#global

Got to know today that VP's were notified with getting the list of people with 10% reduction target across each verticals of streaming.
These layoff would be announced by late November or Early December.

Also layoff would be global regardless of location.

No, Global Payments has not been bought out, though private equity firms Clayton, Dubilier & Rice (CD&R) and GTCR have launched a joint $40 billion buyout bid for the company.
Key details of the situation:
• The Bid: CD&R and private equity group GTCR (Global Payments' largest outside shareholder) have teamed up on a potential leveraged buyout valuing the company at around $40 billion (combining a ~23 billion market cap and over $17 billion in net debt).
• Current Status: The talks are ongoing and may not result in a final deal.
• Context: The buyout interest follows a difficult period for Global Payments' stock after its massive 2025 acquisition of Worldpay.

https://indianewengland.com/qualcomm-plans-global-job-cuts-starting-in-november-as-ceo-pushes-for-stronger-performance/

Not only will global IT have layoffs (approximately 7%) in November they are also holding a mandatory 10% bottom exercise.

So, is globalization at GLOBAL foundries a good thing or a bad thing?

An auto parts facility in St. Thomas will reduce its output as some operations are relocated. The parent company, Standard Motor Products, cited global competitiveness and market pressures for the decision. An unspecified number of employees will be affected by layoffs. Affected staff will receive severance packages, including health care and outplacement services. This move is part of a broader restructuring plan by SMP.

https://www.cbc.ca/news/canada/london/st-thomas-auto-parts-plant-to-cut-production-move-some-work-to-mexico-9.7384399

St. Thomas, Ontario

https://sammyguru.com/samsung-silicon-photonics-acquisition-tsmc/

It looks like the planning is just about done (Ops senior leader planning sessions last week), so get ready for a rebadging announcement to finally occur this week. Global Ops team members to be impacted as they will be rebadged as InfoSys team members.

The giant IT overrun is fueling layoffs of 6-8% across all Global IT organizations, targeting the end of month November for last day. Happy Thanksgiving US employees. Regards Cindy

It can't be only that they can be done remotely, since then most of us would already be out of work. So what is it?

Are they telling us everyone in APLA will be goners FY28? Seems like LATAM is going/staying in Mexico. AP in GC so there goes those jobs. Do they move people to global or NA or just let them all go? Thoughts?

There has to be some big news coming. There is the global town hall to start the week, then most orgs have their discipline or function specific town halls that all mention “building on the global town hall”.

The World Health Organization is facing significant staff reductions, losing approximately 2,000 employees, which represents a quarter of its total workforce. This substantial cutback is raising concerns about the organization's capacity to address critical global health issues. Specifically, the fight against air pollution and its detrimental effects on public health is now at risk. These budget cuts, largely driven by reduced humanitarian funding from countries like the United States, have far-reaching consequences for millions worldwide. The WHO's ability to continue its vital work in combating pollution and protecting public health is now in jeopardy.

https://www.swissinfo.ch/eng/international-geneva/layoffs-at-who-will-impact-fight-against-air-pollution/92007174

Lots of high profile layoffs and resignations happening this week across multiple regions. No one should trust or do business with this company.

What is the timeline for moving all GP execution roles to India? I heard there was a report recently to move in this direction.

Any insights on MV Canada inspite of trade war tensions and global competitive landscape?

Who’s heard what?

The audacity of some people saying, ‘I’m from ITC, can you connect during my working hours?’ when their working hours are literally late at night through early morning for us.

Those all American boys and girls working those cheap Indians to the bone. Keeping all the money and good jobs for themselves. Do they actually think that model will work? What happens when the Indians realise they are being sc--wed by the greedy Cowboys? What about the other folks in Argentina, Brazil, Budapest....?

WCiBO call today discussed why we are now USBank India . Reasoning was because all the other banks are offshoring, we are now a global company and we need workers across the globe to serve our global customers. Also said required to have employees in India for regulatory reasons.

Did I miss anything else?

Like Susan Collin’s, I am concerned, especially with talk about helping us find another job and severance.

