Are those off the table? The only thing keeping me here is the bonus, then as soon as I get that I'm out, unless I'm laid off first. Anyone have any intel if the bonus will happen in 2026, or did those get axed as well.
Posts mentioning hashtag #rumor
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One company’s trash is another’s treasure
Rumor mill coming from Shell that you hired one of ours made redundant to join your leadership ranks.
What’s happening with pension?
Long held rumours of pension changes.
What’s the scoop?
Will there be benefits changes?
Rumors down south are that there will be changes to benefits and enforcement of in office presence.
Anyone have insights re pension changes from DB to DC or other? Elimination of EDOs?
Splitting Fiserv - Any Truth?
I'm hearing rumors that Fiserv is about to announce a split between Financial and Merchant? half goes Private Equity the other half gets purchased.
What happened to the VH is out post?
Why was it deleted? By someone other than the OP?
I don’t care about the disclosure anymore
Became close to many here in 15 years. Cannot stress this enough - The company you think you know IS planning your “winter.” Prepare. Please prepare. Putting in notice this week. And it does not matter how well you’re doing your job.
With telco moves recently, can see stank doing larger cuts and then T puts in new CEO q1. All this in effort to make it look like they’re listening.
Winter is coming.
Layoffs 10/1
It seems like there were more layoffs to kick off October. Anyone know who all was affected?
10/9/25 Layoffs?
We skipped the 9/25/25 layoffs. Anyone know who all is expected to be impacted this week?
600 people total, only few offered severance?
Is this true?
The layoff is 600 people with only a handful offered a severance. Mostly tenure employees that have put in 15+ years
@eb+1k6kw57zn
Milford layoffs
Looks like there’s some layoffs happening in Milford right now. Does anyone know what groups are affected and how widespread it is?
10/21 EBCE finally done?
Rumor is that EBCE folks get the axe in the coming 2-3 weeks. My question along with this is why are they still taking up people's time and still starting engagements?!
More closings incoming?
I've been hearing rumors about more locations closing before the end of the year, can anybody confirm if this is true or not? If it's true, is there any way to know which ones are closing? I really can't be without a job right now so I need to start looking right away if we're part of this.
BIG NEWS COMING!!!
You heard it here first. You have been WARNed.
It ain’t good folks
The layoffs are a’comin! While they be right before Christmas this year? Will they admit their DEI initiatives have failed? Will they keep the unproductive drones?
Layoff #3 by February
Alix Partners will provide their final recommendation by December. Good luck to all. And God help us
Microsoft Xbox could be dead: rumors suggest 'hardware production has ceased' on Xbox consoles
https://www.tweaktown.com/news/108067/microsoft-xbox-could-be-dead-rumors-suggest-hardware-production-has-ceased-on-xbox-consoles/index.html
New CEO
I heard Board is talking to someone from T-Mobile to come in.
Sever bene
Anyone know for sure about the rumors mgmt is discontinuing severance all together???
What’s next?
So what’s next? All that news, all the upper echelon are being moved around. The ripple effect has just begun… anyone know anything else that will be announced this coming week? I still think those emails Friday were just the beginning.
Any idea what awaits us next week?
Nothing good, I’m sure.
Which Execs get fired first by the new CEO?
- Chief Product Officer AJ gotta be the first to go
- Matt’s unqualified CRO butt gotta be 2nd
Then it’s a little murky…
- Andy? New CEO probably wants to bring his own
- Panos/Jonathan?
Layoffs in India
There’s a news article in India that talks about both SAP and Novo Nordisk cutting jobs.
For Novo, the reason is likely because India approved Ozempic (semaglutide) for adults with type 2 diabetes. For SAP, it’s the 1-2% cut to get rid of the dental plaque.
Can someone please share which teams are affected?
