#rumor

It probably means more layoffs today.

Didn't Srini say last week this was done for a while?...

Will there be any more RIFs in Value?

Heard through the rumor mill they WILL be re-evaluating exceptions and it may be harder to get one.

100% layoff scheduled for 6/1. So when it doesn’t happen, I’m going to post it’s because the rumor was leaked.

ol boy stank will be in San Ramon, probably scouting it out to see if it can be closed down.

Strong rumors regarding a major security acquisition.

Oh how messed up we are getting, lol?

it’s starting to feel like we’re just giving up and letting the whole thing fall apart. we finally got rid of makoto uchida after months of rumors, and he officially stepped down march 31. on paper that sounds like a reset, but honestly it feels more like panic mode.

now ivan espinosa is taking over. he’s been here a long time, so it’s not like some outside savior is coming in. it feels more like reshuffling the same deck while the ship is already taking on water.

we all know the situation is rough. debt is piling up, sales keep sliding, and trust in the brand is not what it used to be. insiders were already saying late last year that nissan had only 12 to 14 months to turn things around. that clock is still ticking.

what really gets me is the honda deal. from what i’ve heard, honda wasn’t the main problem. we were too stubborn about not becoming a subsidiary, so we may have walked away from the closest thing we had to a lifeline.

and here’s the part that makes it worse. one of honda’s conditions was leadership change. now uchida is gone, so maybe that door opens again, but who knows. right now it just feels like rumors and damage control.

there’s also talk about other buyers or partnerships, but it all feels late. like we waited too long, made too many bad calls, and now every option is worse than it would’ve been a year ago.

from inside, this does not feel like a turnaround story. it feels like we are running out of time and options.

Anyone with inside knowledge, which group will be hit in May?

I don’t think there’ll be massive layoffs. Big ones are in the news like Meta dumping 8000. This is not a big RIF. My dept is barely hanging on with work we’re so slammed, so there’s no way there’s cuts. Not at the level going on here with speculation.

Doesn't really matter, I suppose, they're coming eventually. A heads-up would be nice, though. Rumors are all over the place.

Seems Apr 30 RIF was all just rumors.

If you do not believe that layoffs are coming, then just scroll past.. do not have to respond it saying fake news..

I want to hear from someone here if anyone has first hand info on layoffs.. which orgs are being targeted and is it targeting individual contributors or managers or evenly distributed

Has anyone heard about the secret projects prepare for an end to captive agency

Doesn’t seem like any layoffs are taking place today????

I believe we'll only be safe come Monday.

I’m hearing merge between IA and BA anyone else hearing ?

Thoughts? One more Wave? Two? All done.

Almost all folks in my circle think it's at least one.

Heard any rumors? How realistic is this?

Heard through the grapevine that there would be layoffs this week, can anyone confirm?

So someone mentioned there being a realignment in my area after the next employee survey. Anyone know of any lay offs in May?

There are a lot of concerns about the international market being included in potential layoffs. Has anyone heard any rumours?

Any intel on layoffs in Optum Serve?

Seems like Optum is doing everything it can to eliminate Wellmed, just wondering what we are up against this week.

I heard that Accenture doing a "survey" and may takeover GNT / Engineering soon. Anyone heard the same?

Just got world from my Sr Director. Work from home next week. Layoff announcement goes next Thurs. I’m in Lake Mary, FL

Converge. Sales Kick Off in Vegas. But I am hearing that layoffs will be third week of May which makes no sense at all to fly people to Vegas and then lay them off. But...NetApp has done crazier things...

Any chance somebody knows more about this? Whether it's true or not, among other things?

It's small, but it's happening.

Anyone hear anything about SAI? RTO or RIF?

Some successful and tenured execs were on the chopping block. JM not surprised as possibly headed to retirement, but MG was completely unexpected. P-M coming up next week I heard so this is just the start.

Closed earnings call May 7, originally scheduled for the 14th.
Dennis cokefest on the 14th.

So, June 19 exit for most of us left, right after the B-rup filing.

One rumor was May 5, anyone have a good source one way or the other?

At least, I haven't heard anything going on, nor seen anything where I'm at. It's a relief, frankly.

Someone on Reddit said that they tried calling Avaya Sales, and for the last 5 hours, everything is going to VM, and no one is calling back.

This is yet unoffical but there will be a meeting today with 3 upcoming news:

• everyone will be fired by the end of August and replaced with offshore employees (.not high management )
• company will be splited by 4 or 5 independent companies ( by region ) and FIS brand will disappear by end of this year.

Verizon has (Never) in its' history done a layoff in June.

Normally, a Verizon layoff happens each year during April, and/or October.

If it does (actually) happen, May 7th would be the date; mentioned in the other post.