Oh well, at least we get severance

Happened this morning, right when the day started. To all the dorks in here saying they're unsubstantiated rumors? no one is safe from global WFR's for the AI we've been training

Rumors are that VZ employees will be rebadged to Deloitte, has anyone has confirmed news? Is it applicable to Global Employees or just Onsite (USA)?

Can anyone share any BTC or KLTC success stories? I presume we have above average ppl at the highest levels of management. We’ve been on this TC journey now for a while and should be able to judge whether or not we should double down or reset our global talent management strategy. Are there truly tangibly positive results?

PepsiCo loses major corporate customer. Fiat Costco. Now Global Marriott.

https://finance.yahoo.com/markets/stocks/articles/marriott-coca-cola-announce-global-135547786.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACOxJwc5TBLn8TFc1UGltv_KeyahbBEI_jn1cjXczjWyrIQAsjU0Xa1_ZF2XLYz4eC6Gxz9F-O0bsdyIc-UT0EOxPjtJl4Dlj_o1Cqsgro_NBgCIs3fbS-5oryhHfu_CH3AuMbMS9eCzmtc9AXCuhl0gHMBAMz5V4G5ZBXpmF7_O

I ain’t in America but the reorg over there has got me thinking about what happens in my region and country. Has anyone heard much? Is the USA the first to restructure and then other countries follow?

You heard it here first! Grouping the ROW together simply doesn't work!

New Geo Structure;

North America / Latin America - VP, TP - HQ: Beaverton and Mexico City
Europe / Middle East / Africa - VP, CG - HQ: Hilversum
Greater China / Asia Pacific - VP, CS - HQ: Shanghai and Seoul

Simplified to 3 Geos and taking advantage of geographic proximity.

Taking all PTO together this year but it’s not enough for my needs. I need an extra week or two - manager says they can permit remote work if it’s a short duration but with RTO 5x from Sep 1, I’m worried 😟 This is for North America.

Will HR & Global Mobility need to get involved? Any recent success stories of folks who have navigated this?

To employees in India offices, how do you feel about job security? Express feedback regarding management and interactions with other office locations globally.

The global economy now uses roughly half as much energy per dollar of output as it did in 1980, helping cushion oil shocks.

Read more in F&D magazine.

https://www.imf.org/.../2026/06/picture-this-shock-absorbers

Oil prices have risen sharply with the latest war in the Middle East, reviving memories of the 1970s. The effective closure of the Strait of Hormuz, a route for about a quarter of seaborne oil trade, represents a major global supply shock. The damage will depend largely on how long the disruption lasts. Oil markets were well supplied heading into the disruption, strategic stock releases added barrels, and buoyant financial markets helped limit broader tightening in financial conditions.

Beyond these immediate buffers, two structural factors have also cushioned the blow. First, the world economy is far more energy efficient than it was 50 years ago. Each dollar of output now requires roughly half as much energy as it did in 1980.

Second, the energy system is more diversified. Oil’s share of the mix has fallen from about half in 1973 to less than a third today. Oil remains the world’s leading fuel, but it no longer dominates.

Even so, these cushions do not protect countries from pain evenly. Ultimately, the severity of the shock at the country level depends on two things: how much oil an economy imports and how much policy space its government has to respond. More than 80 percent of countries are net oil importers, and the most vulnerable entered this episode with limited room in public budgets to shield households and businesses. That is why the same global shock can become a much harsher national one where import dependence is high and policy space is thin.

https://youtube.com/shorts/cYCHjg4a0fk?is=j8j7dqw6oCh6ynQu

DL mentioned on the Global Solutions all team call that apparently Claude Code access was only meant for him and a few others at AVP/SVP level - instead, everyone that ultimately report to them globally got access. I wonder what the actualy budget was?

Just a general thread for Optum Global Capability Center Chennai. What do we know, where are we going, how will things play out, the impact on the rest of the work force.

Any impact on Global Operations Supply Chain today?
If any, location and role?

God Bless everyone. Hopefully none.

Open forum. What functions do you find relevant for moving to shared services?

Which functions and teams coild be ki-led around the world and why?