Just like Umbro, Cole Haan, and Hurley. Converse will be sold.
Posts mentioning hashtag #rumor
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Layoffs or cuts?
I just joined at a Randstad/Cella consultant just a week ago and was told yesterday that they will be cutting some of their staff. Is there any truth to this? I wasn't sure if this is normal or not but I just got here.
When is next round ?
When is next round planned and how big will it be
Building Closures
When will building closure announcements be made? Or was that just a rumor?
ANY NEWS ABOUT FCRM
YET?
There is a HR typish meetings happening in HC (Tech side) to align with new org structure
On-site meeting to align with the new re-org. Maybe an April list.
Is XBS Going away tomorrow?
Was just told enterprise and XBS will be one sales team starting tomorrow and Dealers will be getting a bunch of XRX Mif. Anyone hear about this?
No Q1 town hall/earnings release on calendar yet?
Not seeing any q1 earnings/town hall on calendars. Quick google search says 4/16 for the announcement. Any cuts/moves happening between now and then? Would think that they wait until after a reorient send it out in this case
latest on Edmonton move?
I've heard a lot of rumors about how it's not going well so far. Does anyone have any insight on what the latest is?
Will it finally be over tomorrow?
Is there even a slim chance of that?
Tulsa
Do we know anything about Tulsa and whether it’s being chopped? Huge cavernous and dated building with a couple hundred people huddling on 2/4 floors in 1/5 wings. I guess we own the big tu-d but been trying to get rid of it for years. Odd that it don’t come up in these conversations about what offices are closing because it seems like the first one I’d get rid of
April layoffs?
There have been some rumors since the big round in January about April being a target for a second round of layoffs. Anyone have more details to share on if another round will emerge and areas impacted?
Paycheck
I'm hearing a nasty rumor that our paychecks may not come on April 15th as a result of issues in the system migrations. They're throwing any available resources at it but much like the W2 issues this is quickly becoming a trend. This must be what winning looks like
Word on the street: More layoffs
Something about HeADWinDs
Is there any news about layoffs ?
I understand that this board provides a channel to vent and criticize senior management and their methods.
At the same time, this is to provide any information / rumors (that has legs) about impending layoffs. Of late, I do not see any news here?
Are we entering a period of no layoffs as this is a message that is widely spread in one particular platform consisting mostly of employees from a major subsidy
165,527
I've been watching the number closely, and it had been going up, but as of Saturday 3/28, 6:40 AM - down to 165,527. Around 1600 people less than the last time I looked.
Buckle up - maybe Tuesday the 31st is really the day.
RTO and IP tracking
Here’s what’s going on:
If you are hybrid, you need to be showing up in office for full days (6+ hours) 3+ days a week.
This is now in Workday as a goal.
3+ days, nothing new.
Why 6+, because that’s classified as a full day. This is due to people scanning then leaving. This is also due to people who should be in a hub but when their leader sits elsewhere, the employees end up working elsewhere. Like, while taking an undisclosed vacation somewhere.
I have personally witnessed the coffee badgers in office. Show up about noon, gone about 2:30.
That’s why they are implementing the full accountability. So yes, it’s true. Can we stop with all the rumor posts now?
April and RTO firings
You heard it here first bi--hes
Business as usual on the 31st?
Still getting new meetings scheduled like everything is normal. Maybe layoffs aren't happening? Why are we so sure it's the 31st?
Offices closing
Is there any verified information about specific offices closing, or is it all just rumor?
Optum Real/ APIs
On the UHC layoff thread someone recently shared that Optum Real is being phased out and that the work is being moved back to Super Connector?Does anyone have additional information? When is this going to be announced?
I TOLD YALL
WC/PCAB is on the chopping block
now RYAs
Might as well turn into Circuit City at this point
Check the Q&A if you want proof
Heard IT planned April layoffs are pushed to first week of May!
Heard IT planned April layoffs are pushed to first week of May?
Sale to Citigroup Immanent
The articles that just came out about the rumors of Citi seeking to acquire a regional bank speculate about PNC and Truist but it will be USB. The McKinsey mafia will ensure Kedia has a role at the combined organization.
Layoffs in Sacramento site?
I heard at least one division has decided to pull out of the Sacramento site and layoffs might be on the horizon. anyone else has info?
Got paid from Imperial Oil KEARL four days early
Any ideas as to why a company would choose to loose four days worth of interest on money paid for wages four days early? I don’t see any sort of holiday either here nor in Buenos Aires… selling? Shutting down?
RIF in Tech Org
An all hands invitation was sent out this morning for April 1
GP and WP leaders on it and I hope that they have some information to share instead of an hour of word salad slop.
Buildings closing- updates?
I heard yesterday afternoon that among the closures was Ashburn and Cary. Has anyone else heard that ? It's hard to believe
No Phase 2 voluntary severance coming?
Given today's email, does this mean there's no voluntary severance package coming soon for Phase 2 people? I had heard rumors about mid-April, but I guess that's no longer relevant after today.
NO MORE REMOTE WORK
Anyone else under Prigg hearing rumor's about going back into the office? I honestly dont care, however majority of my team is freaking out. ( as some have moved states away ) Heard managers have to, and then techs in the NOC 2/3 days a week
Remote Return to Office Rumors
Have been hearing a consistent rumor this week and wanted to see what others have heard.
Allegedly the week of 4/12 there will be a notice sent to remote workers saying you have 30 days to decide whether you will relocate to Minneapolis. If you decide yes, you need to be back by July 1st, if you decide no, you lose your job.
Apparently this will impact merch (buyers) and planning? Potentially IM as well (which I doubt), but essentially members of the core roundtable.
Is this just a rumor or should I actually start preparing??? What are others hearing?
Big Monday meeting?
Apparently psg 26+ are having a meeting Monday. Anyone know what’s up?
Minimum $700m / 12,000 to go in Q4
#general will be below 155,000 by 31st May
There was $700m left in the restructuring fund at the end of Q3 and it wasn't enough, so they added $500m more.
All you can be sure is it will happen in the next 9 weeks.
I'm coming on like a hurricane
My lightning's flashing across the sky
You're only young, but you're gonna die
I won't take no prisoners, won't spare no lives
Nobody's putting up a fight
I've got my bell, I'm gonna take you to he-l
I'm gonna get ya, said I'll get ya
He-l's bells........
What is the expected scale of layoffs at GT?
We have 9k staff at GT right now. Will the cuts be 500, 1,000, or 2,000?
AOP - Frito & Beverages together?
Rumors flying!
NO rif today as people predicted HA HA HA
It always amazes me how people believe in the doom! The doom scrolling!
"March 26 CONFIRMED" Yeah right!
RSUs???
Are they going away or just delayed?