#rumor

MD let’s slip on a call Friday that there are layoffs coming mid July. What are you guys hearing?

Anyone hear a rumor about something coming in Auto Finance?

IBM and Deloitte have closed the deal on Juneteenth day to takeover VZ IT. It would be a Centralized IT org to deliver the business requirements using Claude Code; hence you would see that your Gitlab repo has 1000+ developer access now(Go and check it out). VZ will do one more wave of RIF to reach the number of agreed workforce for rebadging and retain a small % in the IT.

If you think you're safe, I've got oceanfront property in Arizona to sell you. Nobody except the top brass is safe.

I've been hearing a lot of talk about more layoffs coming next month. At first I dismissed it, but the rumors keep getting louder. Does anyone have any actual information? Are these just rumors or is something really happening?

Don't they usually close some stores around this time of the year? Any guesses which locations will be hit?

Should I be worried?

Please say it isn't true.

This week we find out our fate in Houston? Let us all know.

I’ve heard of coming layoffs and org changes taking effect at the end of Q2. Given that we are at the end, I’m wondering how true this is? My new manager hasn’t said or implied a thing.

OI, ORX, OH, OT will be impacted big time. I plan to retire before the holiday season so I have nothing to lose so I am letting people know so y'all can be prepared. Start applying now. It's tough out there.

I heard up to 30 out in this round. Anyone have the details? Those who could should have taken VSP when they had the chance.

Electronic Arts has begun informing staff of layoffs. Industry analyst Destin Legarie reported the initial round may be small. More job cuts are anticipated across multiple divisions. This follows EA's recent $55 billion acquisition by an investor consortium. The company aims for a leaner, more efficient structure.

https://gamingbolt.com/ea-has-started-informing-staff-of-layoffs-will-affect-multiple-divisions-rumor

MaryAnne Morin out? DH announced new CMO effective 7/14……..whose next?

Why have these not been reported? The number of layoffs in 2026 alone are staggering but when done a handful at a time it just seems shady.

Rumor has it that Refining and Commercial ELT members are on their way out.

Lots of meetings taking place in commercial following the Q1 hole we dug for ourselves. Looks like Mandell will be the one to pay for it, with a “retirement.”

Once MFN was forced out it’s been downhill. Personally I think we will get purchased by someone at the end of the year after the “Big Bill” goes in effect.

Pepsi to buy Pizza Hut? Is this true or rumours.

Lots going on without answers
How long left

Having 2 months to dread on this is horrible. Has anyone heard any numbers on how many people they need to remove? Departments getting hit? Anything?
If you're taking the VSP, what company are you trying for?

hearing a rumor that norfolk and mas could see cuts late june or july. any truth to this or just noise?

Just fyi... there were well over 300 comments about prayers for those impacted by the dow layoffs in Midland Michigan on ask midlands FB thread. Looks like the admin mediator was forced to remove all of it. There were several comments suggesting layoff numbers will reach 800-1000 locally within Midland.

Happening this week. Any info on how’s many

Inquiring minds want to know

Anyone heard the investment community is predicting at least 50% RIF in order to restore profitability and stock price…

As much fear and angst that have been posted on tbis board for the past few weeks about the 17th being doomsday and the small number of posts today, this sure seems like a nothingburger with a small number of people impacted.

Bungie reportedly faces significant layoffs this summer. Around 50% of its 800 employees, or 400 staff, are at risk. Sony reported a $765 million impairment loss due to Bungie's underperformance. Destiny 2 support ended, and Marathon's recent efforts failed to improve its standing. Rumors of impending layoffs at the studio circulated last month.

https://www.psu.com/news/bungie-reportedly-set-to-lose-around-400-staff-members-as-a-result-of-summer-layoffs/

Seems at least one person got the axe on March 31

Has anyone heard whether Meridian (a subsidiary of Centene) will be affected by VSP or future layoffs? I'm relatively new and I heard a rumor here in Michigan that we are canned!

Anyone hear anything from there?

My SVP has said next week on Tuesday is expected to be the largest rif action

Can anybody confirm this?

So the end of Q2 is upon us. Has anyone heard rumblings? It’s happened the last 2 years so I’m just curious.

All these posts are full of trash talk. We have all been here before and expressed all of our opinions. I just want to know the rumors/facts people have came across. Do you know what teams are being hit by layoffs?

Any truth to that?

Know of at least 1 person impacted, their manager confirmed it was part of the new quarterly cadence.