I keep hearing that the reason this company does layoffs is to help the stock price. But since they never do a formal press release announcing the layoffs, how can layoffs possibly affect the stock? I thought the whole point of laying people off a little at a time was so that the public doesn't find out.
Posts mentioning hashtag #rumor
Below are all the posts — topics as well as replies — that mention the hashtag #rumor.
Mention #rumor in your post to continue the discussion!
SE AD Axe
It’s been quiet today. The the axe fall on the Southeast ADs? And before somebody says it, my stupidvisor doesn’t know!
Next week
Buckle up cause this week was nothing compared to what's coming. Best of luck.
Stores
Will retail locations be closing? Anyone heard of the layoffs affecting retail?
Started in Frisco
Seen few people walking out of the office at the Frisco location today early noon! Guess it has just begun in Tech
Next week is going to be big!
Is this correct?
I got word that layoffs will continue through February. Watch yourselves.
Can somebody confirm this?
Converse closing a dozen or so stores
I’ve been told that Converse retail is in a huge downward spiral. A dozen or so stores are being closed in the coming months and the stores that remain open barely have any product on their shelves. The person I know believes even the profitable stores are being closed when the leases are up. Anyone know anything else from the Converse-side of things?
Belfast is on the hit list, several times this year from what I understand.
There is no safe haven for anyone regardless of region. We will see.
Stock price
Down 10% last two days and looks like it's going further south. Something must have leaked
HQ Moving?
https://www.linkedin.com/feed/update/urn:li:activity:7417680463596769280/
Anybody got the tea?
Metro
Anything going to happen to Metro?
Any word on consumer?
I saw something here about 1/20 being the day for consumer. In the same thread that someone said 1/15 for TFB.
Layoffs in Katz Org
Anyone know anything about layoffs happening in the marketing team under Katz now?
Any anyoffs in the enterprise data office?
If so, which team within the EDO?
Network Team
Any update on network team this week ?
RIF day
Today was rumoured to be a large RIF day. No news thus far.
If someone is removed from the address book (e-mail), they are gone for good- right?
We had a guy all of a sudden “leave” our group. We all think he was either fired or laid off but our boss says he will be out “X amount of weeks.” No one believe him. I have been with the bank over 20 years and never heard of someone removed from the system and then put back in when they come back—?! Comments?
Network Employees - would this have caused the outage?
Verizon won a ruling yesterday that allowed them stop unlocking phones after 60 days. If. an update was pushed to lock all phones that had been unlocked prior to the ruling, could that have caused the supposed authentication issues that are rumored to be the cause of the outage?
Whos been laidoff?
I'm hearing Boise Idaho, I'm in San Antonio but haven't heard of anyone here being affected it looks like SA was exempt this round but we have confirmed layoffs for SA in march
IS THIS TRUE?
Hey guys, I’m hearing that around some time this year AT&T will be hiring for premier service consultant work from home again. Has anyone heard this same info on customer service jobs continuing work from home ?
Eric Sprunk spotted on campuse this week!
Let the rumor mill run. I've always liked him and his candidness as a leader.
I’m Hearing Rumors
Reimagined part two….i hope it’s not true.
1K layoffs are being reported by the media too
They're happening this week. But do we know if all the cuts are US only?
New RIF date is 1/23
I just saw on another thread that the RIF for 1/22 was moved to 1/23?? Is that correct and what’s with the change?
Back to office rumours
I heard some rumours that we will be back for more days in the office since February even if you had some deal with manager about this. Do you have any more info?
Calling BS on regular isp
I call BS on the regular isp rumors. No one is leaving for that.
The downfall will begin soon.
Because it’s an American company, people will eventually boycott PayPal anyway.
Bonus day on tuesday?
Hearing rumours that bonuses will be communicated tomorrow - anyone else heard the same?
Long Beach Facility
DF is making press releases about 20x workers at the secretive Long Beach. I've heard of 10x but 20x, oh my.
Layoffs starting now
Layoffs start today, 12th. Share impact and rumors, should be significant.
Layoffs rumors are 100% fake
https://www.seattletimes.com/business/microsoft/microsoft-layoff-rumors-100-percent-made-up-exec-says/
What's the latest on closings?
Has anything been mentioned yet?
April shake up
Hearing the next big move is in April, and it’s big news. I’m sure a someone knows more than I, please share.
So it appears that something is brewing, what is it?
Reading between the lines of all these recent posts, about FS district leaders being gone, and PIC's running the whole store, the CEO's email, etc., etc. So who knows what the real story is?
CS rumored ....
To become the next CEO after APLA disbands this month.
Thoughts?
Would be a great time! And a great move!
Let's go!
VP’s and Directors “resigning to pursue other opportunities”
Over the past few days I have seen numerous post and emails regarding VPs and Directors leaving the company to pursue other opportunities.
Why? What’s going on?
Are they getting ahead of knows cuts in fiscal 2026?