#rif

Update from Dan notes that the bone tree office is no longer penetrating the market, so this office is confirmed to be closing. All employees moving to previous WFH model, and then RIFs determined at an “unannounced” date. Sounds like there will be some consideration regarding the amount of candor an employee demonstrates.

Just looking for some clarity:

What offices are closing and which date is the actually real for a rif. Either way I know we will have a big one prior to October due to the Stock Award being given that month. So obviously VZ will need people not here prior to that month. So Q2 or Q3 rif is in play. Will VZ wait till Q3 or is May actually for real?

1) Rumors site starts getting more and more input/traction.

2) Big news media start noting potential layoffs possibly leaked by Dan and or his communications team. This lessens the blow when they actually happen internally and also starts painting a picture to the market. (Dan just noted AI will result in 20-30% unemployment for companies

3) Teams notified to work from home a week prior to the layoffs.

4) During a payroll week, Mon/Tues for Senior Directors and Thursday for the rest. The expectation amongst many well connected is Thursday, May 7th. VPs and higher are probably Earnings week w NDA. Probably will be same 15 min script for those impacted starting around 9am. And then all hands for folks remaining around 11am.

What else trends are anticipated here?

For everyone stressing about losing your job, stop worrying and start planning.

When the Marcus massacre hit in August of 2022, I knew we were entering a new era. Right then I made peace with the fact that none of us were safe. I went into uber saving mode, paid off as much debt as possible, didn’t make any large purchases like cars or houses. I just saved!

Fast forward almost 4 years, I survived countless “reorgs” , staff reductions, etc. watched lots of friends and coworkers leave for no good reason. My luck ran out and I was RIFd a couple months ago. I’ve taken the time off and relaxed, it took a couple weeks for it to really sink in. But once I had purged the toxicity of that place and could see it for what it really was, I was happy.

I drive my kids to school every morning, work out every morning, drink coffee and read or listen to music. I spend an hour or so looking at job opportunities. And also thinking about going back to school because why not.

Don’t stress, just make peace that you’re going to get hit eventually. Save, Save, & save and be prepared.

Any idea how many and which teams are impacted? They reorgd our entire engineering teams and i heard massive layoffs are coming on 30th and again next month, with 4 rounds planned as contact center is generating dozens of millions of overhead losses each year and on top of the list for 2026 cost reduction. Our VP jumped ships leaving us in a deep mess, TBH he was an a--hole and a nasty red neck type snake with a foul mouth. All Sr directors and above have been asked to provide a list and their bonus will be determined by the cost savings and offshore ratio they can show. My wife is close to a Sr director even he doesn't know how many but provided a vague explanation while asking her to compile a list

Pls list any department or area with active RIF’S . Maybe we can see a pattern ?

May should be interesting with the big exodus. Who will be out?

Lot of management favorite employees were RIFed.
They got good severance packages.
Were rehired back as consultants @ $100 per hour rate.
Some middle management managers are playing this game.

After last day of employment after riff when should severance payment arrive?

A couple of people in my department were quietly RIF'd this month. Fortunately, they both found other internal roles before their last day. I feel like I'm next, but after 30 internal apps, I'm getting nowhere, just screeners that quietly die. Looking at Workday, roles similar to mine are at a lower PM and many roles require hub proximity. Is Humana intentionally shedding people by realigning salaries?

Based on my rough calculations (and acknowledging there are likely different data sources), Aria showed approximately 178K employees at the start of August. As of today, Oracle General slack channel count indicates just under 155K employees.

This suggests that roughly 22K employees have been impacted by RIFs so far in FY26 …that’s before accounting for EMEA and the Philippines.

Is my math off?

Is May 7th the next RIF?

I'm so ashamed I unknowingly participated in the lie.

F5 CEO Compensation History

2025: 23.04 Million

2024: 18.,04 Million

2023: 11 Million

2022: 12.8 Million

2021: 11.5 Million

When I first started working in tech many years ago, layoffs were something to be avoided at all costs due to worker impacts. Companies did everything possible to avoid them. I quickly learned the difference between layoffs and reduction in force. It seemed layoffs were temporary and you went back to the same job RIFs meant your job was gone mostly to changes in business versus offshoring. No leaders took joy or reward with either event. Of course, times are different now, but taking pride in how many consecutive quarters you can purge people is still wrong. I hope Charlie get karma for the manner in which he is conducting his CEO actions. God Bless Wells Fargro American workers.

Shortly before the FY2026 results will be announced on May 6th a global RA will hit all Northern European and north American teams. The scale of the RA will be unprecedented but is timed to address the disastrous financial results.

Fasten your seatbelts folks - this is the beginning of the end.

anyone else feel the dread and insanity of changes after those february RIFs? centerwell and conviva clinical staff are hanging on by a thread. these poor patients!! all to give md bonuses for checking on at risk people. your average needs people good luck ..they dont bring bonus money to the non clinical strategy team who literally dont know roles or any in clinic processes. watch the train fully wreck next week. resignations pouring in.

