#layoffrumor

So the meeting today in Bedminster was with many managers and other higher ups. The layoff rumors appear to be true, if anything this may just be like some other past RIFs. You get noticed then you have "X" amount of time to check for another position. Not surprised, we arent making money and they need to cut

Rumours of another round of layoffs. 20% to 30% of total workforce reductions

I appreciate people sharing what they’ve heard but this is all so vague I’m really struggling to understand how valid this is. Is it RTO for remote? Is it layoffs like in 2015? Has anyone actually been told anything or is this just phone tag at its worst.

Another big layoff coming to cvs
Side mostly in Dearborn and canada. This time will include managers and supervisors spe ially. Be prepared.

I am a manager with a team taking calls for a big mutual funds client.. It was not communicated officially but there is chatter that they don't want our service anymore, looks like it's a done deal. We don't know if that means layoffs for all our teams... Zero official communication and the team morale is below zero. Anyone got any more information to share about this?

Tomorrow is Monday and a very important week at JRC. A PGL told me that layoffs will take place Thursday and Friday. If you work in FE/RXT and SP, get ready. You won't have a job next Monday. Serious business. Don't dismiss this.

Don't say you weren't warned b

If it turns out to be true, that means we’re sc--wed this coming week. I really hope the part about only managers being affected is accurate. But given the current state of affairs, and all those inspiring news headlines, I’m afraid it may end up hitting everyone. However, the only reason I’d be upset about losing this job is because there’s literally nothing out there to fall back on.

Not that I’d be surprised or anything.

So its almost time! Who know what is happening in January this year?
Region/division cuts? Position cuts?

I’m among those who expected nothing less from the new CEO, but cuts of 6% or more are a truly depressing number.

RIF coming soon and notifications will be on 10/23. Believe it will be 6% across the company and all departments will be impacted. Thanks for the usual early Christmas present, Verizon.

Can somebody please tell me where these rumors about more layoffs are coming from? Are they about other areas, or is this US related? I honestly don’t know how much longer I can take this. I’m a complete nervous wreck.

NI layoffs coming

Sales; hardware and cloud

Which week will the silent but deadly layoffs hit once again…

Is anyone aware of cuts potentially being announced on Oct 21st?

Lot of confirmed reports indicate there will be major cuts coming.

You will be laid off today. If not, there is discussion happening today at some level somewhere regarding your inevitable layoff as you most definitely are considered an expendable cost which needs to be cut.

Layoffs
New CEO
Big merger talks

Will the majority of layoffs happen at Paramount Pictures, Paramount+, CBS, Nickelodeon, MTV, BET, Comedy Central, or somewhere else? What are we thinking?

Talked to a Director today. They are requesting that directors are in the office on Mon & Tue (w/o 10/20). It's mandatory. Well know about layoffs after those meetings as I am sure it'll leak here (it did last time). It's so exausting to wait for things like this as I feel powerless and there is nothing I can do, you do good work and you can still be axed. I guess that is what capitalism and free market requires and I get it, but on a personal level it's just hard.

I’m remote, and honestly terrified we’ll be among the first on the chopping block. If anyone has credible information, please share. There are so many rumors flying around - mass layoffs, HQ-only cuts, even a possible private equity acquisition. It’s hard to tell what’s real, and even harder not to expect something bigger lurking around the corner that could hit us all hard.

MORE LAYOFFS!

Leadership are making decisions as we speak on closing camps in the US. 1000s of layoffs. Hal will never care about your family. Play their game and plan your departure ahead of time.

https://www.vice.com/en/article/is-halo-studios-heading-for-more-layoffs-new-xbox-leak-panics-microsoft-players/

New wave coming and I will have the option to move to atl or dal. It’s going to affect about 200 of my peers.

I am really worried that I will be laid off this year. I’m seeing all the signs of a company wide cut from TR and I’ve been here 25+ years. Performance has been good but they keep changing the standards and performance measurements. How do they usually do these things? What process can the unlucky expect?i

Is anyone hearing of ISPs getting hired back? Or was that just a ruse?

Business Retail and TfB layoffs have been rumored since the IT layoffs in August. If it is going to happen, timing wise it makes sense to wait until after the holidays.

Everyone sounds surprised when this happens! It is the new world order. Expect it to happen and be prepared by saving as much money as possible. Keep your expenses down. No credit card debt, no car loans. Live modestly. Keep your resume updated. Keep your professional network current/ relevant.

I started investing a piece of my salary each paycheck into an index fund for emergencies like losing my job. It has grown into a years salary overtime. If I never need it will be for retirement.

It will happen. You will lose your job. We all will eventually. Don’t stress or lose sleep, be prepared!! No one is coming to save you!! Have a plan, especially if you have a family.

This is not a TMO thing, or an IT thing, it happens everywhere and will eventually hit everyone.

Good advice by @ax+1k721721k.

Any news for today in florida? Seems like once a year.

Big layoffs across the board. The DEI hires from FCC OBAMA are coming. They are still employed at FYBR!

Just wondering if anyone has received the dreaded 6am email today?

The day after the announcement of a new CEO. Lots of open jobs postings disappeared from the jobs board. This trend always precedes RIFs.

I've heard November and February. Anyone else?

I heard there will be layoffs at Lincoln. What have you heard ?

There are two Ford press releases printed as “news” in today’s Detroit newspaper and when that starts happening there is always either a layoff or bad earnings report on the horizon.

Something’s brewing

Who is coming with me?

https://www.thelayoff.com/t/1k72ydbvw

Anyone else? Or is it just rumors? Or is everyone locked in to a NDA?

How are y'all doing?