It seems like this is not the last round of layoffs. Prepare for further organization changes within the year…

Every two years, coincidence? Lets see how many will be cut in year 2028

Whatever you just saw was 7%. No where is that anywhere near enough for whatever Visa is trying to achieve as part of the 2030 strategy that is constantly being touted. Layoffs will be an annual strategy moving forward. More offshoring to lower cost... — read more 

Any news for UK?

Got this from someone who was laid off. Decision was made based on: 1) retention cost (those who have not been promoted for a long time in the same position, or those close to retirement age) 2) performance reviews from last 2 years (NS = chopping... — read more 

No chance of more cuts before the end of the week?

Losing experienced employees on account of outsourcing and bringing on cheaper recent grads who have no idea what they're doing. All the experience is getting kicked out and somehow they think this place will continue functioning in the same way... — read more 

I know these are difficult times. To keep this thread useful, please comment only if you or someone you know has been laid off. This will help others understand the impact across teams and regions. Please reply using the following... — read more 

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

Hearing that SG layoffs will be in full swing post earnings call. Will affect both product and tech.

This place is on life support and has been for a while, and management keeps unplugging the machines. I've watched entire departments vanish, and the work just gets dumped on whoever's left. The collapse won't be dramatic - it'll be a slow, painful... — read more 

My friend in India just said that HR has paused the vehicle leasing option anticipating layoff in July. Eligible emp has to raise some ticket to get confirmation - if you r in list or not... Raise and find out This is not applicable in US region

I used to worry about layoffs occasionally. Now it's all the time. I'm exhausted. I'm thinking about job hunting even though it'll be tough at my age.

Replacing Visa and MC with a local alternative could hurt us majorly. And we all know it's not those on top who'll pay the price, but the rest of us. I've been so nervous about this since the news first came out.

A long time well respected veteran retiring ...an unqualified minion chosen = disaster waiting to happen

Anything yet?

Given recent townhall. The idea of shifting from engineers and managers to AI Builders as a blanket term to cover both engineering and managers as one. How are others feeling about this? Shifting team sizes to teams of 2-4 with a goal of trying to... — read more 

This treatment of depression staff has happened under Ryan's watch, and Rajat Taneja is complicit. It was never like this with Al... remember the lockdown tears and family-vibe he instilled? Now a climate of fear. Question is, is it purely down... — read more 

How worried should I be about the coming days/weeks?

Layoffs in Corporate Information Technology Visa executives should be ashamed of how they handled these layoffs. Just weeks after celebrating record earnings and profits, they sat behind scripted talking points and treated people like disposable line... — read more 

Heard of several layoffs in CIT over the last 24 hours. First in the US followed by Bangalore and other regions after. People tech, DES, CTS. Mostly directors and managers but also heard of some ICs. No idea if it’s over but surprised to not see... — read more 

That's the whole story.

Anyone else hearing rumors? Over-hiring and the big investment in embracing AI is starting to play large parts in our daily roles. Anyone else hearing the same?

many poeple have been let go recently but heard there is a plan to shut down the office . can anyone confirm it

Word came down this week in Denver that some NA CS jobs are moving to Toronto or Bogota by end of year. US employees will be onboard until end of year to train the replacements in Toronto/ Bogota. Are any other areas impacted? Product, Tech? How... — read more 

For anyone in North America offices, how likely is Visa to layoff junior engineers?

the title says it all. I was given a good severance and a 2 months grace period (!!) though. Looking internally for roles but also bracing for external. No theme for my post, just wanted to put that out there.

Anyone has more information ?

Heard massive layoff coming in CIT

I keep hearing that O&I will be getting more work done by outsourcing companies which likely means less hiring. Does that mean more layoffs? Anyone has any information?

There’s a lot of chatter that the Center of Excellence in India isn’t going so well. Work that was moved there seems to be having issues, and U.S. teams are frustrated with the quality and follow-through. I’ve also heard leadership may not be happy... — read more 

because the disciplinary letter did not work, manager suggested to look for other opportunities since her entire team department got wiped out...

Heard layoff in Bangalore which happened in NOV was targeted NS and particular org???? Same people under the org in US also were impacted.. but severance was decent itseems.. any idea if it's true????

She's been 15+ years, disciplinary letter = fired. Badge reports gets run every month