#rumor

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!

Rumors are there will be new list coming for layoff every month after June. Main cuts will be in Communication, PMO, Product, Retail, Digital, Engineering, Data, Network, Infra, Observability, Martech and Security.

What roles / departments are being targeted in the uk. Lots of muttering but no real facts. Any information is appreciated.

Former employee here. Been away for a while and haven't kept up on the latest with Wells.

Out of sheer (and I mean sheer desperation) I'm considering applying for an open role.

What is the RTO requirement these days? When I got laid off it was 3 days in office, with rumors of going to 4 or 5 days, combined with reporting to show if anyone isn't spending 8 hours everyday in the office.

But where did things actually wind up?

I don’t know for sure but the rumor is getting louder and louder from directors and managers about an across the board Eisp offered to the field in the northeast supposedly unlimited to all groups anyone who wants it.The rumor been from regular to enhanced Eisp unsure but seems like something is gonna happen to offer by end of June .Anyone hear anything .Last it was they would like to lose 2000 field .

Hearing rumors that another opportunity to AEOI with an actual severance package (2 weeks for every year of service) might be available in 1Q 2027. Anyone hearing the same? Can anyone confirm?

You heard if first, ask your leaders, everyone should be having some type of call month “towards end of the day”, check your google calender its there! This company is truly a sinking ship since starlink and the other one taking over! Verizon cannot compete anymore basically telecom is dead unless they figure out a way to get something orbiting in space fast! Everyone under pressure at work, SR managers running around WILD with no direction, work is no longer coming in, major budget cuts, everything is being handled mirco, Basking Ridge in CHAOS, tmobile exec came over as a last ditch attempt to save the company with “AI” but yet again tmobile about to outsource to india, spring rifts, summer rifts, fall rifts, holiday rifts get use to it!!..TAKE THOSE AI trainings FYI, it will be on your midyear and end of year you dont complete them trust me you will be GONE!!!

anyone heard this? there is a news going around that UHG offloaded Divvy.

I have been told by my manager that we'll have another round and it will be quick. Notifications will be sent out first half of July.

I have not been here at Intel for long. Are new hires usually targeted in such CPMs?

Anywhere?

Any rumors? Hearing Compliance will be impacted.

I've heard through the grapevine that there are upcoming changes to severance and it's not good. Nobody I've talked to has any more details than that. Has anyone heard anything?

Something had to be leaked. Huge drop.

Been hearing news about lots of layoffs. Anyone know anything?