#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!

Can someone please sum it up?

I read so many posts here and still have some questions…

  1. Those that were riffed were given until June 30th to work and then get severance package.
  2. Those that were rebadged have 12 months contract?
  3. Does the pay remain the same?
  4. Do you keep the same insurance?
  5. Do you keep vacation/sick time?
  6. If you decline to be rebadged, FIS will take that as voluntary resignation so no severance package…when do they consider the last day?

Volunteer for next RIF?

I am likely planning on resigning from my position sometime soon (partially because it’s become a nightmare and also due to a family issue). Is there any harm in volunteering for the next RIF? I see many dates on here (April, May, June, etc.) I don’t know if volunteering for the next RIF will make my already tense situation at work even worse. If I am going to quit, I would hate to do it too soon and miss out on a severance package. Thoughts?


Most warn notices still have projected dates lasting till June 2026

There are enough warn notices that are circulating (state wise) that show execution dates ending till june 2026, so this is not yet over and hence no official communication of all things done - even VP+ who are trying to calm the waters are doing just that - calm the waters, but the sharks are still circling and the reports of 30K with only 12K executed with respect to RIF shows that a larger cut is coming. You bosses have lied to you before many times and are still lying!! If you are not out yet, you are still at risk - 18K is 10% of the current workforce and that is a large risk especially for people over 45, people at IC level with higher pay, people in SaaS/OCI, Sales are almost always risky, but app support is bad now.


New RIF day at FIS sounds like...

the opening number to a musical. The Pajama Game (Google it, youngsters) was a musical about employees attempting to negotiate a better contract through their union. The Pajama Game was a musical comedy. This is a musical tragedy. Billie Eilish could do it. This is the theater of the absurd.


Great Press Exposure

Lots more news articles and post views generated about this RIF than the total AI tour. Great marketeering.
Add 10k more evangelists to promote the company at their new employers and it’s a total success.
When do companies fail? Too much debt? Negative cash flow? Or when the customers don’t believe they will be here next year?


NA Deal Desk/DM/Contract Specialists/Whatever the name is now...

Who has been RIF'd this round or over the last several months? I'll go first. I was in October...anyone else? Any whispers about what's next? First they combined DS/DM roles...then they added extra layers of Sales Help and Deal Desk...so they combined essentially four roles into one, no extra pay, less headcount, and now they are just shoving it all to AI?


Gympass Wellhub Active and Charged

If you are in the US and you get RIFed, if you added wellhub then your gympass is still active and you will be charged monthly unless you cancel. One of the great things about Oracle is that you will get no further contact from anyone at Oracle about anything (unless you have peoples numbers). I don't even think your manager is allowed to talk to you. You are cut off pretty instantly, and it is a shock.

I suggest a regular gym routine or some kind of physical activity to help you keep your sanity.


NetSuite layoffs Canada

My manager had 8 people and 4 of them had RIF.

Process: zoom invite, manager was sad but had to read out 5 lines provided by oracle restructuring. Manager personally apologized and we made a plan to meet outside for coffee. All access got deactivated in 5 mins.

2 weeks Severance Pay for every year you work.

Today is it happening in Canada.


