#departmentclosure

Does anyone know when the towers layoff will occur? If you don’t know can you give your best estimate's ? Just trying to prepare myself. What percentage of business and dnd folks do you think will be affected?

With today’s announcement, is there any estimate how many people are losing their jobs?

This is insane.

Apparently, there were some layoffs yesterday. Will it continue today and throughout the week or is that it?

Can anybody shed some light on rumored December cuts?

Hearing the first of many grenades is coming out tomorrow from corporate regarding this global consolidation operation..

One of the biggest things im hearing PDS is going away for non NPT along with all non NPT will become wage employees.

Somethings else FLS & SLS having a minimum amd maximum amount of direct reports as well.

Anyone else got any more information?

Anyone else have details on this?

I just got my early notification only cause my superior is good with me wanted to not hold me out to dry .Im in a department that has been dead a while .I knew it was coming good luck to all .

Just wondering if anyone has heard of a RIF happening this month or maybe December ? Specifically OI

Was anyone above the individual contributor level affected? Manager / director / ED?

Nearly 300 people are set to be laid off from a Connecticut personal care brand company and the company says it also will close a plant here.

https://www.courant.com/2025/11/15/one-of-largest-layoffs-in-a-year-coming-to-ct-this-one-includes-almost-300-people/

Many managers and lower positions being cut. All over the glove.

Told by my friend ( band 5) that no one is out of the woods, even if they survive this round next week. They are cutting 25% across all levels now, later teams will be merged, projects will be discontinued and leftovers will be discarded possibly in Q2/Q3. Every one better start looking for oppurtunities outside.

What is the percentage of layoff completed in this round? And is there another round coming?

This is where the real corruption lies at Fannie Mae. I was in a department where most of the people were management level or above. A department with 30 plus managers 5 plus directors and very little worker bees. Management level and above had a country club mentality where they all protected each other. If they truly want reform at Fannie Mae that is who they should get rid of. A department usually needs 1 director not multiple directors.

End of the road for Colorado Springs, the word on street is that it will be closed on12/15. There are a lot more buildings to follow.

You realize this will happen in Freddie few weeks from now?

Someone posted last week that there was a pause in Market Location Strategy displacements in Risk (see post titled "Risk Location Strategy"). I've heard something for a different group that was supposed to get their relocation decision letters in November (in advance of being displaced in the coming months), but that was "paused". Does anyone know if there is a larger change to the policy going on?

Is there a major round of layoffs about to hit the compliance department? Dan Veale, the global head of surveillance was reassigned to a far less prestigious area of ICRM. Jennifer Taylor, the Chief Compliance Officer of a major unit, has not been seen in the office for weeks. She also no longer has anyone reporting to her as per the global directory, of where till recently had. The Jersey City location is filled primarily with compliance officers, of where Citigroup recently fired a WARN Act with the state of New Jersey, that the bank intends to layoff 70 staff in that location the first week of December. In summary, the combination of an official WARN notice for a location housing compliance staff and the apparent elimination or reassignment of two senior compliance executives makes it highly probable that a major reduction in force is targeting the compliance department. Anyone else observing possible pre positioning ahead of a major change?

The Clark County School District sent staff an email on Friday regarding recent layoffs. he district said budget revisions happened after lower-than-expected enrollment numbers this fall. This impacted support professionals, licensed educators, and school administrators.

https://www.8newsnow.com/news/ccsd-staff-impacted-by-layoffs-after-enrollment-decline/

Are they happening or not?

Anyone here impacted ?

I hear notices going out. Please share what you know

Is it over? How many people were hit? Which areas? Anything?

Link to the List: https://www.usatoday.com/story/money/2025/11/06/saks-off-5th-closing-stores/87130773007/
Link to the video: https://www.youtube.com/watch?v=ONe7-2bJ6WM

Ottawa 50% gutted.

There were only about 450 at Riverside, now 196 fewer remaining.

Some coworkers I worked with every now and then were just let go yesterday. Are they doing layoffs every Tuesday now??

When do we think they will close?

Also, is NA doing a package deal on some other European dog?

Per internal docs it appears that the entire mid market channel (from VP down) will be eliminated due to poor business practices. SMB directors and their teams will be assuming mid market roles and territories. Retail store GMs will be dissolved and stores with low door swings will be closed. This is expected to be announced 11/17-11/21.

Thoughts on this shocking move? If saving money is the long game, then make the move now! Sell the assets. Cancel the contracts. Exit these high tax states. Don’t offer relocation. Eliminate 50% of corporate staff at HQ. If you don’t face a customer or directly interact with those that do, then time to let go. Get rid of the Pelaton marketing crew and turn out the revenue.

This is not a rumor. Just throwing this out there.

This website is now blocked internally. The last time this happened was August 2023. Know what I mean jellybean?

Necessary follow-up emails are even being halted. Critical meetings - on hold. I've talked to several friends across the company, various departments and the sentiment is the same - uncertainty and "waiting to hear if we have jobs."

It's not healthy and makes me wonder Dan's long term "culture" strategy that he claims is a priority, when the short term has gone south so quickly.

I genuinely thought the environment couldn't get worse than what H created, but it def has, in a quick way :-/

Hearing a lot of rumors and basically no department is safe, no position is safe. November 20 is the date I’m seeing and hearing, But I am hearing more than anything that SMB is really on the chopping block. What do we think is going to happen to SMB and B2B? Restructure or just completely cut the channels out and have store reps and managers take care of business?

Have anymore layoffs been announced today?

Does anyone think/know if it’s over? Anyone know how many have been laid off?

Does anyone have actual info on if there will be more layoffs this spring? What would be the purpose of a two wave layoff? Why not one fell swoop?

I was hit in the last RIF. They used the “position elimination” excuse which is interesting since they did a department reorg a month or so prior. Sent in my release form on Oct 2nd. Did not receive payment until the 22nd.

Other functions cutting next week and the following week. Good luck all!

Which BU:'s in Oregon had any firings of at all?