#concern

Seriously? Hiring his friends, paying them a LOT of $$$$ while thousands will lose their jobs.

“Transformation” = mass employee layoffs

I heard a rumor the layoffs have begun.
I hope it's not true. If it is true, I'm very sorry to those affected.
It's astounding they (Cenovus/Meg) were planning this in advanced, and couldn't at least have the decency to wait until after Christmas but I guess the C Suite want their bonuses.

It's not a merger, They have conquered TU and spoiling TU products and core teams who build these systems for so many years. There models failed from past 3 years and poor in managing their own Neustar systems. Inefficient to understand TU systems and how important these are for consumers. They are finally making sure all these systems sinks before they leave.

Leadership is saving Neustar team and kicking out TU core teams just believing their bullish overhyped products which are worthless when they try to implement it in past 3 years.

When are the leadership going to realize they are just a part of the overall machine…if they don’t take the employees with them this whole thing is going to fail…badly

And that we won't be ambushed by more cuts tomorrow or next week?

A simple google search would tell any prospective employee to stay away… not to mention threads were people are trying to piece together what’s going on because leadership is being super shady. It screams toxic in the worst possible way.

Has anyone from France been affected by the layoffs?

My heart goes out to all who’ve been affected so far. Synopsys employee here, and it seems like Ansys folks have been hit especially hard, at least based on what we’d heard before this round. That’s really unfair, since I know quite a few people from that side who were skilled, dedicated, and genuinely great at what they did. I can only assume performance and experience weren’t major factors. Remember, these are corporate cost-cutting decisions. They almost never reflect our true professional value or potential.

I wonder why he just reorged his group this week if he is retiring in 2.5 months.

What percentage of management is that? How many managers does Verizon have total? This is just an awful kick in the pants.

Am I the only one who only thought "okay" when reading the news? This has been dragged out for so long that I'm now numb and I don't even care anymore. If they want to get rid of me, so be it. It's not like those staying behind will be in a much better position with all the extra work coming their way.

She called me excitedly to share the news. I really didn’t have the heart to tell her how bad of an idea I thought it was, or how I don’t think he’ll last more than a few months in this toxic atmosphere. He’s too nice of a guy, and you need to have a much thicker skin and fewer scruples to survive here. I almost feel like an a--hole for not warning her, but what good would it do?

This is horrible news. I’m so sorry, guys, for all of us.

There goes the hope that we were just exaggerating, right out the window. I think my blood pressure just spiked.

Pay attention to how your manager is acting from now on. If he or she starts avoiding you or being excessively nice all of a sudden, you know what's coming.

This is going to be a fu--ing bloodbath. How is anybody supposed to focus on work with this hanging over our heads? 15k???

Job Architecture is an absolute joke. Thought you should know since it's probably not filtering up from AC or the rest of the ELT.

With all due respect, touch grass.

What a waste already. Still no concrete details because they are still trying to figure it all out.

Fiserv stock is now under 60. With the terrible customer service and outdated technology offerings they offer that’s still too high. The fall of Fiserv should studied.

Can you imagine any other workplace where an exec indulges in verbal thuggery?
Here the CTO uses abusive language at the drop of the hat.

What does the HR do?
Pretend like nothing ever happened.

Do we really need such utterly spineless HR guys?

P.S: I hope the HR folks get to read this.

Do I even need to say it

Last day 12/31… anyone feel like this is pointing to something larger?

Does anyone know what’s going on? I have a feeling there’ll be even more layoffs at the end of 2025 or early 2026. Also, what do you think of the new CEO?

Another 6 people in my group of 30 got layoffs yesterday from VSE in RA. Came out of nowhere.
Of course they kept some of the more useless people.

I haven't seen anything posted about it. Strangely quiet and quick.

I know there probably isn't a way to know if a RIF is coming for you but thought I would ask if anyone in hindsight saw some clues or saw the writing on the wall ahead of time? I am pretty overworked with responsibilities but have for the last several years reported to different people who do not (and have not made any effort) to learn even at a high leve what I do or take any interest in my work. I assume me being generally overlooked means I will eventually be next but then again maybe not because my supervisory team will not want to pick up my work when I am gone since they are so unfamiliar? I am ready for whatever comes. A little worried that someday Elevance my get rid of sub pay -because why not it is a cost to them- and that worries me.

It feels like there are more unhappy people that went the EOI route due to either being tired of their incompetent supervisor/management, or tired of the never ending “initiatives” that folks dream up. The office politics these last few months has been impressive. You can definitely tell who’s got their suction in the right pit.

All you closing managers be careful
Haywood mall Greenville had armed robbery a few nights ago.still minimum floor coverage even with this risk.

We're supposed to have layoffs on November 20, and yet every day somebody posts about this or that group being affected by cuts. Are people lying or is there really an ongoing pre-layoff happening, and if it is, what's its point?

Something is up. A few of my peers told me they stopped getting their usual invites for calls and meetings. Seems like the process may have already “unofficially” started.

On the floor at BR.. seeing many VPs ,Sr Dr are having meetings that are not work related.

Sr Dr are meeting one by one with this VP.. most likely lists are getting generated.

Layoffs are every other week these days. Gotta cut cut cut those costs. Still need to get under 90k employees. Only 35k more to go. Eventually it will hit the techs, but I’m sure only the junior most people to reduce costs.
Is 90k something that has been officially confirmed as the end goal or are people just guessing?

If an individual is engaged in multiple full-time positions simultaneously during standard working hours (Monday through Friday, 9 a.m. to 5 p.m.), to whom or through what channel should such a situation be reported?

This is crazy. Last thread was deleted. Not sure why. there wasn't anything in it that was bad.

Has anyone heard about any layoffs this week? Optum just noticed a lot of nurses . I just saw a coworker who was let go at the beginning of the year and is still looking. It’s really tough out there finding good paying jobs.

Layoffs have already started with multiple Market presidents. Just check Workvivo. Notice there’s some we don’t hear from lately. They gone! These layoffs are starting from the top and trickling down. A lot of Senior Directors and Directors are next. They are keeping them around to deliver the bad news to retail stores. Be aware of any open positions not being filled or weird last minute moves to save good employees from being cut. It’s simple math less stores, less retail employees, less Directors, less R2B and the dominos fall. Be very nervous if you get a calendar invite for a mandatory meeting between Nov18-20. Or if you start to see routine meetings canceled. Most likely you will be impacted in some way. Most executives have some knowledge just look at how a lot of Presidents, VPs, and Senior Directors are silent. That’s because they are already out of the business or will be soon. Go ahead and test it ask about why your President or VP has been off the grid lately.

I have an offer from Carelon in the behavioral health area. I’ve heard the person that heads that business is a good leader (CP) but the person above her I should stay away from in Carelon (BW) I work in a similar field today but this is a promotion and seems like a good opportunity. I’m just concerned about what I’m hearing about the other leader. Any advice.