#rif

Posts mentioning hashtag #rif

Below are all the posts — topics as well as replies — that mention the hashtag #rif.

Mention #rif in your post to continue the discussion!

Any BA reports / rumours?

I keep seeing post about RIF's / layoffs / etc, but wondering if those have more to do with local field maintenance technicians and not Building Automation staff.

I haven't heard of anyone in the few hundred people I deal with on a monthly basis getting let go. I'm not based out of any major hub.


RIF 950

While we don't know exact count, rumour and water cooler chats are a buzz about ~1k cuts at each location / BU.

Majority of these are are level 6,7,8, squad leads, scrum masters and few 4,5 to make it seem random "business strategy alignment"

Sick joke, FU Bob 🖕🏻


Non-bankruptcy options ahead?

I am not saying CH11 is or is not imminent. But more actions are ahead. Some potentials:

  1. More RIFs and firings
  2. Changes to the severance policy to reduce total payment obligations
  3. Avoiding pension fund contributions, forcing 0% lump sum option
  4. Sale of the company
  5. High risk schemes like selling our IP, reducing Microsoft license levels, buying auditors

Next round coming up

I have a very trusted connection to a manager who is connected to a SVP in North TX and there is another RIF coming up mid-late Nov. Each time they have told me it’s been true so I’m guessing this next one is as well. I don’t have specifics but it’s a good number of people. If you have any PTO beyond 40 hours use it up cuz they won’t pay you for it. If you get past this one plan on applying for a new job. I don’t know how they can keep cutting so many and still function. I wonder if the C-suite gets wind of sites like this and reads the impact and disgust people have for them. People just want to work and make a difference and get a paycheck to live. Not get all involved in drama but here we are loving our teams but hating corp. it’s sad.


A103 /OC03  /PRRYGAXABBA/PRRYGAXABB1

So Uniti lay off levels reaching a size to push Windstream employees to switch the online community group to a new URL subdomain is happening, time 2 upgrade the crew to a bigger, better telecom layoff group. Why complain to ex-co-workers with Uniti, when there are ample AT&T RIF'd doinks to gripe at. And Verison, and Frunteer, and Tmobile, and

Sincerely,

Another Ex-Circuit Jockey


Fiserv to be acquired?

Lots of buzz on this or they might end up selling one of the two - Merchant vs Financial - lucrative stock price!!! save the ship from sinking while Franky and his gangsters sip some luxurious wine, watching sunset from his beachfront villa , laugh it out on hard working associates who are about to be RIFd big time !!! What a shame s**ky Franky


In Office Policy & RIF non-directional locations

Is it true the that Verizon wants to RIF most employees in non-directional locations in late 2026 and 2027 as part of the broader strategy to go lean?

Now that we have three main directional locations, Dan wants to accelerate the plan to shutdown real estate in non-directional locations (cost reduction), make 5 days in office and then start removing the employees in non directional locations. Of course some key ones would be asked to relocate.

This is probably not the case for the RIF this month but coming in 2026!


First RIF then VSP

Yes, it's true that RIF is due later this month. However, I heard that since Dan wants to make the org extremely lean, they are also planning for a VSP in 2Q'2026. Anyone heard about that?

Wouldn't that be interesting? Trim the fat once and then trim the folks sitting on the edge again?

Let's say you didn't get RIFed, would you take the next VSP?


VZ management is over staffed

It is crazy hearing about RIFs when we have so many executives and most people have no idea what they even do. CEO has a meeting, then the SVP has a meeting, then the VP, then the Sr director, etc. All just say the same things and ask what did you think about what the ceo said. If they want to cut costs start with upper and middle management.


Recent Layoffs

On Thursday, 10/30 a large number of IT employees have been affected by RIFs effective 12/31. There is no public acknowledgement of these activities. This was somewhat expected due to the ongoing expansion of Amgen India in Hyderabad, a decision made roughly a year ago for obvious financial reasons.
Impacted employees are offered severance packages that should help in the interim.


Doesn’t UHG typically follow Optum with layoffs?

It seems that, in the past, either UHC or Optum has a big RIF and then the other company follows 2 weeks later. The Optum RIF yesterday was pretty significant so wondering why I’m not hearing anything about UHC (thankfully). But I’m still thinking that this is the trend and wondering what comes (if anything) in 2 weeks. Seems all is quiet. Too quiet…