Thread regarding VISA Inc. layoffs

Managerial Structure

I saw information that the number of reports under a manager is being reviewed. Any news? What does this mean?


by
| 4491 views | | 14 replies (last October 6) | Reply
Post ID: @OP+1k5y15hpa

14 replies (most recent on top)

Nothing says merry Christmas like a festival reorg. Ho ho ho, everyone!

by
| | Reply
Post ID: @1zw+1k5y15hpa

Any manager must have a spam of control of 8 to 12. Any less and you should think about how you change this.
If you are in PD, you must also be developing code.
Lots of roles will go at end of year

by
| | Reply
Post ID: @1tb+1k5y15hpa

Tons of people have been let go at Visa. I would want to see the numbers and have it posted.
Folks would be shocked at the numbers.

by
| | Reply
Post ID: @1pz+1k5y15hpa

@120 it’s called Karma. That’s what really happened. You let good people go in November of 2024 and protected people who you liked and shouldn’t have been in the department to begin with. Has nothing to do with diversity.

by
| | Reply
Post ID: @1py+1k5y15hpa

I know of several people who were let go in November 2024, for no reason. No write-ups- one even received an award for outstanding work. Senseless. But others were protected in CIT and really shook the department.

by
| | Reply
Post ID: @1px+1k5y15hpa

@120 Both of them were diverse (Indian and ...)

by
| | Reply
Post ID: @19m+1k5y15hpa

@bz respected? When you get to your position by threatening diversity, you lose a lot of respect . Take it from me…I know a lot about that.

by
| | Reply
Post ID: @120+1k5y15hpa

@10p ...similar situation here. Not sure where or if there's growth oppty anymore.

by
| | Reply
Post ID: @11w+1k5y15hpa

@10p most have been laid off in this horrible job market and others are afraid of being let go. You’re asking for advice to get a promotion? How sensitive of you. That might be something to discuss with your manager or higher if you dare.

by
| | Reply
Post ID: @117+1k5y15hpa

I am a senior manager whose role has expanded considerably this year. I was hoping for an expanded role promotion in the next year. Is that not in the cards now? What does justification look like now to get to Director level?

by
| | Reply
Post ID: @10p+1k5y15hpa

@OP It's the continuing effort by our consulting house CEO to remake the company to have a very defined hierarchy with a few higher level positions and the rest lower paid "manager" positions. Cleaning out most Directors. A lot of Sr Directors will be next...all backfilled by lower cost Manger and Sr. Manager positions, none of which qualify for equity stock as a part of their bonus structure.

by
| | Reply
Post ID: @x0+1k5y15hpa

October is upon us so that means if there are layoffs, it’s likely coming soon. Also annual reviews are coming so they will make up fake bad reviews just to put in your review if they want to lay you off.

by
| | Reply
Post ID: @sa+1k5y15hpa

two well known respected were axed

by
| | Reply
Post ID: @bz+1k5y15hpa

I imagine for a similar reason as last year, where, in my division at least, any people manager who did not have at least five direct reports was axed.

by
| | Reply
Post ID: @a6+1k5y15hpa

Post a reply

: