#layoffrumor

A bit of related or slightly unrelated question. Has anyone recently joined mastercard directly from visa? My key ask is, could visa send you on garden leaves if your manager asked you to disclose where you are heading to? Looking at current environment, I am afraid that would be the case. Thoughts? Experience?

get ready because they're not done cutting jobs! rumor has it another round of layoffs are coming after thanksgiving. the severance isn't great especially if you don't have a lot of tenure. update your resume and watch your holiday spending. this ship is sinking fast.

So with all the talk of layoffs etc. Why would a distro warehouse completely redo inside? Bathrooms,offices,hallways,breakroom etc. If pepsi is watching $$$$$??? Anyone else warehouse going through this? Asking for a friend.

creating separate thread for discussion for specifically Allstate Health layoffs. Has anyone heard anything yet? Any calls scheduled?

Start preparing for the next round coming soon

Alright team, instead of the usual vague “it’s coming soon” posts, let’s actually put dates on the board and argue them out.
Drop your prediction in the comments (or just reply with the letter). Feel free to change your mind later if new rumors surface.
A. Week of Nov 17–21 (the classic mid-November window)
Argument: Historically a common timing, still early enough to clear people before Thanksgiving/holiday blackout periods, and a couple of teams have been quietly hearing “mid-November.” Also lines up with the “finish the year strong on cost” messaging.
B. First full week of December (Dec 1–5)
Argument: Lets them get past Thanksgiving, still hits the books in 2026, and gives managers one more week of quiet planning after the holiday. Some people think leadership prefers not to ruin Thanksgiving week.
C. Mid-to-late December (right before the holiday shutdown)
Argument: Maximum “here’s your parting gift” energy. Clears the headcount for year-end financials and means fewer people around to ask questions. The “Verizon Christmas present” theory never fully dies.
D. January / early Q1 2027
Argument: They already took enough cost out in 2026, want a clean start to the new year, and prefer not to deal with holiday severance processing or COBRA timing headaches. Also gives them more time to finish certain system migrations first.
E. “Nothing until at least March / later in 2027”
Argument: The big moves already happened, remaining cuts will be smaller and more targeted, and they’re shifting focus to execution and AI rollout rather than another big wave this close to year-end.
I’ll start: I’m leaning A with a soft lean toward B if nothing lands next week.
What’s your call and why?
(Bonus points if you actually have a logical reason instead of just vibes.)

a large number of lay offs are coming for underperforming reps and managers…. the writing has been on the wall

Reliable sources say that Friday the 13th is shaping up to be a day of major layoffs. Lists have reportedly been finalized across several LOBs, with a 10% reduction expected this year and potentially more next year. Wishing everyone the best.

What a bloodbath. Was told over 4000 and closer to 5000 between NG and Allstate over the next three days.

Is this true?

Get ready for the wave. Most retail DOS’s don’t do anything anyway and offload all of their work to retail ADs. Fits the narrative of top heavy employees that provide no value or change to T.

I’m sure you notice you have targets that you won’t be able to hit as corporate retail stores have been declining for years and years now.

Multiple sources internally report odd behavior in product team directors, VPs and upper middle management. Product and support teams are being asked to thoroughly document process and tool usage. Directors and managers are MIA for large portions of the working day. Upper managers are now playing politics now to fight for headcount and relevance while deciding which teams and employees will suffer next week.

More rumours suggest VPs and Directors are being told to further drive AI adoption in all teams, not just product and support, and remove backfills from the west workforce while creating new roles in Bengaluru. Their plan is to reduce the American workforce permanently in favor of cheaper labor that can leverage AI.

Employees with a remote or hybrid category are being targeted. Employees co-located to direct and middle management will be protected. Remote and hybrid roles will be targeted. Product, sales and support teams in the Americas will take the largest hits. The rumoured target is appr. 4% reduction in force.

Been with Verizon for 22 years. The only year that we had to complete end of year appraisals in November, was 2025 and we lost a HUGE number of employees. Is that what is happening again? We used to do appraisals in January, now we are doing them in November again.

Hearing some people were notified today.

Any thoughts on potential layoffs this week or next prior to the holiday?

Are layoffs / org restructuring coming to S&T?!?

Reduction in force in the works for shortly after Thanksgiving.

Heard Lowell MA got hit.

"The Wreck of the Edmund Fitzgerald"!!!

Reportedly this week's layoffs start today with impacts through Friday.

Since this company will likely try to be stealthy with the layoffs and not remotely transparent post areas impacted and potential numbers here as they are found out.

Do managers have their lists yet? Anyone gotten a meeting thrown on their calendar after earnings? Hearing conflicting info on whether it will be 11/13 or 11/17

Hearing through muiltiple HR associates and IT that a lot of layoffs coming this week.

A lot of additional packing supplies have been ordered for equipment returns according to IT

More false news, no layoffs there today

i have not heard anything but wondering 🤔 if Comcast will follow

What are the odds?

Inside News - In india - majorly South indians employees are going to laid off!!

See this week

Why is it so quiet in S&T? No news of changes or re orgs. Is it calm before the storm whilst other functions sort their teams out? Should I be worried or are we saved?

Does anyone else have a townhall scheduled tomorrow?
Wondered if that means I'll get cut and some severance.

There was talk about closing offices with less than 100 employees in EMEA. Did it happen in any country yet?

(A) Are we done with cuts
(B) Is it bigger than we all anticipate
(C) Future cutting plans
(D) Current & Future targets
(E) Movements at the top
(F) Reorgs (potential)
(G) What else?

Heard that IBM is laying off all the VISA holders by June 2027 .

Is Comcast in same path ?

Does anybody know if these cuts in the last two days are just isolated incidents or part of something larger that's coming?

100% confirmed, managers have the list

Are layoffs still this week?

Restarting a thread where we strictly focus on sharing info. Please be kind to your colleagues during this stressful time and let’s stay focused unlike in the other thread.

I can confirm that SVPs were asked to make lists last Monday

These lists were however for vital employees (vs firing targets). The target for vital employees % was a lot less than half (wont be specific in case org dependant)

I personally didn’t get the 10% cut info (but I believe op from other post)

This cut is however not gonna be the “big one”, early 2027 is when we will get hit by another one, this time very substantial

Please share your info. I did my part here! Anyone has the date for the upcoming one?

Iv heard there are 2 or 3 more major waves coming in after New Year. They are cutting all depts. Another 15-20% reduction is what my sup is anticipating. Anyone else hearing this?I know after the split we will see major firings.

Are there layoffs happening right now or are people talking about cuts that already happened last week and last month?

With these layoff rumors spiraling yet again.. does anyone have any insight on the nurses side of things. Will clincial reviewers be apart like the last lay off? Will they just fire people with no warning? Many CRs/nurses are left in the dark with tons of questions. Any comments would be appreciated