#uncertainty

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The hardest part about layoffs is not knowing whose turn it is

People are nervous and watching their backs, so now there’s this constant tension where nobody feels secure enough to plan their future here. It’s a huge mistake, and it’s going to cost this place way more in the long run than anyone at the top realizes.


Loosing good players

I found out many Cloud Engineering middle management people left OpenText because of uncertainty and mechanical behaviours of leadership. Out of curious, when i started talking to people over coffee , I learnt that IT under Chan*** have let go many long time, accomplished, hard working managers and that is making left out team quite delusional. I used to work for one the manager, who used to out 10 hrs a day even in weekends. This is ridiculous. No value for hard work n productive. Leadership is just a power mongers and replacing with their pets from other stores.


I’m safe…am I?

Is it just me or are you starting to envy those who are leaving? I’m supposed to be relieved that I still have a job but…I’m not. Something is really wrong with the way they did this last layoff. A lot of old timers got the axe. This pension I’m hanging around for won’t be there, will it? It’s so clear to me now that I’m standing on quicksand.


Citi giving $80BN assets to Blackrock for management

So earlier this month, it was announced that Citi is giving BlackRock $80BN assets for them to manage, and in the process, will be taking some CIM portfolio managers with them as BlackRock employees. I guess Citi is ultimately trying to get rid of in-house management. However, nothing was said about the back office and support teams that support the CIM business. There has been ongoing angst in my team and other teams about potential layoffs. Anyone else work with CIM and have similar concerns? Or am I just overreacting and it will be "BAU" as senior management says....


Steve's email on 9/16 and upcoming layoffs

Honestly, I don’t know what to make of Wayfair right now. The pay is solid and better than what I’d find elsewhere, but it feels like layoffs are always around the corner. It’s like every few months people are left wondering if they should stick it out or leave before they’re next. For those of us in North America, what kind of roles are most at risk? Is there actually a stable future here, or is it just about staying for the paycheck and dealing with the uncertainty?

And that email from Steve on September 16th… what was that? The message just didn’t sit right — some parts sounded like cuts, other parts like spending more money, and none of it made sense. Feels like leadership is saying one thing to us but doing another behind the scenes. Curious if anyone else feels the same or has more insight into where things are really headed.


Can anyone define an UHG “office”?

There is no uhg office in the city next to where I live. We have two optum medical clinics which are very small. I don’t even see a uhg/uhc building anywhere on maps. Is there a way internally or otherwise to look up an “office” and what that even is defined by? (I am not in MN or DC, but wondered how this looks in other states).


What the he-l just happened

Anyone else reflecting on this week wondering what the he-l just happened? A typical week became a week of doom and gloom. It became hard to focus, the rumor mill roaring along with a sorry excuse of response by our CEO. In all my years at HCSC, I’ve never felt more betrayed by the company. No clear vision.. no clear communication… where’s the email that says what happens next? Are we really just going to feel like we’re in limbo until someone explains what the plan forward is? This is exhausting… I’m starting to think a layoff wouldn’t be the worst thing in the world


What is happening with Pershing?

I've noticed this year in particular a highly unfavorable balance of BD deconversions/terminations, relative to the amount of firms onboarded. I know Pershing is only one slice of the BNY pie. Between the exodus of clients under our clearing business and the seemingly unmitigated failure that the money pit known as Wove Investor appears to be so far, I can't say these are good signs, in spite of the current share price of $109.53 (9/26/25).


Explanations?

Hey guys, can someone explain what's going on, even from rumors:

  • Why the downsize
  • Rough number on the downsize (5% now, 5% in Q4?)
  • This appears to be worldwide
  • What does India have to do with any of this?

I'm grateful to still have my role, but I'm terrible at being "in the know" of the bigger picture my company faces. For the sake of discussion, I like my role but people keep saying to steer clear of working at TI. What are reasons for this train of thought?

Thank y'all!


Sharing my concerns

It seems that nobody knows anything except maybe a handful of EVPs and higher. In meetings, mgmt and HR reps can't offer any new information, just repeating the same known facts over and over again. Morale is at all time low and feels like people just pretend to be busy, while in reality not much gets done. Projects and initiatives got identified as at risks, with TBD plans to move forward. Nobody dares to make decisions for the future without knowing what resources will be available to complete the tasks or even if they themselves will be here after Oct. Meanwhile UFC will start in Jan! Seems that everyone is waiting for something to happen and for some new morsel of information, but nobody is able to come up with anything.

Not sure how much longer we can withstand this situation or recover from it after the dust settles in Nov.


Oracle is new Meta/Amazon

Many people join companies like Amazon and Meta not to stay long-term, but to get a powerful stamp on their resume. They know the high-pressure environment means they can't last, but the initial stock and the brand name are worth it.

I saw this firsthand at Meta. The system is brutal: a performance review every six months and a yearly evaluation that lets go of 10% of the workforce. Despite this, people still join because that “Amazon” or “Meta” on a resume leads to bigger salaries and more stock options elsewhere.

Oracle used to be a different story—a place with good work-life balance but lower pay. Now, with its focus on AI, the pressure is on to cut costs. The plan is to lay off 10% of each team every six to twelve months. This makes it a risky place to be.

This instability is a huge problem for many H-1B visa holders. Constant layoffs can prevent them from applying for their I-140 or Green Card, putting their future at risk.

No longer look for WLB. Just focus on salary, promotion if not run.


R&D foods status? Denise?

Hi. I’m a fairly new employee joining R&D and I’ll admit I’m a bit shaken by the Denise and Rene news. I guess I’m still kinda figuring out the corporate bs from
Reality but I thought Denise and Rene seemed like they were really loved and big advocates for R&D?? Is that not the case? I thought I was doing right by


So will the cuts reach 10%?

It’s so difficult to catch one or two actual pieces of information among all that completely unnerving corporate fluff. Here we are, having no clue about what will happen with our jobs, and we still have to listen to inordinate amounts of meaningless words. It’s disrespectful, at minimum. How about they lay out the details like grownups, so we can start scrambling for alternatives and backup plans?


Predictions for next week?

Now that they have everyone moved out of Bld B., is it going to be a cloaked bloodbath?

Or, have the adjustments already occurred, and next week we all just get offer letters, no big deal?

And, what has Mr. MistMan been hearing from all his time in the room with the other high-level doers? (ha ha ha, what a tw-t that guy was)


I hate the wait

It'd be great to know what's going on. With some people saying it's started and others claiming nothing is happening, I'm starting to get a headache - and I'm not even going to mention my productivity for today. Some clarity from leadership so we actually know what's true would be amazing.