#rif

I called $125 by Nov. 1rst 5 months ago (check the logs here). Seems to be moving that way. I also called the company will file for protection and bankruptcy then restructure during 2027/2028. There are just too many financial warning signs to ignore. It's straight forward - do the research and look at history across other bubbles and timeframes. Ironic and eerlity simimilar. RIF's are a constant reality at Oracle but will not make a significant difference to the ultimate outcome of where this company is headed.

They are coming no doubt but I seriously doubt tomorrow. When previous RIFs have occurred the last decade SOMEONE leaks some credible information prior and all the people who chose to deny it’s coming down vote and call them a fear monger.

All that to say… all I’ve seen is people complaining about the company and throwing weak theories out.

I think we’ll all be safe… TOMORROW. Prob not by EOY.

There is an ongoing RIF that started mid September and it's expected to go through end of September 2026.

This one is subtle...and quiet. It's hitting a lot of departments but it's a person here and there, no 'mass RIF'.

I was reading the severance agreement. There is a lot of verbiage around not being able to sue Oracle for age discrimination. Does anyone know if there are any class action lawsuits regarding this ? I don’t see any but was curious since yin give up your rights down the road.

They are confidential.

TL;DR: Fill out the surveys honestly. It won’t make you more or less likely to be RIF’d.

This means they have identifying data collected that links responses to records, but that data is strictly protected from general viewership. This has been the case for Verizon surveys for over a decade.

The results are aggregated for leaders with 5+ responses. However, the comments are kept as is for leaders to review.

This year, they specifically call out that an ethical or policy comment requiring attention may have the submitter details shared with the “appropriate teams.”

It being confidential is how they can continuously remind you to take it if you haven’t filled it out.

Comments being shared verbatim is how leaders can identify a person based on details of events, conversations, or direct naming of people. It’s often how they check if they know the general attitude of their employees by trying to guess who wrote what.

Verizon very likely does not use a Pulse Survey to distinguish who is and is not added to a RIF list. For one, this would be deemed as retaliation which employees are federally protected against. Secondly, the survey is run through Gallup while RIFs use a separate third-party company to determine the list based on performance, conduct (specifically infractions/warnings), tenure, pay, and title. It’s very carefully screened to not overly target employees based on age, race, or other protected characteristics.

So submit your answers honestly. Even a 100% great response from every employee for their leader isn’t going to save the team from any planned RIFs. Similarly, any absolutely negative response won’t put a target on the back of the employees or leader. At most, it will have Verizon senior leadership and HR looking into the leader to see if a leader conduct/performance warning is necessary.

Anyone else feel like a VZ Pulse Survey is just an indicator that another round of RIFs and restructuring is coming? I’d guess, from the timing, that an announcement will happen in October with severance dates effective December/January. I have no proof, other than historical rounds following survey these last couple years.

When I think of the next round RIF, holding RSU can be a risk.
This is what we learned this time.
We don’t have low performers anymore.

High salary
High RSU
High age
Theses are the major factors of RIF selection.

If they give me RSU, can I refuse that?

How many employees will be RIFed over the worst iPhone launch ever? Little to no sales….. little phone calls….. unheard of…….

How many employees will be RIFed over the worst iPhone launch ever? Little to no sales….. little phone calls….. unheard of…….

Curious, if anyone else thinks there's a case here. It would seem that Oracle, grants certain employees RSUs. The intent is to get those employees to stay and remain engaged over the vesting cycle. RSUs are valuable, no matter what the stock price is.

However, part of the RIF process is to cut individuals that have large amounts prior to vesting. It's not by accident, it is a standard practice. Seems to be deceptive. I'm curious on thoughts from this community.

Hello everyone ! I’m back and I hope you’re all happy and healthy including the negative ones that bad mouth Medtronic.. lol It’s been 4 mos since I got riffed since May 5th and I I’m living the dream but I have to admit I left my heart in Medtronic..I did not have a high paying job or position but honestly I was happy. The only drawback that I hated was getting up at 5 but nevertheless i had a great job with some of the best people I will ever meet in my lifetime. I think that was the best part of my job to be honest with you. They always helped me see the good in everything no matter how bad it was . I would have never known this if i had never worked there . You can call me whatever you want , bootlicker and such but in your face I’m one proud one right here . And if given the chance I would take my job again in a heartbeat . God bless Medtronic❤️

Hear of RIFS happening! Can you confirm locations!

Does anyone know the next notification date? RIFs are part of quarterly cadence at Centene. Last one was late because of VSP. When is next one planned?

Not a fun post.

This has come up on Reddit too: the September list of people RIF’d was reduced from the original (some estimates had it being 2-3x longer).

There were a few reasons and to why the was reduced and I won’t get into them here. But at the end of the day, the remaining people from the original list will get RIF’d and the plan is December after the quarterly announcements.

It’s the same story based on budgets (RSU) - North American resources are expensive. M-levels can confirm that the first couple of list drafts are way longer than the actual final September RIF.

December will be the next round for US, Canada and India. $$ and details will go out in the Q2 10-q.

If you downvote this post, you’re not doing anyone a favor. I told people on here multiple times the date of the September RIF was not Sep 1 but Sep 15, and was downvoted. Management gets trained the week before on layoffs. Always (email or not).

Apparently employee performance ratings weren't a factor in layoff decisions.

As folks are now stack ranked and downgraded to "meets expectations" in most cases and focal rewards are usually dismal and weighted towards RSUs rather than real cash.

Whats the point in trying harder than normal job expectations?

Also theres no guarantee you won't get a RIF before RSUs vest.

