Heard another one in Aug, anyone else heard the rumours??
19 replies (most recent on top)
If you have any job leads, please post them, thanks.
@10x what do you mean they are the best and know what they are doing!
The good old days are over. This place is basically a global nursing home, with people in India quietly milking the company while working remotely.
Heard from 3 separate people on the inside, with a lot of confidence, that a reorg and layoffs are coming in the next 1-2 weeks. And now there've been a few leaks that back that up, so this isn't just rumors floating around anymore. GF's Q1 2026 financials have a line item called "Structural optimization" That's classic corporate bullsh-t speak for "we're restructuring," and it usually shows up in the books before anyone tells employees officially. When companies gut the top of the org chart like that, it's usually a sign more reorg is coming down the pipeline. Their next earnings call is August 5. That's exactly the kind of moment where companies "coincidentally" announce restructuring. Either on the call itself or in the days right after. This isn't just a vibe anymore. The paper trail and the insider info are pointing the same direction. "Get ready now," not "Wait and see." Just a stranger on the internet so do with that what you will.
Another year, another layoff!!
If you were given low ratings for your mid year good luck to you.
@10n what’s with the leaders in packaging?
The leaders in packaging are the best!
Shouldn’t they do it before the earnings call? So as to boost up the stock price
So what you recommend is- smoke 'em if you got 'em?
Hearing a few weeks. Anyone else? Already seeing some substantial re-organizing and leadership changes/layoffs. There’s smoke on the hill.
@v0 is 5% this time??
@OP I’ve been at GF for over 10 years and have never seen attitudes this low. 5% reduction. What a shame.
@e9 The managers here take their responsibilities far too lightly. Whenever an issue arises, they mechanically ask the same questions from the same template, like robots.
who is on the list?
@OP Hearing mid August. Share price is still higher than the past year. Can’t imagine what it’s going to look like when the AI rug gets pulled. RIP.
3rd week of August. Expect layoffs. Eliminating managers managing managers roles is the priority. Business unit and not region specific.
end of Q4
Give the previous post below a read- you may become enlightened.