An email from CEO from an hour ago announced 2600 roles eliminated across company, mostly among Technology and Product teams, representing about 7% of all roles in the company
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CMS affected, at the more "expensive" cost centres. There's about to be a lot more racism I fear.
Yes, product teams in FC and SF were impacted.
any product team in SF and Foster city office are impacted? i will be joining a product team in foster city very soon. should I just stay in my current company and withdraw my acceptance? Thanks
@d9 yes, noone has been spared
anyone from IRE?
@d6 pocket change compared to other CEO. He can even pay mansion mortgage and taxes
Ryan Mclnerney Chief Executive Officer at Visa, received a total compensation of $31.56 M in 2025. Rajat Taneja President, Technology at Visa, received a total compensation of $22.67 M in 2025.
These are the ones laying off people.
Which teams in London are impacted from what you guys have heard?
@a6 some people in london found out today
@b6 vas is impacted as well. We haven’t received any information yet, however.
How is VAS? Is it less likely to impacted by Layoffs?
I know someone from product was let go from the London office
Any updates from Germany?
In Poland we will know in 2 weeks, because by the law company have to first make consultations with employees representatives
The whole Rotterdam Team in the Netherlands is out.
@a6 any reason why London will only know tomorrow? I would think emails will be going out today?
I'm at the London office, we'll know tomorrow
Any news in London, i will be joining them soon
Anyone from london?
Any news about London?
Warsaw team got an email for an all-hands meeting with the leadership, probably it is impacted too