Rumors about more layoffs are intensifying, should I be worried that there's some truth to them?
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Major riffs in Q2 especially in Bloated IT Org. I guess this new CIO too busy eating, she ain’t going to last..appears to be lost all the time and doesn’t care to know sh-t happening around her own Org, I guess too busy collecting paycheck and ki-ling time until LTIs are vested and then move on.
In the next ~2 months expect another round of layoffs in high cost centers (like the US) to move to lower cost centers (like India). First up is the remainder of IT and another R&D movement.
I haven't heard of that rumor. I think it is silly to do another round of layoffs. We're overloaded with work as it is.
Just wait until they move R&D to India.
IT phone support is now going to be outsourced just like local support has been so yeah lay-offs there are going to happen
Always stay worried. RIFs will be coming
Baseless. Expect pressure in the bottom line in Q4. But who doesn’t see that coming given earnings.
Yeah RIFs are coming but it will be directors and above.
Nothing from my campus, just the basic "why is RTW not working as required" possible they will become victims of the next RIF, IDK
I haven't heard cr-p, does anyone have any actual info? I am not talking about low level worry warts. Using I have some insider knowledge but nothing at this point so I'm surprised... Unless it's just people worrying for nothing
Yes musical chairs, hunger games, back stabbing all over again; Rinse and repeat..
Yea, expect layoffs on a semi-annual basis moving forward. Sadly, they are already doing the rounds asking which heads should go so they can rehire them in lower cost geographies.
Don’t know where you are, but They will move roles to India very soon, so yes…more layoffs are coming…
Wouldn't surprise me if the stock continued to go down.