Very recently, CK lied about hiring more people in India to work on AI and now this. Can’t really trust the board’s words - I rather pay attention to their actions.
https://timesofindia.indiatimes.com/city/bengaluru/sap-novo-nordisk-job-cuts-hit-india-employees/amp_articleshow/124296836.cms
Wells Fargo Charlie and Opco Moving to West Palm Beach
Once Chainsaw Charkie took possession of the board he told his directs one down west Palm beach next year or you are gone. CRO Derek will do anything as he's close to firing he's yes. hR is a no CFO has other offers he's a no. COO mostly uses the jet to do personal self fulfillment he's a yes. CLO is a no Compliance is a no. IA is a No. And they want to move technology out of anywhere but Iselin NJ bc Bridgette wants it and she won't be forced to go. The CxOs were shocked and really none but Charlie want to go they will shut HY which they just moved into the entirety is poorly thought. So even if you are saf now next year is worse. My hope is to find any Job where I'm not treated like a baby given more work and leave. It's the first bank in 20 years where I've asked for more work and they won't give it. So I attend the meetings I have ideas for work one took and I'm dragging it out in case they lay me off in October they don't get the work product.
Update soon?
Uniform ordering was delayed, maybe because we will know our fate soon? AT&T, Network CO, Lumen or layoff?
Tough markets leads to a push to start freezing salaries
Rumors are the Ford will freeze salaries and reduce hiring in '26 in a effort to lower cost and be more financially flexible given macroeconomic uncertainty and stiff international competition.
Has anyone heard the rumors about the board of directors?
There are rumors about member floating around. Allegedly this member had an inappropriate relationship with a certain c-suite executive.
Any word about Thursday’s town hall?
Shell is pulling contracts. Will there be another round of layoffs? What have yall heard?
Notices of Reduction
I was told that layoffs were coming today. Anyone hearing of any?
Back To Basics
What info does anyone have regarding RIFs in the upcoming months?
GT EMEA Layoffs
Regardless of how you think about whether we should have the GT EMEA group or they’re helpful, productive, etc, etc. this isn’t about it.
Yesterday I was taking to a teammate in there, and they told me the GM sent a video where he says they’re targeting to execute the layoffs around early to mid NOVEMBER. That’s almost 8 months after everything started and ~4 months after we had ours.
Can you imagine working that long knowing there’s something coming from across the globe to hit you? How on earth you get motivated to do your job? Your counterparts already moved on, got promoted, fired, lateral moves whatever. And you’re there reading that “EMEA is in a different timeline” sentence in every comms from the company (they told me this line is basically an internal joke over there).
Some people are guessing what’s gonna happen but others already know because they lost their counterparts on other goes, so the writing is in the wall.
I do have a lot of reservations about the EMEA team, but damn, Nike isn’t helping the cause here. Dragging for that long? Unfair is the nicest word I can think of.
Last quarter RIF
Hope all ready for the upcoming October-December RIF.
Total Rewards Change
Any rumours on what this will entail? They're saying it's not a cost saving exercise, which I highly doubt.
Clients dropping
Layoffs are not the only problem as the clients are having a bad experience with this company. Rumors are some services are going to be dropped
APLA rumors
Are they true and should I be worried if I work in APLA?
WILL CS be ok?
Thanks
What's the deal with F RTO popping up on the screens?
One had a picture of JF. All screens on DDL are off. Drop deets of you have em
Wooten Building Shutting Down?
Rumors are swirling they are shutting down the building on Wooten in Wilson, NC and moving them elsewhere. Is this true? No one is hardly in the building anymore. Either laid off or WFH.
Janitors laid off too?
Anyone else who has been required to come in lately notice how nasty the work spaces have gotten? In building 2 the break room is filled with dishes covered in days old food and the fridge smells like mold.
Desks are all strewn with trash and none of the computer peripherals work.
Bathroom smells like a babies diaper.
My college dorm was cleaner than this, anyone have any idea if they laid off the cleaning staff too?
What's up with Singapore?
There was supposed to be some sort of big meeting or announcement 10:00 a.m. the other day. What is the news from that?