#rumor

Based on prior layoff rounds, it seems it often occurs on Wednesdays.

With Citi scheduled to report Q2 earnings on July 14, my assumption is that any July layoffs would likely take place on July 15 (or July 8).

Similar to how the June 10 layoffs were being discussed here roughly a month before they happened, has anyone heard any rumors regarding potential July dates?

I’m hearing rumors again… Anyone with real knowledge know if VCG reps will be impacted or just upper management?

The week it's going down apparently. Directors+ targeted again and several other Tech Dev roles will be eliminated completely. Plus an additioanl saving's target that will reduce the remaining head count.

Its official directors were in planning sessions last week. June or mid July member protection will have the largest lay off yet. Good luck to everyone because the job market is not good.

Anyone heard anything? Wondering if we should polish up our resumes.

All the hype about heads rolling today in Boston and Everett - any cuts or was it all talk?

The next set of layoffs are scheduled, July 15th, Sept16th, Nov 18th and Jan. 20th. AI is suppposedly going to replace all of the those roles. The rumor is a 25% headcount reduction globally.

I've heard the rest of the year will be bad when it comes to layoffs. We won't see a slowdown but the opposite. Can someone tell me I'm wrong? Please?

Heard a big announcement was coming next week ? Anyheads up ?

Any planned re-orgs or new gossip? I heard mixed feedback. Lots of concerned employees but also many people are positive and excited. I did hear more concerns on the apps and DB side.

I hear from others in the office that some big announcement is coming in July. Maybe related to Cold Lake?

Rumors has it that is is happening very soon... I would put it be end of the year (perhaps sooner). The question is, who would be the buyer?

Hearing too many flash calls buzzing since this morning across multiple wealth, PI and brokerage teams.

One team confirmed next round of cuts to apply immediately starting next quarter.

Can anyone else confirm?

I see a ton of new positions being posted.

Is this for real?

They keep telling me we are not hiring.

Former employee here. Just tried applying for a position that I’m overly qualified for and didn’t even get a call back. I’ve heard rumors of former employees being blacklisted, but does anyone have any proof?

Is it being reset? Or gutted?
Nothing makes sense

Stop the fear mongering on this site. We were assured that “ CDAO, CTO, and P&C Tech” would have massive layoffs: nothing. We were promised, bullied if even questioned the source of Fraud and AML having massive layoffs in April/May. Well April and May have passed.

The people who used to actually be in the know and leaked to this site have clearly been laid off. Since about last year zero predictions have been accurate.

Stop posting your theories. It only ki-ls the credibility of good sources. If you need to vent go to therapy.

Is any of it true?

I am hearing rumors of another round in DGE later this summer... If that is what is going to happen, I assume those layoffs will happen by the end of July. that way there is 60 days of WARN notice before the end of the fiscal year.... good luck everybody.

think there are three plants in the UK , hearing very strong rumours they are to close by end of 2027, Skelmersdale and Ayecliffe, also Bangor Ireland which is struggling

massive layoffs this Thursday.

Has this been confirmed?

Looks like it is all hiring now with no WFR planned - I might be wrong or missing pockets of layoffs happening silently.

Our favorite minister of people and culture is still proving herself adept at survival and sorcery. Taking out and clearly eviscerating a Chairman of the Board with allegations of misconduct is pure corporate Hunger Games! Is KD’s on borrowed time? Or at this juncture a useful pawn?

Hearing strong chatter about WB buying naps in west haven.

More cuts?

There are leadership meetings here in Jax this week. Yes, the June RIF looks real, but likely around and between 17 and 24 June. I have not heard anything about the teams that may be affected, though.

Any news on this? Have any of these dates been confirmed?

Is it true that there will be individual layoffs in June?

Hearing rumors going on about this.. can anyone here 'in the know' confirm?

This is what is being repeated in the tower. How accurate is that?

Read a scary post. Massive layoffs prepared for end of Q3. Polish your resumes.

Hearing folks are off payroll 7/1. Right or wrong?

She’s doing such an incredible job in china that rumor has it she is already being promoted to CEO and will oust EH out of the role!
Good riddance eh welcome CS!