Anyone know why the CPO was fired? I had a meeting scheduled with him that day and next thing I know it’s canceled abruptly and a communication goes out that he’s no longer with the company.

In the past, questions have been asked about the illegal DEI push and layoffs of senior level, middle-aged, white men. Someone has now sued. To those that have considered suing, I suggest you contact the law firm in the... — read more 

I overheard a very trusted employee telling another employee that the majority of the phishing and scam emails are an inside job. They are from disgruntled overseas ally/foundever employees. Not just terminated employees, but employees still working... — read more 

Ally has managed to discriminate against white males over 40. Layoffs with many promotions of mediocre staff since releasing those who knew the most. Not doing it right.

A Lot of talking about "A.I." ... better than talking about LAY-OFF !! ^_^

At this point I am hoping some of you will say yes, just to push me to leave this place already.

How were bumps and AIP this cycle?

This move isn't surprising at all as Ally started to make a ton of noise in the home improvement space. It makes sense to boost our stock px and Synchrony is salivating to get their products into the banking vertical. I love how the message since the... — read more 

Ally Lending employee here. Wondering if I’ll get lost in the shuffle. Synchrony seems like a nice place to work (ranked #25), but I’m worried they won’t have a place for me. Anyone have any info?

Seems like Ally is using Annual reviews as a way to justify why you won't get any hikes and bonuses if there was any to pay after the tight budget announcement. HR has been super active and giving arbitrary policies as double dipping etc as valid... — read more 

What do you make of DM leaving?

There are many better companies that treat employees much better than Ally. All the people I know who quit in the past few years still think that's the best decision they made career-wise. I've been looking for about a month now and as soon as I get... — read more 

Will layoffs continue next week?

For those laid off, were there any red flags prior to layoff. The red flags that I am seeing are: All work are being outsourced or done by the bot. Just a few months ago we were so busy we were overwhelmed but now work reduced by approx. 90% .. — read more 

Just a rant in 2022 I was given a verbal offer from HR saying they will be giving me an offer and with no salary talk. But ask me how much I wanted. I asked for 100k due to the fact I was a senior engineer at another financial company and trying to... — read more 

It’s gotten very quiet after the first round of layoffs… I know the email stated that more could happen in DFS in early november.. do we think that’s going to happen?

Ally relies a lot on the retail auto loan market and caters to subprime customers (bad credit) through dealer relationships, Carvana, Echopark etc. And the National auto loan debt has now surpassed Student Loans and defaults have only been creeping... — read more 

This could have been handled so much better and with much better communication. It just goes to show how unimportant we are in the grand scheme of things for those in charge.

Is it just me, or does it feel that number is underestimating the true scope of this layoff?

https://www.reuters.com/business/finance/ally-financial-lay-off-nearly-5-staff-2023-10-02/

HR management at ACC here: Despite what JB has said, high level planning is ongoing to see what additional cuts would look like in the spring. HR support personnel have been drawing up plans for additional cuts, having them ready to execute should... — read more 

⬜🟥🟥🟥🟥⬜⬜⬜ 🟥🟥🟥🟥🟥🟥🟥🟥 🟫🟫🟫🟧🟫🟧⬜⬜ 🟧🟫🟧🟧🟫🟧🟧🟧 🟧🟫🟫🟧🟧🟫🟧🟧 ⬜🟧🟧🟧🟫🟫🟫⬜ ⬜⬜🟧🟧🟧🟧⬜⬜ ⬜🟫🟥🟫🟫🟥🟫⬜ 🟫🟫🟥🟫🟫🟥🟫🟫 🟫🟥🟧🟥🟥🟧🟥🟫 🟧🟥🟥🟥🟥🟥🟥🟧 🟥🟥🟥🟥🟥🟥🟥🟥 🟥🟥🟥⬜⬜🟥🟥🟥 ⬜🟫🟫⬜⬜🟫🟫⬜ 🟫🟫🟫⬜⬜🟫🟫🟫

Guess we will hear more soon.

heard news from the grapevine a few weeks back, but confirmed yesterday. RIP and for future techies, stay far away.

It’s interesting she was given so long to continue working here. Was it general subpar job performance or something more dramatic?

March 24 (Reuters) - Ally Financial Inc (ALLY.N) has hired Russell Hutchinson from Goldman Sachs (GS.N) as its chief financial officer effective July 3, the company said on Friday. Hutchinson has spent two decades working in Goldman Sachs's... — read more 

We're going to be just fine. I know everybody is nervous right now and with every right, but stressing over something that is 99 percent not going to happen will only do you harm. Just focus on your work and try to ignore all outside noise. I know... — read more 

Heard from my manager that I should be prepared for a closure tomorrow? Anyone else hearing this???

I am aware of a few layoffs today. Wondering if it's part of a larger layoff? Anyone else hear of layoffs today?

Which departments are particularly affected?

Employees have started to be laid off this week and it's just the start. Be safe everyone!

What do you think, are they gonna have layoffs again in 2020?

They are sending work to OCA. Letting go managers and about 45 people on ARC department in Lewisville. Glad to finally leave this back stabbing company!

Rumors are starting to swirl about headcount reductions around Nov-Dec 2019. Again, older employees with be the target of the forced retirements. Some have already started in the companies commercial lending group which handles medium/heavy duty... — read more 

The writings are on the wall...there are more layoffs to come...will post with more details later...

I’ve seen a few coworkers passed up for a promotion despite showing initiative, dedication and excellent skillsets. Instead I’ve seen these promotions given based on nepotism and favoritism. How are we supposed to have career growth when the way is... — read more