#layoffrumor

It's sad that layoffs have become so commonplace that even this soon after the last round I'm already worried about what's coming next. At this point, the only way to regain some semblance of job security probably means finding a job somewhere else. This place has outlived its purpose.

It is no secret that Bank will have another round of layoffs in Q2, just by everything I’ve been hearing, end of April seems to be the target date.

Reading previous post on what happened back on Jan 28, don’t be in office that day, as you will be escorted out and laptop confiscated. Start taking certification courses NOW, because you won’t have access to Guild to register for more during the 60 day window. If you register now and do get impacted in a few weeks, USAA still has to cover the course(s). Send all your accomplishments, year end reviews and resume to your personal email, redeem all your recognition points because again you won’t have access to do it once they take your laptop.

More importantly, take your PTO, but use the floating holiday and volunteer hours first, as those are not paid out to you. With phase 2 of the “how we work” bank reorg, look to the person to your left and right, very good chance one of them will be impacted in the next 6-8 weeks.

I thought we were done? Is this a whole new batch or is this still from the announced 30k in January?

No layoffs before May? Is that correct?

Layoff will take place by…

March 19 —- 23%
March 26 —- 34%
April 2 —- 72%
April 9 —- 94%

When is the next round?

I know some groups weren’t hit in the last round of layoffs and we are still fat with duplicate roles due to Xerox/Lexmark teams being merged. And the company isnt doing well. So I suspect more layoffs are coming. Seen a few people say May 30. How likely is that? Anyone got any insight or a crystal ball?

Another round of layoffs has happened. We’re in the California division. Anyone experiencing more layoffs this quarter?

I'm hearing rumors on the regular about layoffs in April, is this true?

There's no longer a point in asking questions about whether layoffs are coming. They are. The answer will always be yes. The only question now is when. Is it in a month or two, or maybe three, but never longer than that. It's not how things should be, but it is what it is.

Round 1, March 26 (15K) round 2 Sept. 2026 (8K). Dan Shulman, ‘Layoffs are a way of doing busyness...”

Yearly spring cleaning time at OpenText.

Brush off your resumes !

Been seeing a lot of comments on earlier posts about rumors of layoffs. Was wondering if there is a similar pattern between now and the last significant layoff in 2023? Just want to be prepared and not caught off guard. Thanks! (Apparently PNC didn’t file warn notice for that round)

Don’t panic, usual perf reviews are on, there is no layoff, people are just paranoid and want to create drama

Doing layoffs on a Tuesday after a payday? I keep seeing it reiterated by people on Reddit

Source from HR 7K+ … March 26th

After CEO departure the layoff 2026 will be MASSIVE

https://www.reddit.com/r/EverHint/comments/1rs2mwi/adobes_38_collapse_ceo_exits_an_overgrown_empire/

Any active rumors of a reorg or layoffs? I know they said no more layoffs but I don’t trust them? Only people with real knowledge please reply

Does anyone know if any teams outside of the clinics are getting hit again? I’m work in corporate but all I keep hearing about are the clinics closing or merging.

Our work in federal has decreased so significantly we are getting extremely nervous.. has anyone heard anything about possible layoffs over here?

Next round coming in April? Why the job postings in the states?

Any experienced ?
Given notice period of 2 months , Can you retain your grants if layoff happens 2 months ahead of your vesting date ?
or you get forfeited ?

India is the most important region to OT, they are hiring and completely committed to India

No layoffs there

Anything 100% confirmed? Worried about SBG.

I've been on vacation for the past 3 months in EU and I've heard rumblings, that there will be layoffs in tech within the next few weeks, can anyone deny/confirm?

Are layoffs coming in March?

Nothing this month?

So when is it starting? I haven’t seen anything or has it happened and I missed it?

Any info on this?

It has never been this clear. The constant stress, the worrying, the intentional withholding of information, all of it feels designed to push people to the edge until they finally say fu-k it and quit. If they can get enough people to simply walk away, it saves them a lot of money. At this point, it is hard not to think that this is part of the plan.

I have heard a few anecdotal rumors. Any truth?

Any news on RIFs for this week, 3/12....?

I guess in one and half or so, we will know our fate.

Woke up to flash call scheduled on my calendar for 9:45 AM.

GCL has been posting in group to "make every effort to attend

The 19th is just next week. Good Luck everyone!