There has been some rumors going around about a new corporate office location opening in queen creek. Has anyone else heard this?
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CBS News
Has anybody heard anything? My manager played d-mb when I asked him (which makes sense) but wondering if anyone else received more transparency about what will happen here.
I have heard this 2000 number is all US based employees
So, it's a bigger impact than I thought as I thought it was a global number. Oh, well
Can we recap what we know so far?
Let's use this thread?
Any consultants engaged?
Does anyone know?
Is it over?
Or are there more layoffs coming?
How many people?
I really hope those saying 5% are closer to the truth than the ones mentioning 10-15%. Don’t get me wrong, every person matters, and every job loss is tough. I just hope more people get to stay. The job market is brutal these days.
Are layoffs definitely happening next Wednesday?
And is everyone on the list supposed to find out that same day?
Priscilla's gone. Who else?
Can’t believe she didn’t even announce it herself and had someone else speak for her. She’s probably just done with all the ** and called it quits.
Will there be any changes to the severance package?
I’ve been hearing some wild rumors, and I really hope none of them are true.
Is it true that everyone who’s being laid off will be notified today?
At least it won’t be a drawn-out process, which would only make things worse. Good luck to everyone.
Any updates?
So far, it seems like folks in Ireland have been having a rough week. Nothing yet here, as far as I can tell. The newest rumor is that the big round might happen in the second half of November.
I honestly don’t know what to think anymore. This whole ordeal - the escalating rumors, the lack of official communication, and the high likelihood of layoffs, whether large or not - is making me really, really stressed and exhausted.
Hot off the presses
Just overheard a Sr. Director say that on 10/28 BC plans on tossing the target Lego dog from the C suite lobby onto nicollet mall and then shouting "good luck with this mess everyone" and then retiring early.
BAH rumor?
Have the BAH holdouts been given an ultimatum to RTO or be terminated?
Leaders leaving
Has anyone heard of any big leaders "retiring" or leaving the company?
Verizon Connect
It would seem this is a poorly kept secret that Verizon Connect likely will be sold. Recent activity by leadership looks like they are best positioning the company's cash position and unexpected re-alignment internally. The stars are aligning.
FISERV acquiring Q2 rumors? What are you hearing?
I’ve heard that FISERV may be in discussions to acquire us by early 2026. This isn’t entirely surprising given that our platform’s design and user experience feel outdated. Additionally, client support has been declining—particularly with offshore teams struggling to understand use cases, which often leads to delays while clarifying issues.
Upstream Communication
Heard that there was a last minute upstream communications yesterday afternoon.
Any idea what is that about?
AI bubble-Cisco planing for 17% layoffs
Be prepared
Nexus data center massive layoffs
Overheard in office
Managers and directors are preparing list
Any other info
There is a good chance, like Meta, Cisco will cut into its own Kool-Aid AI drinking
https://www.linkedin.com/news/story/meta-plans-to-cut-600-jobs-in-its-ai-superintelligence-labs-6717116
rumor: retiree medical benefits available at 52 for terminees
Heard the rumor above. Anyone else have details or confirmation?
Not sure
Not sure.... tbh I'm curious as well and what types of rumors?
4 days per week in office RTO coming?
Rumor from WCIB is that we will be expected in office 4 days a week. Guess they are trying voluntary layoffs again to get people to quit.
Rumors of layoffs
I’ve been hearing rumors of layoffs - that it was supposed to happen in September, then October (but still nothing) and I also heard December. Does anyone know when?
BC confirmed rumors
I slacked Brian today asking him if the layoff rumors were true.
He reacted with the omg bullseye emoji
We’re cooked
Tomorrow?
So is it actually happening tomorrow? I know there was a meeting with leaders today but what was the outcome?
“I’ve heard”
For everyone saying “I’ve heard” followed by some sensational claim like there are palettes of boxes at TPS, please recalibrate your plausibility sensors or find a different outlet for your gossip.
For those lurking, hoping to find a droplet of truth, throw out half of what you read here, and remain skeptical about the information you’re left with.
Capital Projects being cut company wide
Layoffs are coming better hope your not on any list.
Will it be on a Tuesday?
Is it going to happen on a Tuesday? I heard it was this Tuesday but now people are saying next Tuesday? Why Tuesday and not Friday?
Canada's Execution Date
Just announced...November 5.
RTO
So… brace yourselves 😬
I just got word from a very reliable source, Friday’s Town Hall is reportedly going to be about RTO… four days a week.
Yep. You read that right. Four. Days.
Consider this your early warning
Not thrilled (at all) about this, but… you heard it here first.
1 week
Any new information? Just seeing people vent (which is understandable). This is too big and widespread for nobody to know anything
Boxes
I’ve heard there are pallets of boxes on the lower floors downtown. Is anyone seeing that?
more layoff coming
looks like there might be more coming
And news on US layoffs?
Whenever there are cuts somewhere else, I feel like that's just a prelude for us. Maybe I'm just being paranoid, but I can't help it.
Another round before the end of the year
Any truth to these rumors? If the answer is yes, fu-k Citi. That's all.