#rif

Any ideas?

Close contact in HR told me more RIFS definitely coming and oh, this will be an annual thing. Good luck to who remains.

In all the 20 years Ive worked here ne we felt so unstable or unappreciated. Dumpster fire !

By 'final paycheck', I mean the check that comes a few weeks after your termination date and includes reimbursement for accrued unused vacation time (or, in the case of over 65s, all unused vacation days til the end of the year). Were any medical or 401k deductions taken out of the vacation pay?

More rounds of RIFs are coming at FIS, because that’s leadership’s answer to everything. Don’t fix anything at the top, just keep eliminating positions while our stock tanks and employees live in constant fear of losing their jobs. When are the CEO, CFO and other senior leaders going to be held accountable for the absolutely abysmal state of the business?

RIFS, PAY CUTS, YOU KNOW THE DRILL .....

https://www.abc15.com/news/business/honeywell-to-lay-off-60-valley-workers-ahead-of-aerospace-company-spinoff

Chandler site is rather small more like leased office space. Not sure exactly what went on there but I believe they belonged to corporate and not Aero.

We are always told that we are the safest, but any chance Case would be impacted with RIFs/Layoff?

I’ve been hearing rumors about a mid July RIF coming, but want to know if anyone has heard the same?

Haven't been here for awhile and looking at the postings I am shocked that people are putting up with this mess.

Managers/Directors openly disrespecting staff, threatening them in front of witnesses, making up jobs/roles but not compensating them appropriately, scolding them for not asking about pronouns to members who likely are clueless or will loose their mind at the question, insane micromanagement. and people are just putting up with it.

My Goodness!!! Use your power and the power of the policies posted in Workday for this and start calling it out. Being afraid of being Rifed is turning people into doormats. Stand up for yourself!!!

Follow the layoffs from May 28th, what are the next areas of Optum that will be impacted on the June 25th RIF?

Canon global is artificially propping up the stock value with huge buybacks at the end of May and throughout June. They did the exact same in the 2 months right before the RIF bloodbath in early July 2024.

If CUSA leadership is planning another wave of consolidations—particularly targeting specialized or manual internal roles to make way for the automated, U.S.-based remanufacturing model, the post-July 4th window (specifically between July 6 and July 20, 2026) is the exact historical and operational sweet spot.

If you're trying to gauge the temperature in your department over the next few weeks, watch for mid-June invites to "organizational alignment" meetings, sudden, quiet audits of your division’s specific workflow volumes, or any mentions from direct managers of "proof of life" for your department to rationalize its value.

Question in title. Alleged rumors that everything is supposed to be kept quiet for awhile

The new CEO needs a good run with rifs, net adds, and FWA. When starlink kicks in, all wireless carriers will lose MARKET share.

Well so much for the change in posture with new "leadershits" as folks are still randomly getting tagged and Rif'd. No news, no word, just the same old quiet layoffs to help bolster someone's 10 Mil stock target as a reality and not a bad dream. Exit while you can.

Bell Textron Inc. announced layoffs at its Amarillo facility. Approximately 30 employees were affected by this reduction in force. Company officials stated these actions align the business with market realities. They described the staffing decisions as difficult. These steps are necessary for the company's long-term success.

Amarillo, Texas

https://www.myhighplains.com/news/local-news/amarillos-bell-textron-inc-facility-reports-layoffs/amp/

A few members of our team left abruptly who were close to the senior leaders on our team. We were told their positions will not be backfilled.... Feels like a RIF is coming soon.

If so what dept ?

PFNA has been running an extended behind the scenes reduction in force for several months now. They call it North Star. They are using 2019 headcount numbers as their target for work force reductions. It has resulted in thousands of position reductions. This year they have severance packages if needed to get to targets. There are interim milestone targets they are working against. But the "ZBB" group is going around the country totaling up reduction targets for all sites that will be then be enforced. This is hourly and salaried. Targets for salaried focused on a salaried/hourly ratio of 13:1 or higher; cross checked with the 2019 headcount. It's a top- down, arbitrary number. SOOOO much has changed since 2019. To try and hit that number is ignorant and will result in substantial performance outages. You may as well have targeted 1971! the logic is just as valid. Classic Pepsico compression productivity. you don't need real strategic business plans, just place arbitrary, impossible targets on your field and gut your capability. Indra perfected this predatory leadership. Her protégés don't know how to do anything else. Pepsico has always believed in cooking the golden goose. How Ramon, Steven and others made deliberate business decisions that cost thousands their jobs yet they continue in position is a damning indictment of the board. Where's the accountability? I guess it's the fault of the frontline? Couldn't be the C-suite's responsible? nah, right?

