#layoffrumor

What’s the scoop on layoffs for Richmond hill and Pendant?

Or is it just speculation?

What departments are having to work from home next week????? Very sus last minute change….. other departments were on the same boat when they were let go.. right????

Another round of layoffs this month......notification day is the 16th, and hearing of another round in June.

Any more layoffs this year?
Which teams will be impacted?

As per a contact in HR, there’s word TB is planning a second round of layoffs in October. They’ll be reviewing all projects over summer. Anything non-core is likely at risk.

As per a contact in HR - this was just the initial wave. They will be making further cuts this summer to reach the 30k goal.

If only 10k done, do we expect another 20k. By when ?

If 30k already done, those left, are the safe ?

Been hearing rumors about 50% reduction

My entire team was added to STEER a couple of months ago, so I assume we're on the chopping block. Several of my team mates have quit (found other roles outside Citi). I haven't had any luck yet, though I'm actively searching. How long after the add to Steer does one have? Also, what does the severance package entail?
Just wondering if there's a method to the madness, so I can brace myself.

Will you be the one clipped?

I heard from management that there are some pieces moving in the background . Has anyone heard!

Anyone know the timeline for Allina layoffs?

People are getting cut this month in a division here, rumor I heard was if 3M keeps it below 50 a month they don't have to announce it publicly or notify the state? I have not heard of anyone in my division getting cut.

rumor is a potential 25% reduction in headcount at legacy BD/ADx. does anyone have any details?

Just wondering if they are finished with the laid offs? I haven’t heard anything in my work area for the last few days. Thanks.

This is far from my first rodeo at this company, but with the bull pawing the dirt and the writing on the wall, I'm starting think I'd be safer as the rodeo clown... which, honestly, is the closest I'll get to being management material around here. This is my coping song: https://youtu.be/mj1dd0Kcq8A?si=FXSe7HwrGoGSl79D

Announcing in april & gone in 60 days. Worry if your not in a hub. Doesnt matter how much you sacrifice to the co. mostly has to do with your geography.

Beware......The Ides of March

Seeing LinkedIn goodbyes - what groups are getting cut this week?

Heard this rumor today. Anyone hear similar?

I just noticed that bunch of people left the chats, and they are not available any more.
Was there any layoff recently? How many people were cut?

If my boss isn't consulted on who to lay off, and my bosses boss isn't consulted then what's the point in doing any work day to day ?

I heard through rumors one criteria to be laid off was if you was with company less than five years
Nester Castor: 10+ years

Does anyone have any news about layoffs? Have they started? What can we expect? When are they planned?

I know there are too many articles and posts signaling the layoffs are going to happen tomorrow , i.e. 3/31. Since it’s just a day, anyone can confirm here if they got some hints or would get today. No trolls please! Asking genuinely. Will then balance out the work and backing up.

Asking for US.

Everything seems so normal except online.

Any word on the street how this one will go ?

It seems to quiet…..

There have been some rumors since the big round in January about April being a target for a second round of layoffs. Anyone have more details to share on if another round will emerge and areas impacted?

Are we having more cuts or not?

End of March was the rumor. Any news?

I've been watching the number closely, and it had been going up, but as of Saturday 3/28, 6:40 AM - down to 165,527. Around 1600 people less than the last time I looked.

Buckle up - maybe Tuesday the 31st is really the day.

Is NetSuite not affected on the 31st?

I've been here less than a year and have kept my head down but the sthe new WPE rollout, especially in GT, seems to be a reason to layoff. What happens at BofA when your time is up?

It’s the day of reckoning save it

Is there any verified information about specific offices closing, or is it all just rumor?

I hear AI is axing jobs. KC seems to think its a job eliminator to cut back on people. Rumor Ive heard our CHRO has in mind anyway. Whats the strategy. Productivity or cost savings?

Are there any hard pointers such as IT blocking some stuff, etc?