PPD and DAP layoffs happening. Heard there could be round 2 layoffs in a lot of areas in Oct/Nov time.

Notice from Mark Cahill tonight about layoffs in PPD. Anyone know who/what roles all are affected? Maybe primarily Austin roles, as he was in Austin this week. Could just be a coincidence.

Now happening in UK offices, unannounced layoffs in multiple areas, primarily those not writing computer code from IT related areas. Thinning teams out without the prolonged UK redundancy process. Being kept quiet, no announcements to colleagues... — read more 

They opened a new center in Poland. Removing low performers globally to staff that center Also, they want not keep only those who code. So if you are PMO or whatever you do and you don’t checkin code, you are next Too much fat in the technology... — read more 

I was laid off this round. Doesn’t look good in the wild. Any advice, or ideas?

At least for a while? Or there is more to the rumors that we can expect turmoil for months to come? If we are not done, it would be decent to give us heads up this time.

I believe yesterday was the last batch of layoffs. Interesting enough, June 6,2024 was the ribbon cutting grand opening Mission Rock office - Big party celebration, food, drinks, catch up with colleagues and following week mass layoffs, bitter... — read more 

I'd like to know if older employees were specifically targeted.

Sounds like higher ups intend to layoff at a scale similar to when the company did layoffs in 2016. Belt tightening has been holding off the inevitable but now does not seem enough. Everyone should be asking their managers for more information so... — read more 

Or these rounds conclude this week?

I can see from comments and hear from my colleagues that layoffs are across the board, with older, more experienced folks disproportionately being let go (stupid, but hey). Do we know if it stops today or if more is coming this week? Can’t wait to... — read more 

A little birdy told me Visa corporation in Austin, TX is doing mass layoffs this morning. Be prepared.

Visa is laying off Recruiters today as they want the org to be all VPs and Directors. Looks like they are targeting older employees which will be interesting.

Visa is currently laying off contractors, not sure if it will escalate from there.

Barrons coverage, paywall removed: https://archive.ph/dp0mf

https://www.drucker.institute/2021-drucker-institute-company-ranking/

How was cs viewed at Visa? Did morale go in the toilet while he was there? Did he leave a mess when he left? Inquiring minds at another financial company want to know.

Which org do you think will be impacted in 2022? HR? Tech? What are your predictions?

Just found out they dumped all our old favorite security guards for a new security company and new young guards. Oh well life goes on.

Who's getting cut in March?

From BNY Mellon and now Wells Fargo, seems like Charlie Snarf's MO is cut costs (jobs) at all cost?

All contractors will be laid off due to CoronaVirus at end of April. Oddly, Visa is not even making losses, but has revised its profit growth from 11 to 8.5% . Anyways it is what it is.

Some of the management people at Visa lack leadership, integrity and dedication necessary to properly run a company. I’m sure it’s not like that in all departments however I find it to be very true in mine. We have managers who won’t give credit... — read more 

Visa used to be a company that I enjoyed working for but I moved on because of a few employees who were hired from outside of the company for positions that should have been made available to current employees. Instead of promoting internally, which... — read more 

Just got word the cuts continue. Anyone have more informations?

Has anyone been contacting the atty? Has the atty indicated how many have called him? Anything else you can update about?

Management didn't bother to wait until March like everyone previously thought. Layoffs are happening now with almost entire teams being let go. Happy New Year from the "Employer of Choice".

Many on a list, so how many are reading this site and posts? Has anyone 40+ age range and long years of service with Visa contacted the lawyer mentioned in another post?

have you seen the number of jobs that Visa is posting in Austin TX? https://jobs.visa.com/go/Jobs-in-Austin%2C-Texas/373003/?q=&sortColumn=referencedate&sortDirection=desc

Wondering how people who were laid off have been treated for their FY2016 bonuses. I would avoid mentioning anything specific on here, but I just checked mine and it is a huge disappointment. Much less than expected, and expectation was in line with... — read more 

I've seen many posts on this site referencing the recent layoffs disproportionately effecting older (40+) workers of good caliber. It is against the law in the US for any employer to dismiss employees based upon age. While it can be difficult to... — read more 

Most tech org. Is filled with ex pay pal folks - who were probably shown the door by pay pal - incompetent folks - all of whom have a silent coterie - they are not expected to work - all bonuses are pretty much controlled by the coterie - rest get... — read more 

Take it from an employee been with Visa before it went public. Not even a good look on da resume anymore.

Although the severance package was good, actually really good, the large number of people over 40 does make you wonder. Also, on the listing of 300+, only about 60 said they were "Eligible for Severance". Why such a limited number? I thought everyone... — read more 

It seems people were cut based on criteria unrelated to their work or the need for their skills. In one particular case, a person was cut who has an exemplary work record (15 years at VISA) and does a job that literally nobody else does. It is the... — read more 

I got laid off last Tuesday (one of a two day process) as part of the big re-org as did over 30% of my team. Overall I hear the rumors that 800-1500 people across the globe were affected. Decent package but the choices of who got laid off were made... — read more 

Another long article on the Visa layoff debacle - Source: http://www.bizjournals.com/sanfrancisco/news/2016/11/01/visa-layoffs-fintech-payments-credit-cards-debit.html TITLE: Visa slashes hundreds of jobs as it digests European acquisition Layoffs... — read more 

What do you think in general? Charlie leaving and Al joining, business as usual?