#uncertainty

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What Bob's building?

Inherited environment, culture of stress, anxiety, uncertainty from Roger, added his own flavor of further uncertainty among associates.

When BME was announced, Rich was dead clear in sharing "everyone's going to be part of this model"

Since he didn't see eye to eye with Bob, he's on his way out the door now.

With the retiring of "squads, scrum masters, chapters", we will definitely see some BS made up titles with same responsibilities.

Why does Fido want to ruin the holiday season for all?


More layoffs?

Of course it’s a rumor but…. Has anyone else heard of layoffs coming to the default world (Collections, Recovery, operations)? I have always had good connections here but I am relatively new. curious if someone else can validate what I heard. From what I heard there were going to be changes in Q1 2026 on top of what is happening now.


There's a LOT of stuff suddenly on pause, in MANY departments.

Necessary follow-up emails are even being halted. Critical meetings - on hold. I've talked to several friends across the company, various departments and the sentiment is the same - uncertainty and "waiting to hear if we have jobs."

It's not healthy and makes me wonder Dan's long term "culture" strategy that he claims is a priority, when the short term has gone south so quickly.

I genuinely thought the environment couldn't get worse than what H created, but it def has, in a quick way :-/


So remote folks shouldn’t expect anything definitive until the dust settles?

I’ve heard so many different versions, and it’s honestly confusing. From what I can tell, there’s still nothing final. Unfortunately, it sounds like the uncertainty for remotes will drag on a bit longer, especially for those who don’t neatly fit into the LA or NYC setups. Do we know if we could still get caught in this round, or are we considered a separate case altogether?


Anxious

This is my first time going through a potential layoff, and I’m really struggling with the uncertainty. Ever since we heard the news , I’ve been anxious nonstop — it’s hard to , join calls, or think about much else.

How are you coping or distracting yourself ?


Any word on remote employees being called back?

There’s been so much rumors about layoffs, but no rumors on return to office for remote employees? Has anyone heard anything about this or will those employees just be part of the larger layoff and we will still keep some employees remote? It seems to be at other companies they did a larger mandate of return to office for remote workers to try to eliminate jobs more organically. It doesn’t seem like that’s a rumor swirling, are remote workers safe from this rif?


Anyone else feel like the hammer is about to come down?

It has been eerily quiet for far too long. There were some changes in the beginning of the year. Other tech companies have been making sweeping changes and layoffs all throughout the year. It has been quiet around here. I feel there will be restructuring or layoffs soon. Do you?


Let’s look at this objectively:

  1. Given the mix of signals: yes, there is a non‐trivial chance something will happen (at least in some business units).
  2. No, the rumor of an across-the-board, massive layoff next Tuesday is not firmly substantiated. It’s best treated as a possibility being promoted by this contributors who are scared or repeating rumors, not a certainty.
  3. So if we were to assign rough probabilities (just an estimate):
    A. Some layoffs in certain units in the near term: ~60-70%
    B. A broad, company-wide massive layoff next Tuesday: maybe ~30-40% or less
    C. The status quo (no major layoffs) is still plausible: ~20-30%

Target has been doing smaller, quiet moves all year. There isn’t a need nor desire to do something so massive that it further erodes consumer confidence, invites more scrutiny from additional boycotts, and possibly drives away top talent while paralyzing those who stay. More likely it will be continued, surgical cuts while bolstering/hiring for areas that leadership believes will drive positive change for shareholders.

I know it’s tough not to panic, but take a breath. You have zero control over what happens to you and your peers, unfortunately.

Bumping this from @bn+1k819dxn1.


Is this the week???

It's officially Tuesday... is this the week? Someone must know for sure, a lot of chatter on the site. Many large meetings were canceled and almost 60 days till end of year. I really wish the company would just do a yearly VSP instead of rifs. It would be easier on everyone who wants to stay another year or leave.


Notice

Those of us impacted by the FIS sale, please be aware that FIS is scheduled for a major reduction in force on November 19th. Word is this will include many of us that were hoping for a stable place to land.
The wonderful company we work for is also about to make another cut. Some managers met yesterday, other meetings will be held this week. It doesnt look good. So glad I started applying to other places. I am done with this bs.


Don’t think this will be over any time soon

We might get one big round that everyone’s waiting for, but it won’t be the end. We can expect smaller, targeted cuts to keep happening for months until things look the way they want them to. None of us will be safe for a long time. Sadly, this is just our reality now.