Silver linings and all that.
18 replies (most recent on top)
@bk They don't usually do it that way. They usually lay you off and continue to pay you through the warm period so that you're basically an employee for the entire time, but you can't login or anything. Long story short they cut your access, tell you you're gone, but you're technically still on the books for the rest of the notification period.
@bk “record savings” aka terminations coming Q1 2027
We are told Cigna is struggling yet Cigna but Cigna has the funds to purchase 28B of their own stock first 8 months of 2026 so David and Blackrock and Vanguard can make billions.
Manipulate the stock so the top 10% get rich while they fire the people actually doing all the work.
Makes perfect sense.
@bc so the 60 days is literally what the federal government requires them to provide for the WARN notification. So if it is going to be actual “lay offs” then yes they would have to provide WARN 60 days ahead.
Also, saying it would be in February just means we should start looking for the WARNs around December and early january
Heard rumblings about budget issues amongst the org I am in, so this lines up with them getting rid of employees, surely to be filled by offshore. Earnings in 3 days, would not be surprised if they say record profits!
2 things.
The layoffs will likely be in mid February, so no warn notice needed.
They do a 60 day notification period which nullifies their warn responsibilities.
Says who? There’s no guarantee of that…
@ag I heard VRP to be offered again in Jan/Feb of 2027. We'll see.
This can’t be considered “lay offs” or they would’ve had to put out WARN notices ahead of time. So they must be calling these “job eliminations”. Fun times.
@aa nope
@a8 I keep hearing 11/12
No one is safe
My SVP said there will be no VRP this time.
@OP I wouldn't think so. I think they will do layoffs at will - a definite 1 more in Nov and another one possibly in Dec. It would be nice if they offered VRP again this year.
@ac They already did several rounds of voluntary retirement offers. There’s not much juice left to squeeze there.
Maybe they will offer early retirement so they have to lay off less employees who need to keep their jobs
According to past posts seems there will be more layoffs next week. Maybe smaller than the ones starting in 2027? Who knows, bad news all around.
The last weeks of 2026 will always be remembered as the golden era.
😂