Layoffs Boost Flutter Entertainment Stock Price

FanDuel implemented organizational changes, resulting in staff layoffs across various departments. The exact number of affected employees is unconfirmed but could be in the hundreds. Roles cut include middle-management positions within both sportsbook and casino operations. Flutter Entertainment's share price surged significantly after the layoff announcement. This action follows similar workforce reductions by other gaming companies that also saw stock bumps.

https://next.io/news/investment/flutter-share-price-surges-fanduel-layoffs/


Anyone else buying the stock?

I know this is for layoffs but just curious if anyone else is buying the stock? I got a few hundred shares this morning because it seems to have reached an all time low. I think we have good products and I can’t figure out why it’s dropped so much. I’m wondering what other people are thinking? Maybe I’m completely wrong and this stock just keeps dropping but I thought Enrique was hired to raise the share price. We lost enough value under Mr. Shock the World.


So performative

Content and technology company Thomson Reuters faces a shareholder vote at its annual meeting on Wednesday over its U.S. government contracts for services that some investors and employees say may help power the Trump administration’s crackdown on undocumented immigrants.

https://www.reuters.com/legal/legalindustry/thomson-reuters-faces-shareholder-vote-over-ice-contracts-2026-06-10/


Who moved my cheese?

Normally people 'stick' w/ company max seven years. It is rare to see the majority of them with ONE company for more than 30+ years! It always makes me wonder how 'relevant' they are compared to outside work force. First time I have seen/witness a company with many veterans. Back in the old days, it was bad/negative if resume shows "job hopping" , or working for name brand established companies. This generation is looking for 'fresh ideas' 'out of the box' ...Who moved my cheese


Inconsistent Meets year end and I’m still here

Honestly thought they would have dropped the axe months ago at this point. My IM rating was out of nowhere. I knew they basically cut everyone who wasn’t doing anything at all at this point and now have to find others to slash. Haven’t heard any concerns from my boss about performance since the year end review but am still expecting another bad rating based on what thier new process is. I’m guessing I have until September at the latest until they finally pull the trigger but just curious about everyone’s thoughts. Can’t wait until they finally do it and I never come back to this board again.


230 people laid off

Expeditors International, the Seattle-area logistics company known for never laying off employees, cut about 230 technology-related jobs in Washington state on Monday, ending a tradition that had been a point of pride for much of the company’s history.

https://www.geekwire.com/2026/expeditors-cuts-230-tech-jobs-in-seattle-region-ending-decades-long-policy-against-layoffs/


Mostly managers were affected

And you know what? For once, I'm okay with that. We have way, way, way too many layers of managers with barely any direct reports who never do anything useful. Getting rid of them will actually cut costs without affecting work in the least. I don't like layoffs, but for once I approve.


We need steadier direction

I’ve been here long enough to notice how often the company seems to shift based on the latest trend. Some trends fade fast, while others stick around much longer, and I don’t think we always know which is which. I wish leadership would think further ahead instead of treating every new moment like the whole strategy.


Stop

Stop the fear mongering on this site. We were assured that “ CDAO, CTO, and P&C Tech” would have massive layoffs: nothing. We were promised, bullied if even questioned the source of Fraud and AML having massive layoffs in April/May. Well April and May have passed.

The people who used to actually be in the know and leaked to this site have clearly been laid off. Since about last year zero predictions have been accurate.

Stop posting your theories. It only ki-ls the credibility of good sources. If you need to vent go to therapy.


Siemens AG to Deconsolidate Siemens Healthineers - Thoughts on Impact?

This was already discussed in 2025, but wanted to get people's thoughts on how this would impact the Siemens Healthineers business?
Is it because Siemens AG doesn't see the Healthineers business as very promising? Would this move potentially lead to budget cuts/lay-offs for Healthineers folks?


Walmart Management/Leadership never gets impacted in Layoffs

I am consistently astonished to observe that during every layoff at Walmart, none of the leadership seems to be affected for an extended period; they often return to the same position or role at Walmart after being impacted.

Positions such as Directors, Senior Directors, Group Directors, VPs, and SVPs are rarely affected here at Walmart. Additionally, their employer benefits could potentially save hundreds of jobs for individual contributors who genuinely provide significant value to the organization.

Ultimately, it is the individual contributors who truly bear the brunt of these layoffs.


Supercell Cuts US Staff, Cancels Game Development

Supercell has reduced staff within its North American division. This news emerged from social media posts by former employees. A co-founder of one US branch, Steve Desilets, was among those impacted. His studio's game project was canceled, leading to the team's disbandment. Supercell has not yet publicly commented on the situation.

https://wnhub.io/news/hr/item-51064