I know OI and OT / ETIPS did...

How concerned would you be about RIF of your role, if your team received a request from your AVP for individual mid-year accomplishments to be sent to them in a doc, 2-3 weeks before the official Mid-Year Accomplishments submission portal is open?
To me, it signals more of a 'why should we keep you' than an official performance appraisal, but maybe I'm paranoid.

Not sure if the rumor is true but heard ORx is whacking in OFS tomorrow

In a response to a question during the investor call concerning the large number of job listings in the face of RIF's, the CFO says that the current efforts concerning identifying "synergies" should be done as soon as possible by the end of FY26. The remainder should be complete in FY27.

The very best of luck. I say luck because there isn't a science to our RIFs. By all accounts there'll be a lot of people hurt tomorrow. Stay strong you WILL emerge better.
For those wishing for it, I hope you get RIF'd and collect that severance.

They were able to secure internal transfer but got RIF notice initially.

GL28 senior engineer and a senior director

Was there small RIF today , heard that few folks were let go

Thank you to everyone who updated their contact information for the RIF packages going out this week. Please complete your knowledge transfer to India before your last day. We value you as a resource.

See you Thursday!

Make sure you spend the entire amount you set up for your FSA account in 2026 before your end date. Oracle legally can't do a thing about it.

https://legalclarity.org/irs-fsa-rules-for-terminated-employees/

While it took me a while to accept it, now I know there's no future here. It makes me sad since I've been here for over a decade and I've had some good times working here, but it is what it is.

Many people post on here about where is all the work going to go with layoffs? None of this has been addressed since VSP 1.0.. We were wasting so much money of useless “projects”, meetings, reviews, slide decks, paralysis by analysis, that the thousands and thousands of people RIF’d have made no significant impact to progress. VZ is changing and those useless projects will all cease once the gutting is done. It’s unnecessary work and those doing to work will not be replaced. The end of VZ as we knew it is happening in front of us, daily. Su-ks, but that’s reality when you are up to your eyeballs in debt and only answer to analysts and shareholders.

I heard from several people Friday that the new division is doing a 30% reduction in force very soon

Anyone out there RIF'd in November, but also happened to be retirement eligible? How was that handled?

I know and saw the projection.

The 25% reduction in headcount from the BD acquisition is coming. Wednesday is going to be brutal. Expect across all functions, all segments, but especially ADx. R&D likely to be hit especially hard. Lawyer/HR was onsite in Sparks for a reason - upper leadership has been discussing the reorg all this past week at the Sparks location. Anyone with direct subordinates being let go were informed this past week as well. Waters is not BD - they are breezing through letting people go for cause as well as layoffs. If your leadership team does not like you, expect to be let go sooner rather than later. Happy holiday weekend, everyone!

Rumor has it that leadership and HR are pushing for people to have the Career Story section filled out in MyGPS.
Given very recent RIFs and restructured, this feels very unsettling. Anyone here experiencing this and/or have an insight to why this is?

Lot of fake news on1K. Some say 4K.

What is actual number? and why it was not disclosed?

Meta management was so professional in reducing workforce.

Direct RIFs. No Cognizant kind of gimmicks.

Immediate termination. No KT required.

FIS management is playing games with employees.. some given severance, some transferred to Cognizant to be eventually riffed.

I was one of the unlucky/lucky ones that got laid off in March with a Termination date of June 30th. Does anyone have any idea how many employees were laid off in that last round of RIFs in March?

Besides people in positions considered management are very clueless.I mean this is contractor type ,engineering type,Actual managers.First all you need to see on here is employees who barely go to office or interact with anyone asking if there’s gonna be a strike still.Then you go in asking actually direct managers at all levels questions but they cannot answer anything.Then there is the group that won’t answer or make any decisions at all because they are either clueless or scared.My God company is such a disaster.Bad cell coverage losing customers left and right in all lines of business.I am glad I am at the end of it all ,I am also glad that I was never management as bad as the Union contracts may get over the years at least I can say as associates we have a clue starting to think the people in field are only ones floating the company anymore.Just rif all nonunion employees at this point let AI be my managers