So someone mentioned there being a realignment in my area after the next employee survey. Anyone know of any lay offs in May?
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International Lay off
There are a lot of concerns about the international market being included in potential layoffs. Has anyone heard any rumours?
Optum Serve
Any intel on layoffs in Optum Serve?
Is Wellmed getting hit again this week?
Seems like Optum is doing everything it can to eliminate Wellmed, just wondering what we are up against this week.
Accenture takeover GNT?
I heard that Accenture doing a "survey" and may takeover GNT / Engineering soon. Anyone heard the same?
Layoffs
Just got world from my Sr Director. Work from home next week. Layoff announcement goes next Thurs. I’m in Lake Mary, FL
Layoffs third week of May
Converge. Sales Kick Off in Vegas. But I am hearing that layoffs will be third week of May which makes no sense at all to fly people to Vegas and then lay them off. But...NetApp has done crazier things...
Any chance somebody knows more about this? Whether it's true or not, among other things?
Layoffs have already started
It's small, but it's happening.
SAI
Anyone hear anything about SAI? RTO or RIF?
BNY Investments leadership
Some successful and tenured execs were on the chopping block. JM not surprised as possibly headed to retirement, but MG was completely unexpected. P-M coming up next week I heard so this is just the start.
Aaaaaany day now
Closed earnings call May 7, originally scheduled for the 14th.
Dennis cokefest on the 14th.
So, June 19 exit for most of us left, right after the B-rup filing.
What’s the RIF date?
One rumor was May 5, anyone have a good source one way or the other?
So, the rumor about today was a dud?
At least, I haven't heard anything going on, nor seen anything where I'm at. It's a relief, frankly.
Avaya Sales unreachable at the moment
Someone on Reddit said that they tried calling Avaya Sales, and for the last 5 hours, everything is going to VM, and no one is calling back.
More layoffs end of August , splitting company
This is yet unoffical but there will be a meeting today with 3 upcoming news:
- everyone will be fired by the end of August and replaced with offshore employees (.not high management )
- company will be splited by 4 or 5 independent companies ( by region ) and FIS brand will disappear by end of this year.
Verizon has (Never) in its' history done a layoff in June.
Verizon has (Never) in its' history done a layoff in June.
Normally, a Verizon layoff happens each year during April, and/or October.
If it does (actually) happen, May 7th would be the date; mentioned in the other post.
Is OptumRx impacted?
Any insight if OptumRx will impacted Thursday?
No Layoffs
A lot of baseless rumours have been posted here. You must be said after today's all hands
Rumors on Reddit ???
Word is that Anthropic Claude has successfully hacked Oracle DB, Internet Explorer and Outlook codes with ease. Dinosaur Bones are vulnerable.
Corporate Messaging to start by end of the week.
Is anyone going to buy ADM?
It's not a secret the OT is bleeding and drying out the divisions and there going to be another major layoff soon.
I'm hearing a lot of rumors about OT going to sell ADM bu heard SAP and others but is there any credibility to those rumors? is anyone going to buy ADM?
I guess the sale will be happening at the end of the faineance year (this June - start of July)
Verizon Layoffs - May 7th - Polymarket Bets.
Verizon Layoffs - May 7th - Polymarket Bets.
Someone, not sure if True (or not); says May 7th is the date.
RTO 5 Days
Say it ain’t so! Are the rumors true?
Is Centerwell closing in the next 6 months?
rifs strategy team with impossible plans and centers losing staff daily...is this whole thing planned? carson and welsh is coming to cash in soon. then why buy more clinics? anyone know more? rumor is more rifs in july
Can they take your pension (cash balance)
I’ve heard different rumors, but can they actually take your pension(cash balance) away from you if you’re let go because they deem you did not go to the office? I know they can’t touch your 401K.
Billy and Jimi selling out Americans!!
Wake up people!!!
RemainCo Bloodbath in H2
Heard this from multiple sources: they are just waiting for the split, and as soon as that’s over, the cuts will be DEEP.
SO MUCH FOR THE RUMORS!
So much for all the BS rumors about selling.
More layoffs for weeks?
Is this actually happening, or just talk? Anyone have real info?
Anyone heard anything concrete about restructuring or layoffs?
I've only seen the Q numbers. Was there any mention of cuts or reorg?
So 10% in May, with more coming in the second half?
Some outlets are reporting 20% or more in total for 2026.
NJ office moving to TX?
Rumors from credible sources shared the company plans to move the NJ Englewood Cliffs office to TX, home of its phone business. Anyone hear anything?
Merger or Takeover?
Has anyone been watching Steifel? Their HQ is in STL, and rumors are flying that they're getting ready to sell or merge. They recently sold off their independent channel, but for no real reason. It had to be for more than debt reduction. The independent channel (industry wide) is growing while the W2 channel is floundering...
Reliable sources only | Cisco Layoff in May
How sure are you guys about the layoffs happening in May? Hearing a lot of mixed things and trying to figure out what’s actually credible vs just rumors. If you’re a troll pls gtfo, some are on anxiety prescriptions due to this.
So its May 7th or 21st ??? What offices closed???
Just looking for some clarity:
What offices are closing and which date is the actually real for a rif. Either way I know we will have a big one prior to October due to the Stock Award being given that month. So obviously VZ will need people not here prior to that month. So Q2 or Q3 rif is in play. Will VZ wait till Q3 or is May actually for real?
RIF Trends To Expect
1) Rumors site starts getting more and more input/traction.
2) Big news media start noting potential layoffs possibly leaked by Dan and or his communications team. This lessens the blow when they actually happen internally and also starts painting a picture to the market. (Dan just noted AI will result in 20-30% unemployment for companies
3) Teams notified to work from home a week prior to the layoffs.
4) During a payroll week, Mon/Tues for Senior Directors and Thursday for the rest. The expectation amongst many well connected is Thursday, May 7th. VPs and higher are probably Earnings week w NDA. Probably will be same 15 min script for those impacted starting around 9am. And then all hands for folks remaining around 11am.
What else trends are anticipated here?
More cuts on the horizon
Do we know anything?
Are people getting fired instead of laid off?
Is that the new strategy?