Has anyone else seen their pipeline of work come to an end before RIFs? My team doesn't have any new projects planned to start after Q2. I assume this means we are being set up for layoffs. Any thoughts or similar experience?

Has anyone had any sort of luck using the Talent Redeployment program / link as contained in the HR notice relating to Employee Separation ?

Does anybody actually believe Shobhit found another role outside of citi and decided to leave on his own? Dude has only been at Citi for 8 months and was supposed to revolutionize AI at the bank with those amazing IBM insights (as if IBM knows anything about AI).

Just informed on an East market call that engineers will now be graded based on the time it takes to get tasks completed in Canvas…. Most of the delays are out of our hands with the tool not working 1/2 the time or vendors not getting their related tasks completed…. The people making these decisions have NO concept of what it takes to keep a network running and just want to stare at dashboards… I’m assuming this will now be used against us for reviews and future RIFs

Hearing of some Atleos RIFs that occurred today. The ones that i know of were field service folks. Any one else got impacted today?

Any rumors of upcoming RIF or early retirement plans?

All I ask is why? why are people still completing this and participating in this pompous management scheme? They don’t care about employees so why are you still participating in their bull cr-p? All it does is placing a target on your back to be RIF’d next.

A few C14s in my team were RIFed as well as a C15. We were under Ross Callan. Offices impacted were Delaware, NY, Texas, and Florida.

Day after the earnings call. Classic.

When will this woman suffer the consequences of her actions?

Stock is tanking today. Normally, after a big RIF, the stock market reacts favorably.

She is TOXIC.

Gail or any of her flying monkeys that read this - STOP, just stop your greed and corruption is beyond even the great COVID scam.

Close to 50% reduction coming to Ravinia. Some will be forced to move to Bellevue or Overland Park. H1B’s first to go. Only critical teams will remain at Ravinia. All others will be let go by end of Q2. Get ready.

Any chatter about which teams will be impacted?

Which would you choose? I'm not sure how much truth there is to the rumor that severance goes away after Chapter 11.

Just got off the phone with my AD and I was told April 23rd there will be a 10% RIF across all departments within Verizon. They are going after highest paid workers now NOT based on your PAD or time served in the company. My AD wanted me to help develop a plan to put into play with the reduced staff starting May 24th.

Once upon a time an employee
In management hogged his or her seat for almost decades.
In times like these , where the stock price is not moving and hovering around at a standstill, why is management still hogging their seats with over 3 years
. There should be a constant annual churn if you are not producing just like our top
Employees were let go in RIF. There has to be a specific management level RIF as well
.

The network is being allowed to degrade while sociopath's are filling their pockets. US middle class is being gutted.... Way to go bootlicking middle and upper management!

I'm always worried about going back to work on Monday. Always wonder if this is the RIF week. I can't be the only person feeling this way.
Comments

EMEA commissions statements are typically ready on 6th-8th of the payment month. January looked like an outlier, being the 9th. However, as of 10th April, there is no statement for February.

So, what happened:

1. The comms team got RIF'd - unlikely
2. It's just a bit late - possibly
3. Something more sinister is going on in EMEA linked to the RIF - probably

Lack of respect for employees by Oracle - the gift that just keeps on giving.

Even with all the layoffs in the last 6-7 months, ORCL continues its downward ↓ trajectory.

Stock was trading at $296.62 on the day I was RIF'd. It closed today at $137.86. LMAO!

Just remember when Chapter 11 hits and severance goes away you were offered a VRIF when you are walking to your car after a IRIF hits you.

Random post, but to anyone wondering/concerned if you don't return your laptop in time or are like me and forgot (for good reason and not on purpose, long story and health issues), I still got my severance pay (shrug emoji). Just realized I still had it and thought I'd share

Same as subject.

General Electric spinoff GE Vernova spends $70M on Rostraver warehouse

The power generation equipment maker has yet to reveal its plans for the more than 700,000-square-foot facility
Jack Troy
By Jack Troy
2 min read • April 6, 2026 | 2 days ago
Slide

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An aerial view of Amcel Center Two in Rostraver, a more than 700,000-square-foot former distribution center recently purchased by GE Vernova. (Courtesy of Genfor Real Estate)
GE Vernova, formerly a part of General Electric, spent $70 million to buy a distribution center in Rostraver last month, adding to the Massachusetts-based power generation equipment manufacturer’s strong Pennsylvania presence.

Westmoreland County property records show GE Vernova subsidiary GE Renewables Grid LLC purchased the more than 700,000-square-foot property from Gordon One LLC.

GE Vernova, which is headquartered in Cambridge, Mass., was created when General Electric split into three companies in 2024.

GE Vernova did not immediately respond to questions about its plans for the property along Finley Road known as Amcel Center Two. The company leased about 150,000 square feet in the building prior to buying it.

Pushing out our restricted stocks to the end of year is a chess move.

If they don’t issue them, they don’t need to pay them out when the next riff happens.

Fu--ing a.

RIFs May 7th OR 14th