#uncertainty

All rumors points to the second Tuesday of September. Will report back what I learn around me on the learning day!

Incoming new hire here. What’s the current culture at Citi within HCOL offices in the US? Specifically NYC/Boston offices? Is the whole bora bora project (mass layoff) still going on?

"Another round of layoffs expected to impact 10 to 15 percent of our workers must be completed by November in order to meet our dividend needs."

This was told at the director's meeting this evening. When will this stop?!?

Will there be cuts in EMEA? I haven’t seen anything so far and me and my colleagues are freaking out. I’m talking about ops mainly, in the GIUs (which apparently are not called GIUs anymore)

I was going to apply for a job in that group but second guessing because of instability being caused by mass layoffs.

People just want to be told what the plan is. The company should just quit with the management speak and tell everyone what the plan is. They want attrition right? Maybe admitting what the future looks like will help some people on the fence decide to leave.

Are we all done for this round? Or do we have more days of stress remaining?

Myself and a slew of members from my team. (But not all of them are from my team, and not all of my team was invited).

My assumption is either: "Changes are happening and you were not affected, but we're sorry", or "You were affected by these changes and here's the next steps."

When will we know about benefit changes and when will layoffs begin? Some of us will base our futures on this information!!

With Tuesday being the big day? Just want to make sure I’m understanding this right.

So like. Are we actually expecting layoffs, or did that guy just shout "fire" in a movie theater for kicks?

Over the past two years, Dell has fired more than 30,000 employees, with waves of layoffs continuing to hit the workforce. At the same time, top executives are frequently selling off their stock, raising concerns about confidence in the company’s direction.

Inside Dell, sweeping process changes are underway, but few employees know what the endgame looks like. The lack of transparency has created an atmosphere of fear and speculation, leaving morale at an all-time low.

Some employees are even speculating about the possibility of a voluntary separation program as an alternative to ongoing layoffs. While many doubt Dell will ever offer such an option, the fact that it’s widely hoped for underscores just how deep the uncertainty and anxiety run within the workforce.

Michael Dell himself has a reputation as a cut-throat businessman who prioritizes profits above all else. While that approach may appeal to investors in the short term, it raises questions about the company’s long-term stability and its commitment to its people.

As Dell continues to navigate this turbulent period, one thing is clear: uncertainty reigns, and the human cost is mounting.

It's about to get nasty. Big wave coming.

Teams were running on fumes when I was there, and I walked away two years ago. Who are they planning to get rid of now?

All the layoffs currently happening are outside of the U.S., right? I was under the impression we'd be safe at least for a while before we're hit again. Was I wrong?

It’s a no-brainer, really. I just hope cuts won’t be massive. Most of us need this job, no matter how little we like it or how underappreciated we feel.

Anyone got any ideas if Liverpool is to remain open? Lots of uncertainty at the moment.

Tomorrow or next week?

Does this mean layoffs are completed for Mike Sicilia’s org or could we possible have more layoffs until town hall?

This is the next meeting where they talk about the new portfolio model and yet, there is no info on what the structure will actually be. Will we be notified only on 9/3 if our leaders were let go?? The layoffs on 9/3 and the portfolio model must surely be the same thing?

Does anyone know? We’ve been stuck in a constant guessing game for weeks now.

I took VSP and will be gone in ‘26 Understandably I’m far less important right now than everyone else who’s getting meetings or emails about their fate My heart goes out to all of you I’m wondering if / when VSPs will bear anything at all I want to be here for the people I work directly with each day and I’m hearing murmurs of impacts. But I’m at a complete standstill right know - I have heard crickets this week To spite everything around me being shifted - I haven’t had a meeting an email or anything And my work is at a complete stand still because I don’t know what’s happening with all of my peers - crickets

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.

Indicator for your org is usually the all-hands, it is typically scheduled after lay-off rounds are complete. They are never truly complete though, but may be paused for 6 months, a year if you are lucky.

For instance, Chris' all-hands in Fusion is second week of October with universal agreement that firings will start on September 2nd, so they will go for 5 weeks.
OP: @a7+1k3kjayrf

The company said it would encourage the affected employees to apply for open roles, which could lower the final layoff figure. The cuts are out of a total workforce of 15,638 employees as of last year.

https://www.sfchronicle.com/bayarea/article/intuitive-surgical-robot-maker-layoffs-sunnyvale-21016652.php

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?

If not, I afraid there will be another mini wave

If you think it is, you're being incredibly naive. We'll get a month or two reprieve before more cuts are announced. And that's how it's going to be from now on. The writing's on the wall, people.

Those who survived this round, are you feeling relieved? I'm not, at all. Number one, I still can't relax, even though I know it's over for now. And number two, since I know there'll be more down the line for sure, I don't feel any safer than I did yesterday. So not much of a change.

Basking in uncertainty?

If some teammates have already received their notification, can the rest of us consider ourselves safe?

If you believe your role is untouchable, think again. There is always someone ready to take a position for less and the company will not hesitate. It is better to accept that nothing is guaranteed and plan accordingly instead of assuming you are safe. Disney is not the same company it once was.

I understand why people are stressing, so am I. But if I had to choose between getting into work and learning I was laid off and having at least some warning to be able to prepare myself both mentally and in other ways, I'd chose the second option. Neither is good, but being blindsided with layoffs still seems worse to me.

It’s not just that our manufacturing could take a hit. Agriculture is already struggling, demand has been going down steadily, and purchasing power is clearly slipping. A lot of folks are holding off on buying or investing simply because there’s so much uncertainty. All of that is bound to affect us down the line. And that likely means more cuts, more layoffs, and more of us out there looking for work. It feels like we’re sliding into a vicious cycle, and I’m worried about what all that will mean for our jobs.

Welp found out my office in Austin is closing. Not sure there plans. Will they force us to infinite, will they force us to move to KC ?? I hate the uncertainty.

It sounds like layoffs are happening across the board and by the numbers. Good luck to all of us.

Wishing you the best of luck. It’s starting to feel more and more like silent layoffs may be underway. Hoping for clarity soon. Take care, everyone.

Does renovations like replacing bad carpet and other neglected parts of the store mean that the store is safe? I only ask this question even though it seems like an obvious answer because I’ve seen and heard reports or closure rumors of stores with these said renovations.

I mean financially it doesn’t make sense to me to put money into a store that you’re going to close anyway…