#company

Whether J is quitting in the last quarter of this year from ACN? Lots of rumors in the Stock market world going on around this topic, after the huge crash on last Monday

Elastic, a data-search company, plans to lay off approximately 281 workers. This decision aims to reduce operational complexity. Executives cite AI automation as a key factor. The company still expects net headcount growth. This growth is projected for the current fiscal year.

San Francisco, California

https://www.bizjournals.com/sanfrancisco/news/2026/06/24/elastic-layoffs-ai-search.html

Don’t normally attend these monthly calls but decided to tune in today. Well that was an hour wasted. Mainly insufferable people droning on in corporate speak about absolute BS. Main takeaway was hearing that 400 UK staff are on a PIP? Is this bell curve requirements, something for middle managers to do, a tick box exercise or all 3? Oh and not a word about pay review.

Has anyone or ia any experiencing the AP and front coach moving to one coach. For both? And overnight coach going to one coach?

https://www.elastic.co/blog/ceo-ash-kulkarni-announcement-to-elastic-employees

7% layoff of global workforce has been announced

Since my last post got deleted, I won't go into specifics but the Londonderry office is a disaster. Lots of managers and senior people leaving. Morale extremely low.

I have worked at 4 other places in my career and the negativity flowing through this one is the worst. Please avoid IVS.

I guess, after Romania, someone else gotta be next

I dont care about Wall Street analyst and media hype.
I am curious about what folks in the trenches think.

This board has spread more rumors than Fleetwood Mac! Some of them may even turn out to be true.

The B levels in my dept all got fully remote status a year ago. And the C levels got an increase from 2 to 3 days in office. Anyone know why this is? I thought at some point C levels would get remote status too.

Not giving much details (not that I have many) but have any other orgs received meetings with SF and others tomorrow/this week?

I’m tired boss.

And this is why one of the reasons they won’t end DSD. Because at the end of every month they can pump in a lot of nonsense on all these orders, as with warehouse they’re not going to be able to do that. So now we’ll be back to pallet and backstock in a bunch of random things that we don’t need that the company is going to say we don’t want the stores to run out so it’s for their benefit same stupid sh-t over and over again.

Just received the Centene voice survey email. What a frickin riot.

What is happening with union efforts? Haven’t seen any posts here in a while talking about new branches, contracts signed, etc…. Whats the dilly?

HP laid off the handful of people who post here.

https://www.nj.gov/labor/assets/PDFs/WARN/2026_WARN_Notice_Archive.pdf

Looks like 8/7 and 9/18 are the layoffs

Good luck!!

Do you know someone who has?

What could go wrong...?

Organisational announcement only... for now.

That's the rumor I've been hearing, is it true?

They are a failing company thanks to their own doing. Offshoring to India is going to run it into the ground even more. All they care about is the money they line their pockets with. There has been a steady and steep decline to every company that GP touches- in all realms. Profitability, benefits, work life balance, employee retention and satisfaction, etc.

Why wouldn’t gp cut McKinsey loose at this point? It’s known that consultants throw spaghetti at the wall and hope something sticks. But thus far, nothing has even marginally improved by retaining them.

I certainly hope gp is shopping around their vertical markets to sell to keep gp afloat. I do not foresee gp being around for much longer at the rate things are going

Well said, @bm+1kt6r66mv.

Do you think with these layoffs happening, that someone will buy or absorb centene? Just was curious would that happen

Yesterday judge allowed lawsuit to advance against Fiserv. Massive F*up by DW under his Product watch!!!! And, he gets to keep his job!!? So motivating to work for Fiserv promoting these losers!

What areas and products were hit?

Or is it done throughout the year and is person-based? We had a PIP season in my last company, and it was seldom related to performance. I'm just wondering if it's the same here.

It’s a 💩show. Whos about to be canned?

iHeartMedia has begun a new round of layoffs affecting dozens of workers in its local radio broadcasting units, The Desk has learned.

The layoffs are part of a broader restructuring promised in iHeart’s first quarter (Q1) financial earnings report earlier this year.

https://thedesk.net/2026/06/iheartmedia-layoffs-new-round/

Can we relax, or will layoffs continue today?

By the way get ready for another lay off by the 29th Monday.

Is this true?

I heard that they have already rented the stantec building in Edmonton.

Any new updates what's the next move?

Cisco just sells the hw & sw. Not responsible for what customers do with it.

https://www.supremecourt.gov/opinions/25pdf/24-856_kjfm.pdf

liberal loonies dissenting obviously

Got an email that a parking deck is closed all day due to an incident as well as entrances by that deck. Anyone know what the incident was?

Has anyone heard anything about the dedicated teams? Like those who work for BOA or TD,etc. some of those were re-badged but anyone know how they’ll handle it this go ‘round?

WTF. A pre-recorded call to let people go is the most cowardly way to treat employees.

People have given countless hours to this company, and this is how they’re repaid? The company is clearly going downhill if this is the standard of leadership and respect being shown.

The very least you could do is thank people for their contributions and explain why these decisions are being made. Instead, employees are treated as if their dedication meant nothing.

Stephanie, Bob, and TPO should be ashamed of how this has been handled. In some cases, people have sacrificed personal time, family time, and even left other jobs to come here, only to be dismissed through a pre-recorded message.

This is inhumane, disrespectful, and completely contrary to any values a company should stand for. The way employees have been treated is absolutely disgusting.

Anyone have updates?

Does anyone know how high up the chain the decision of if your VSP will be accepted or declined?? Is it Director or Higher?? I decided to take the offer and move on from the company. 10+ years and its time for me to walk away. No regrets..yes I will miss all my friends that are staying, but sometimes you just need to walk away. And no matter what you choose to do its the best decision either way. Good luck everyone

Is anybody safe when they start giving out PIPs like candy, more than obviously not based on performance?

Rumors are flying about layoffs in July. Anyone know if this is real?

Is that how notifications are going out?

Markets are down but otex is way up today - we are a strong company with a strong story which the markets love