Hearing rumors that leadership may revert back to making it mandatory that people be in the office 3 days a week. Anyone else hear this?
If so, I wish they would make up their minds and stick with it, rather than change the policy every 6-12 months.
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Mention #rumor in your post to continue the discussion!
Hearing rumors that leadership may revert back to making it mandatory that people be in the office 3 days a week. Anyone else hear this?
If so, I wish they would make up their minds and stick with it, rather than change the policy every 6-12 months.
It's been kind of quiet lately, a calm before the storm?
Jeff hates costs and his employees, and he's all out of cost cuts.
Sam Burd is 100% sidelined, only kept on salary so he won't bolt for Lenovo or HPE.
Rumors are Jeff and cronies are laying out a massive downscale and will hit in Q1.
I’ve been hearing rumors there will be a huge layoff after the migration to Fusion of all the people who are working this project. Anyone else hear this?
I'm hearing rumors AT&T wants to close the Lumen deal before the end of the year. This might explain why.
AT&T announced yesterday that they will pay EchoStar $23 billion in cash to acquire a portion of EchoStar's wireless spectrum licenses, specifically 30 MHz of mid-band (3.45 GHz) and 20 MHz of low-band (600 MHz) spectrum - the deal is expected to close sometime in mid-2026
Name the album that best sums up this cluster f*ck of a reorg. I'll start with Rumours by Fleetwood Mac. One rumour I've heard is that maint contractors are busy looking elsewhere and doing a lot less work as they know they'll be gone soon to Engine.
Who will be voted off the magenta island next?!
Rumor mill is saying Frier announcement coming before retail season kicks off.
I’m guessing Sievert is gone in January. New year and whole new senior leadership team.
This site used to have good information related to coming layoffs. Now all it seems to have is people complaining about upper management and/RTO. Sadly, the site is becoming more irrelevant as time passes.
So I will try one more time. Does anyone have any REAL intell on coming layoffs?
Since Paramount and Skydance merged I think Ive read somewhere there could be more layoffs soon..... Im not 100% sure so can someone back me up?
FYI. Dead serious.
Last minute meeting invites went out for tomorrow from Hari "the axman" govind. Zoom call for 0930. Rumors of inperson 0900 meetings, but cant confirm. Anyone have more info?
Layoffs are coming to the back office. Mangers have been told to hit a number effectively by whatever means necessary and to submit a list of names by mid September. This will hit already lean teams. Prepare yourselves.
Especially those who simply can’t commute. I’ve been hearing all kinds of rumors, but nothing that sounds completely credible.
There will be 10% layoffs now and 10% later at the end of the year.
Accounting, HR, and IT maybe affected.
everyone is talking about this, any reliable source of this info?
Any truth to the rumors?
Like many or most of us, my group continues to see layoffs. But I have seen no one be fired even though I think they could easily make a case for some of them.
Is this the norm in your group as well?
Any thoughts on Magellan Health getting rid of all Health plans? I heard they will be getting more Public Sector Accounts. How does Magellan Health do layoffs?
I recently found out they'll be doing more layoffs at KTD and probably GO soon. I know for sure CIS and Product will get hit hard. I hope you get your severance!
I saw couple of posts on September 2.
There was a lot of hype here about how the entire mid-management layers would be obliterated in this recent LR. Some of us expressed disbelief . Like clockwork, I don’t see any evidence of that at least in tech presales. Our total waste-of-space managers in the U.K. market are swaggering around with big smiles on their faces. So much for the rumour mongering.
Rumors are flying, but as usual, we know nothing for sure.
Serious question — what’s the point of keeping husband-and-wife combos in the same department or even the same company? It always turns messy. Conflicts of interest, favouritism, gossip, and when it goes sour (and it usually does), everyone else has to pick up the fallout.
Plenty of qualified people out there looking for a chance, but instead we’ve got couples playing house on the company dime. Is it really worth the drama?
HR insider told me that they are not done yet. They just don’t have enough HR personnel to complete them all as fast as they would like. Severance is lamentable - 1 week per year of service is a joke!
Hearing it will be Q3/Q4
Thoughts?
This is the big one! Be Best! Be Prepared!
So are there going to be more layoffs for the w2 agents coming early September25? Got a few calls about “rumors” regarding this does anyone have any insight?
Expecting some big announcements during GSX
Any rumors on up
coming round of layoffs?
Possibly In Sept?
Q3 earnings call was not too promising
As an activist hedge fund, Elliott Investment Management pushes for changes that often result in significant layoffs at the companies it invests in. While Elliott does not directly manage the day-to-day operations, its influence on corporate boards and demands for cost-cutting and restructuring have been closely linked to job cuts.
Examples of layoffs connected to Elliott Management
Southwest Airlines (2025): After Elliott acquired a major stake and secured board seats, the airline announced its first-ever company-wide layoffs. Critics believe this action was influenced by Elliott's push for profitability.
Salesforce (2023): Following Elliott's investment, Salesforce cut 10% of its workforce. Employees reportedly feared further layoffs due to Elliott's pressure for cost reductions and improved profitability.
AT&T (2019): After Elliott took a stake and demanded a strategic overhaul, AT&T cut tens of thousands of jobs and accelerated mass firings. This is viewed by critics as an example of Elliott's strategy prioritizing shareholder returns over employees.
Athenahealth (2018): After an Elliott subsidiary led a buyout, the company laid off employees, sold assets, and went private.
Juniper Networks (2015): Elliott's push for cost reductions at Juniper Networks reportedly led to job cuts at the tech company.
Why Elliott Management is linked to layoffs
Activist investor strategy: Elliott is known for "activist investing," where it buys a large stake in a company and then pushes for major changes to increase its stock value.
Focus on cost-cutting: Their playbook often involves demanding aggressive cost reductions, including slashing perceived "non-essential" departments to boost profits.
Control through board seats: The hedge fund often seeks control by gaining seats on a company's board, giving it direct influence over restructuring and personnel decisions.
Pressure for asset sales: Elliott sometimes advocates for selling off company assets to create cash for investors, which can destabilize operations and result in layoffs.
https://www.linkedin.com/jobs/view/4284185518
Job posting for external organization design consultant with experience in large scale reorganization.
Anybody else feeling this way knowing that people with more experience (who helped me when I needed it the most) have been laid off? I'm grateful I still have a job, don't get me wrong, but I still feel incredibly guilty, even though I know none of this had anything to do with me.
This Board has gone de-ad quick. Is it vacations or are u afraid to discuss layoffs all of a sudden ? Jerome Powell spooked us all at Jackson Hole today with Fedspeake and Cap Management made some darn good cashola today with those coinbase and Intel positions...back in black sooner than you'll ever know...
All, we have heard we are shutting down India within the next year or two. CVX is taking the the top performers and we will need to look elsewhere.
So why doesn't Lexmark post anything on Layoff
Maybe it's all good
Posted about a VEV rumor, was deleted...must have been true...did
not post names, just initials...site sensors hard at work.