I left on my terms and conditions. I milked the company all the way until the end of my employment. Anyone can do the same before you get placed on a PIP or RIF’d. This company is so Mickey Mouse. They love to engage in psychological warfare as most Fortune 500 corporations use the same tactics, but I became the victor!

The Office of the Comptroller of the Currency has begun a new series of layoffs. Federal employee union representatives confirmed the job cuts. Reduction-in-force notices were distributed to employees on Wednesday. The exact number of affected staff and their departments remain undisclosed. Previous staff reduction plans included a buyout offer.

Washington, D.C.

https://news.bloomberglaw.com/banking-law/national-bank-regulator-begins-new-round-of-layoffs-union-says

I heard a couple of big names / leaders impacted this week. Any ideas on total impact?

From HR training I am pretty sure you cannot threaten someone their job because they ask you for help.to remove an impediment. Asking any HR person on here, current or ex Fiserv. This seems like a violation. This is how they are doing rifs when they say not performance based.

Anyone have a read out on the Mark Hura for North America's all hands call this week? Obviously I missed it being RIF'd on Monday.

Have they mention how many people accepted the VSP? And how many RIFs this year?

Possible RIF around end of year again, Thanksgiving / Christmas ?

According to the pattern, the sinking ship has been following there should be some RIFs tomorrow.

If there’s a god please pick me

I've been thinking about this because I've now been on both sides of it. I've made the calls. I've been the person on Zoom or the phone telling someone their job was being eliminated. And then last year I got the call myself. I thought I understood what that felt like because I'd watched people go through it and I'd had some really difficult conversations with people I cared about. I didn't. Not completely.

One day you're working. Your calendar is full, you're in the middle of projects, people are calling you, and you're thinking about what needs to happen next week or next quarter. Then suddenly you're not part of any of it. The company keeps moving, your meetings still happen, your work gets reassigned and eventually people you talked to every day stop calling. That's not a criticism of them. They still have jobs to do and you're simply not part of their working lives anymore. It takes some time to get your head around how quickly that happens.

That's why I have a hard time with some of the survivor posts immediately after a RIF. We lost great people, we'll raise a glass to them tonight, tomorrow we rebuild, we push on, we continue the mission. I know most people who write this stuff mean well, but think for a second about the people who just got cut. The company just told them they're no longer part of the mission. Trust me, they already know you're going to push on without them. They don't need you to tell them.

There's something else I think people who survive these things need to understand. If you've survived five RIFs, don't convince yourself you've somehow gotten good at surviving RIFs, or that continuing to survive means you're special or safe. I've been involved in making these decisions and that's simply not how it works.

Sometimes a product goes away. Sometimes the strategy changes. Sometimes they need to take cost out of one organization and not another. Sometimes two groups get combined and suddenly there are two people for one job. And when you get down into the list, HR and the lawyers are looking at it too. They're looking at age, gender and other protected groups because the company needs to understand whether the RIF creates an adverse-impact or discrimination problem. I've actually participated in this process. When you get into close decisions, factors other than who is the better employee can absolutely become part of reviewing that list.

So maybe your product survived. Maybe your particular job was needed in the new organization. Maybe you ended up on the right side of the ledger this time. Or maybe you just got lucky. None of that means you aren't good at your job. It just means you shouldn't assume the person who got cut wasn't every bit as good at theirs.

If you really want to help the people who lost their jobs, help them. Make the introduction, send the resume, pick up the phone, write the recommendation. Then go back to work. You don't need to post about how you're going to carry on with the mission. They already know.

And if you've survived five RIFs, maybe the lesson isn't that you're safe.

Maybe it's that you've been lucky five times.

any info when riffs come to EMEA?

Can one volunteer for it? How?

Vp or director?

I did not see the email of the RIf until about 8 hours later EST when I was able to access my work email just one last time, and there was an email sent at 6:01 AM. There, in that email, there is a link that you click to verify your personal email address along with your name and work email.

After that, I was not able to connect to work email. So if you haven't tried to reconnect into your work email, try again and you will see an email that says: Immediate Action Required.

The assumptioin is you will get documentation for severance and anything else in the coming weeks. I heard within 2 weeks give or take if not sooner.

Recently re-orged to Security and GRC from Cerner. Should we expect layoffs? Last rounds security teams were hit but not as strong as other groups.

I actually enjoy the work here and have some great coworkers. The problem is I've watched so many really good people get RIF'd that I don't feel secure anymore. Every few months there's another round. With the job market being this rough, I'm thinking I'd better start looking while I still have a choice.

Is it done for 2026?

I informally volunteered for any RIF in the U.S. No feedback yet from management. Hoping they snip me next week. Will keep y'all posted as the process unfolds. Or doesn't unfold.

Has anyone looked at the distribution of RIF employees? For those who were part of the RIF it should be in workday. It’s a 47 page document. Just curious what your thoughts are. I reviewed the data by extracting the PDF into and excel. I wanted to analyze it because I wanted to see what the age distribution was. I can safely say that 40+ vs 40 under age range did not have a statistical significance.associated with selection of older employees at least for the line I reviewed. The selection rate was also evenly spaced out among age bands between 8-11% on any age group. There was a disproportionate impact on Sales teams at 30%+ percent accounting for the majority of the RIF. I don’t believe these numbers include the VSP numbers.

RIF started sporadically beginning of September and ongoing...Some received notification early Friday before noon. And some genuine 'volunteered' to be on the 'list'. After I finished work at the end of the day, I felt surreal, sad and somber after leaving the building for ALL the people who were let go, I remember what someone said "all the good things must come to an END"

Regrettably this RIF/layoff will be kept quiet and the details of how many and where will never become a part of the public domain. To the rest of the world it never happened

Expect it on Monday.