#rumor

Is anyone else hearing chatter about a potential massive walkout of PNC employees being organized at some point after there is an announcement about the 5 day return to work requirement?

Anyone impact so far this week? Were any teams told to stay home?

Heard there is a major cut to the PMIC in SD. Is that true? Which teams?

This is what I've heard

The question on everyones lips, might this really happen.Stock up 15pc since rumour was leaked.Is there something in the speculation??? Does Peter want out???

Interesting article explaining that Greg Gut, our former M&A chief pitched the idea of acquiring BP to Wael and Sinead. Wael shot it down of course but Andrew McKenzie was interested. Greg left after being shot down. Article makes some interesting points about where we’re lacking. I’m not in the upstream side so happy to yield to anyone with real insight about our reserves. Sharing because I thought the BP rumors were simply that. Turns out was a real possibility.

https://giftarticle.ft.com/giftarticle/actions/redeem/edbd2278-e222-4570-85bd-da8de3548a1a

Nothing where I’m at. But there have been a lot of rumors about more coming on Monday. I know we’re in this for the long haul, but I’d really like to know whether we’ll at least be left alone until the holidays are over.

Does anyone know where Sandy went? Fired or resigned?
(may have been covered here but) Brian Sweeny is gone as of last month.
Any more expected executive departures from the old guard?
Paul, James, Shannon .... I'm looking at you.

I was told by a friend that APAC CEC is next to go through layoffs. Can anyone confirm?

I heard rumors of changes coming to commission… anyone else? I’m hoping it’s just rumors! My Supervisor says she hasn’t heard… but let’s be honest… would they say anything?

When will these rumors start to get announced? Can’t wait to do performance review next week just to then tell my remote team their pay band changed…ugh.

Chatter about a big announcement. Anyone got any deets?

I heard a rumor that sometime next year USB will begin telling remote employees to move to a hub or they will be considered voluntarily quitting - so no severance. Don’t think this could realisticall happen all at once so I imagine it would be phased. Anyone know if this is true? I’m in a weird situation where my entire family works remotely for USB. They closed our hub so this would be devastating.

Especially those already going through tough stretches in life. This happened at the worst possible time of year, and now people are heading into a brutal job market. Judging by the rumors, many of us may still end up joining our departing colleagues in the coming months. I wish all of us the best, and hope we all come out of this truly bad period healthy and happy on the other side.

Jobs are being shifted to India ASAP

Cisco Just invested Billions in India manufacturing and training while cutting training, offices and resources in the USA

Rumor has it that they are moving away from Tableau and Alteryx . Going to Databricks, PowerBI and Superset. Any truth to this?

Word around Buffalo is we’re about to have massive layoffs. My neighbor even asked me about it. Anyone know when they will hit?

Strong rumors of an upcoming acquisition in the security sector

With a freakish skyrocketing of the stock price from 241 to 328 on September 10 with a trading volume of over 130k, who was it that benefited?

If you didn't unload before November, well, maybe there will be another before years end.

We've heard the news we need to shed from 130k employees to 100k. But now we're hearing shedding 50%, by end of 2028. Anyone else hearing something?

There will be a huge round of layoffs happening in Optum with notification date of Jan 22. Every business is at risk, as Corporate handed down mandates of between 10%-30% reductions depending on the business. More happening in Feb & Mar as well. Oh and RRP Funding STILL hasn’t been approved.

Certainly helped AIG stock today! Interesting read: https://www.investing.com/news/stock-market-news/chubb-reportedly-makes-takeover-offer-for-aig-stock-soars-93CH-4401708

Under Corporate risk - Credit Risk - Risk modeling.

Massive cut yesterday.

Most of these guys are Quants making over $250K

The rumor is lots of Quants and risk analytics in corporate risk are in the chopping block early next year

Heard big news are going to be delivered most likely at the townhall next week. Anyone knows what’s coming down the pipe? More layoffs? Leadership changes? Sell of parts of business?

Any rumors on Pine Island?

Any rummors about possible divestment of Shell Chemicals ? Have heard that they want to somehow separate it.

Seems like the rumor is coming true

https://www.masondc.com/blog/contract-awarded-wells-fargo-one-flagler

If you're smart enough to read between the lines, you should see BIG changes coming up on the horizon

Anyone have credible information or evidence that a layoff will happen? Please no, “Wayfair will always lay off” post with no evidence. I am trying to piece together real evidence to see if a real one will happen soon

Does anyone have ANY information on who will be affected?? Like teams/sectors?

Anyone hear about another round of layoffs?

Does anybody really believe we'll have more layoffs this close to Christmas? Because I don't.

This anxiety is ki-ling me. Not knowing what groups are affected or the rumored groups… someone has to know something…

I am not a T-Mobile employee!

You heard it here first. This time next year there will be news of T-Mobile headquarters being moved from Bellevue WA to Overland Park KS. Final move will be 2030, following expiration of contract with Bellevue. T-Mobile has been in talks with KS reps and are close to a deal surrounding lower taxes. T-Mobile execs already working to move jobs.

Prepare!

Rumor has it, trading will reorg next year..any truth to this?