Oracle Layoffs - My Experience

I want to share my experience of the layoff process at Oracle. I was RIF'd in September 2025. I worked for Oracle for 17 years: 7 years in the UK and then transferred to the US for personal reasons (my wife is American and we wanted to be closer to family). Oracle made that move so much simpler and for all the bad things I will forever be grateful to Oracle. During my time in the US I was relatively high achieving within my team and had carved out a unique and critical DevOps role within my team. It wasn't rocket science, but it was unique and critical and I thought it gave me some protection against a RIF. On the Tuesday before I was RIF'd (Wednesday) I attended a meeting with my VP, Senior Director, Director (I was IC4) and we were planning for some business critical work that coming weekend. This is relevant as no one in those positions had any idea it was coming or we would not have been wasting our time on that planning meeting! The following morning we had another meeting (Oracle and their meetings...) and the VP didn't show up... the senior director didn't show up... the director and the ICs all showed up. I then got wind of something being up around 30 mins after the meeting as people were starting to disappear on Slack. I messaged my Director and he was talking to me on the phone and then he excused himself and had to drop for an urgent meeting that had just shown up in his calendar. He messaged me 10 minutes later to say that he had been RIF'd and his access was going to go away and gave me his personal email and said he was there to help however things worked out (great guy). Then around 30 mins later I received an email from my EVP. It was a boilerplate job and basically said "Today is your last day with Oracle, so long and thanks for all the fish". My Slack etc carried on working and in fact all my access continued working, that struck me as super d-mb.... I didn't do anything with that access but others might not have been so responsible! Around 2 hours later I was locked out of everything and was left numb walking off into the sunset. I received my severance on schedule and that was that. It all just felt very sloppy and isn't the way I would have handled it. An email after 17 years just felt a lot like a "F U". My entire org was laid off (bar a couple a of guys to keep the lights on - who wants to be that guy!!) so it was obviously not personal but it just felt so sloppy.


Oracle’s policy on laying off when on paternity leave

I am currently on paternity to end in two weeks and am planning to save some of it for later use when needed. However with the latest news of RIFs on the 31st, need help to decide if I should extend and use all of it or does it bheven matter if I am on the list. Any genuine advice is appreciated!!


<100k

Prediction is Citi is going to be at <100k employees within 5 years or so. The market will simply demand it. You are delusional if you are in the middle/early part of your career thinking long term at Citi. People in the revenue generating side of things in the business will have a much longer off ramp. However, if you are in operations/ technology/ risk and controls etc then you are being very complacent not actively having a back up plan. These MDs you bootkiss are basically being mandated that they reduce their teams on an ongoing and continuous basis. Jane and her cohort of fu-kwits clearly have highly ambitious plans for RIF


Impending RIF —> Q4 Doldrums

This may sound insensitive, but hear me out...

With so many folks worried if they will have a job once the RIF kicks in high gear, are sellers finding it increasingly difficult to get Q4 deals closed? Supporting teams are just not as focused. Clients see the intransigence. I even had a contact ask wtf is up at big O.


At least President's Club is still on

Reading the flurry of posts here is tough for me as I'm sure it is for many others with survivor's guilt. Can't help but want to leave ASAP from this sinking ship. FWIW, here's what I learnt about the situation today (some of it repetitive of what's already been shared).

This is a pilot initiative affecting CIO, Dev and PS.

Affected capital markets solution groups for pilot = IAM (InvestTran, InvestOne) and Data (DIM, PIM, CAM).

Cap markets pilot is just for these solution groups in 2026, with full rollout planned in 2027 across others. Obviously these timelines are subject to change.

LoB (line of business) was kept in the dark until this week.

Effective immediately: people being RIF'd (backfilled in Zensar) and rebadged (moved under Zensar). RIF announcements were made today.

RIF vs rebadge is based on employee grade and where Zensar has offices to take on ex-FIS staff.

But hey, glad that didn't stop the company taking its top brass and the 2025 leading sales performers (and their +1s) to a fancy resort in Switzerland via business class for a week.

For shame, FIS leaders. It's not that we don't understand shareholder primacy, it's just that this all feels like it was so avoidable.


Bankruptcy

The high number of RIFs and poorly run ‘transfer to contractor’ (a clear RIF later but without severance) are both obvious signs of a company about to collapse.
I blame the board and I blame senior management for letting it get this bad.
The share price will continue to fall because the company itself is failing. This last ditch effort only hastens the final failure and inevitable sale.
And I for one shall not mourn the demise.
I can only hope that it makes the architects as bankrupt monetarily as they are morally.


It's exhausting! RIFs are soon to come in technology!

It's simply hilarious. Goals due, but no direction from leadership. Some orgs haven' been shared yet. No idea what to expect when L3 in technology is and what it means when it is shared in the next week and what that means for everyone under the ones chosen. Picking 1/2 GP and 1/2 WP doesn't mean the right people will be chosen. It is a wait and see over and over and over and over again. It's exhausting.