#layoffrumor

Hearing rumors tech is getting hit?

keep canceling. pay lower prices for better services. layoff verizon leadership

By end of this year? Early next year? Or once former CEO is completely gone?

I know an M7 who is a family friend and confirmed that huge layoffs are coming on Tuesday 9/15 in US and will be happening in pre-sales teams.

I know all of us at Fiserv live under this persistent threat of a layoff looming over us, but I was wondering if there was anything in your immediate range where you thought you were going to get laid off and eventually did. What were the signs? Not enough work to do? Offshoring work? Lot of deconverted clients to sustain the business unit? Financial losses specific to the business unit? Etc. Or were any of you genuinely surprised you were targeted for the layoff.

Personally speaking I would not be surprised because there are many warning signs in close proximity to me but not just simply that Fiserv isn't doing well as a whole. Too much disruption and offshoring is what I've been seeing operationally.

Hi folks, I just got off a scheduled call with my very high contact. She accidentally let slip some important information pertaining to next weeks layoff rumours.

Basically she mentioned that code name “operation apocalypse” will begin on the 14th. From what I understand the plan is to reduce headcount by 30% due to ai now being good enough to replace the majority of workers.

She did mention relevant departments this could be hitting.

Likely the US and India’s mother will be the hardest hit.

I take no pleasure in delivering this information, but I felt it important to share what little I know.

Folks my advice would be to go home and hold your loved ones close until dawn. it looks like we are in for a bumpy week…I know I will be holding

There’s been a bit of talk about a cull happening soon, anyone heard anything more concrete on this?

A q for folks who have been around for a while. 18 months here. Just curious to see if there is a pattern. I dont have any insider info, I just feel that all companies are cutting. I may be 100% off.

Has anyone heard any rumors or something coming?

A lot of conflicting info around here. Anyone in the know on whether the notification date will in fact be tomorrow?

I am worried with these recent rumors about another 10% layoff. Worried for mortgage and new kid. :( let me get back to work

I'm in Optum Health and I'm desperate to leave. Like actually considering resigning this week because I can't take this place anymore. However, if there's a chance I'll be laid off in October, I'd certainly choose to hang in there and collect my severance. So my question is... how bad do we think these layoffs will be? Is it worth waiting? And does anyone know when in October we should expect layoffs?

Does anybody know what's being planned for October?

Or did people just decide that's the date for whatever reason?

I guess no news, is good news.

Or, there is more to come...

I keep hearing this month they're letting people go but nobody can tell me more

Anyone know if large layoffs are coming in October ? Aymon mentioned in town hall that large layoffs were only if a company had a profit problem whereas Opentext has a revenue problem so sounds like no cuts ?

Someone posted on another site that ISM will have layoffs the week of 9/14. They wound up taking down the post.

Is this rumor true? If yes, how many and affected locations?

How’s everyone in Housecalls doing? Are there any concerns for layoffs? I’m full time and I only have a small amount of members (<55) scheduled in the future. It used to be a lot more than that.

I’m not US based so don’t know very much about this guy, his past stint in Dell. However I’m hearing he’s the grim reaper, hatchet man who’s turning the sc--ws and just about to crank things up that bit further.

All's I can say is that's going to be an interesting day. Get your resume ready.

Who is actually ready for the real layoff day? Now that we are past these troll dates Sept 1 and Sept 8. Sheesh

I remember asking if there was a chance they’d reduce a day as gas prices climbed and was told no. Never mind how other people are abusing that but with prices going up I am pretty close to living paycheck to paycheck. I don’t want to bring it up again to the powers that be but it’s really getting hard. Every single thing is. The icing on the cake is the constant fear of a layoff every other week. Is anyone else going through this? I’m tempted to borrow from my 401K.

They want us miserable to quit on our own. Layoffs are too expensive. I'm betting you that's their plan.

Am I missing some official notice?

Does a single person have any concrete information on the next round of layoffs? Anything other than the omnipresent "layoffs are coming, be ready?"

Can anybody confirm?

Brace yourselves...multiple news sources carrying the same headline...

https://stocktwits.com/news-articles/markets/equity/verizon-plans-new-round-of-layoffs/cZZREorR7q8

Not sure how big or who exactly impacted but could be a few hundred gone??

Just a rumour but heard from 2 different people. Same pattern as last year.

It’s weird not seeing people concerned about Tuesday 6am? That’s literally when layoffs happened last September. The day after Labor Day. These 14th/15th dates more realistic?

BREAKING: Nike is set to be removed from the S&P 100 after nearly 18 years.

The stock is now down almost 80% from its 2021 peak, turning one of the market’s most iconic consumer brands into one of its biggest recent disappointments.

There’s a sad sort of clanging
From the clock in the hall
And the bells in the steeple, too;
And up in the nurs’ry
An absurd little bird
Is popping out to say “coo-coo.”
(Coo-coo, coo-coo.)
Regretfully they tell us
But firmly they compel us
To say goodbye to you . . .
So long, farewell,
Auf Wiedersehen, good night.

Layoffs incoming again.

Just miss Esso France so much man, cannot bear to consider that EPCO might be on the chopping block too

Folks I’m hearing a lot on the grapevine around 14th of September. From what I understand the higher ups have codenamed it “apocalypse day”

Apparently India and the states will be hit most. CloudIQ is meant to be getting another round to as they have underperformed.

Folks this one took me by surprise so please make it a priority to hold your loved ones extra close, I know I will be holding

September 14th is meant to be catostrophic. Good luck all.

Hold your loved ones close. I know I will be holding

Multiple sources from Blind Posts pointed out Layoff will be US 9/14 AND IDC 9/15. And this time it doesn't seem like bull**it

We know 9/14 will be IDC holiday so it postpone to 9/15.
Townhall will be 9/15 for US but it is recorded so no live session answering any questions. Same video will be share to IDC folks I assume.