I mean, they've been cutting consistently throughout the entire 2026, I'm hoping they cut everybody they wanted to for the year. Am I being too optimistic?
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@13p good advice.
Hello All,
Use that WFH time to apply/interview for roles in a company that will respect you, pay you what you deserve and nurture your career - you owe it to yourself.
There are people at this company who do not have the knowledge or qualifications to be in the position that they are in and believing that you can overcome this somehow is naive bordering stupid.
Dont be afraid of applying elsewhere or think you have nothing to offer, its not true and there are plenty of better places out there.
@116 What were the buyout terms?
I know of 2 people personally that were offered buyouts.
@x5 Sad, the plan is probably continue layoffs until they get to the headcount down through 2027. they will be doing monthly layoffs this way as buyouts are complicated to negotiate by HR. they rather cut people out fast to avoid the press.
@OP, There were layoffs in the last 2 weeks in CT, NY and NJ offices across the WIT, Funds Services and IT groups
@s8 I don't think they would offer buyouts. they are offering 2 weeks pay for each year at the company based on the thread. No room to negotiate with this many people.
Why not offer voluntary severance packages, like many other companies do, with 6 to 12 months of salary? It would be a win-win for everyone.
No, it will continue with one to five layoffs per group. The ones that survive will be let go eventually too. headcount is expensive and bottomline is more important than morale.
@OP I don’t think it’s done, even though I’m not sure how we can continue to develop software when they’re cutting all the team members, unless a lot of corners get cut. Guess I’m expected to work 80 hours a week instead of my ‘normal’ 60.
Depends if you count contractors or not.
They just started consultation for mass redundancies in the UK (blue prism) maybe that's the last one of the year.
@OP Most likely is cuts will continue through 2027. they are shedding headcount to make the expenses decrease in the long run. Expect monthly cuts until they reach the number they want.
It's a good question. I'm still worried.