#layoffrumor

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Something big brewing

I am hearing, atleast from few different levels that they are planning to do mass layoff in Ireland and maybe UK, and eventually exit UK like Germany..not rumors but actual talks. Can't share where and who coz i might get into trouble.

I mean I'm already seeing signs for UK, decreasing headcount each year, only bit up due to German relocation, not much profit and announcements of Canada physical store plans and aggressive US stores plans- they would need money and UK might be bleeding more money and resources.

I would be very proactive to look for jobs given perfect storm brewing.


Not many people have quit so far

At least not that I know of. If the whole ploy of being forced back into the offices to thin out the workforce (we all know that's the real reason) doesn't work out, are we looking at another major round sometime soon? How long are they going to wait to see if their plan is working?


July Layoffs (July 8 or July 15)

Based on prior layoff rounds, it seems it often occurs on Wednesdays.

With Citi scheduled to report Q2 earnings on July 14, my assumption is that any July layoffs would likely take place on July 15 (or July 8).

Similar to how the June 10 layoffs were being discussed here roughly a month before they happened, has anyone heard any rumors regarding potential July dates?


Only ~300 laid off according to systems, not 1000's like rumored.

Almost all in AMS, across all departments. The biggest hit departments (more than 10, none more than 20) appear to be Solution Sales Execs, IT Workflows, Product Marketing, Global SC Demo, and Talent Acquisition. Locations are everywhere, with Remote making up 2/3. SC had more than SD.


Why aren't people quitting?

Turnover's blowing up at so many other companies but things feel weirdly frozen here. I'm still looking for an exit but most of my team seems fine staying put even after everything that's happened, and I can't tell if they know something I don't or if everyone's just too tired to move.